BUSINESS

Wipro is making significant investment in digital, cloud, engineering services and cyber security as the company aims to outshine its previous performance, its founder and outgoing chairman Azim Premji said on Tuesday. Premji will pass the baton over to his son Rishad in July-end after leading the charge at the company for over five decades. He will continue to serve on the board of Wipro as non-executive director and founder chairman.



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No change has been made in income-tax return (ITR) forms, only the utility software has been updated, the CBDT said on Tuesday. The policy-making body of the Income Tax department issued a statement saying the updating process of these forms’ utility software does not hamper the filing of returns, the deadline for which is July 31.



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Dubai Airports, the world’s busiest international airport, and Etihad Energy Services Company (Etihad ESCO), a leading energy service company and a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa), have announced the successful installation of a solar energy system comprising 15,000 photovoltaic panels at Dubai International’s Terminal 2 – the largest at any airport in the region…



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French politician Christine Lagarde on Tuesday said she will resign as the managing director of the International Monetary Fund with effect from September 12 . Her resignation has been accepted by the IMF Executive Board with effect from the same date. The 63-year-old former French Cabinet minister has been head of the IMF since 2011.



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According to Al Masry Al Youm, government sources have denied rumors regarding the establishment of a “Ministry of Happiness” in Egypt…



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The two pilots operating a SpiceJet flight which skidded on landing at Kolkata runway earlier this month have been grounded for six months. The Directorate General of Civil Aviation (DGCA) on Tuesday issued the order after its probe found alleged lapses by the crew. The incident had happened on July 2 when they were operating a Boeing 737 (VT-SYI) as SG 275 from Pune to Kolkata.



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Last week showed both typical forces on the oil price at work. The bullish forces were geopolitics and the weather: When a British Royal Navy frigate thwarted an attempt by Iranian gunboats to block BP’s tanker British Heritage from passing through the Strait of Hormuz, the price for Brent shot up to a high of $67…



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A day after the licence of pilot involved in Air India’s “tiffin fight” was suspended for six months, the Directorate General of Civil Aviation (DGCA) has now grounded the flight purser also with whom the pilot had fought. This fight had happened on June 17, 2019, when the pilot was having meal in the cockpit of an Airbus A319 before operating flight AI 772 from Bengaluru to Kolkata.



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In a bid to make navigation faster, easier and website more personalised, micro-blogging site Twitter is rolling out an updated desktop version…



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Aviation regulator DGCA Tuesday suspended flying licences of two SpiceJet pilots for six months after an aircraft operated by them damaged runway edge lights during landing at Kolkata airport, a senior official said. The incident happened on July 2 when the plane was operating Pune-Kolkata flight.



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