Gamma's acquisition of Lica enhances its design capabilities. The co-founders of Lica will join Gamma's research team, driving innovation in design technology. This strategic move aims to leverage Lica's expertise in design to strengthen Gamma's market position and foster creative solutions.
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"A smart move that could spark some exciting design innovations!"
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Air India is seeking $1.5 billion in equity from Tata Sons and Singapore Airlines to combat significant financial losses. The airline reported a staggering $2.33 billion deficit last fiscal year, prompting this urgent funding request. This move highlights the ongoing challenges faced by Air India in stabilizing its operations and improving financial health.
Hyderabad Airport will now charge a User Development Fee (UDF) for arriving domestic and international passengers. This change, implemented by the tariff regulator, aims to better recover infrastructure costs by splitting charges between arriving and departing travelers. The new fee structure is expected to impact passenger experience and airport revenue.
A parliamentary panel recently visited CSIR-CFTRI in Mysuru to review innovative millet technologies. This initiative aims to enhance millet production and promote sustainable agriculture. The panel's focus on millet aligns with global trends towards healthier food options and food security. Stakeholders are optimistic about the potential impact on local farmers and the agricultural sector.