also the business has performed poor in all matrix QoQ basis
Posts in category All News
Air India-Vistara merger may hit 600 non-flying staff (10-07-2024)
Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.
View: Election Wheel Starts Rolling, Surprise factor, Minimum guarnatee (10-07-2024)
Deputy election commissioners are visiting states like Maharashtra, Haryana, Jharkhand, and Jammu and Kashmir to assess preparedness for yearend assembly elections. An election panel team is currently in Maharashtra. CEC-led ECI brass will conduct field checks in August or September to ensure everything is ready for the upcoming elections.
Rupee dips against dollar amid OPEC forecast jitters, oil importers rush for greenback (10-07-2024)
OPEC maintained its 2024 and 2025 global oil demand growth forecasts at 2.25 million barrels per day and 1.85 million barrels per day respectively, Reuters said. Crude oil prices softened to $84.45 per barrel versus $84.66 yesterday, according to Reuters. However, oil marketing companies are buying crude in anticipation that it might rise further, traders said.
Naidu’s 1st wish of petrochem hub, oil refinery granted (10-07-2024)
Naidu secured approval for a ₹60,000 crore refinery in Andhra Pradesh, considering Srikakulam, Machilipatnam, or Ramayapatnam. Post Modi meeting, BPCL discussions ongoing; announcement on July 23 budget. Naidu met BPCL officials, including Krishna Kumar; 5,000 acres needed. Andhra Pradesh Reorganisation Act 2014 mandates Centre's role. NDA ally Naidu supports BJP; tweeted on X.
Manipur human rights body issues notices to top officials for ‘negligence’ in Jiribam (10-07-2024)
The Manipur Human Rights Commission has issued notices to state officials for negligence in ensuring security measures in Jiribam after a farmer was killed by Kuki-Zo militants. The officials are directed to submit a report on the law and order situation by July 11.
Panel studies US and UK models for exam reforms, plans NTA revamp (10-07-2024)
The education ministry and exam reforms panel are exploring US and UK entrance exam models for potential changes, like computer-based testing. Public feedback favors domain-specific and social aptitude tests. Central government is discussing NTA's role and accountability, considering a statutory structure.
Fed would not wait for 2% inflation to consider rate cut: Powell (10-07-2024)
The US central bank will not want to wait for inflation to cool to its two percent target before considering a rate cut, Federal Reserve Chair Jerome Powell told lawmakers Wednesday. On Wednesday, Powell told lawmakers that he is not yet prepared to express confidence that inflation is moving sustainably down to two percent.