Meta to Slash Metaverse Budget by Up to 30%
Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.
Category : Search result: airline losses
J&K Business Relief Stalls at 12% Despite Massive Losses
The financial rehabilitation for Jammu & Kashmir's disturbance-hit businesses moves at a snail's pace, covering only 12% of affected accounts. Read about the delays and economic impact.
PRTC Strikes Lead to Rs 14 Crore Loss in Punjab
Contractual employees of PRTC, Punbus, and roadways have struck work 15 times this year, causing massive revenue losses and disrupting bus services across Punjab. The core issue is the opposition to the kilometre scheme, seen as privatisation.
MicroStrategy's Bitcoin Bet Leads to 80% Losses for Leveraged ETFs
Retail investors in India who followed Michael Saylor's Bitcoin vision via MicroStrategy are facing steep losses as leveraged ETFs tied to the stock plummet over 80%. The crypto slump erases gains.
Kiyosaki Warns Biggest Market Crash Has Begun
Rich Dad Poor Dad author Robert Kiyosaki claims the biggest market crash has started due to AI-driven job losses. He recommends silver as the best investment option. Read his full analysis.
Amazon Workers Protest AI Climate & Job Impact
Over 1,000 Amazon employees sign open letter warning about AI's climate damage, job losses & ethical concerns. Read their demands to leadership.
Deepika's 82°E Slashes Prices Amid Major Financial Losses
Deepika Padukone's skincare brand 82°E reduces product prices after facing Rs 37 crore losses. The most expensive item now costs Rs 2900. Read the full analysis here.
Russia Reports Major Ukrainian Losses, Advances Continue
Russia's Defence Ministry claims Ukrainian forces suffered 1,460 casualties in 24 hours. Moscow reveals advancing toward Gulyaipole after securing Zatishye. Latest updates on the conflict.
Ukraine Peace Talks: What Will Putin Accept?
As Ukraine faces territorial losses and corruption scandals, analysts question what terms Putin might accept in peace talks. Read the latest developments.
UP Power Tariffs Unchanged for 6th Consecutive Year
UPERC maintains electricity rates for FY 2025-26, reduces green energy charges, and sets aggressive distribution loss targets. Consumers benefit from stable pricing.
Cebu Pacific Named Strongest ASEAN Airline Brand
Cebu Pacific emerges as strongest ASEAN airline brand in Brand Finance report, achieving highest brand strength index score. Discover how they outperformed regional competitors.
India Lost ₹22,845 Crore to Cyber Fraud: Experts Demand AI Defense
Cybersecurity experts in Guwahati advocate AI-driven defense as India faces 205.6% surge in cyber fraud losses. Learn how AI can protect digital future.
Aviation Losses May Widen to Rs 10,500 Crore: Report
India's domestic aviation industry faces widening losses up to Rs 10,500 crore this fiscal year due to slowing passenger growth and rising operational costs. Learn what's impacting airlines.
BSNL Q2 Loss Widens to ₹1,357 Crore Despite Revenue Rise
State-run BSNL's net loss widened to ₹1,357 crore in September quarter despite 6.6% revenue growth. Higher depreciation from ₹25,000 crore capex impacts profitability. Read full analysis.
Punjab farmers protest as paddy procurement halted early
Punjab farmers face distress sales as procurement stops despite crop losses. Government faces allegations of failing to check paddy inflow from neighboring states. SKM calls emergency meeting.
Karnataka HC Orders Qualified Appointments to State Firms
Karnataka High Court mandates qualified appointments to state-owned companies after Upalokayukta report reveals massive losses at MySugar. Read the full story.
Singapore Airlines Committed to Air India Transformation
Singapore Airlines reaffirms commitment to Air India investment despite accounting losses. CEO Goh Choon Phong calls it a long-term strategic partnership in India's aviation growth story.
Air India Losses Hit Singapore Airlines Profits
Singapore Airlines' net profit plunged 67.8% to S$239 million as Air India losses impacted earnings. The carrier maintains long-term strategy despite setbacks.
OpenAI's $12B quarterly loss reveals AI's ugly underside
While Nvidia, Microsoft, Amazon post record AI profits, OpenAI burns $12B quarterly. Discover how AI startups' losses fuel Big Tech's earnings surge. Read analysis.
Pak-Afghan Border Closure Causes Massive Economic Losses
Khyber Pakhtunkhwa traders demand immediate reopening of Pak-Afghan borders as prolonged closure causes billions in losses. Critical trade routes remain shut since 2020.
US Lost 103,000 Jobs by Late October: ADP Report
US labor market shows surprising weakness as private sector sheds 103,000 jobs through late October. What this means for the American economy and global implications.
Goldman Sachs CEO: AI Won't Create Replacement Jobs
David Solomon reveals stark reality about AI-driven layoffs at Goldman Sachs, challenging industry optimism about job creation in artificial intelligence era.
Ola Electric Q2: Losses Narrow to ₹418 Cr
Ola Electric shows mixed Q2 results with narrowed losses but significant revenue decline. Analysis of financial performance, market challenges, and future outlook for India's EV giant.
Trump Urges GOP to Eliminate Senate Filibuster
In a dramatic political move, Donald Trump urges Republicans to eliminate Senate filibuster after midterm losses. Discover how this could reshape American politics.
Trump on Election Losses: End Senate Filibuster Now
Former President Donald Trump reflects on Republican election setbacks in New York, Virginia, and New Jersey while accusing Democrats of shutdown tactics and pushing for Senate rule changes.
American Airline's Kenai Aviation Collapses, Halts All Flights
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
Air India Check-In System Crashes at Major Airports
Technical glitch paralyzes Air India's check-in operations across Delhi, Mumbai, and other key airports, causing massive passenger delays and frustration on Wednesday.
IndiGo's GIFT City Leasing to Cut Forex Losses & Expand Fleet
IndiGo CEO Pieter Elbers reveals revolutionary aircraft leasing plan through GIFT City to combat foreign exchange losses and accelerate fleet expansion while reducing dependency on foreign lessors.
Solara Pharma Q2 Loss: ₹10 Crore Amid Challenges
Solara Active Pharma Sciences faces challenging quarter with ₹10 crore net loss despite revenue growth. Discover the operational challenges and management's recovery strategy.
Trump Blames Education System for Republican Election Losses
Former President Donald Trump attributes Republican electoral defeats to liberal education systems and 'Mamdani NYC,' claiming they're creating generations of anti-Republican voters.
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