Industry Trends

LVMH’s Belmond Blames Carlyle Unit for Machu Picchu Train Crash

A luxury hospitality subsidiary of LVMH Moet Hennessy Louis Vuitton SE is blaming a train company majority-owned by global private equity firm Carlyle Group Inc for a deadly crash along a railway that connects to Peru’s iconic Machu Picchu ruins.

Industry Trends

Six AI Questions I Want Answered in 2026

The word of the year for 2025, according to Merriam-Webster, was “slop,” referring to the deluge of low-quality content churned out by artificial intelligence.

Industry Trends

Britannia Industries gets GST order demanding ₹109 crore for FY19–FY24

According to the disclosure, the order covers six financial years from FY 2018–19 to FY 2023–24 and alleges incorrect availment of input tax credit. The tax demanded amounts to ₹108.50 crore, along with an equivalent penalty, in addition to applicable interest. Shares of Britannia Industries Ltd ended at ₹5,999.00, down by ₹32.00, or 0.53%, on the BSE.