Cost reduction Archives - BW Retail World

Tanishq Expands Jewellery Business With Oracle Cloud Infrastructure

by BW Retail World Bureau
July 18, 2023

Tanishq, a jewellery brand, migrates its inventory management system to Oracle Cloud Infrastructure (OCI), including Oracle Database, Oracle Application Express (APEX), Oracle Web Application Firewall, and OCI Flexible Load Balancing. With real-time visibility into inventory levels and order fulfilment, Tanishq is able to meet the influx of customer demand and reduce its technology support costs […]

Tata-owned Air India Incurs Losses of Rs 7,000 Cr In FY23

Tata-owned Air India incurred losses amounting to around Rs 7,000 crore in FY23 due to impairments related to faulty aircraft and engines, as well as the low-cost airline AirAsia India. However, executives noted that the losses have decreased, and the carrier achieved positive EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs) […]