Air India’s load factor improves to 80% under Tata group management

Management and leadership changes, in addition to synchronising operations between all its airlines, are showing visible results for Air India. Data from the Directorate General of Civil Aviation (DGCA) show that there has been a marked improvement in key operational parameters of Air India after the Tata group took complete control of the national airline in January. One of the […]

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Serena Williams Plans Retirement Sometime After U.S. Open

Twenty-three-time Grand Slam champ Serena Williams will retire after playing in this year’s U.S. Open this month, the tennis player says in a new Vogue magazine article and on her own social media accounts. In the Vogue article published online today, Williams dismisses the word “retirement,” preferring instead to use the term “evolution.” “I’m evolving away from tennis, toward other […]

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Breweries scramble for CO2 amid shortage: 'A scary situation'

video Breweries scramble for CO2 amid shortage: ‘It’s a scary situation’ A carbon dioxide shortage is causing problems for brewers. Bad news for beer drinkers. A carbon dioxide shortage is causing problems for brewers. CO2 is a key ingredient to make beer, and without it, some breweries are stopping production and cutting jobs.  "I'm in daily texts, communication with my […]

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Elon Musk says Tesla factories are 'losing an insane amount of money'

Hong Kong (CNN Business)Tesla’s sales of China-made vehicles plunged 64% in July from a month earlier, as the company’s ambitious upgrade of its Shanghai factory disrupted production. The sharp drop for Tesla comes as sales of new energy vehicles in China more than doubled, as the world’s largest car market aggressively promotes switching to electric. Tesla (TSLA) delivered 28,217 electric […]

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European Shares Mostly Lower As Sino-US Tensions Weigh

European stocks were broadly lower on Tuesday as investors weighed the risks of worsening relationship between the U.S. and China. Investors are worried that a trip by U.S. House Speaker Nancy Pelosi to Taiwan would raise tensions between the world’s two economic superpowers. Chinese foreign ministry spokesman Zhao Lijian said that Pelosi’s visit would lead to “very serious developments and […]

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Softbank’s Masayoshi Son Needs to Be Fired

Masayoshi Son founded Softbank in 1981 and currently serves as its board chair and chief executive officer. He has wiped out billions of dollars of the company’s market cap as he made risky bets on both public and private technology companies. His Vision Fund, which had $100 billion to invest, is reeling from losses. The Vision Fund lost $21.7 billion […]

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Taxpayers fear notices due to I-T dept slips

information statement (AIS) provided by the I-T department in many cases is showing incomes in excess of their earnings. The Central Board of Direct Taxes (CBDT) has dismissed these fears as unfounded. The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on July 31. Over 55.3 million returns were filed till 6 pm on July 31 […]

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