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The Latest Breaking News from AI

Tata airlines' consolidation begins: CCI approves Air India acquiring entire stake in AirAsia India

NEW DELHI: Paving way for consolidation among the four Tata Group airlines, the Competition Commission of India (CCI) approved acquisition of entire shareholding in Air Asia India by Air India.

The Times of India

Singapore Competition Commission expresses concern at Tatas acquiring Air India

NEW DELHI: The Competition and Consumer Commission of Singapore (CCCS) has expressed concerns over Tatas acquiring Air India as three related entities now have a major presence on “overlapping passenger routes” — Delhi-Singapore and Mumbai-Singapore — apart from “overlapping cargo routes” between India and the city state.

The Times of India

Here's Why Analysts Had Mixed Opinions On C3.ai Post Q4 Results

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand. Ramnani noted the…

Benzinga

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Why C3.ai Stock Is Plunging After Hours

C3.Ai Inc (NYSE: AI) shares are trading lower in Wednesday's after-hours session after the company reported financial results and issued guidance below analyst estimates.

Benzinga

After 51 years, Maharaja 'retires' his 'queens of the skies'

NEW DELHI: Air India’s iconic Boeing 747s may have finally reached the end of the road after colouring international skies in the tricolour for over half a century.

The Times of India

IndiGo may have business class on long-range A321 aircraft

NEW DELHI: IndiGo could have a business class on the Airbus A321 XLR (extra long range) that begin joining its fleet from mid 2024 and will be used for nonstops with a duration of up to 7-8 hours to Europe and Far East.

The Times of India

Air India offers VRS for permanent staff, starts fresh hiring

NEW DELHI: The Tatas have started fresh hiring for Air India and on Wednesday, the airline rolled out a voluntary retirement scheme (VRS) for some permanent employees — including cabin crew for the first time ever in AI’s history — who are either over 55 years of age or have…

The Times of India

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Air India employees at airline colonies in Delhi’s Vasant Vihar & Mumbai’s Kalina asked to vacate by July 26

NEW DELHI: The close to 2,000 employees living in Air India’s staff colonies — the uber posh Vasant Vihar in Delhi and Kalina in Mumbai — will have to leave their official accommodation latest by July 26, 2022, or face staff fines and also lose there retirement benefits.

The Times of India

Seven centuries of Irish archives painstakingly recreated after being destroyed in civil war

Digital wizardry and academic sleuthing have helped recreate a cultural treasure severely damaged in the conflict in 1922

The Guardian - UK

Why This Analyst Remains Bullish On Upstart Holdings, While Others Cut Their Ratings

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion.

Benzinga

DGCA de-registers four jumbo jets of Air India

NEW DELHI: A question mark hangs over whether the Maharaja’s “queen of the skies” — his four Boeing 747 jumbo jets — will fly passengers again. The nearly three decade old aircraft have been de-registered by the Directorate General of Civil Aviation (DGCA).

The Times of India

Air India flight from Chicago to Delhi hit by lightning, lands safely

NEW DELHI: An Air India Boeing 777 flight operating from Chicago to Delhi on Friday (April 22) suffered a lighting strike during climb from the origin at about 10,000 feet.

The Times of India

Taiwanese scooter brand Gogoro makes Nasdaq debut in rare IPO

Electric scooter maker is just the third Taiwanese firm to go public in the US in the past five years.

Al Jazeera

Air India scales down flights to Sri Lanka

16 flights per week is reduced to 13 due to poor demand

The Hindu

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The Times of India

Mumbai-US direct connectivity falls: From 21 weekly on 3 airlines to just 3 now only on Air India

NEW DELHI: From 21 weekly nonstops to just three now, Mumbai’s direct connectivity with the US has taken a severe hit over pre-pandemic times even after the resumption of regular international flights.

The Times of India

66 airlines, 40+ nations and 3,249 weekly flights: Skies reopen after 2-year pandemic break

NEW DELHI: Six Indian and 60 foreign airlines from 40 countries — but none from China as of now — will from Sunday operate 3,249 weekly flights to and from India under the summer schedule as regular international flights resume after a gap of over two years.

Daily Mirror

Louis van Gaal blasts "b*******" and "ridiculous" FIFA for World Cup in Qatar

FIFA's decision to host the World Cup in Qatar this winter has seen them come in for huge criticism and Louis van Gaal is the latest to take aim at the tournament

Financial Times

Will AI turbocharge the hunt for new drugs?

Advocates point to the pandemic as proof of its value in healthcare even as critics dismiss its use in drug discovery as ‘hype’

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The Times of India

Tata Sons’ chief N Chandrasekaran appointed Air India chairman

NEW DELHI: Tata Sons chief N Chandrasekaran will be the chairman of Air India. His appointment was approved at a board meeting in Delhi on Monday, say people in the know.

Benzinga

4 Analysts Lower Price Target On C3.AI After Earnings: Here's Why

Artificial intelligence software company C3.ai Inc (NYSE: AI) reported quarterly results and guidance on Thursday. Here’s the reaction from analysts. The C3.AI Analysts: Morgan Stanley analyst Sanjit Singh issued an Underperform rating and price target of $31.

The Times of India

Operation Ganga: 26 airline charters & IAF C-17 Globemaster flights over next 3 days to fly back Indians

NEW DELHI: India will operate 26 charters over the next two to three days to bring home Indians who have managed to leave Ukraine and make it to neighbouring countries, according to foreign secretary Harsh Vardhan Shringla.

The Times of India

Ayci declines position of Air India CEO: Tata Group

NEW DELHI: Former Turkish Airlines chairman Ilker Ayci has “declined” the position of Air India MD CEO.

The Times of India

Operation Ganga gains speed: IndiGo, AI Express & SpiceJet join Air India in bringing back Indians

NEW DELHI: Given the large number of Indians who require to be evacuated from conflict zone Ukraine, other Indian airlines — IndiGo, Air India Express and SpiceJet — have also started operating flights to Bucharest and Budapest.

The Times of India

Air India flight with Indians from Ukraine to reach Mumbai today

MUMBAI: The Air India's special charter flight that took off from Mumbai in the early hours of Saturday for Bucharest to evacuate the Indian students stranded in Ukraine, landed in the Romanian capital around 10.30am. The return flight is expected to reach Mumbai around 8pm today.

The Times of India

Air India & Vistara to fly each other's passengers in case of flight disruptions

NEW DELHI: Air India and Vistara will now accommodate each other's domestic and international passengers if the flight of either airline is disrupted due to some reason.

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