Business

Big Relief on Cancer Drug Prices: GST Slashed, Health Insurance Decision Awaited

Editor Always First

September 9, 2024

What’s behind the changes in GST rates? In a major decision, the Union Finance Minister, Nirmala Sitharaman, announced that the GST Council has reduced the Goods and Services Tax (GST) rates on certain cancer drugs, offering relief to patients battling the costly disease. This move was part of the discussions held during the 54th GST…
Ananya Panday is stepping into the OTT world with Call Me Bae.

Editor Always First

September 7, 2024

Ananya Panday is stepping into the OTT world with the much-anticipated series Call Me Bae, where she takes on the role of Bella, a character that has already sparked comparisons to Kareena Kapoor Khan’s iconic portrayal of Poo from Kabhi Khushi Kabhie Gham. While the comparison to Poo, a beloved character for generations, is inevitable,…
Air India’s Turnaround: 60% Drop in Losses, 24% Revenue Surge in FY24

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September 7, 2024

Can Air India’s revival strategy reshape India’s aviation sector?Air India’s remarkable financial improvement, marked by a 60% drop in losses and a 24.5% rise in revenue, reflects Tata Group’s strategic efforts to streamline its aviation assets. With 40.45 million passengers carried and 800 daily flights, the airline is on a growth trajectory. The integration of…
Will the Air India-Vistara Merger Create India’s Biggest Airline?

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August 30, 2024

What Does This Merger Mean for India’s Aviation Industry? The merger between Air India and Vistara has been in the works for some time, and with the recent government approval of a $276 million investment by Singapore Airlines, it seems like the deal is finally moving forward. This investment will give Singapore Airlines a 25.1%…
Zomato Receives ₹4.5 Crore GST Tax Demand: Details

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August 29, 2024

Zomato, the popular online food delivery platform, has been hit with Goods and Services Tax (GST) demand orders totaling over ₹4.59 crore from tax authorities in Tamil Nadu and West Bengal. The demand includes relevant interest and penalties, adding to the financial burden on the company. Details of the GST Tax Demand Zomato’s Response In…
‘Stree 2’ Box Office Collection Day 13: Shraddha Kapoor-Rajkummar Rao Film Equals KGF: Chapter 2’s Lifetime Biz in Record Time

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August 28, 2024

Rajkummar Rao and Shraddha Kapoor’s much-anticipated horror-comedy Stree 2 has proven to be a massive box office success, despite facing a dip in collections due to heavy rainfall in various parts of India. The film opened with a strong Rs 55.40 crore on its first day and continued to gain momentum, amassing Rs 204 crore…
Vodafone Idea Reduces Losses and Adds 3.8 Million 4G Subscribers in a Year Amid Financial Recovery

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August 14, 2024

News Summary: How is Vodafone Idea Navigating its Financial and Operational Challenges? Vodafone Idea Limited, India’s third-largest telecom operator, has managed to significantly reduce its consolidated net loss to Rs 6,432 crore for the first quarter of the financial year 2024-2025, down from Rs 7,840 crore in the same quarter last year. This financial improvement…
How Reliance Jio Users Can Get ‘Unlimited’ 5G Data: Prepaid Plans Compared

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August 9, 2024

Reliance Jio recently hiked the prices of its prepaid and postpaid plans, significantly impacting heavy data users. To address this, Jio has introduced a range of plans offering ‘Unlimited True 5G Data’ for users within 5G coverage areas. These plans allow users with 5G-compatible smartphones to enjoy unlimited data without any speed or usage caps.…
Assam Businessman Vikas Agarwal Selected for Prestigious Owner President Managers’ Programme at Harvard Business School

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August 2, 2024

Friday, August 2, 2024: Mr. Vikas Agarwal, Managing Director & CEO of SM Developers, has been selected for the highly esteemed Owner President Managers’ (OPM) programme at Harvard Business School (HBS), the world’s foremost business institution. This three-year program, consisting of one month of in-person sessions each year at HBS’s Boston campus, is tailored for…
Zomato Shares Hit New Highs Ahead of Q1 Results: Preview and Target Price

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August 2, 2024

What to Expect from Zomato’s Q1 Results? As Zomato prepares to announce its quarterly results for the three months ending June 30, 2024, brokerages are forecasting robust growth. Analysts predict that the company will report revenues between Rs 3,800-4,000 crore, representing a 40% year-on-year (YoY) increase and an 8-10% sequential rise. EBITDA is expected to…