NEW DELHI: India will get its first spanking new C-295 tactical military airlift plane on Wednesday, with Indian Air Force chief Air Chief Marshal VR Chaudhari now in Spain to receive the delivery, under the mega Rs 21,935 crore Tata-Airbus project for 56 such planes inked two years ago.The formal induction ceremony of the twin-turboprop…
Representative Image The government’s proposal to impose a 20% tax on expenditures made abroad under the Liberalised Remittance Scheme, in case of amounts exceeding ₹7 lakh in a financial year from October 1, is likely to push the sale of luxury brands in India, experts said. Covid had helped boost demand for luxury brands in…
The textile division of Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over the next couple of years, a senior official of the company said. It also hopes for a surge in demand for textile products in the upcoming festive season. “We are optimistic…
