🥃 💲 ⚖️ New twist in French liquor giant Pernod Ricard's long-running India tax fight....
The maker of Chivas Regal and Absolut has withdrawn its court challenge to India's $314 million back-tax demand, in a dispute over the alleged undervaluation of its Scotch whisky imports for years.
But it's not backing down. Instead of fighting in court, Pernod is switching to appeal before the tax authority itself -- a change of tack nine months into the legal battle, for reasons that remain unclear.
The stakes are steep: with penalties, the payout could top $600 million if Pernod loses -- a fifth of its $2.9 billion India revenue last year, and three times its profit.
India is Pernod's biggest market by volume, and this tax case sits alongside an antitrust probe and a Delhi liquor ban the company is also contesting.
Details in Reuters story below. https://t.co/EDaGqy5p3d
One time use rockets were originally developed and flown at a time when getting to space was about one off goals. For economically viable, frequently flyable missions, the philosophy is about rapid reuse, complete flexibility and modularity. This is what our Mission - 02 will demonstrate.
To have Dr. Somanath @SomanathSpeak guide us on strategy and execution at the Board level as an Observer in building such missions is a true blessing.
Looking forward to building world class and original technology from India, for the world with the new reforms happening in India. As always, grateful to the entire team in wanting to attempt such ambitious missions from India.
In the photo : Dr. Somanath in Agnikul’s Mission Control room during our Mission - 01.
Only in PR do you get ready to sign off for the weekend, and a crisis piece swoops in to wipe out all your plans.
Pottery class, we’ll have our moment.. eventually 😂
Ordered, made payment as well for JioAirFiber but no response from @JioCare@reliancejio
The agents, that were super proactive yesterday when getting documents and money are not responding anymore. No dates or "engineers" assigned.
Been calling since morning through different numbers but no response. Anyone who has faced something similar? Please help. Can't even connect to their customer care.
#jio#help#CustomerFeedback
A superb obituary. But, oh, how I wish it didn't have to be written!
Obituary: KR Srivats - An exemplary journalist - https://t.co/XeuwPaPuNE, For the best experience read this on BusinessLine App. https://t.co/TFqRwRTcVu
AI is reshaping PR faster than we imagined.
Google’s search share? Down to 90% for the first time since 2015.
Gen Z? They’re bypassing Google for TikTok & Reddit.
Audiences? They want instant answers, not a list of links.
The shift is clear—discoverability isn’t just about SEO anymore. It’s about meeting your audience where they are, not where you think they should be.
At @MadchatterIndia , we’re future-proofing strategies to stay ahead. Because in 2025, PR won’t be about keeping up—it’ll be about leading the change.
#AI #PR #SEO
1/ 🚨 Bitcoin Nears $100K 🚨
#Bitcoin has surged past $98,000, with daily all-time highs since the U.S. presidential election!🌟 That’s a 40% increase in just two weeks.
Here’s why this is a game-changing moment for crypto.👇
What a treat watching @ActusDei speak at #GFF24 . As someone often disappointed with the lack of regulations for fin-influencers, it sure was refreshing to not have to listen to the "Good side" of influencer engagements..
Narendra Modi did interview with Chamchi ( Rubika Liyaqat) and said that Muslims used to send him food on Eid
But Modi Ji, you are Vegetarian na? 🤣
-Rahul Gandhi destroyed propaganda with dark humor 🔥🤣
Take a moment to consider how unhinged it is, to expect that EVERYONE should follow a dietary prescription, because your faith tells YOU to follow it. My grandparents would skip meat during lent but wouldn't think of imposing it on us, their own blood. This country is a gone case
"Most people taking sleep supplements like melatonin w/o prescription know the cons, but they see it as an efficient hack"
✍🏻 Wrote about how a lot of people in high-stakes jobs are choosing sleep supplements over solving real issue causing insomnia, and why this worries doctors
9. In the name of meritocracy, we fight for the cause of those getting 19% marks to disadvantage those getting 15% marks from socially backward categories. We are OK to have children from disadvantaged communities compared with our children and judged equally only on marks