Tata Sons-owned Air India on Tuesday announced that it has signed letters of intent with Airbus and Boeing to acquire both widebody and single-aisle aircraft. The order comprises 40 Airbus…
Category: Companies
After 250 Airbus planes, Air India to buy 220 Boeing aircraft; Biden hails ‘historic’ deal
US President Joe Biden hailed a “historic agreement” for Air India to purchase 220 Boeing airplanes with a list price of $34 billion. The order includes 190 737 MAXs, 20…
Hotel prices in India rise 15%-20% so far in 2023: Here’s why
Hotel prices across most destinations have seen a 15-20 per cent increase in the last six weeks. A combination of the wedding season, return of corporate travel and events has…
PhonePe raises $100 mn from Ribbit Capital, Tiger Global and TVS Capital at $12-bn valuation
Walmart-owed digital payments firm PhonePe has raised $100 million in a fresh funding round from venture capital investors Ribbit Capital, Tiger Global and TVS Capital Funds. The fundraise is part…
Data Science top skill acquired in 2022; 83% plan to upskill in 2023: Great Learning
Data Science was the top skill acquired by learners in 2022, followed by Software Engineering and Management, according to a report by Great Learning. Upskilling has been the biggest trend…
Tata-owned Air India to buy 250 jets from Airbus, announces N Chandrasekaran
Tata-owned Air India has signed a deal to buy 250 aircraft from Airbus, group chairman N Chandrasekaran announced on Tuesday. The airline, which is on an expansion spree by starting…
Bengaluru, Mumbai sunshine locations for hiring: TeamLease report
Bengaluru, Mumbai, and Chennai have emerged as the cities with the highest hiring sentiment in the services and manufacturing sectors. According to a report released by TeamLease for Q4, close…
Two Adani firms may repay short-term commercial paper borrowings over next few months: Report
Two large companies within India’s embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next few months, instead of rolling…
Adani Enterprises back in black in Q3, posts Rs 820-cr profit
Adani Enterprises returned to black in the December 2022 quarter as the flagship company of Gautam Adani-led conglomerate reported a net profit at Rs 820.06 crore on Tuesday amid strong…
Microsoft-owned LinkedIn lays off employees in recruitment department: Report
Microsoft’s LinkedIn has become the latest tech company to be hit with layoffs. The employment-focused social media platform LinkedIn has reportedly laid off employees from the recruitment department. According to…