IndiGo’s Q2 may stay soft amid weak demand; festive lift seen in second half

IndiGo’s Q2 may stay soft amid weak demand; festive lift seen in second half

Soft September gets tougher for Indian carriers The September quarter has long been the weakest period for Indian airlines because of seasonal travel patterns. This year, however, that usual lull has been deepened by broader macroeconomic headwinds and a range of operational headaches, leaving carriers to manage a more pronounced slowdown in revenue and profitability. … Read more

Adani, Aditya Birla locked in a race for cement business expansion

Adani, Aditya Birla locked in a race for cement business expansion

Ambuja Cements to Boost Capacity by 10% by FY28 Ambuja Cements, now part of the Adani group, has announced plans to raise its production capacity by about a tenth by fiscal 2028. The move mirrors a similar expansion pace recently outlined by a larger rival, signaling renewed confidence in long-term demand for cement across India. … Read more

Mehli makes his move, files caveat on his ouster

Mehli makes his move, files caveat on his ouster

Caveat pauses approval and opens path for Mistry to be heard A caveat has been filed on behalf of Mistry, preventing the Charity Commissioner from immediately approving the Trust’s decision to remove him. The move forces the regulator to hear his objections before taking any final action. What a caveat does A caveat is a … Read more

TCS says $6.5 bn data-centre bet will lag IT business on profitability

TCS says $6.5 bn data-centre bet will lag IT business on profitability

Company leans on strong balance sheet to absorb new investment Management says a healthy balance sheet and ample surplus funds give it room to back a new investment without materially weakening performance metrics. The expectation is that, while the outlay will affect cash positions, it should not become a significant drag on key return ratios … Read more