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The country's <keyword id="21969771" type="General" weightage="20" keywordseo="airport-industry" source="keywords">airport industry</keyword> is projected to report a <keyword id="20385116" type="General" weightage="20" keywordseo="profit-before-tax" source="keywords">profit before tax</keyword> of <keyword id="21969772" type="General" weightage="20" keywordseo="USD-1-3-billion" source="keywords">USD 1.3 billion</keyword> in the current financial year. The profit is anticipated to be Rs 256.1 (USD 3.1) per passenger in the fiscal ending March 2025, aviation advisory firm CAPA India said while giving projections at its <keyword id="21969773" type="General" weightage="20" keywordseo="aviation-summit" source="keywords">aviation summit</keyword> in the national capital on Friday. In the current fiscal, <keyword id="21969774" type="General" weightage="20" keywordseo="passenger-throughput" source="keywords">passenger throughput</keyword> at Indian airports is estimated to rise to 404.9 million. Out of the total, 81.1 per cent will be domestic and 18.9 per cent will be international traffic, it said. As per the report, the <keyword id="20006900" type="General" weightage="20" keywordseo="Airport-Authority-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Airport Authority of India" meta.hostid="261" meta.entityid="Airport Authority of India">Airport Authority of India</keyword>'s (AAI) profitability is likely to remain robust in FY2024 and FY2025. "The topline will grow due to an increase in aeronautical revenue along with the receipt of revenue share from the recently privatised six non-metro airports, without having to incur any expense associated with it - resulting in higher profitability," it added. The industry's profit before tax is expected to be USD 1.3 billion in this fiscal. "India's airport operators are forecast to register Rs 359.8 billion (USD 4.3 billion) in revenue for FY2025, representing a growth of 14.8 per cent y-o-y from FY2024," CAPA India said. Noting that airport infrastructure at metros and non-metros is ahead of demand, it said there is an ongoing USD 11 billion pipeline of investment, including in Tier 2 and Tier 3 airports. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/computex-2024-intel-debuts-lunar-lake-chips-with-focus-on-microsofts-ai-ambitions-for-pcs/articleshow/110745670.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/computex-2024-intel-debuts-lunar-lake-chips-with-focus-on-microsofts-ai-ambitions-for-pcs/articleshow/110745670.cms" target="_blank">Computex 2024: Intel Debuts Lunar Lake Chips With Focus On Microsoft’s AI Ambitions For PCs</a><a href="https://www.businessinsider.in/business/auto/news/may-auto-sales-tata-motors-and-hyundai-continue-to-fight-for-the-second-spot-as-car-sales-grow-by-4/articleshow/110649713.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/may-auto-sales-tata-motors-and-hyundai-continue-to-fight-for-the-second-spot-as-car-sales-grow-by-4/articleshow/110649713.cms" target="_blank">May Auto Sales – Tata Motors and Hyundai continue to fight for the second spot as car sales grow by 4%</a><a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-and-two-wheelers-launching-in-india-in-june-2024/slidelist/110591467.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-and-two-wheelers-launching-in-india-in-june-2024/slidelist/110591467.cms" target="_blank">Upcoming cars and two-wheelers launching in India in June 2024</a>

Airport industry to see profit before tax of $1.3 billion this fiscal

<ul><li><keyword id="19897633" type="General" weightage="20" keywordseo="Telegram" source="keywords" meta.keywordsubtype="org" meta.entityname="Telegram" meta.hostid="261" meta.entityid="Telegram">Telegram</keyword> has come under the scanner of the Indian government for gambling and extortion.</li><li>The messaging app is being investigated over its alleged misuse in criminal activities.</li><li>Telegram founder <keyword id="21332555" type="General" weightage="20" keywordseo="Pavel-Durov" source="keywords">Pavel Durov</keyword> was recently arrested in Paris by the French authorities.</li></ul>Pavel Durov, the co-founder and the chief executive officer of popular messaging platform Telegram was arrested in Paris earlier this month. The app has now come under the scanner in India. According to a <a href="https://www.moneycontrol.com/technology/telegram-being-investigated-in-india-over-extortion-gambling-concerns-article-12806508.html">report</a> by Moneycontrol, Telegram is being investigated by the government over its alleged misuse in criminal activities such as gambling and extortion. The ongoing investigation could also end up with Telegram being banned in India as per a government official. "The Indian Cybercrime Coordination Centre (I4C) and MeitY have been looking into P2P communications on Telegram," said a government official to Moneycontrol. <div type="Article" hostid="261" msid="112798622" title="Upcoming IPOs to look out for this week – Premier Energies, ECO Mobility and more" mstype="2" mssubtype="0"></div> According to the report, the Ministry of Electronics and Information Technology (MeitY) is investigating criminal activities such as extortion and gambling on the platform. <h2>Why has Telegram come under the scanner now?</h2>While Telegram has been blamed for such activities in the past, the investigation might have gained steam as the UGC-NET exam paper was reportedly being sold on Telegram for ₹5,000 to ₹10,000 after being leaked. Durov, 39, was detained by the French authorities at the Bourget Airport. Durov was wanted under a French arrest warrant due to the lack of moderation on Telegram, which allegedly led to the platform being used for money laundering, drug trafficking and sharing pedophilic content. The arrest was criticised by several people, including Tesla cofounder Elon Musk. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/webstories/premier-energies-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112803763.cms">Premier Energies IPO – Price band to risk factors, all you need to know</a> <a href="https://www.businessinsider.in/stock-market/news/upcoming-ipos-to-look-out-for-this-week-premier-energies-eco-mobility-and-more/articleshow/112798622.cms">Upcoming IPOs to look out for this week – Premier Energies, ECO Mobility and more</a> <a href="https://www.businessinsider.in/tech/news/govt-warns-about-fake-sms-warning-users-to-update-their-pan-what-it-is-and-how-to-stay-safe/articleshow/112795812.cms">Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe</a>

Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?

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Airport industry to see profit before tax of $1.3 billion this fiscal

PTI

Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?

Sourabh Jain

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