Beer gets its buzz going as spirits market sobers up
State-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
Day: September 5, 2026
PVR INOX executive shown door in April after probe into alleged developer kickbacks
A senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in building cinema properties. These alleged payments reportedly occurred over several years and could total ₹200 crore. The investigation also aims to determine the full extent of the wrongdoing. The company’s board has discussed…
Phuket-Delhi flight: Probe finds hydraulic failure; pilot sacked
A preliminary probe found a hydraulic failure on a Phuket-Delhi flight. This incident caused altitude changes and triggered warnings, injuring 24 people. The pilot-in-command was sacked after testing positive for a psychoactive substance. Air India has begun voluntary pilot testing and maintains zero tolerance. Investigators are examining the Power Transfer Unit and maintenance records.