Mumbai: The Indian Airline Spice jet has decided to give a break to nearly 80 pilots without pay for a period of three months. Based on this measure, the line with Spice Jet’s policy, to not reduce any employees, this same has followed even in the covid time by the airline, and that will help in rationalizing the pilot strength vis-à-vis the aircraft fleet. In 2019, … [Read more...] about SpiceJet places nearly 80 pilots put on leave without pay for 3 month
Business News
Indian Rupee gains 46 Paise to 78.94 against the US dollar ahead of the RBI policy outcome
Business News: The rupee gains 46 paise to 78.94 against the US dollar in early trade, ahead of the Reserve Bank of India’s policy meeting outcome. At the interbank foreign exchange, the rupee opened at 79.15 against the American dollar and then touched 78.94, registering a gain of 46 paise over the last close. The Indian rupee was down by 25 paise to close at 79.40 … [Read more...] about Indian Rupee gains 46 Paise to 78.94 against the US dollar ahead of the RBI policy outcome
Elon Musk’s Tesla has sold 75% of its Bitcoin & added $936 million in cash
Elong musk Tesla sold 75% of Bitcoins and added $936 million in cash to its balance sheet in the second quarter, Q2 this year, as it dealt with an economic meltdown amid crypto-currencies falling off the cliff. Tesla made a $1.5 billion investment in Bitcoin and announced that it would accept Bitcoin as payment, last year. In the second phase or quarter of the earnings, … [Read more...] about Elon Musk’s Tesla has sold 75% of its Bitcoin & added $936 million in cash
Netflix OTT Platform lost nearly One Million paid subscribers
Technology: Previously, Netflix has loses its subscribers in the first quarter. In the second phase, Netflix announced that it lost nearly one million paid subscribers in the second quarter of this year. In the reports of second-quarter earnings, the company revealed that it has lost 9, 70,000 subscribers and that is a lot more than the 2, 00,000 member decline from the … [Read more...] about Netflix OTT Platform lost nearly One Million paid subscribers
Blockchain platform 5ire raises $100 mn, becomes 105th unicorn in India
Blockchain platform 5ire raises $100 mn, becomes 105th unicorn in India Business News: The startup blockchain platform 5ire raises the funding of $100 million from the UK-based conglomerate SRAM & MRAM and becomes the 105th new unicorn in the country. The Indian Startup 5ire was founded by the Indian Origin entrepreneurs Pratik Gauri and Prateek Dwivedi along with … [Read more...] about Blockchain platform 5ire raises $100 mn, becomes 105th unicorn in India