Passengers at Delhi and Mumbai airports could face user charges rising up to 22 times after the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) revised the tariff formula for FY09-FY14, leading to over ₹50,000 crore in under-recovery for the operators. This shortfall will likely be recouped through higher user development fees (UDF), landing, and parking charges, potentially driving up airfares and slowing passenger growth at India’s busiest hubs.
Google Offers Voluntary Exit Packages Amid Strong AI Push
Google has introduced voluntary exit packages for certain employees as part of its ongoing efforts to strengthen its artificial intelligence (AI) initiatives and enhance operational efficiency, according to recent reports. The programme...
