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The Latest Breaking News from AI

AI plans to raise market share to 30% in 5 years

Unveils its future roadmap called Vihaan.AI

The Hindu

3 SaaS Stocks Getting Crushed Right Now

The recent tech rout due to macroeconomic factors has crushed some quality SaaS stocks. As the Fed intends to keep raising interest rates, fundamentally weak SaaS stocks Twilio (TWLO), UiPath (PATH), and C3.ai (AI) are expected to see further downside. So, these stocks are best avoided now. Read on….

StockNews.com

Try other remedy on quarters, Bombay HC tells Air India, unions

MUMBAI: Bombay high court on Friday told Air India (AI) and its employees' unions to consider exploring an alternate remedy for settling their dispute over eviction notices to around 500 employees.

The Times of India

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2 SaaS Stocks Investors Should Avoid or Sell Short

The SaaS industry is expected to grow considerably this year, driven by increased adoption of cloud platforms. However, the industry has suffered a brutal sell-off lately because of the macroeconomic and geopolitical headwinds. Since the stock market is expected to remain under pressure, fundamentally weak SaaS stocks C3.ai (AI) and…

StockNews.com

Heathrow chaos affects India flights too; Virgin Atlantic cancels a Delhi service today

NEW DELHI: Passengers booked on flights between India and London Heathrow (LHR) this summer face an uncertainty over their travel plans. With Heathrow restricting capacity to a lakh passengers daily due to severe constraints, the India flights — operated by Air India (AI), Vistara, British Airways (BA) and Virgin Atlantic…

The Times of India

Mounting delays, flyer woes: Air India looks at deboarding AIASL as ground handler from some airports

NEW DELHI: Citing increased flight delays and passenger dissatisfaction at airports where ground handling is done by its erstwhile subsidiary that post-privatisation remains with the government — Air India Airport Services Ltd (AIASL), — AI has started looking at making alternate arrangement at those places.

The Times of India

Would You Wear It? Patent Shows Inflatable Parachute Vest For Riders

Airbag Inside Sweden has been working on an array of inflatable motorcycle safety gear for the past few years, and applied for a patent on this parachute vest.

RideApart

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Next MD & CEO: Campbell Wilson visits Air India office; to join after completion of formalities

NEW DELHI: Air India will finally be run by an aviation veteran with a proven track record. Campbell Wilson, a veteran from Tata’s trusted airline partner Singapore Airlines and Air India MD CEO-designate, reached Air India HQ in Delhi on Monday — just days after his last day at SIA…

The Times of India

Air India uploaded provisions of denied boarding, flight delays in its Citizen Charter: DGCA

NEW DELHI: The Directorate General of Civil Aviation (DGCA) says Air India has uploaded the “provisions of denied boarding, flight delays (and others)” in its Citizen Charter.

The Times of India

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

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

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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

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 Guardian - UK

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

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news in one place.

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Benzinga

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.

The Times of India

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.

Al Jazeera

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.

The Hindu

Air India scales down flights to Sri Lanka

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

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.

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