They are expected to run more effectively. Capital management will become more efficient and access to new capital will become easier. Hotels business is hot rn

Product Owner

Is there any significant impact on itc hotels because of this?

Welcome to News Discussion's Private Community

The de-merger of ITC LTD with Hotels

The de-merger of ITC LTD with Hotels- Grapevine

- Vistara issued steps for passengers travelling on or after November 12, when all its flights will operate under Air India.
- Booked Vistara tickets will need to be re-issued by Air India, with check-ins at Air India's counters.
- Lounge access and special services purchased through Vistara may not be valid post November 12.
- Excess baggage allowances will be transferred to the new Air India flight, subject to approval.
- Air India will maintain the 'Vistara experience' on newly acquired planes until its cabin retrofit program is completed in 2025.

Source: [Financial Express](https://www.financialexpress.com/business/airlines-aviation-no-lounge-access-to-vistara-flyers-new-tickets-to-be-issued-by-air-india-3630790/)

Vistara Flyers Lose Lounge Access Ahead of Air India Merger

Journalist

- Around 600 non-flying staff from Air India and Vistara are likely to be impacted by the merger.
- Efforts will be made to provide job opportunities within Air India group and Tata companies for the affected employees.
- The exact number of impacted staff will be known after the merger's completion, expected in late September or early October.
- The fitment process, evaluating roles and responsibilities, has been ongoing for months and is being conducted fairly.
- There will be no job impact for cabin crew and pilots, and the merger aims for growth, not cost-cutting.

Air India-Vistara Mega-Merger to Impact 600 Non-Flying Staff

Welcome to Indian Startups's Private Community

The Internal Revenue Service (IRS) of the United States has revised its stance on Research & Experimentation (R&E) amortization, as outlined in Section 174.

Previous System: Companies could immediately deduct their entire Research & Experimentation (R&E) expenses in the year they were incurred.

New System: Under IRS Section 174, these expenses must now be amortized, meaning they are deducted over several years. The period is 5 years for domestic (U.S.) R&E expenses and 15 years for foreign (non-U.S.) R&E expenses.

Example:
Scenario: A U.S. Software Company Outsourcing to India
Company: XYZ Corp, a U.S.-based software company.
R&E Expense: $150,000 spent on software development in India in 2023.

Previous System (Immediate Expensing):
In 2023, XYZ Corp could deduct the entire $150,000 from its taxable income.

New System (Amortization):
Over 15 Years: The $150,000 must be divided over 15 years because it’s a foreign expense.
Annual Deduction: $150,000 / 15 years = $10,000 per year.

Impact: In 2023, XYZ Corp can only deduct $10,000 of the $150,000 expense. The remaining $140,000 will be deducted in equal parts over the next 14 years.


--

Could this potentially impact the volume of business flowing to India?

IRS Section 174 Impact on Indian Tech Companies

Founder

Welcome to Personal Finance's Private Community

I have portfolio of Kalyan jewellers, welspun corp and Arvind for short term gains. But these stocks are hitting industry PE. For long term I have ujjivan bank and coal India. 

Any suggestions for short term and long term?

Stock ideas for short term vs long term

Product Manager

Welcome to Ask Grapeviners's Private Community

I’ve got myself into a classic dilemma: two shiny job offers, one confused brain.

I'm currently deciding between two job offers and would love some advice.

One is from Yoga Bar, recently acquired by ITC, where I would be handling export operations in Bangalore. By 2026, Yoga Bar will be fully acquired by ITC, potentially giving me opportunities to work in a large, established company.

The second offer is from Agraga, a freight forwarding startup based in Chennai (my hometown), which is scaling and would allow me to handle multiple clients and products.

Both offers come with the same pay. My main dilemma is around long-term growth and career prospects.

Should I go with the stability and potential growth of Yoga Bar under ITC, or the startup environment at Agraga ?

Stuck between Yoga Bar and Agraga– Which Way to Go?

Supply Chain Manager

Welcome to IT Company Discussion's Private Community

Hi everyone, does any one work for ITC infotech?
I got a good offer from ITC infotech but they mentioned that I would have to work with Oracle so I would be a contractual worker for Oracle and full time employee at ITC infotech. 
I have around 4 years experience .. is it good to join Itc infotech? Please advice

ITC Infotech

Software Developer

- Singapore Airlines received Indian govt approval for FDI in Air India merger
- Merger will create one of world's largest airline groups, expected completion by end of 2024
- SIA to acquire 25.1% stake in Air India as part of the deal
- Merger still subject to compliance with applicable Indian laws
- Parties discussing extension of long stop date, originally set for October 31, 2024 

 Source: [Indian Express](https://indianexpress.com/article/business/aviation/singapore-airlines-fdi-indian-govt-vistara-air-india-merger-9540861/)

Vistara to merge into Air India on November 12

Very stupid decision
Vistara is actually a great brand 

Why would you erase all the good that has been associated with that brand 
Should have turned Air India into Vistara ffs

Corporate Strategist

Hi all, heard there is a split in EY India and Deloitte India? Like service lines and hierarchy will be changed by this new split. Can anyone brief this ?

Consultant

Welcome to Office Gossip's Private Community

Any hotstar peeps here? So what after the merger?!

Future of hotstar

Strategy & Operations

What is the impact on Indian IT due to the U.S. elections? Please provide reasons to substantiate your answer.

Experts: What is the impact on Indian IT due to the U.S. elections?

Associate Manager

- The Competition Commission of India (CCI) has sent nearly 100 antitrust queries to Reliance Industries and Walt Disney regarding their $8.5 billion merger of Indian media assets.
- The CCI's inquiries include questions about sports rights, increasing scrutiny of the deal, which aims to create the biggest entertainment company in India with 120 TV channels and two streaming services.
- Reliance and Disney have argued that the merger won't hurt competition, noting that cricket rights will expire in 2027 and 2028, allowing competitors to bid.
- The CCI has also asked why YouTube should be treated the same as paid services like Netflix and Disney, given its significant market share in India.
- The merger, once approved, is expected to control 40% of India's television and streaming market, significantly altering the $28 billion entertainment industry. 

 Source: [Live Mint ](https://www.livemint.com/companies/news/reliancedisney-8-5-billion-merger-faces-scrutiny-cci-sends-100-antitrust-queries-11721640560654.html)

Reliance-Disney $8.5 Billion Merger Faces Intense Scrutiny by CCI

Hotstar will layoff after merger with Reliance?

Cloud Architect

Dell to layoff 6500 employees, cut 5% of workforce.

Dell Technologies Layoff

Project Coordinator

Thoughts on the inflated hotel price in India?

Software Engineer

Seen quite a few top/mid level exits in Tata Digital over the past two years.

Recent one is this
https://m.economictimes.com/tech/technology/churn-on-tata-digital-loses-another-senior-executive-as-travel-head-subramanian-exits/amp_articleshow/104762870.cms

What is going on in Tata Digital? Is the tech and Product teams actually good enough?
Or is it something related to process/culture?

What is going on in Tata Digital?

Senior Product Manager

Welcome to Software Engineers's Private Community

TCS and Infosys came out with their quarterly results and the results were in alignment with the predictions. But the management were keen on cutting the future growth aspects there was a cut in future number expectations and the tone was a bit tense overall. What can we make of it? How does this affect the future of the JOB Market? Will they have to increase their headcount for growth? Won't the IT Industry require more force to push more hard?

Let's discuss. 🎤🎤🎤

The de-merger of ITC LTD with Hotels

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