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Vistara to add 10 aircraft and 1,000 passengers this fiscal year; shelving plans to fly to the United States-thumnail

Vistara to add 10 aircraft and 1,000 passengers this fiscal year; shelving plans to fly to the United States

According to a senior official, full-service airline Vistara aims to add 10 aircraft and recruit more than 1,000 personnel in the current fiscal year, but has scrapped plans to fly to the United States. Vistara, which is poised to combine with Air India, now operates 61 planes and employs approximately 5,200 people. With the demise of Go First, Vistara CEO Vinod Kannan said this week that there is a ready pool of personnel, particularly pilots and cabin crew members.

News

Jun 8, 2023

WhatsApp to Introduce HD Photo Sharing Feature, Allowing Users to Send High-Definition Images-thumnail

WhatsApp to Introduce HD Photo Sharing Feature, Allowing Users to Send High-Definition Images

WhatsApp is reportedly introducing HD Photo Sharing Feature allowing users to send high-definition photos. The feature, currently rolling out to Android and iOS beta versions, lets users choose the quality of the images they share. While minor compression still occurs, the update preserves the original dimensions of the photos.

New Launch

Jun 8, 2023

Lionel Messi Chooses Inter Miami Over Lucrative Saudi Arabia Deal-thumnail

Lionel Messi Chooses Inter Miami Over Lucrative Saudi Arabia Deal

Lionel Messi has chosen to join Inter Miami in Major League Soccer, turning down a lucrative $400 million deal from Saudi Arabia. The move strengthens partnerships with Apple and Adidas while dealing a blow to Saudi Arabia’s sports ambitions. Miami prepares to host the World Cup as Messi ventures outside Europe for the first time.

Business

Jun 8, 2023

Zypp Electric: Enabling zero-emission deliveries-thumnail

Zypp Electric: Enabling zero-emission deliveries

When electric Vehicles were not the talk of the town, Zypp Electric, a prominent last-mile delivery fleet management firm, leaped into the EV-based ecosystem. Akash Gupta and Rashi Agarwal founded the electric scooter provider firm in 2017 with the goal of assisting India in embracing sustainable transportation and reducing pollution.

Automotive

Jun 8, 2023

Inflation Rate Expected to Ease-thumnail

Inflation Rate Expected to Ease

The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

Business

Jun 8, 2023

According to the founder employment tracker, India Inc’s recruiting activity has slowed by 7% due to macroeconomic difficulties-thumnail

According to the founder employment tracker, India Inc’s recruiting activity has slowed by 7% due to macroeconomic difficulties

According to the most recent statistics from the top recruitment, platform found it, India Inc’s recruiting activity fell 7% in May compared to last year, as employers across most industries remained cautious in adding to their payrolls owing to persistent macroeconomic uncertainties and global challenges. 

Business

Jun 8, 2023

GRM Overseas, a leading basmati rice exporter, wants to establish itself in the domestic market-thumnail

GRM Overseas, a leading basmati rice exporter, wants to establish itself in the domestic market

GRM Overseas, a renowned exporter of basmati rice from India, is preparing to establish itself as a consumer staple firm in the home market. 

Business

Jun 8, 2023

At the RBI MPC meeting, real GDP growth for FY24 is forecast to be 6.5%-thumnail

At the RBI MPC meeting, real GDP growth for FY24 is forecast to be 6.5%

Das said that the MPC agreed to leave the policy rate steady at 6.5 percent at its monetary policy meeting. It was the same at the last (April) meeting.

News

Jun 8, 2023

Oil Production Cut by OPEC Member Unlikely to Impact Market, Expectation of Lower Fuel Prices by Oil Marketing Companies-thumnail

Oil Production Cut by OPEC Member Unlikely to Impact Market, Expectation of Lower Fuel Prices by Oil Marketing Companies

According to government sources, oil marketing companies (OMCs) are expected to reduce prices of petrol and diesel. The companies have shown positive quarterly results and have almost recovered their losses, indicating a return to normalcy.

The expectation for lower fuel prices stems from the fact that OMCs no longer face under-recoveries in petrol and diesel. Additionally, an oil production cut by one of the members of the Organization of the Petroleum Exporting Countries (OPEC) is believed to have minimal impact due to emerging alternative markets.

Business

Jun 8, 2023

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry-thumnail

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry

Business

Jun 8, 2023

OpenAI CEO Sam Altman visiting India, Clarifies GPT5 Training Status-thumnail

OpenAI CEO Sam Altman visiting India, Clarifies GPT5 Training Status

OpenAI CEO Sam Altman has revealed that the company is not currently training GPT5, the successor to GPT4, stating that there is still much work to be done. Altman emphasizes the need for safety audits and cautions against the rapid advancement of AI technology, addressing concerns raised by researchers and executives.

Business

Jun 8, 2023

“Thyssenkrupp AG’s marine arm and Mazagon Dock to Collaborate on Indian Navy Submarine Project, Expanding Military Equipment Sources”-thumnail

“Thyssenkrupp AG’s marine arm and Mazagon Dock to Collaborate on Indian Navy Submarine Project, Expanding Military Equipment Sources”

European manufacturer, Thyssenkrupp AG’s marine arm and Mazagon Dock Shipbuilders Ltd. will jointly build submarines for the Indian navy, signaling India’s efforts to diversify its military equipment sources. The collaboration aims to reduce reliance on Russia and counter China’s assertiveness. Germany supports this move to bolster its strategic partnership with India and supply modern military gear.

Business

Jun 8, 2023


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