Search Results

< Back Boeing delivery snag delays Akasa and Air India’s expansion plans 7 Nov 2025 Akasa had planned to cross the 40 mark this year, but remains stuck at 30. Delays in seat certification by the US FAA are impacting the expansion plans of Akasa and Air India. Akasa uses Safran seats while Air India deploys Adient. FAA became cautious after the Boeing MAX crashes this year and the following scrutiny. Akasa overhired in the past two years, and now has 750 pilots, over half of whom are unable to fly due to the absence of aircraft. Its CEO mentioned all their pilots will begin flying in the next two months, Reuters reported. IndiGo sidestepped these delays by using Recaro seats and Airbus aircraft. Indian aviation regulations do not mandate the Head Injury Criterion (HIC), unlike the FAA and EASA (Europe). Akasa still hopes to have 40 aircraft in its fleet by March 2026 and around 54 by March 2027. It plans to go public through an IPO in the next 2-5 years and restart hiring pilots in 2026. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes novel. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Jio launches open AI telecom platform 5 Mar 2025 Jio collaborated with Nokia, Cisco, and AMD to create the platform. During the Mobile World Congress 2025 in Barcelon Jio Platforms launched an Open Telecom AI Platform. This platform will have Jio as the first customer and serve global telecom operators. Its enhanced network efficiency, operational capabilities, and security features will facilitate collaborations and enable telecom providers to improve revenue streams. Jio’s platform integrates AI and network automation, employing the advanced Radio Access Net (RAN), routing, security, and AI data centres. It’s a multi-domain intelligence framework that aims to optimise performance and streamline operations. It’s a multimodal orchestrated workflow model that leverages open APIs and supports large and small language models for flexible applications. Cisco’s AI Defense and Agile Services, Ericsson’s AI-Powered Network Solutions, Qualcomm’s Snapdragon X Platform, and Nokia’s AI-Driven Network Optimization are open AI platforms to enhance network capabilities. Jio Platforms offers telecom, digital payments, broadband, ecommerce, entertainment, IoT and Blockchain solutions, AI and ML platforms, and cloud services. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Mamaearth goes global, to launch IPO soon Ishita Nigam 18 Oct 2023 The personal care brand received SEBI nod for IPO. It also plans to expand to Thailand, Vietnam, Malaysia, and Bangladesh. Big plans in the offing for personal care brand Mamaearth that plans to expand to more international markets in Thailand, Vietnam, Malaysia, and Bangladesh through channel partners. It is already present in the UAE, Singapore, Mauritius, Maldives, and Nepal through ecommerce marketplaces, modern trade, and own website. It's presence in the UAE helps cater to the markets in West Asia and North Africa. Its parent company, Honasa consumer also owns The Derma Co, that crossed ₹350 crores in annual revenue in the quarter ending June 2023. Mamaearth also received SEBI nod to launch its IPO. It is doing roadshows and meeting investors to weigh interest in its public offering. It was last valued at $1.2 billion after raising $52 million in January 2022. It now plans to issue fresh shares worth ₹400 crores and an Offer For Sale component for 46.82 million shares. Previous Next

< Back Vietnamese automaker VinFast to set up manufacturing in India Ishita Nigam 28 Sept 2023 Deemed as Tesla’s rival, VinFast is the 17th most valuable car maker in the world with a valuation of $25.7 billion. Vietnamese automaker VinFast has shortlisted Tamil Nadu and Gujarat to set up its manufacturing unit in India. VinFast will be the first Vietnamese automaker in the country if its plans go through. It is the Electronic Vehicles arm of Vietnam’s largest corporation, Vingroup. It set up its first facility in North Carolina, the US, in July this year. VinFast is expected to offer affordable and value for money EVs with its facility in India. Last month, the carmaker’s valuation shot up 700% to $191 billion after enlisting on Nasdaq, making it the third largest car maker in the world by market capitalization after Tesla and Toyota. But soon, stock volatility saw its valuation crash by $140 billion this month to land at $25.7 billion. Despite selling just 7,400 cars in 2022, and all in Vietnam, Vinfast expects to sell up to 50,000 units this year globally. Previous Next

< Back Susan Wojcicki, ex-CEO of YouTube, dies after a two-year battle with cancer 12 Aug 2024 She was YouTube's CEO from 2014 to 2023 before resigning in February 2023 for family and health reasons. Born in Santa Clara, California, which is now Silicon Valley, Susan studied history at Harvard and worked as a photojournalist in India. She then returned to California to pursue advanced degrees in Economics before joining Intel Corp in a marketing role. Susan gave Larry Page and Sergey Brin space in her garage, which became Google’s first office in 1998. She became one of the first 16 employees to join Google in 1999. She was the first marketing employee of Google and held charge when the company branched out to Google Video in 2005 and bought YouTube for $1.65 billion in 2006. She was among the pioneers behind digital advertising and nurtured Google’s advertising prowess. She is survived by her husband, Dennis Troper, a Director at Google, and four children. Her 19-year-old son Marco Troper died of an accidental drug overdose in February this year at UC Berkeley. Previous Next

< Back India to procure ₹10,200 crore ammunition to make Pinaka rockets 30 Jan 2025 The Cabinet Committee on Security (CCS) approved the largest ammunition contract for India to date to procure the ammunition. The Indian government is ready to procure ammunition worth ₹10,200 crore for the Army’s Pinaka multi-barrel rocket launcher systems. Two contracts will be signed to procure highly explosive pre-fragment ammunition (worth ₹5,700 crore) and Area Denial Munitions (worth ₹4,500 crore) developed by the Defence Research and Development Organisation (DRDO) and the Armament Research and Development Establishment (ARDE). The Pinaka system was designed to offer the Army a powerful, multi-barrel rocket launcher capable of quick and accurate heavy firepower. Due to its success rate, the Army already deploys ten of these rockets and is likely to use more. The original version had a firing range of 37.5 kilometres, but the improved Extended Range Pinaka can fire up to 75 kilometres. DRDO transferred the technology to Economic Explosives Limited (EEL) and Munitions India Limited (MIL) to make the ammunition for the rockets. The contracts will be signed by March 31st. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next

< Back Pax numbers drop as airlines add more flights 9 Oct 2025 In July-August 2025, passenger numbers decreased by 2% compared to the same period last year, from 26.1 million to 25.6 million. During the festive season, Indians are choosing iPhones and cars over travel. The Trump Administration’s new visa rules have impacted the travel of Indian tech employees. Due to fear, many Indians who travel back home for Diwali never took the flight this year. US tariffs are impacting small businesses that contribute to air travel, ET reported. Besides, US, Canadian, and European visas are challenging to obtain, which leaves only South Asia as an option for Indians. Countries with easy and on-arrival visas are experiencing full flights. Following the DGCA directive to add capacity and prevent rate hikes, Air India, IndiGo, and SpiceJet added more than 1,700 flights. This year, however, flights aren’t sold out; hotels are. Air India Express rolled out a festive offer allowing Indian expats travelling across the Gulf to carry an extra 10 kg of baggage for just one dirham (Dh1). The offer is valid for bookings made until October 31 st . Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes novel. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back UAE to build world’s biggest AI campus outside of the US 19 May 2025 As a part of the US-UAE agreement signed during President Trump’s visit, the UAE will build the largest AI campus in the world. Government-backed firm G42 will build an AI campus in Abu Dhabi, with support from several American companies, like OpenAI. The campus will span 10 square miles with a 5-gigawatt power capacity that can support up to 2.5 million Nvidia B200 chips. The agreement will allow the UAE to import 500,000 of Nvidia’s most advanced chips, which will be used to power the AI campus. The agreement opens the doors for Microsoft and Oracle to establish data centres in the UAE. G42 had several investments in Chinese companies, including ByteDance (the parent company of TikTok) and Huawei. After the US expressed concerns, G42 divested from all. A 100% subsidiary of Kaynes Technology India, Kaynes Semicon has opened its chip design centre in Oman, in collaboration with and fully funded by the Omani government. It’s a very large-scale integration (VLSI) design centre that will work on front-end and back-end chip design processes. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Indian fintech players applying for int'l payment licenses 27 Mar 2024 Razorpay, Cashfree and new fintech providers like Skydo and PayGlocal among those applying for RBI's Payment Aggregator-Cross Border (PACB) license. In 2023, Indian fintech startups processed $10 billion worth of transactions of the $250 billion goods and services exports registered by small and medium sized businesses. These financial services providers were earlier given an online payment gateway service provider license, identifying them as technology providers to Indian banks. Indian fintechs expect a margin of 2.5-4% per international card transaction compared to 1% domestically. Average ticket size for B2B global transactions is estimated to be $5,000. The Reserve Bank of India (RBI) introduced the PA-CB license in October 2023 to regulate emerging international payments businesses. Razorpay recently shifted its base from Singapore to India. It is now building an international payments gateway and will then graduate to large ticket vendor payments for account based transactions. Cashfree will initially focus on B2C payments only. Pay Glocal will facilitate B2B transactions for software and services businesses and existing goods exporters. Source: ET Prime Previous Next

Connect with the creator of Salestors via email or social media handles. Contact Me Here First Name Last Name Email Subject Message Submit Thanks for submitting! Available Here Too salestors@gmail.com Looking forward to hearing from you.

< Back US Department of Justice sues Apple for monopolising market 22 Mar 2024 The Department of Justice (DOJ) and 15 states sued the phone maker for creating a monopoly in the US smartphone market. The DOJ accused Apple of charging heavily, making more profit than any other smartphone maker, raising prices, and hurting smaller businesses. It levies fees on business partners like software developers and credit card companies in a masked manner to hike its own profits. With this antitrust lawsuit, Apple joined the tech giants, like Google, Meta, and Amazon, who faced similar battles. Apple charges its users a premium for technology products and controls how they work with its devices. It has also been charged with blocking or controlling competing technologies, like super apps, messaging apps, digital wallets, smartwatches, and some cloud-streaming gaming apps. The DOJ aims to force the company to give users more freedom in choosing how apps work with Apple devices. The recently introduced Digital Markets Act in Europe deeply affected the Apple App Store. The Act forces Apple to allow access to third-party app stores on its devices. Previous Next

< Back Pakistan losing above $760k daily due to airspace closure 28 Apr 2025 In 2019, Pakistan closed its airspace for Indian carriers after the Pulwama attack, which cost it USD 760,000 daily. Airlines pay an overflight fee to countries for using their airspace. A Boeing 737 crossing Pakistani airspace pays USD 580 in overflight fees; larger aircraft pay more. Today, around 350 international flights cross its airspace daily. Overflight charges comprise around 20% of their annual civil aviation revenue. After the Pulwama attack, closing its airspace cost the Pakistani Civil Aviation Authority and Pakistan International Airlines around USD100 million in a few months. This included USD232,000 lost in daily overflight revenue. Its total aviation revenue is expected to be over USD6 billion by 2029, compared to India’s estimated USD30 billion aviation revenue in 2025. 60% of the annual revenue comes from the east-to-west air corridor spanning 10,000 km, which connects Asia with the Middle East and Europe. Closing the airspace is causing Pakistan heavy daily losses and operational delays, as well as longer flights and raised prices for Indian carriers. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next