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Operating conditions in India are set to improve from the previous year, even as the industry transitions beyond the peak of its record 5G rollout cycle, Börje Ekholm tells Moneycontrol
The estimated hit includes major cost items such as ticket refunds, regulator-mandated passenger compensation and goodwill gestures announced by the airline apart from other smaller but significant expenses
Their participation reflects India’s strong corporate presence at Davos amid a broader gathering that includes over 3,000 delegates from more than 130 countries
The verdict could result in billions of dollars in tax demands, affecting not only foreign portfolio investors and private equity funds but also large overseas companies with investments in India.
The judgment weakens the protection offered by Tax Residency Certificates, tightens the use of grandfathering, and forces foreign investors to rethink exit structures and tax risk
Currently, fast-track demergers are not covered under exempt transactions under tax rules, leading to a tax incidence in the range of 12.5% to 36%.
The low-interest financing schemes comes as rival smartphone brands raise prices across segments, pressured by elevated component costs and a weakening rupee
Though JSW has been in talks with a bunch of international automotive companies for a tie-up, a deal is in the final lap and could be inked in the coming weeks
The jewellery segment has been a clear out-performer in the consumer discretionary segment over the past few quarters, and we expect the industry to sustain a healthy growth momentum
The trend challenges the widely held belief that the GST reduction—from 28% to 18% —would only accelerate premiumisation in the Indian auto market
It appears that a stable taxation regime is over for the cigarette industry
The fresh approvals add scale to the scheme after strong industry response, taking ECMS deeper into components, sub-assemblies and upstream materials
The union has sought a guaranteed minimum monthly earning of Rs 40,000, abolition of peak hours, slot systems and weekend hour limits, and compensation for workers in cases of customer-initiated cancellations.
The recalls were issued to address a range of potential defects, some of which could have posed serious safety risks if left unaddressed
For the local industry to perform, new AI-led services must offset the deflationary impact of AI on the existing revenue stream
Industry experts say the robust launch calendar underscores confidence in sustained demand, driven by improving economic sentiment, rising disposable incomes
The crucial question is how quickly can the AI service revenues meaningfully pick up?
The intense bidding war for marquee film songs was the reason behind Saregama starting its video business.
KKR-affiliate Redpoint Investments Pte Ltd will sell its stake in Avendus to Japanese group’s arm Mizuho Securities
The vouchers will be in addition to refunds and the government-mandated compensation that the airline had to pay the customers for cancellations
The Select Committee on the IBC Amendment Bill is expected to present its report in Parliament, with suggestions on the draft of the bill towards the end of winter session
Based on data for actual average number of flights a day, the real impact of the cutback is just 2.35% or around 5,600 flights
Pieter Elbers asserted that 'IndiGo is back on its feet,' with efforts to restore the network progressing on a 'war footing'
The Ministry of Civil Aviation has formed a four-member committee to probe aspects on IndiGo’s crew planning, operational readiness and compliance with the new FDTL norms
IndiGo said its network coverage has now been fully restored, and all cancellations for Tuesday were executed a day in advance to ensure that customers received timely notifications
