Airlines in the Asia-Pacific region are expected to corner the maximum profits this year, with the aviation industry's umbrella body IATA projecting a global profit of $8.9 billion in 2010.
'The world may be desirous of peace, but not Kim Jong-un.' 'Should we then accept the old adage that to maintain peace, we should be prepared for war?' asks Rajaram Panda.
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
IGATE's shares closed on Nasdaq on Friday at $45.85.
Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.
The survey by PricewaterhouseCoopers and Duke University's Offshoring Research Network stated that the outsourcing industry is transforming due to the emergence of new providers around the world and efforts of existing outsourcers to expand into new markets.
Iraq's military intelligence authorities have arrested five men, linked to Al Qaeda, for manufacturing chemical weapons and plotting to smuggle them to Europe and North America. The military intelligence authorities monitored the activities of the men for three months in which three workshops that manufactured chemical agents were uncovered.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
'When the gold price rises rapidly, India's physical gold market remains on standby.'
TCS reported a 5.8 per cent rise in revenue at Rs 27,165 crore.
IT major TCS is planning to revamp the organisation structure to align with customers more closely, as it aims to achieve $50 billion (about Rs 3.89 lakh crore) revenue by 2030, a source aware of the development said on Tuesday. The company had garnered $25 billion in revenue in 2021. "TCS has now charted its roadmap and long-term strategy to reach the next $25 billion revenue. "It aims to get to $50 billion by the close of the decade," the source told PTI.
North Korea on Wednesday test-fired a ballistic missile towards the Sea of Japan.
India will beat China, North America and Europe to become the fastest growing automobile market.
Thousands of Telugu-speaking Indian Americans gathered at the Rosemont Convention Centre in O'Hare, Chicago on Friday to participate in the 17th annual convention of Telugu Association of North America.
With its bullish plans to take its Figo car model to global markets, Ford India is looking at North America, the UAE and South America, among others, for export. The company expects to export at least 10,000 units of Ford vehicles in these countries by the end of this financial year.
Endhiran and its Telugu and Hindi dubbed versions are doing solid business in the US.
Misri, a 1989-batch India Foreign Service officer, is presently serving as Indian envoy in Myanmar.
'India shares the world's pain, but India's pain is not the world's.' 'Little that occurs here is even reported abroad,' notes Sunanda K Datta-Ray.
Former Chelsea striker Didier Drogba has said he is discussing his future with Major League Soccer team Montreal Impact but that retirement talk was premature. French media reported on Wednesday that the 37-year-old Ivorian was to quit playing and join the coaching staff of Premier League champions Chelsea under interim manager Guus Hiddink. "Lovely to receive these messages but I have not yet announced my retirement and am still in discussion with @impactmontreal about my future," Drogba, who has a contract with Montreal Impact through to December, posted on Twitter.
Trump told reporters that US and South Korea are facing the threat of reckless and brutal regime of North Korea.
Satyarup Siddhanta is the youngest mountaineer in the world to climb both the Seven Summits and the Seven Volcanic Summits.
Megan Fox loses out to a bunch of cartoon characters, at the box office.
'Obama probably thinks, "He is quite a guy!" Americans on Capitol Hill think, "He has guts. He is a big player".' An Indian official explains the importance of the Modi visit to Sheela Bhatt/Rediff.com
Ehab Kaoud takes you behind the scenes.
Companies say they have ensured that services to clients remain unaffected.
Growth in Chinese factories slowed to a crawl as export demand dwindled, while Germany saw business activity decline for the first time in five months.
The Independence Day weekend in America was a memorable one for hundreds of Jain teenagers and young adults from North America. Some of them were inspired to change their diet. Several of them may have met their future spouses. Others learned about the history of their ancestors. Many found a way to relate to their spirituality.
They are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.
New York's North American and the UK grosses looks small compared to that of Yash Raj's big hit Rab Ne Bana Di Jodi. But that of course starred Shah Rukh Khan, and was directed by Aditya Chopra.
When one of your employees decides to move on, use a carefully designed exit interview to involve him in defining the problems and generating solutions.
From a poor farmer's family to IIT-IIM to the tallest peaks in the world, Malli Mastan Babu's story is the stuff movies are made of, discovers Chandrima Pal.
Denzel's film The Book of Eli grossed $11.7 million on its opening day in America and Canada against Avatar's $10.4 million.
Recent moves by Japan's two largest automakers suggest that the electric cars still are not ready for prime time - and may never be.
In a statement issued late on Wednesday night, Citigroup said, "A total of 360,083 North America Citi-branded credit cards were affected. Only accounts issued in the US were impacted."
Computer hackers have breached Citigroup's computer network and have accessed data related to hundreds of thousands of its card customers, the Financial Times said.
A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.
Changing political situation in America and European countries have forced rich Islamic investors from the Gulf countries to look for investment opportunities in South East Asian countries, including India.
Prime Minister Narendra Modi will address a gathering of Indian Americans from across the US in Washington on June 23 on the role of diaspora in India's growth story, an eminent community leader has said.
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