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Day: October 7, 2023

Leasing costs for airlines may drop by $1.3bn: Government

NEW DELHI: India’s promise that its airports will in future not become the graveyard for leased aircraft and engines stuck with bankrupt airlines – like grounded GoAir’s fleet at present – has led to aircraft leasing watchdog Aviation Working Group…

SC to examine if e-tailers liable for local tax

NEW DELHI: The Supreme Court on Friday agreed to examine whether the burgeoning Rs 6-lakh-crore business by e-commerce platforms is liable for local body taxes on a Pune municipality’s plea against a Bombay HC ruling that they were not amenable…

Repo Rate: MPC ready to take steps to align inflation to RBI’s 4% target: Das

Ahead of the policy meet, most economists and analysts had predicted the RBI would maintain status quo on rates. After the conclusion of the meeting of the six-member monetary policy committee (MPC), RBI governor Shaktikanta Das said that the panel…

World Cup: TCS looks at 5th buyback in 6 yrs, may hit ₹20k cr mark

MUMBAI: TCS will consider buying back shares for the fifth time in six years, which could funnel cash back to its parent and largest shareholder Tata Sons. Its nine-member board led by chairman N Chandrasekaran, who is also the chair…