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L&T sets up subsidiary for AI compute infrastructure

New Delhi, June 21 -- Larsen & Toubro (L&T) has set up a new company for establishing AI compute infrastructure and providing technology services. In a stock exchange notification on Sunday, ... Read More


Mumbai hotels shut jacuzzis, regulate laundry operations to conserve water

New Delhi, June 21 -- Hotels in Mumbai have temporarily shut jacuzzis and reduced laundry operations amid delayed rainfall and dip in water levels at reservoirs that supply water to the city. The Bri... Read More


DGCA panel bats for multi-crew pilot licence, flying schools raise concerns

New Delhi, June 18 -- A Directorate General of Civil Aviation (DGCA) panel has lent its support tothe multi-crew pilotlicence(MPL) model that has divided airlines and flying schools. The MPL modelrel... Read More


Cordelia Cruises parent sets Rs.769-808 price band for its Rs.585-crore IPO

New Delhi, June 18 -- Waterways Leisure Tourism, which operates Cordelia Cruises, has set a price band of Rs.769-808 per equity share for its initial public offering (IPO). The share-sale consists of... Read More


Congestion at freight stations eased, inventory levels normal: JNPA chairman Gaurav Dayal

New Delhi, June 18 -- Congestion at the container freight stations at Jawaharlal Nehru Port (JNPA) has eased and inventory is now back to normal levels, chairman Gaurav Dayal has said. While operatio... Read More


IndiGo tweaks business class offering to lure flyers

New Delhi, June 15 -- Mumbai: IndiGo has tweaked its business class offering with a revamped menu and priority baggage handling to lure business and leisuretravellers. The changes in soft productwill... Read More


Credit note buoys up ship recyclers

New Delhi, June 15 -- India's ambitions for sustainable maritime growth received an impetus with the sector regulator issuing the first ship recycling credit note. On May 28, the Directorate General o... Read More


Antwerp eyes diamond polishers, clean fuels from India

New Delhi, June 13 -- Antwerp in Belgium is optimistic of attracting diamond polishers from India with a simplified immigration process to regain leadership in global trade, Johan Klaps, city's Vice M... Read More


Air Indiasays it is following industry practices inaccidentcompensation, denies pressurising families

New Delhi, June 10 -- Air India has said it is following industry practicesin accident compensation processafter being accusedof coercion by the families ofAhmedabadair crash victims.Air India saidfam... Read More


Star Air says Embraer E190 aircraft induction on track

New Delhi, June 8 -- Star Air is on track to induct two Embraer E190 aircraft to serve high demand routes, airline's chief executive officer Simran Singh Tiwana has said. Currently, Star Air operates... Read More