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InterGlobe Aviation, which operates the country’s largest domestic airline IndiGo, reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year, against a net profit of Rs 496 crore in the year-ago period. This is the fourth consecutive quarterly loss for the airline. In the June and Septem­ber quarter, it had incurred a net loss of Rs 2,884 crore and Rs 1,194 crore, respectively. While revenue from operations improved sequentially to Rs 4,910 crore it was still 50 per cent lower on year-on-year (YoY) basis. The airline was able to control its cost...

Boris Johnson has told the fishing industry Brexit will deliver an "El Dorado" of riches, despite firms reporting multimillion-pound losses.

Updated: Wed 6th Jan “Please help us to help you” asks NHS Wales Chief Exec who warns health service could be ‘overwhelmed’ in coming weeks This article is old - Published: Wednesday, Jan 6th, 2021 The number of coronavirus patients being treated in hospitals across Wales is at its “highest on record’, the chief executive of NHS Wales has said. Almost 2800 covid-19 related patients are currently in hospital – a 4% increase on the previous week. 140 patients with the virus are receiving treatment in critical care units. Speaking at a Welsh Government press briefing today Chief E...

15 incredible Londoners in the New Year’s Honours List In a list that was largely dominated by health staff and civil servants this year, Christopher Woolard, who served as interim Chief Exec of the FCA in 2020, became a Commander of the British Empire, while Kate Nicholls, a vocal advocate for the hospitality industry throughout this terrible year for bars, pubs and restaurants, received an OBE. But away from the world of business, hundreds of local heroes were recognised for their hard work and dedication. City A.M. zoomed in on 15 remarkable Londoners who were honoured ...

The Chief Executive at Volkswagen weighs in Tech Industry leaders like Apple, Google and others moving into the Auto Industry   In May 2018 Patently Apple posted a report titled "Apple's Autonomous Shuttle Service will use Volkswagen Vans." The report noted that Apple had signed a deal with Volkswagen to turn some of the carmaker's new T6 Transporter vans into Apple's self-driving shuttles for employees. The vans would have a lush interior reminiscent of a lounge or living room, where passengers face each other instead of the road. Since that time, little has been heard about the autonomous ...