GUJARAT — In a dramatic financial turnaround that has captured the attention of Dalal Street, Gujarat-based Swan Defence and Heavy Industries Ltd announced its financial results for the quarter ending September. The company reported a phenomenal net profit of ₹566.44 crore, marking a complete reversal from the net loss of ₹0.55 crore recorded during the […]
The High-Stakes Turnaround: Inside Air India’s Mountng Financial Crisis, Leadership Turmoil, and Singapore Airlines’ Heavy Burden
By Nuha Bubere Enriched & Expanded Report Main Facts Air India, once a symbol of national pride and now the crown jewel of the Tata Group’s aviation portfolio, is facing a severe financial and operational crisis. Consolidated losses for the carrier have ballooned dramatically, surging to Rs 22,238 crore ($2.65 billion approx.) in fiscal year […]