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.
Apple CEO Tim Cook to Step Down, John Ternus Named Successor
Apple has announced a major leadership transition, with CEO Tim Cook set to step down later this year after more than a decade at the helm. He will be succeeded by John...
