US Federal Reserve cuts rate: What does it mean for Indian stock markets? Explained
Most experts believe that a rate cut by the US Federal Reserve is a positive signal for the Indian markets. (AI image) The US Federal Reserve cut the benchmark rate by 25 basis points in the latest monetary policy review. A split US Federal Reserve announced its third successive interest rate cut of the year,…
TCS to buy AI advisory firm for $700 million
BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led advisory and business consulting capabilities to help clients reimagine sales, service, marketing, revenue, and commerce. With the acquisitions of ListEngage and now Coastal Cloud, TCS said…
IndiGo flight cancellations: India’s duty norms stricter than global standards, says IATA chief
India ’s recently introduced flight duty regulations for pilots are significantly stricter than those in many other countries, but operations are expected to stabilise over time, International Air Transport Association (IATA) Chief Willie Walsh said.His remarks follow a week of major disruptions at IndiGo, India’s largest airline, which saw hundreds of flights cancelled and thousands…
