India hopes to leverage its tariff concessions to the European Union (EU) to press for mutual recognition of aircraft maintenance certification, an official familiar with the plan said. The aviation ministry will nudge the European Union Aviation Safety Agency (EASA) to accept certifications issued by the Directorate General of Civil Aviation (DGCA), especially for Indian…
Despite the success of big-ticket films, the broader theatrical market continues to see uneven audience turnout, with only a handful of titles drawing significant footfalls. As a result, some studios are trying to avoid box office clashes, while others are stepping up investments in post-production and visual effects to attract increasingly selective cinema audiences. While…
Real Estate Investment Trusts (REITs) are designed for investors seeking exposure to real estate without the complexities of owning physical property. For risk-averse investors, real estate should ideally form only 5–10% of the overall portfolio, and REITs offer a convenient way to gain that exposure without buying a house or a commercial asset outright. REITs…
Surging demand for artificial intelligence (AI)-ready infrastructure is sharply raising capital needs, pushing operators to seek larger pools of capital for growth. Rapid adoption of data-heavy platforms and policy thrusts such as the government’s Digital India mission are also prompting several major players to tap public markets. Last week, Sify Infinit Spaces Ltd became the…
The latest move, if it takes effect, will hurt India’s largest carmaker Maruti Suzuki India Ltd, and Hyundai Motor India Ltd—For Maruti, South Africa is the largest export market, while for Hyundai, it is among the top five. Maruti shares fell 2.39% on the BSE on Wednesday and Hyundai shares fell 0.61%, while the benchmark…
HT Media Ltd, the publisher of Mint and Hindustan Times newspapers, on Wednesday reported widening of its consolidated net loss to ₹23.70 crore for the December quarter on account of provisions related to the implementation of the new labour codes. It had incurred a loss of ₹3.24 crore for October-December of the previous fiscal year….
Real estate firm Lodha Developers Ltd reported a 14.4% year-on-year rise in revenue from operations to ₹4,672.5 crore and a 1.36% increase in net profit to ₹957.7 crore in the December quarter, the Mumbai-based company said in a regulatory filing on Wednesday. In real estate, revenue recognition happens when project construction milestones are met. Lodha…
India’s Real Estate Investment Trust (REIT) market capitalisation is projected to rise from $18 billion in 2025 to $25 billion by 2030, supported by a sharp expansion in investable assets. REIT-able office stock alone is expected to double from ₹8.2 trillion in 2025 to ₹16 trillion by 2030, while retail and alternative asset classes are…
Lured by a wide audience base and the possibility of fresh stories, several stakeholders in Bollywood—be it producers, studios, multiplex chains and even actor Ajay Devgn—are betting big on deals in the south. Panorama Studios, the distributor of Malayalam thriller Drishyam 3 to be released in April, has signed a multi-film deal with Malayalam star…
What has emerged from the SC judgement in the Tiger Global case is that a tax residency certificate (TRC) is by itself no longer conclusive evidence for claiming tax exemption under a Double Tax Avoidance Agreement (DTAA). The SC has said that merely relying on an entity in a jurisdiction with which India has a…