IndiGo stares at ‘significant’ financial damage due to flight crisis, Moody’s says| Business News

IndiGo is staring at “significant” financial damage due to the ongoing crisis stemming from rampant flight cancellations, Moody’s Ratings said, thereby raising questions on the “too big to fail” status of India’s largest airline by passengers carried. IndiGo’s rampant flight cancellations raises questions on the “too big to fail” status of India’s largest airline by […]

Explained — TCS’ $194-million trade-secret lawsuit in US and its financial impact| Business News

Mumbai: A US Court of Appeals has upheld a District Court decision against Tata Consultancy Services Ltd. that required India’s largest software-services exporter to pay $194 million in damages in a matter related to a trade secrets dispute. An injuction, now vacated, in the trade-secrets lawsuit would have limited TCS’s ability to conduct business using […]

DINKs vs DIWKs: Crafting smart home buying plans for long-term financial health

Seema and Rajiv Mathur, a Dual-income, no-kids (DINK) couple in New Delhi, are both working professionals. Despite their high dual income, they prefer to rent rather than buy property. They value mobility and freedom. They also invest their savings in mutual funds and Systematic Investment Plans (SIPs). They simply avoid the big financial and emotional […]

Missed Diwali offers? Smart financial tips for buyers planning to invest in property

Missed the festive offers this Diwali? Don’t worry, it’s never too late to plan your home purchase. Festive deals can be attractive, but buying a home should align with financial preparedness not seasonal discounts. Rohan Jha, a 32-year-old marketing executive in Mumbai, is following a six-month roadmap to successfully buy his first home. He had […]