Mounting losses, cost pressures: What may have led to Air India CEO Campbell Wilson’s exit

Campbell Wilson has resigned as Chief Executive Officer and Managing Director of Air India amid mounting financial pressures and a slower-than-expected turnaround of the Tata Group-owned carrier, Air India announced on Tuesday.The carrier, in a statement, said, “Mr Wilson had conveyed his intention to step down in 2026 to Air India Chairman N Chandrasekaran and,…

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Saudi Arabia’s Al-Jubail oil facility hit; key industrial hub accounting for 7% of GDP impacted

Screenshot from video shared by Tehran Times Saudi Arabia said on Tuesday it intercepted and destroyed seven ballistic missiles launched toward the Kingdom’s Eastern Region, adding that assessments were under way to determine any damage.However, the missiles and drones — suspected to have been launched by Iran — triggered a major fire in Jubail Industrial…

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‘Bragging about capabilities they don’t have’: Ex-Pentagon official ridicules Pakistan’s Iran war mediation push

A former Pentagon official has mocked Pakistan’s military credibility amid rising tensions around the Iran conflict, dismissing suggestions that Islamabad could play any meaningful role in potential US operations. Michael Rubin said Pakistan was prone to exaggerating its capabilities, describing it as “10 out of 10 in fantasy” when it comes to projecting military strength.Speaking…

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Supreme Court: No personal oral hearing needed before labelling bank accounts as fraud: SC | India News

The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions…

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‘Tuesday at 2pm’: Iran plans human chains at power plants as Trump’s strike deadline looms

An Iranian government official has called on citizens—particularly young people—to gather around the country’s power plants at a fixed hour on Tuesday.In a video broadcast on state television, Alireza Rahimi, introduced as secretary of Iran’s Supreme Council of Youth and Adolescents, urged “young people, athletes, artists, students and university professors” to assemble at 2 p.m….

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Less than a week after thousands of layoffs, Oracle hires new CFO; appointment is ‘effective immediately’ as the company faces …

It’s been less than a week since Oracle announced thousands of layoffs across its offices worldwide. Oracle layoffs were notified to fired employees in an email at 6 a.m. on March 31. The email sent to thousands of employees informed them that Tuesday (March 31) would be their last day. “After careful consideration of Oracle’s…

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Army gets delivery of ‘hundreds of kamikaze drones’ from Gujarat firm under emergency purchase

NEW DELHI: A Gujarat-based deep-tech drone company has delivered “hundreds of kamikaze (suicide or self-destruct) drones” to Indian Army as part of a Rs 10 crore contract with the defence ministry.The contract with Surat-based InsideFPV was signed last Dec, and the consignment of drones was sent to the Army within a two-month timeframe via emergency…

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