Virgin Atlantic Partners with TCS to Transform Airline Operations with AI and Cloud Technologies, ET TravelWorld
International
2 min read
Virgin Atlantic renews TCS partnership to boost AI-led airline operations
Virgin Atlantic has extended its two-decade partnership with Tata Consultancy Services for another seven years. The collaboration will modernise the airline's core technology systems with AI-driven tools, improve operational resilience, and enable personalised customer experiences. TCS will implement a unified technology platform and launch a Technology Command Centre to streamline airline operations and support real-time decision-making.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
31 minutes ago
- Hindustan Times
India's flagship EV policy may struggle without major players like Tesla and BYD
The Indian government unveiled an EV incentive program last year which offers to slash duties on imported EVs to 15 per cent if the manufacturer sets up a local plant within three years. (AFP) Notify me India is rolling out a new flagship electric vehicle policy that aims to lure global automakers into making cars locally. It knows Tesla Inc. may still not bite. The Narendra Modi-led government will soon start accepting applications under the EV incentive program that was unveiled in March last year, HD Kumaraswamy, India's heavy industries and steel minister told reporters in New Delhi on Monday. Bloomberg News reported on this earlier in the day. The policy offers to slash duty to 15% on any imported electric car priced from $35,000 if the maker invests at least 41.5 billion rupees, or about $500 million, to set up a local plant within three years. Up to 8,000 cars yearly can be imported at this reduced rate. But Tesla is unlikely to participate as it isn't keen on manufacturing locally and instead wants dealerships and showrooms to sell imported cars, Kumaraswamy said, without elaborating. Tesla has long wanted to enter India, but disagreements over import duties and local manufacturing commitments have stalled progress. BYD Co. is a no-go for the South Asian nation, showing New Delhi's lingering angst with China. India's commerce minister said in an April interview that the country needs to be 'cautious" about who it allows to invest. VinFast Auto Ltd. is already building a factory in India, even before the new policy kicked in. Non-Starter 'The EV policy could be a non starter," said Jay Kale, sector analyst at local brokerage Elara Securities India Pvt., explaining that there was little benefit in terms of 'pure-play" EV makers without Tesla, BYD and VinFast in the fray. Also Read : Nissan India plans four new models including C-SUV, Triber-based MPV and mass-market EV Some global legacy automakers could benefit by setting up EV-only plants in India and importing electric cars initially under this policy, according to Kale. 'However, how these models pan out in India have to be seen as most of these carmakers haven't been successful in their home markets in EVs," he said. While the government is keen to boost manufacturing in the world's third-largest car market where demand for EVs is still rising, it faces stiff resistance from domestic heavyweights including Tata Motors Ltd. and Mahindra & Mahindra Ltd., which have long been protected by a wall of high tariffs. Stringent Conditions 'The policy will likely draw limited interest from foreign automakers as the investment and revenue requirements are too stringent," said Komal Kareer analyst at BloombergNEF in New Delhi. It mandates a minimum revenue of 50 billion rupees ($586 million) in the fourth year and 75 billion rupees a year later for any applicant approved under this policy. Those falling short will face a penalty of up to 3% on the revenue gap. 'Most automakers either do not have an eligible model that they can import for the customs' duty exemption or they will not be able to meet the revenue requirements," Kareer said. Applications may open as early as this month and extend till March 15 next year, according to people familiar with the discussions who did not want to be named. Check out Upcoming EV Cars in India. First Published Date: 05 Jun 2025, 08:59 AM IST
India Gazette
an hour ago
- India Gazette
'UP should not get less than 20 per cent in central taxes,' UP Finance Minister on meeting with members of 16th Finance Commission
Lucknow (Uttar Pradesh) [India], June 5 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday held a meeting with members of the 16th Finance Commission in Lucknow. While speaking with ANI, the state's Finance Minister, Suresh Khanna, said that CM Yogi laid out several demands in front of the Finance Commission. This also included a demand to increase the state's share in central taxes. Khanna said, '...Some demands were made by the Chief Minister for the state today. Instead of the 41 per cent share we received so far, we should get 50 per cent. At the same time, Uttar Pradesh should not get less than 20 per cent in central taxes. This is our demand.' Also, the state's Deputy CM, Keshav Prasad Maurya, informed that Uttar Pradesh's last 8 years' achievements were also highlighted at the meeting. 'At the 16th Finance Commission meeting, the Uttar Pradesh government presented the achievements of 8 years. Based on the successes, it seemed clear that the Finance Commission was satisfied with our progress, and Uttar Pradesh will get a good recommendation and will take a long leap forward successfully...,' the deputy CM remarked. Meanwhile, Deputy CM Brajesh Pathak said that demands concerning the state were put forth in the meeting. 'Today, the Uttar Pradesh government has given its full presentation before the 16th Finance Commission. We have put forward our problems and demands department-wise for the development of Uttar Pradesh,' Pathak said, adding, 'I am very happy that the 16th Finance Commission, under the leadership of Arvind Panagariya, will extend its blessings to Uttar Pradesh...' Earlier, Uttar Pradesh CM Yogi Adityanath addressed a state-level workshop in Lucknow, commemorating 11 years of the Modi government. He highlighted India's significant global standing under Prime Minister Modi's leadership and emphasised the importance of planning programs at various levels to build on the achievements of the past 11 years. 'It is our good fortune that under the leadership of PM Modi, India has attained a significant global standing,' CM Yogi remarked. Speaking at a state-level workshop organised in Lucknow, the chief minister added that several programs will also be conducted based on the achievements of the Modi-led government throughout the 11 years. 'As we enter the era of 'Viksit Bharat,' we mark 11 years of service, good governance, and welfare for the poor. Based on the achievements of these 11 years, we will plan programs at the state, district, board, and power centre levels,' CM Yogi added. (ANI)
Hindustan Times
an hour ago
- Hindustan Times
World's youngest self-made female billionaire is a 30-year-old college dropout, beat Taylor Swift, Selena Gomez, Rihanna
For years, pop icon Taylor Swift has been the world's youngest self-made female billionaire. She reached the billionaire mark in 2023 at the age of 33and has held the record since then. But now, she has been unseated, and not by someone from the entertainment world. The new record-holder is a 30-year-old college dropout known as much for her self-confessed workaholism as for her hard-partying lifestyle. (Also read: World's richest influencer is a billionaire; donates all earnings, still richer than Tom Cruise, Johnny Depp, Shah Rukh) AI founder Lucy Guo has become the world's youngest self-made female billionaire at the age of 30. Forbes' list of America's Richest Self-Made Women, released on Wednesday, puts Lucy with a net worth of $1.3 billion. This happened after ScaleAI, the firm she co-founded with Alexandr Wang at the age of 21, has been valued at $25 billion in a new deal. According to the New York Post, Lucy is the daughter of Chinese immigrants and was raised in the San Francisco Bay Area, where she quickly picked up coding in middle school. She dropped out of Carnegie Mellon University as she clinched a $100,000 entrepreneurial scholarship bankrolled by billionaire investor Peter Thiel. She was fired from ScaleAI after disagreements with her co-founder, but has kept her 5% stake in the company, which has now made her a billionaire. Taylor Swift is one of the youngest female billionaires in the world. According to Forbes, the 35-year-old has a net worth of $1.6 billion as of June 2025. Barbadian musician Rihanna, 37, is also a billionaire with a net worth of $1 billion. Selena Gomez was reported to be a billionaire in September 2024. This would have made her the youngest self-made female billionaire at 32. But Forbes later revised her net worth to $700 million. Earlier, Forbes had called Kylie Jenner the youngest self-made billionaire when she reported breached the $1-billion mark in 2020 at the age of 2020. But like Selena, her billionaire status was revoked, too, given the financial irregularities with her businesses. Kylie has a reported net worth of $700 million now.
