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Boeing 737 MAX expected to be grounded again

According to Reuters, Boeing will seemingly only have until December to prove the airworthiness of the 737 MAX 7 and MAX 10 to the Federal Aviation Administration (FAA). Senator Roger Wicker (R-MS) proposed extending Boeing’s deadline until September 2024 by attaching an amendment to the U.S. Senate’s annual defense bill. However, the latest version of the bill allegedly doesn’t include the crucial amendment.

The Boeing 737 MAX was initially grounded after serious design flaws led to two crashes that killed 346 people. Since then, 737 MAX airliners have been allowed to re-enter service by the FAA conditionally. The country’s civil aviation regulation agency required Boeing to make several significant changes to the 737 MAX before it could be properly recertified.

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TCS variable pay: 70% of employees to receive in Q2, remaining 30% to be paid on their business unit performance

In a cheer for its employees, India’s largest IT company Tata Consultancy Services on Monday announced that 70 per cent of the staff will receive 100 per cent variable pay. Bringing festive celebration tad early for the employees, TCS further shared that the remaining 30 per cent will get paid based on their business unit performance.

"We are going to pay 100 per cent variable pay for 70 per cent of employees… the remaining 30 per cent will get paid based on their business unit performance. This is for Q2 (July-September)," said Milind Lakkad, chief human resource officer at TCS during the analyst conference call after announcing the company’s financials for the quarter ended September 30.

91

Airtel 5G plus now available in India: List of phones that will support Airtel 5G Plus

Airtel has earlier made headlines for launching 5G services in the sixth edition of the Indian Mobile Congress event held at Pragati Maidan from 1st to 5th October. While the other telecom operators said it will take some time to launch the services, Airtel on the same day launched 5G services in eight cities which are Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur, and Varanasi.

With the launch of the next-generation network, Airtel shocked its users by keeping the tariff prices the same as its 4G packs as of now. However, you will need a 5 G-enabled phone and for that matter, Airtel has released a list of 5G smartphones that will support the Airtel 5G network.

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Airtel users in these 8 cities can start using 5G from today at no extra charge

The 5G rage has begun and going a step ahead with this rage today is Airtel. The telecom giant today launched Airtel 5G Plus in 8 key Indian cities. Starting today, customers in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi will start getting the Airtel 5G Plus services in a phased manner as the company continues to construct its network and complete the roll out.

The company informed that customers who have 5G smart phones will enjoy the high-speed Airtel 5G Plus on their existing data plans until the roll out is more widespread. There will be no extra cost involved as the existing Airtel 4G SIM is 5G enabled. However, you will need a 5G-enabled smartphone to avail the 5G service.

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OPEC and its allies to cut oil output by 2 million barrels per day from November

The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, has announced a major production cut of 2 million barrels per day (bpd) starting from November to bolster oil prices that have recently tumbled over recession fears.

The oil alliance decided to cut its overall output by 2 million bpd from its August production targets, according to a statement released after the 33rd OPEC and non-OPEC Ministerial Meeting.

The reduction equals around 2 per cent of this year's global oil demand, which is estimated by OPEC at around 100 million bpd, Xinhua news agency reported.