SpiceJet Dissolves Insolvency talks
In an effort to dispel rumours of insolvency, low-cost airline SpiceJet said on May 11 that it is using the $50 million it received from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and internal cash accruals to restart its grounded fleet.
SoftBank’s Vision Fund Crashes and Burns: $32 Billion in Losses Due to Falling Tech Stocks
SoftBank's Vision Fund Faces Major Setback as Tech Valuations Drop, Losing $32 Billion
Go First to Resume Flights on Smaller Scale From May 24
Go First is gearing up to resume its flight services from May 24, this year.
Microsoft Announces No Salary Raises for Employees This Year
Microsoft's Decision to Hold Salaries for this year Disappoints Employees
SN Subrahmanyan to take over as Chairman of L&T as AM Naik Steps Down after 58 years With Company
Infrastructure behemoth Larsen &Toubro (L&T) announced AM Naik's resignation from his position as Non-Executive Chairman and Managing Director on Wednesday.
Google’s New AI Chatbot “Bard” to be Rolled Out in 180 Countries, Including India
Google's Revolutionary AI Chatbot "Bard" Set to Take the World by Storm
Foreign Funds Pull Out of IT Stocks
Foreign investors started pulling out from the top Indian IT companies as concerns about a slowdown in earnings and the threat of a recession grew following the collapse of three US banks.
Government Extends Deadline for Goods Transport Agencies to Opt for GST Payment Until May 31
Government Announces May 31 Deadline for Goods Transport Agencies to Opt for GST Payment.
iPhone Maker Foxconn Purchases 300-acre Site In Bengaluru
Foxconn, a Taiwanese multinational corporation that makes iPhones, also known as Hon Hai Precise Industry, has purchased 300 acres at Devanahalli, close to Bengaluru Airport.
Axis Bank Revolutionizes Payment System By Linking RuPay credit cards With UPI
Axis Bank takes a step towards cashless payments with RuPay credit cards and UPI integration
