PRISM, formerly Oravel Stays, reported a Rs 748 crore profit for the nine months ending Dec 31, 2025, a significant turnaround from prior losses. The profit was boosted by a Rs 559 crore deferred-tax credit. The company plans to use Rs 4,987.5 crore from its IPO to repay borrowings.
Activist group Lock the Gate analysis reveals coal companies may receive an extra $6.2bn in taxpayer refunds for diesel if half of proposed mine developments are approved. This comes as the Australian government faces pressure to cap a fuel tax credit scheme benefiting multinational miners.
Fifty film production companies linked to producer Alan Latham have been compulsorily struck off the UK's companies register by Companies House. This leaves film workers unable to claim unpaid fees, with some reporting exploitation and unfulfilled payments.
Fifty film production companies linked to producer Alan Latham have been compulsorily struck off the UK's companies register by Companies House. This action, due to failures in legal obligations like filing accounts, prevents creditors, including unpaid film workers, from recovering debts.
Elon Musk responded to claims that his companies, Tesla and SpaceX, owe their success to government support, stating such claims are "totally false." He argued that government incentives represent less than 2% of their value and that removing EV tax credits actually boosted Tesla sales.
Major opposition parties are protesting the government's revised plan for a "tax credit with benefits" system, which omits the tax credit component, making the intended "tax reduction measure" for low-to-middle income earners less clear.
BHP is continuing to purchase hundreds of millions of dollars worth of diesel trucks for its Pilbara operations, despite internal documents highlighting the environmental impact and misalignment with decarbonisation goals. The company cites 'low technology readiness' for battery-electric trucks, a claim disputed by competitors and experts.
Team Mirai announced a proposal for a new income-based cash benefit system, aiming to provide up to ¥60,000 annually per person for individuals earning up to ¥5.4 million. This initiative serves as a temporary measure before the implementation of a "benefit-in-tax credit" system.
The Italian government has extended the fuel excise tax cut for two more weeks until June 8 and granted €300 million in tax credits to truckers, leading to the suspension of a planned strike. Measures aim to address high fuel costs impacting the transport sector.
The Italian government has extended fuel tax cuts until June 8 and granted €300 million in tax credits to truckers, leading them to suspend a planned strike. Measures aim to address high fuel costs impacting the transport sector.
Nei primi tre mesi del 2026 le giornate di riprese nell'area di Los Angeles sono aumentate del 10% rispetto al trimestre precedente, raggiungendo 5.121 giornate. I lungometraggi guidano la ripresa con +52,3% su base annua, trainati dal nuovo tax credit della California (fondo ampliato da 330 a 750 milioni di dollari). I titoli che hanno ricevuto gli aiuti statali rappresentano il 7% delle giornate lavorate. Il dato resta però ancora il 30% sotto la media degli ultimi cinque anni, mentre le riprese tv sono scese del 28% e i reality del 52%.
