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The budget arm of AI had a fleet of 26 Boeing 737 NG (next generation) when the Tatas acquired it along with Air India in Jan 2022. Thanks to the fleet augmentation done by Tatas since then, along with the merger of erstwhile AirAsia India with AI Express, the airline now has a fleet of over 100 aircraft.
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In the Budget, FM Nirmala Sitharaman had proposed to provide a tax holiday till 2047 to any foreign company providing cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity. Officials said profits on the income from domestic economic activities will remain taxable as any other domestic company.
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The PE major entered Asia in 1994. It came to India two years later, just when the economic reforms under the then finance minister Manmohan Singh had started, and private equity was in its infancy. For the chief, one of the most significant developments in India in recent times was the growth of the domestic capital.
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Shop de nieuwe 2023 collectie slipstop schoenen vandaag!
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Ambani was in conversation with Larry Fink, chairman & CEO, BlackRock Inc, one of the world’s largest investment management firms with assets worth more than $11 trillion. Jio BlackRock is the Indian joint venture between RIL and BlackRock. The RIL chief also said that in the next 20-30 years, India’s GDP could leapfrog from the current level of about $4.5 trillion to about $25-30 trillion.
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A law firm has moved to evict Billie Eilish from her mansion so it can be returned to a tribe - but her well-known uncle is having none of it.
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Eine Studie zeigt, wie es um Kitas in Deutschland steht. „Ein politisch-gesellschaftlicher Skandal“, finden selbst die, die keine Kinder haben.
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India and the US have reached a surprising trade deal, reducing tariffs on Indian goods to 18% after a year of strained relations. National Security Advisor Ajit Doval's quiet diplomacy in Washington was key, signaling India's refusal to be bullied while emphasising strategic partnership. This breakthrough eases tensions and paves the way for deeper economic ties.