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Edtech major BYJU’S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the $1.2 billion Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the …
In a blog post, Microsoft corporate vice president for Xbox Dave McCarthy outlined additional steps the company is now taking to improve its age verification systems and to ensure that parents are involved in the creation of child accounts for the service. File | Photo Credit: AP Microsoft will pay …
In a blog post, Microsoft corporate vice president for Xbox Dave McCarthy outlined additional steps the company is now taking to improve its age verification systems and to ensure that parents are involved in the creation of child accounts for the service. File | Photo Credit: AP Microsoft will pay …
Sahar Elhabashi, vice president, Head of Podcast Business, said in a memo that impacted employees would receive severance packages. File | Photo Credit: AP Spotify is cutting about 200 people, or 2% of its workforce, as the streaming company reworks its podcast unit. Sahar Elhabashi, vice president, Head of Podcast …
Currently, IndiGo has more than 300 aircraft. File | Photo Credit: Reuters IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more domestic and international routes, its CEO Pieter Elbers said on June 5. The budget carrier flew 86 million passengers in …
The tail fins of Go First airline, formerly known as GoAir, passenger aircrafts are seen parked on the tarmac at the airport in New Delhi, on May 11, 2023. | Photo Credit: Reuters The NCLT on June 5 directed the IRP of Go First to file a reply within one …
Willie Walsh, Director General of the International Air Transport Association (IATA), speaks during IATA annual meeting in Istanbul, Turkey June 5, 2023. | Photo Credit: REUTERS Airlines globally were “beyond frustrated” due to supply-chain issues, said Willie Walsh, the Director General of the International Air Transport Association at its annual …
The Ministry of Civil Aviation has also asked airlines to develop a mechanism to ensure reasonable pricing within the highest fare buckets. Representational file image. | Photo Credit: B. Velankanni Raj The government wants airlines to “self-monitor” their airfares on routes that were earlier served by GoFirst after the suspension …
M Rajeshwar Rao, Deputy Governor, Reserve Bank of India. File | Photo Credit: Special Arrangement India’s banking sector needs to address gaps in the governance frameworks and assurance functions in a bid to gear up to meet the future challenges as the country strives to become a developed nation by …
In recent times, there has been a steep rise in unruly passenger behaviour incidents, including in India. Image for representation purpose only. | Photo Credit: Pixabay One unruly passenger incident was reported for every 568 flights last year compared to one such incident per 835 flights in 2021, according to …