[ad_1] The passenger capacity of the Secunderabad – Tirupati – Secunderabad Vande Bharat Express will more than double to 1,128 and the train will travel faster from Wednesday. The train which was travelling with eight coaches and 530 passenger capacity is being enhanced with revised composition of 16 coaches and 1,128 passenger capacity from May … Read more
[ad_1] CHENNAI: IT major Cognizant on Thursday reported a 3% rise in net profit at $580 million primarily on the back of lower selling and general administration expenses and other cost optimization actions. Quarterly revenue at $4.8 billion grew 1.5% year-on-year in constant currency terms beating analyst estimates marginally. Approximately, 30% of the quarter’s deal … Read more
[ad_1] NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued show cause notices to Air India CEO and chief of flights safety over the February 27, 2023, case of a pilot inviting a friend over to the flight deck of a Dubai-Delhi flight. A senior DGCA official said the notice has been issued … Read more
[ad_1] BENGALURU: Employee costs as a percentage of revenue has risen in large Indian IT services companies in the past quarter, which explains why some of them are laying off staff, or sharply reducing hiring.TCS reported a sequential revenue increase of only 0. 6% in constant currency, and the employee cost as a percentage of … Read more
[ad_1] NEW DELHI: Air India’s Delhi-London flight (AI 111) had to return to IGI Airport after an unruly passenger on board tried to open a door of the Boeing 787 an hour after take off on Monday. He then allegedly hit two air hostesses when they tried to pull him away from the door.The Dreamliner … Read more
[ad_1] NEW DELHI: The government on Friday unveiled a new Foreign Trade Policy (FTP) seeking to push e-commerce, internationalise the rupee and offer amnesty to those who have been unable to meet the export obligation targets under the Export Promotion Capital Goods (EPCG) and advance licensing schemes. Announcing the new policy, commerce and industry ministry … Read more
[ad_1] WASHINGTON: The US economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down.The government had previously estimated that the economy … Read more