Business
Maharaja set for take-off: Tatas get control of Air India, after 7 decades
Tata Group on Thursday regained ownership of Air India, 69 years after it was nationalized. The salt-to-software conglomerate has pledged to turn the money-losing airline into a world-class airline.
The handover is the result of the government’s attempt to transfer ownership of the loss-making airline to a private owner. The airline has not been profitable since its merger with Air India in 2007-08 and reported a loss of Rs 7,017 crore in FY21.
The acquisition gives Tatas a 100% stake in Air India, its low-cost subsidiary Air India Express, and a 50% stake in ground handling company AISATS.
Post-acquisition, Tata Group chairman N Chandrasekaran said the company’s operations will change. “My first flight was on Air India in December 1986 and I will never forget the special feeling of being on board, or the excitement when we took to the skies. It’s a good memory, but now it’s looking forward The time has come for the future. I am writing this letter on behalf of the Tata Group to welcome you into our family. I have learned that preserving the best of the past requires constant change. It is by developing, adapting and embracing the future that We can best honour the glorious history,” Chandrasekharan said in his first message to Air India employees.
Complete News Source : Business Standard
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Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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