Thomas Cook India, the country's leading travel and tourism company, has acquired 100 per cent stake in Travel Corporation India for a total consideration of Rs 182.45 crore (Rs 1.82 billion).
Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players' growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players' profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.
Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
Here are some facts about Rishi Sunak and his India connections.
After constructing the world's tallest tower, Dubai has now earned the distinction of having the "most sustainable" commercial building in the world - The Change Initiative (TCI).
Citing security reasons, the Bombay high court on Monday dismissed a petition filed by TCI Industries, seeking approval from authorities to construct a high-rise on the erstwhile Mukesh Mills in upscale Colaba area in Mumbai.
The recurrent increases in fuel prices over the past 10 days are eating into the margins of transporters, who will be forced to pass on the hikes to their customers. This, in turn, is set to make the prices of daily consumables and other goods dearer, affect consumption, and slow economic growth, said transporters and analysts. Freight rates on grand trunk routes have shot up 3-4 per cent month-on-month in the past few days, according to the Indian Foundation of Transport Research & Training (IFTRT).
Trainers at TCYonline.com share tips and tricks on how to improve your problem-solving skills and speed.
Trainers at TCYonline.com share some easy to use tips using solved examples.
The Management Aptitude Test (MAT) is scheduled for February 3, and experts from TCY have compiled a Mock MAT to help prepare for the actual test.
Part II of our TOEFL chat with Top Careers and You.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Writes to coal secretary; may move court today as it finds directors' response inadequate.
Travel time, too, has not fallen much after the abolition of octroi with trucks still queued up at regional transport offices and toll tax plazas.
Another batch of Indians, who were caught in the violent unrest in Cairo over the demand for the ouster of Egyptian President Hosni Mubarak, reached Mumbai by a special 'ferry' flight of Air India on Thursday. The special flight AI-161, a Boeing 747-800 aircraft, carrying 212 passengers on board, landed at 5.22 am at the city's Chhattrapati Shivaji International Airport, an Air India spokesperson said.
Experts at TCYonline.com share five important aspects of this section.
Vaishnu Dass, Quant faculty at TCY provides tips to help CAT aspirants plan their preparation strategy.
The Data Interpretation (DI) section of CAT has always been a stumbling block for students, but it does not have to be say experts at TCYonline.com.
These questions will help test-takers gain a hands-on feel of the test.
Experts at TCYonline.com share tips on how you can improve your speed and accuracy and demonstrate these tips by using real CAT questions.
These questions will help test-takers gain a hands-on feel of the test.
Dan Chugg, the First Secretary and the official spokesman of the British High Commission in New Delhi, in an exclusive phone interview talks about studying in the UK.
SAT experts Atul Prashar and Aman Bansal discuss how to prepare for it, as well as what applying to US universities involves.
GRE test takers often complain that Reading Comprehension-based questions need a lot of time. They are possibly right, but only to an extent. In GRE we normally see two types of RC passages, here's a look at the first.
To help you prepare for the MAT scheduled to be held on May 3, we publish a Mock MAT to hone your skills and speed.
At least 20 trucking companies are negotiating a consortium to operate rail containers, a business that was opened to private participation last month, and retain their dominant share of the container transport market.
KB Sharma and Deepak Kumar, competitive examination experts, give advice to Get Ahead readers on CAT 2007.
A new linear GRE replaces old adaptive GRE. Find out what this means for you.
In the new 'Verbal reasoning' section, the focus has shifted from vocabulary to reasoning -- will that make the GRE easier?
About 50,000 truckers, most of whom are single-truck owners, could be thrown off their businesses due to the recent fuel price hike. "Already the vehicle supply on the road is higher than the requirement. "With the fuel price hike, fleet owners will look to cut down fleet size wherever needed and due to this, small single-truck owners could be at the receiving end," Ashok Goyal, managing director at BLR Logistiks (I) Ltd said. The company has a fleet of 500 vehicles of all types-small, medium and large with pan-India presence.
From old to new, to old again. But is the format back to exactly the old pattern?
The transcript of the CAT analysis chat with Rakesh Kumar and Munish Kumar of Top Careers And You.
The ropeway like system runs on electricity and driverless pods and comes down at designated stations, removing the traffic burden from congested roads.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
The Yamaha R3 is not a completely track focused machine, like the R15. Seating of the bike is much comfortable and you can use it for your routine commuting as well and that is why it has been tagged as a daily superbike.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Are the new changes helpful to test takers? Find out!
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