Air India’s CEO, Campbell Wilson, announced on Monday that the airline would temporarily reduce the frequency of flights on certain US routes due to crew shortage issues. Wilson also stated that the airline will have 100 pilots for Boeing 777 planes in the next three months, as they are being “activated,” and around 1,400 cabin […]
In recent news, SpiceJet Chief Ajay Singh has announced that the airline is significantly restructuring its balance sheet and will aggressively push for fleet expansion. The budget carrier is also set to tap the Qualified Institutional Buyer (QIB) route to raise up to Rs 2,500 crore. Singh also shared that SpiceJet will have a significant […]
On Monday, there was a sharp decline in banking stocks and bonds following the announcement of UBS Group AG’s acquisition of Credit Suisse Group AG. The deal was orchestrated by Swiss regulators in an attempt to restore confidence in the sector, and UBS will pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse and […]
Samsung to Boost Production Competitiveness with Investment in Smart Manufacturing in India Samsung, the South Korean electronics giant, has announced plans to invest in setting up smart manufacturing capabilities at its largest mobile phone plant in Noida, India. The move aims to enhance the competitiveness of Samsung’s production processes. T M Roh, Samsung’s President and […]
Shri G. Kishan Reddy, Minister for Tourism, Culture and Development of North Eastern Region, Government of India chaired the Meeting of Heads of Shanghai Cooperation Organisation (SCO) Tourism Administrations held in ‘Kashi’ (Varanasi) on 17th March 2023. The meeting was attended by H.E. Yerzhan Yerkinbayev, Vice Minister of Culture and Sports, Government of the Republic of […]
