Akshara Srivastava, Deepak Patel, Business Standard

Stories by Akshara Srivastava, Deepak Patel, Business Standard

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

Rediff.com   2 days ago

Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.

Air India plans to complete B787-8 retrofit by Q1 2028

Air India plans to complete B787-8 retrofit by Q1 2028

Rediff.com   2 days ago

Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

Rediff.com   6 days ago

Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.

Chandrasekaran addresses Air India staff, stresses transformation & safety

Chandrasekaran addresses Air India staff, stresses transformation & safety

Rediff.com   11 Apr 2026

Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.

Govt Cuts Airport Charges By 25%

Govt Cuts Airport Charges By 25%

Rediff.com   9 Apr 2026

Civil Aviation Minister Ram Mohan Naidu said the reduction in airport charges is aimed at containing airfare increases and supporting both airlines and passengers.

FMCG firms weigh price hikes as input costs rise

FMCG firms weigh price hikes as input costs rise

Rediff.com   6 Apr 2026

Fast-moving consumer goods (FMCG) companies are closely monitoring crude oil prices and considering low single-digit price increases, while consumer durables firms have already begun passing on significant price hikes to consumers due to rising input costs exacerbated by the West Asia conflict.

Costs could rise...: Skoda India director on shipping disruptions

Costs could rise...: Skoda India director on shipping disruptions

Rediff.com   6 Apr 2026

'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'

Government Puts Airline Seat Rule on Hold After Industry Pushback

Government Puts Airline Seat Rule on Hold After Industry Pushback

Rediff.com   4 Apr 2026

The government has suspended its directive requiring airlines to offer at least 60% of seats on flights without additional charges, following industry concerns about the impact on fares and pricing structures.

FMCG firms expect high single-digit growth in Q4FY26

FMCG firms expect high single-digit growth in Q4FY26

Rediff.com   4 Apr 2026

Fast-moving consumer goods (FMCG) companies like Dabur India and Marico anticipate high single-digit growth in Q4FY26, driven by strong domestic demand in India, which is helping to offset the negative impact of geopolitical conflicts in West Asia on their international businesses.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com   4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Rediff.com   3 Apr 2026

Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.

Easter Weekend Travel Picks Up

Easter Weekend Travel Picks Up

Rediff.com   3 Apr 2026

As temperatures rise, travellers are increasingly gravitating towards cooler climates, driving demand for hill stations such as Mussoorie, Munnar, Varkala, Ooty and Kodaikanal.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com   2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

DGCA Gets New Chief After Turbulent Year

DGCA Gets New Chief After Turbulent Year

Rediff.com   1 Apr 2026

Events from mid-2025 to early 2026 exposed deeper systemic concerns for India's aviation safety architecture.

Pilots Told To Refuse Unsafe Flights: No VVIP Pressure: DGCA Cracks Down

Pilots Told To Refuse Unsafe Flights: No VVIP Pressure: DGCA Cracks Down

Rediff.com   28 Mar 2026

Pilots and aircraft maintenance engineers are responsible for planning and conducting flights, and these decisions must rely on technical judgment rather than external influence.

West Asia Crisis Reroutes Tourists

West Asia Crisis Reroutes Tourists

Rediff.com   27 Mar 2026

'Travellers are considering safer and more stable destinations.'

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com   27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com   26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Rediff.com   26 Mar 2026

German carmaker Audi plans to reassess and adjust its product launch strategy in India once the specific details of import duty reductions under the India-EU free trade agreement (FTA) become clear, according to Balbir Singh Dhillon, the brand's director in India.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com   20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'