CINXE.COM
Has the sun set on Paramount? - BusinessToday - Issue Date: May 02, 2010
<!DOCTYPE html> <html lang="en" > <head> <title>Has the sun set on Paramount? - BusinessToday - Issue Date: May 02, 2010</title> <meta charset="utf-8"> <meta name="theme-color" content="#E1F4FD"> <meta name="viewport" content="width=device-width, initial-scale=1.0, minimum-scale=1.0, maximum-scale=5.0"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="language" content="en"> <meta name="dc.language" content="en" /> <meta name="csrf-token" content="SAZR4a9eJ9sydD0wUtifQtJIikIRtPX9bI0uLtGb"> <link rel="shortcut icon" type="image/ico" href="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/favicon_v2.ico" /> <link rel="fluid-icon" type="image/png" href="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/favicon_v2.png" /> <meta name="keywords" content=" - Issue Date: May 02, 2010"/> <meta name="news_keywords" content=" - Issue Date: May 02, 2010"/> <meta name="description" content="Has the sun set on Paramount? - Issue Date: May 02, 2010"/> <meta name="robots" content="max-image-preview:large"/> <link rel="canonical" href="https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"/> <link rel="manifest" href="https://www.businesstoday.in/manifest.json"> <meta property="article:published_time" content="2010-04-14T14:38:21+05:30" /> <meta property="article:modified_time" content="2010-05-08T16:47:34+05:30" /> <meta property="fb:pages" content="50576790299"/> <meta property="fb:pages" content="23230437118"/> <meta property="og:site_name" content="Business Today"/> <meta property="og:url" content="https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"/> <meta property="og:type" content="website"/> <meta property="og:title" content="Has the sun set on Paramount?"/> <meta property="og:description" content="Has the sun set on Paramount? - Issue Date: May 02, 2010"/> <meta property="og:image" content="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/default.png"/> <meta name="twitter:title" content="Has the sun set on Paramount?"/> <meta name="twitter:url" content="https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"/> <meta name="twitter:image" content="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/default.png"/> <meta name="twitter:site_name" content="Business Today"/> <meta name="twitter:description" content="Has the sun set on Paramount? - Issue Date: May 02, 2010"/> <meta name="twitter:site" content="@business_today"/> <meta name="twitter:creator" content="@business_today"/> <meta name="twitter:card" content="summary_large_image"> <script>var is_sso_check=!0;var ssoUserDetail;var is_ad_free="no";function GetQueryStringParams(sParam){var sPageURL=window.location.href;var sURLVariables=sPageURL.split('#');for(var i=0;i<sURLVariables.length;i++){var sParameterName=sURLVariables[i].split('=');if(sParameterName[0]==sParam){return sParameterName[1]}}} function getLoginCookie(cname){var name=cname+"=";var ca=document.cookie.split(';');for(var i=0;i<ca.length;i++){var c=ca[i];while(c.charAt(0)==' '){c=c.substring(1)} if(c.indexOf(name)==0){return c.substring(name.length,c.length)}} return""} document.addEventListener('DOMContentLoaded', function() { var ssoCookieUid = getLoginCookie("itg_sso_uid"); //var ssoCookieUid = 'MjEwMjcz'; if (ssoCookieUid != "") { let getCookies = document.cookie.match(new RegExp('(^| )' + 'subscribed_ads_free' + '=([^;]+)')); console.log('ssoCookieUid', ssoCookieUid, getCookies); if (getCookies == null) { let checkSubscribeData = new XMLHttpRequest(); let checkSubscribeUrl = "https://www.businesstoday.in/ajax/check-subscribe-magazine?ssoId=" + ssoCookieUid; checkSubscribeData.open("GET", checkSubscribeUrl); checkSubscribeData.onreadystatechange = function () { if (checkSubscribeData.readyState === XMLHttpRequest.DONE && checkSubscribeData.status === 200) { let response = checkSubscribeData.responseText; let obj = JSON.parse(response); if(obj.status == 'success' && obj.subscribe != null) { let subscribe = obj.subscribe; if(subscribe.subs_status == 'subscribed') { setCookie('subscribed_ads_free', 'subscribed', 1); enableAdFreeFeature(); console.log('subscribe---------',subscribe); } else { serveSafeAd(); console.log('servers ad safe-----------calling'); } } } }; checkSubscribeData.send(); /*$.ajax({ type: "GET", url: "https://www.businesstoday.in/ajax/check-subscribe-magazine?ssoId=" + ssoCookieUid, cache: true, async: true, crossDomain: true, dataType: "json", success: function (response) { if(response.status == 'success' && response.subscribe != null) { let subscribe = response.subscribe; if(subscribe.subs_status == 'unsubscribed') { setCookie('subscribed_ads_free', 'subscribed', 1); enableAdFreeFeature(); console.log('subscribe'); } } }, error: function (jqXHR, textStatus, errorThrown) { console.log('error=====', jqXHR, textStatus, errorThrown); //Do Something to handle error } });*/ } else { console.log('already subscried cookies'); enableAdFreeFeature(); } } else { serveSafeAd(); console.log('servers ad safe-----------calling'); } }, false); function enableAdFreeFeature() { if (document.getElementsByClassName('hdr_sbs_btn').length > 0) { document.getElementsByClassName('hdr_sbs_btn')[0].style.display = 'none'; } if (document.getElementsByClassName('blu_str-wrp').length > 0) { document.getElementsByClassName('blu_str-wrp')[0].style.display = 'none'; } if (document.getElementsByClassName('ind_ftr_btn').length > 0) { document.getElementsByClassName('ind_ftr_btn')[0].style.display = 'none'; } if (document.querySelectorAll('.issue-image a').length > 0) { var removeImageIssueTag = document.querySelectorAll('.issue-image a'); removeImageIssueTag.forEach(el => el.removeAttribute('href')); } if (document.querySelectorAll('.print_lbtm_m a').length > 0) { var removePrintTag = document.querySelectorAll('.print_lbtm_m a'); removePrintTag.forEach(el => el.removeAttribute('href')); } if (document.querySelectorAll('.print_digital_m a').length > 0) { var removeDigitalTag = document.querySelectorAll('.print_digital_m a'); removeDigitalTag.forEach(el => el.removeAttribute('href')); } if (document.getElementsByClassName('issue-subscribe-link').length > 0) { document.getElementsByClassName('issue-subscribe-link')[0].style.display = 'none'; } if (document.getElementsByClassName('ind_digi_mag').length > 0) { document.getElementsByClassName('ind_digi_mag')[0].style.display = 'none'; } if (document.getElementsByClassName('sbs_mag_wrp').length > 0) { document.getElementsByClassName('sbs_mag_wrp')[0].style.display = 'none'; } if (document.getElementById('magazine_subscribe_RHS')) { document.getElementById('magazine_subscribe_RHS').style.display = 'none'; } if (document.getElementsByClassName('mag_sld_btn').length > 0) { let magSldBtnHide = document.getElementsByClassName('mag_sld_btn'); for(var i = 0; i < magSldBtnHide.length; i++){ magSldBtnHide[i].style.display = "none"; } } let text = "Adlite Activated. "; let result = text.repeat(10); if (document.getElementsByClassName('ad_sld_wrp').length > 0) { let adsShortVideoHide = document.getElementsByClassName('ad_sld_wrp'); for(var i = 0; i < adsShortVideoHide.length; i++){ adsShortVideoHide[i].style.display = "none"; } } if (document.getElementsByClassName('emp_ad_crd').length > 0) { let adsShortVideoHide = document.getElementsByClassName('emp_ad_crd'); for(var i = 0; i < adsShortVideoHide.length; i++){ adsShortVideoHide[i].innerHTML = result; } } if(typeof jwConfig !== "undefined") { jwConfig.noads = "1"; } if (document.getElementById('videoDetailsLeftChildId') != null) { document.getElementById('videoDetailsLeftChildId').insertAdjacentHTML('afterend', '<div class="ads_rmv_wrp">Ads Removed</div>'); } if (document.getElementById('storyDetailsLeftChildId') != null) { document.getElementById('storyDetailsLeftChildId').insertAdjacentHTML('afterend', '<div class="ads_rmv_wrp">Ads Removed</div>'); } let adsContainers = document.querySelectorAll(".itgdAdsPlaceholder"); if (adsContainers && adsContainers?.length > 0) { for (let adContainer of adsContainers) { let Widget_HP1 = adContainer.querySelectorAll("#div-gpt-ad-1506670689725-0"); let Widget_HP2 = adContainer.querySelectorAll("#div-gpt-ad-1664549518243-0"); let Widget_HP3 = adContainer.querySelectorAll("#div-gpt-ad-1664549743190-0"); let Widget_HP4 = adContainer.querySelectorAll("#div-gpt-ad-1664890120997-0"); let Widget_HP5 = adContainer.querySelectorAll("#div-gpt-ad-1664890120997-1"); let Widget_HP6 = adContainer.querySelectorAll("#div-gpt-ad-1664890120997-2"); let Widget_HP7 = adContainer.querySelectorAll("#div-gpt-ad-1506670689725-4"); let Widget_HP8 = adContainer.querySelectorAll("#div-gpt-ad-1692859098197-0"); let Widget_HP9 = adContainer.querySelectorAll("#div-gpt-ad-1692858988473-0"); let Widget_RHS1 = adContainer.querySelectorAll("#div-gpt-ad-1506670689725-1"); let Widget_RHS2 = adContainer.querySelectorAll("#div-gpt-ad-1664549896072-2"); let Widget_RHS3 = adContainer.querySelectorAll("#div-gpt-ad-1664549896072-0"); let Widget_RHS4 = adContainer.querySelectorAll("#div-gpt-ad-1692859195676-0"); let Widget_RHS5 = adContainer.querySelectorAll("#div-gpt-ad-1692859260110-0"); let topAds728X90 = adContainer.querySelectorAll("#div-gpt-ad-1506670791889-0"); let middleAds0728X90 = adContainer.querySelectorAll("#div-gpt-ad-1667562926837-0"); let middleWidgetAds0728X90 = adContainer.querySelectorAll("#div-gpt-ad-1667562980121-0"); let middleAds1728X90 = adContainer.querySelectorAll("#div-gpt-ad-1664777695140-0"); let middleAds2728X90 = adContainer.querySelectorAll("#div-gpt-ad-1667562876891-0"); let rightAdTop300X250 = adContainer.querySelectorAll("#div-gpt-ad-1506670791889-1"); let rightAdTop300X100 = adContainer.querySelectorAll("#div-gpt-ad-1506670791889-2"); let rightAdTop300X600 = adContainer.querySelectorAll("#div-gpt-ad-1506670791889-3"); let rightAdMid1300X250 = adContainer.querySelectorAll("#div-gpt-ad-1"); let rightAdMid2300X250 = adContainer.querySelectorAll("#div-gpt-ad-2"); let rightAdMid3300X250 = adContainer.querySelectorAll("#div-gpt-ad-3"); let rightAdMid4300X250 = adContainer.querySelectorAll("#div-gpt-ad-4"); let rightAdMid5300X250 = adContainer.querySelectorAll("#div-gpt-ad-5"); let rightAdMid6300X250 = adContainer.querySelectorAll("#div-gpt-ad-6"); let rightAdMid7300X250 = adContainer.querySelectorAll("#div-gpt-ad-1664779029205-0"); let rightAdMid8300X250 = adContainer.querySelectorAll("#div-gpt-ad-1669201137534-0"); let rightAdMid9300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407125754-0"); let rightAdMid10300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407178419-0"); let rightAdMid11300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407236062-0"); let rightAdMid12300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-0"); let rightAdMid13300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-1"); let rightAdMid14300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-2"); let rightAdMid15300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-3"); let rightAdMid16300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-4"); let rightAdMid17300X250 = adContainer.querySelectorAll("#div-gpt-ad-1684407355449-5"); let rightAdMid18300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995006882-0"); let rightAdMid19300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995207753-0"); let rightAdMid20300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995311945-0"); let rightAdMid21300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-0"); let rightAdMid22300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-1"); let rightAdMid23300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-2"); let rightAdMid24300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-3"); let rightAdMid25300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-4"); let rightAdMid26300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-5"); let rightAdMid27300X250 = adContainer.querySelectorAll("#div-gpt-ad-1691995382515-6"); let rightAdMid28300X250 = adContainer.querySelectorAll("#div-gpt-ad-1646227999461-0"); let rightAdMid29300X250 = adContainer.querySelectorAll("#div-gpt-ad-1646228070835-0"); let leftVerticalAds0 = adContainer.querySelectorAll("#div-gpt-ad-1664537978545-0"); let rightVerticalAds0 = adContainer.querySelectorAll("#div-gpt-ad-1664538111974-0"); let eventHomeBanner = adContainer.querySelectorAll(".sponsored_widget"); let commonBottomAd04 = adContainer.querySelectorAll("#div-gpt-ad-1506670791889-4"); let commonBtmAdForMobile = adContainer.querySelectorAll("#div-gpt-ad-1686136135818-0"); let commonBtmAd2ForMobile = adContainer.querySelectorAll("#div-gpt-ad-1686136182744-0"); let homeRichMediaAds = adContainer.querySelectorAll("#div-gpt-ad-1632815194179-0"); let right300X100Ads = adContainer.querySelectorAll("#div-gpt-ad-1706342541350-0"); let rightsecondPositionAds = adContainer.querySelectorAll("#div-gpt-ad-1506665508453-2"); if (homeRichMediaAds.length == 2) { adContainer.remove(); continue; } if (Widget_HP1.length == 1) { adContainer.remove(); continue; } if (Widget_HP2.length == 1) { adContainer.remove(); continue; } if (Widget_HP3.length == 1) { adContainer.remove(); continue; } if (Widget_HP4.length == 1) { adContainer.remove(); continue; } if (Widget_HP5.length == 1) { adContainer.remove(); continue; } if (Widget_HP6.length == 1) { adContainer.remove(); continue; } if (Widget_HP7.length == 1) { adContainer.remove(); continue; } if (Widget_HP8.length == 1) { adContainer.remove(); continue; } if (Widget_HP9.length == 1) { adContainer.remove(); continue; } if (Widget_RHS1.length == 1) { adContainer.remove(); continue; } if (Widget_RHS2.length == 1) { adContainer.remove(); continue; } if (Widget_RHS3.length == 1) { adContainer.remove(); continue; } if (Widget_RHS4.length == 1) { adContainer.remove(); continue; } if (Widget_RHS5.length == 1) { adContainer.remove(); continue; } if (eventHomeBanner.length == 1) { adContainer.remove(); continue; } if (topAds728X90.length == 1) { adContainer.remove(); continue; } if (middleAds0728X90.length == 1) { adContainer.remove(); continue; } if (middleWidgetAds0728X90.length == 1) { adContainer.remove(); continue; } if (middleAds1728X90.length == 1) { adContainer.remove(); continue; } if (middleAds2728X90.length == 1) { adContainer.remove(); continue; } if (leftVerticalAds0.length == 1) { adContainer.remove(); continue; } if (rightVerticalAds0.length == 1) { adContainer.remove(); continue; } if (rightAdTop300X250.length == 1) { adContainer.remove(); continue; } if (rightAdTop300X100.length == 1) { adContainer.remove(); continue; } if (rightAdTop300X600.length == 1) { adContainer.remove(); continue; } if (rightAdMid1300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid2300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid3300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid4300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid5300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid6300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid7300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid8300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid9300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid10300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid11300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid12300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid13300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid14300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid15300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid16300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid17300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid18300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid19300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid20300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid21300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid22300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid23300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid24300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid25300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid26300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid27300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid28300X250.length == 1) { adContainer.remove(); continue; } if (rightAdMid29300X250.length == 1) { adContainer.remove(); continue; } if (commonBottomAd04.length == 1) { adContainer.remove(); continue; } if (commonBtmAdForMobile.length == 1) { adContainer.remove(); continue; } if (commonBtmAd2ForMobile.length == 1) { adContainer.remove(); continue; } if (right300X100Ads.length == 1) { adContainer.remove(); continue; } if (rightsecondPositionAds.length == 1) { adContainer.remove(); continue; } } } let livetvIframe = document.querySelectorAll(".livetv-tab-body iframe, .btv_lve_vod iframe"); if (livetvIframe && livetvIframe?.length > 0) { field = 'noads'; var regex = /&noads=0/; for (let iframe of livetvIframe) { if (iframe) { if(iframe.src.indexOf('&' + field + '=') != -1){ iframe.src = iframe.src.replace(regex, "&noads=1"); } else { iframe.src = iframe.src + "&noads=1"; } } } } var lnk = document.createElement('link'); lnk.type='text/css'; lnk.href='https://akm-img-a-in.tosshub.com/businesstoday/resource/css/ads-free-style.css?v=11112021-150'; lnk.rel='stylesheet'; document.getElementsByTagName('head')[0].appendChild(lnk); is_ad_free = "yes"; loadModules(is_ad_free); } function loadModules(is_ad_free) { $(document).ready(function() { if (typeof liveBlogLiveTv !== 'undefined' && typeof liveBlogLiveTv === 'function') { liveBlogLiveTv(is_ad_free); } }); } function serveSafeAd() { var field = 'noads'; var regex = /&noads=1/; let livetvIframeHome = document.getElementById("globalHomeIframeTV"); let liveTVIframeBTTV = document.getElementById("liveTVIframeBTTV"); let marketIframeTV = document.getElementById("marketIframeTV"); let sectorLiveIframeTV = document.getElementsByClassName("sectorLiveIframeTV")[0]; if (livetvIframeHome != null) { if(livetvIframeHome.src.indexOf('&' + field + '=') != -1){ livetvIframeHome.src = livetvIframeHome.src.replace(regex, "&noads=0"); } else { livetvIframeHome.src = livetvIframeHome.src + "&noads=0"; } } if (liveTVIframeBTTV != null) { if(liveTVIframeBTTV.src.indexOf('&' + field + '=') != -1){ liveTVIframeBTTV.src = liveTVIframeBTTV.src.replace(regex, "&noads=0"); } else { liveTVIframeBTTV.src = liveTVIframeBTTV.src + "&noads=0"; } } if (marketIframeTV != null) { if(marketIframeTV.src.indexOf('&' + field + '=') != -1){ marketIframeTV.src = marketIframeTV.src.replace(regex, "&noads=0"); } else { marketIframeTV.src = marketIframeTV.src + "&noads=0"; } } if (sectorLiveIframeTV != null) { if(sectorLiveIframeTV.src.indexOf('&' + field + '=') != -1){ sectorLiveIframeTV.src = sectorLiveIframeTV.src.replace(regex, "&noads=0"); } else { sectorLiveIframeTV.src = sectorLiveIframeTV.src + "&noads=0"; } } if(typeof jwConfig !== "undefined") { jwConfig.noads = "0"; refreshJWTPlayer(jwConfig); } googletag.cmd.push(function() { googletag.pubads().refresh(); }); } function refreshJWTPlayer(jwConfig) { new ITGDPlayer(jwConfig, "video-player"); } function liveBlogLiveTv(is_ad_free) { let element = document.querySelector('.live-tv'); if (element) { let iframeUrl = element.innerHTML; if (iframeUrl) { iframeUrl = addFreeEmbed(iframeUrl); element.innerHTML = iframeUrl; } } } function addFreeEmbed(iframeUrl) { if (iframeUrl) { let srcUrlArray = /<iframe ?.* src="([^"]+)" ?.*>/gi.exec(iframeUrl); let srcUrl = (srcUrlArray[1] ? srcUrlArray[1] : ''); if (srcUrl) { let newSrcUrl = srcUrl; if (is_ad_free == "yes") { newSrcUrl += "&noads=1"; } iframeUrl = iframeUrl.replace(srcUrl, newSrcUrl); } } return iframeUrl; } function setCookie(cname, cvalue, exdays) { const d = new Date(); d.setTime(d.getTime() + (exdays*24*60*60*1000)); let expires = "expires="+ d.toUTCString(); document.cookie = cname + "=" + cvalue + ";" + expires + ";path=/"; }; </script> <link href='//securepubads.g.doubleclick.net' rel='preconnect'/><link href='//securepubads.g.doubleclick.net' rel='dns-prefetch'/><link href='//pagead2.googlesyndication.com' rel='preconnect'/><link href='//pagead2.googlesyndication.com' rel='dns-prefetch'/><link href='//ads.pubmatic.com' rel='preconnect'/><link href='//ads.pubmatic.com' rel='dns-prefetch'/><link href='//static.chartbeat.com' rel='preconnect'/><link href='//static.chartbeat.com' rel='dns-prefetch'/><link href='//sb.scorecardresearch.com/' rel='preconnect'/><link href='//sb.scorecardresearch.com/' rel='dns-prefetch'/><link href='https://akm-img-a-in.tosshub.com' rel='dns-prefetch'/><link href='//akm-img-a-in.tosshub.com' rel='preconnect' crossorigin='anonymous'/><link href='//akm-img-a-in.tosshub.com' rel='dns-prefetch' crossorigin='anonymous'/><link href='//akm-img-a-in.tosshub.com' rel='preconnect'/><link href='//akm-img-a-in.tosshub.com' rel='dns-prefetch'/><link rel='preconnect' href='https://fonts.gstatic.com/' crossorigin> <!-- Google tag (gtag.js) --> <script async src="https://www.googletagmanager.com/gtag/js?id=G-6N00EMNYRT"></script> <script>window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date());</script> <script> gtag('config', 'G-6N00EMNYRT', { 'custom_map': { 'dimension1': 'author', 'dimension2': 'publish_date' }, 'author': 'K.R. Balasubramanyam', 'publish_date': '2010-04-14\T14:38:21+05:30' }); </script> <script>var _comscore=_comscore||[];_comscore.push({c1:"2",c2:"8549097"});(function(){var s=document.createElement("script"),el=document.getElementsByTagName("script")[0];s.async=!0;s.src=(document.location.protocol=="https:"?"https://sb":"http://b")+".scorecardresearch.com/beacon.js";el.parentNode.insertBefore(s,el)})();</script> <noscript><img src="https://sb.scorecardresearch.com/p?c1=2&c2=8549097&cv=2.0&cj=1" alt="scorecardresearch" /></noscript> <script> function isMobile() { var check = false; (function(a){ if (/(android|bb\d+|meego).+mobile|avantgo|bada\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\.(browser|link)|vodafone|wap|windows ce|xda|xiino/i.test(a) || /1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\-(n|u)|c55\/|capi|ccwa|cdm\-|cell|chtm|cldc|cmd\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\-s|devi|dica|dmob|do(c|p)o|ds(12|\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\-|_)|g1 u|g560|gene|gf\-5|g\-mo|go(\.w|od)|gr(ad|un)|haie|hcit|hd\-(m|p|t)|hei\-|hi(pt|ta)|hp( i|ip)|hs\-c|ht(c(\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\-(20|go|ma)|i230|iac( |\-|\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\/)|klon|kpt |kwc\-|kyo(c|k)|le(no|xi)|lg( g|\/(k|l|u)|50|54|\-[a-w])|libw|lynx|m1\-w|m3ga|m50\/|ma(te|ui|xo)|mc(01|21|ca)|m\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\-2|po(ck|rt|se)|prox|psio|pt\-g|qa\-a|qc(07|12|21|32|60|\-[2-7]|i\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\-|oo|p\-)|sdk\/|se(c(\-|0|1)|47|mc|nd|ri)|sgh\-|shar|sie(\-|m)|sk\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\-|v\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\-|tdg\-|tel(i|m)|tim\-|t\-mo|to(pl|sh)|ts(70|m\-|m3|m5)|tx\-9|up(\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\-|your|zeto|zte\-/i.test(a.substr(0, 4))) check = true; })(navigator.userAgent || navigator.vendor || window.opera); return check; }; var atViewPort = (screen.width <= 720 ? 'mobile' : 'desktop'); if(isMobile()==true) { atViewPort='mobile'; } var isPoll = !1; </script> <script>function callJavaScriptFile(jsUrl){var jsFilename=document.createElement('script');jsFilename.setAttribute("type","text/javascript");jsFilename.setAttribute("src",jsUrl);document.head.appendChild(jsFilename);}</script> <script>function readCookie(name){var nameEQ=encodeURIComponent(name)+"=";var ca=document.cookie.split(';');for(var i=0;i<ca.length;i++){var c=ca[i];while(c.charAt(0)===' ')c=c.substring(1,c.length);if(c.indexOf(nameEQ)===0)return decodeURIComponent(c.substring(nameEQ.length,c.length));} return null;} </script> <script>var ssoCookieUid=getLoginCookie('itg_sso_uid');var isSubsPremium=document.cookie.match(new RegExp('(^| )' + 'subscribed_ads_free' + '=([^;]+)'));var isPVisible;if(ssoCookieUid == ''){isPVisible=true;}else{if(isSubsPremium==null){isPVisible = true;}else{isPVisible = false;}};if(isPVisible == true){var adcookie=0;function getAdCookie(e){return(e=(document.cookie+';').match(new RegExp(e+'=.*;')))&&e[0].split(/=|;/)[1]} var adcookie=getAdCookie('gdpr_ad_ck');var ProfileId=new Object();if((navigator.userAgent.indexOf('iPhone')>0&&navigator.userAgent.indexOf('iPad')==-1)||navigator.userAgent.indexOf('iPod')>0||navigator.userAgent.indexOf('Android')>0){ProfileId='553'}else{ProfileId='550'} var PWT={};var googletag=googletag||{};googletag.cmd=googletag.cmd||[];PWT.jsLoaded=function(){(function(){var gads=document.createElement('script');var useSSL='https:'==document.location.protocol;gads.src=(useSSL?'https:':'http:')+'//securepubads.g.doubleclick.net/tag/js/gpt.js';var node=document.getElementsByTagName('script')[0];node.parentNode.insertBefore(gads,node)})()};(function(){var purl=window.location.href;var url='//ads.pubmatic.com/AdServer/js/pwt/156066/'+ProfileId;var profileVersionId='';if(purl.indexOf('pwtv=')>0){var regexp=/pwtv=(.*?)(&|$)/g;var matches=regexp.exec(purl);if(matches.length>=2&&matches[1].length>0){profileVersionId='/'+matches[1]}} var wtads=document.createElement('script');wtads.async=!0;wtads.type='text/javascript';wtads.src=url+profileVersionId+'/pwt.js';var node=document.getElementsByTagName('script')[0];node.parentNode.insertBefore(wtads,node)})();}</script> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-M57NDHZ');</script> <style> /* FOR DEMO ONLY STARTS */ body{ background-size: 100%; font-size: 16px; line-height: 26px; font-family: 'Poppins', sans-serif; -webkit-font-smoothing: antialiased; overflow-x:hidden; overflow-y:auto; margin:0; padding:0; } *,::after,::before{ box-sizing:border-box; padding: 0px; margin: 0px; } a{ text-decoration: none; -webkit-transition: all 0.2s; -moz-transition: all 0.2s; -o-transition: all 0.2s; -ms-transition: all 0.2s; transition: all 0.2s; } body, a { color: #000; } img { max-width: 100%; } ul { list-style-type: none; padding: 0; margin: 0; } .container { width: 100%; max-width: 1270px; margin: 0 auto; padding: 0; position: relative; /* overflow-x:hidden; */ } .at_row { display: -webkit-box; display: -ms-flexbox; display: flex; -ms-flex-wrap: wrap; flex-wrap: wrap; margin: 0 0; } .content-area { width: 100%; min-height: 1px; -webkit-box-flex: 0; -ms-flex: 0 0 calc(100% - 320px); flex: 0 0 calc(100% - 320px); max-width: calc(100% - 320px); padding: 0; margin-right: 20px; } .sidebar { width: 100%; min-height: 1px; -webkit-box-flex: 0; -ms-flex: 0 0 300px; flex: 0 0 300px; max-width: 300px; padding: 0; } /* FOR DEMO ONLY ENDS */ /* GLOBAL */ .ks_icn { display: inline-block; width: 1em; height: 1em; stroke-width: 0; stroke: currentColor; fill: currentColor; } path, circle, line{ -webkit-transition:all ease-in-out 0.1s; -ms-transition:all ease-in-out 0.1s; -o-transition:all ease-in-out 0.1s; transition:all ease-in-out 0.1s; } .txt_red { color:#F24F5B; } .txt_grn { color:#26B58A; } .txt_org{ color:#FF6F23; } .bg_red{ background-color:#FFEFF0; } .bg_grn{ background-color:#DDFFF5; } .icn_save{ display:flex; background-size: inherit; } .icn_saved{ display:flex; background-size: inherit; } .mst_trk_sve.icn_save{ background-size:contain; } .bt_hme_pg{ background-color:#f0f3f8; font-family: 'Poppins', sans-serif; padding:0px 0 0; } .mrk_cnt_wrp{ align-items:flex-start; display:flex; justify-content:space-between; width:100%; } .mrk_cnt_lhs{ padding:0 30px 0 0; width:100%; } .mrk_cnt_rhs{ flex:0 0 300px; max-width:300px; flex-shrink:0; width:100%; } .mrk_wdg_box{ background-color:#fff; border-top:2px solid #000000; border-radius:0 0 4px 4px; padding:45px 20px 20px; margin:0 0 30px; position:relative; } .mrk_ttl_wrp{ align-items:center; display:flex; margin:0px; position:absolute; left:0; top:0; } .mrk_ttl_icn{ display:inline-block; margin:0 5px 0 0; } .mrk_ttl_txt{ background-color:#000; color:#fff; font-size:16px; font-weight:700; line-height:24px; position:relative; padding:4px 8px 4px 25px; } .mrk_ttl_txt:after{ content:''; display:block; background:url(https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mrk_ttl_icn_rhs.svg) no-repeat right center; background-size:contain; height:10px; width:10px; position:absolute; left:8px; top:0; bottom:0; margin:auto; /* -webkit-transform: rotate(270deg); -ms-transform: rotate(270deg); -o-transform: rotate(270deg); transform: rotate(270deg); */ } .mrk_box_ftr{ margin:20px 0 0; line-height:1; position: relative; text-align:center; z-index:13; } .mrk_box_ftr.hide{ display:none; } .mrk_box_lnk_btn{ align-items:center; color:#2FA7DF; display:inline-block; font-weight:500; justify-content:center; text-decoration:none; font-size:16px; line-height:24px; } .mrk_lnk_txt{ color:#2FA7DF; font-size:16px; font-weight:500; line-height:22px; position: relative; } .mrk_lnk_txt:after{ content:''; display:block; position:absolute; border: solid #2FA7DF; border-width: 0 3px 3px 0; display: inline-block; padding: 3px; top:4px; right: -13px; transform: rotate(-45deg); -webkit-transform: rotate(-45deg); } .mrk_lnk_icn{ } .mrk_box_txt{ color:#000; display:block; font-size:16px; line-height:24px; margin:0 0 15px; } .mrk_tab_cnt{ display: none; } .mrk_tab_cnt.active{ display: block; } .mrk_tab_lnk{ cursor: pointer; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .mrk_tab_lnk.active{ cursor:default; } .bt_hme_pg .swiper-pagination-bullet{ background-color:#606570; background:#606570; width: 8px; height: 8px; display: inline-block; border-radius: 100%; opacity:1; margin:0 4px !important; transform: scale(1); } .bt_hme_pg .swiper-pagination-bullet, .bt_hme_pg .swiper-pagination-bullets-dynamic .swiper-pagination-bullet-active-next, .bt_hme_pg .swiper-pagination-bullets-dynamic .swiper-pagination-bullet{ opacity:1; transform: scale(1); } .bt_hme_pg .swiper-pagination-bullet-active{ background: #3f9cc6; } .bt_hme_pg .swiper-pagination, .bt_hme_pg .swiper-pagination-horizontal.swiper-pagination-bullets.swiper-pagination-bullets-dynamic{ top:5px; right:10px; left:auto; bottom:auto; text-align:right; transform:none; } .swiper-container-horizontal>.swiper-pagination-bullets, .swiper-pagination-custom, .swiper-pagination-fraction{ width:auto; } .cal_pop_opn{ overflow:hidden; } .pop_up_ovr{ background-color:rgba(0,0,0,0.4); position:fixed; top:0; right:0; bottom:0; left:0; margin:auto; height:100%; width:100%; display:none; z-index:14; } .cal_pop_opn .pop_up_ovr{ display:block; } .pop_up_hdr{ background: #fafafa; display: flex; align-items: center; justify-content: center; margin: 0 0 25px; padding: 14px 10px; position: relative; box-shadow: 0 1px 5px rgba(0,0,0,0.2); } .pop_up_ttl{ color:#333; font-size:20px; font-weight:500; line-height:30px; } .pop_up_cls { cursor: pointer; height: 25px; width: 25px; border-radius: 100%; position: absolute; right:15px; top:17px; display: flex; align-items: center; justify-content: center; -webkit-transition: all 0.2s; -moz-transition: all 0.2s; -o-transition: all 0.2s; -ms-transition: all 0.2s; transition: all 0.2s; } .pop_up_cls:hover{ transform: translateY(-2px); } .pop_up_cls:before, .pop_up_cls:after { border-radius:8px; transform: rotate(-45deg); content: ""; position: absolute; top: 11px; right:5px; display: block; height:2px; width:15px; background-color: #666; -webkit-transition: all 0.2s; -moz-transition: all 0.2s; -o-transition: all 0.2s; -ms-transition: all 0.2s; transition: all 0.2s; } .pop_up_cls:after { transform: rotate(-135deg); } .blu_wdg_wrp{ background-color:#133D55; margin:0 0 24px; position:relative; } .bg_ttl_wdg{ align-items:center; background:url(https://akm-img-a-in.tosshub.com/businesstoday/resource/img/ttl_bg_btmag.png) no-repeat left center; background-size:cover; display:flex; margin:0; padding:0 20px; height:74px; width:100%; } .bg_ttl_wdg img{ max-height:35px; } .blu_wdg_wrp .wdg_cnt_alt{ margin:20px 20px 0; } @media screen and (max-width: 1199px){ .content-area { width: 100%; -webkit-box-flex: 0; -ms-flex: 0 0 100%; flex: 0 0 100%; max-width: 100%; margin-right: 0px; } .sidebar { -ms-flex: 0 0 100%; flex: 0 0 100%; max-width: 100%; } .mnu_nav_bdy .container{ padding:0 20px; } } @media (max-width: 1024px){ .container { padding: 0 20px; } .swp_cnt_wrp.container{ padding:0; } } /* NEW */ /* old */ @media (min-width:768px) and (max-width:1000px){ .mrk_wdg_box{ padding-left:10px; padding-right:10px; } } @media (max-width: 767px){ .bg_ttl_wdg{ height:50px; } .bg_ttl_wdg img { max-height: 25px; } .mrk_wdg_box{ margin-bottom:20px; } .bt_hme_pg{ padding:0px 0px 0; } .bt_hme_pg .container{ padding-left:0; padding-right:0; overflow-x:visible; } .mrk_cnt_wrp{ flex-direction:column; } .mrk_cnt_lhs{ padding:0; } .mrk_cnt_rhs{ flex:0 0 100%; max-width:100%; } .swiper-container-horizontal>.swiper-pagination-bullets .swiper-pagination-bullet{ height:6px; width:6px; margin:0 2px; } } /* GLOBAL RESPONSIVE ENDS */ .widget-more{position:absolute;text-align:right;align-items:right;display:flex;top:6px;right:0} .widget-more a{font-size: 15px; line-height: 17px; font-weight:700;color:#d72722} .widget-more a span{display:inline-block;margin-left:2px;line-height:0;position:relative;top:2px} .widget-more a svg{height:13px;width:13px;fill:#d72722} @media only screen and (max-width:767px) { .widget-more{position:unset;float:right} .v-pictur { bottom: 0px; right: 0px; width: 30px; height: 30px;} .v-pictur>span {width: 27px;} .inner-ad-section, .top-add-section .inner-ad-section{ min-height:250px } } /* Header Starts */ header{ background-color:#000; position:sticky; top:0; z-index:101; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_top_wrp{ align-items:center; display:flex; justify-content:center; padding:20px 0; } .hdr_top_lhs{ margin:0 auto 0 0; } .hdr_top_mid{ margin:auto; } .hdr_top_rhs{ align-items:center; display:flex; margin:0 0 0 auto; } .hdr_lgo{ display:block; margin:0 auto; max-width:400px; } .hdr_lgo img{ display:block; } .hdr_sbs_btn{ color:#fff; font-size:14px; line-height:21px; margin:0 16px 0 0; } .hdr_srh_btn{ align-items:center; color:#fff; display:flex; justify-content:center; min-height:40px; min-width:40px; cursor: pointer; } .hdr_usr_btn{ align-items:center; color:#fff; display:flex; justify-content:center; min-height:40px; min-width:40px; cursor: pointer; } .hdr_srh_btn .ks_icn, .hdr_usr_btn .ks_icn{ font-size:21px } .mnu_brg_icn{ position: relative; display: block; cursor: pointer; user-select: none; z-index: 10; width: 1.6rem; height: 1.15rem; border: none; outline: none; margin: 0 15px 0 0; background: none; visibility: visible; transform: rotate(0deg); transition: 0.35s ease; } .mnu_brg_lin { position: absolute; display: block; left: 0; width: 100%; height:3px; border: none; border-radius:2px; outline: none; opacity: 1; transform: rotate(0deg); background-color:#fff; transition: 0.25s ease-in-out; } .mnu_brg_lin:nth-child(1) { top: 0px; } .mnu_brg_lin:nth-child(2) { top: 0.5rem; width: 80%; } .mnu_brg_lin:nth-child(3) { top: 1rem; width:60%; } .hdr_nav_wrp{ } .hdr_nav_ul{ align-items:center; column-gap:20px; display:flex; } .hdr_nav_li{ padding:0px; position:relative; } .hdr_nav_li:last-child{ padding-right:0; } .hdr_nav_lnk{ width:max-content; color:#FFFFFF; display:block; font-size:14px; font-weight:600; line-height:21px; padding:0 0 8px; position:relative; text-transform:uppercase; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } span.hdr_nav_lnk{ cursor: pointer; } .hdr_nav_lnk:before { content:''; left: 0; bottom:0px; width: 100%; height:4px; background: #00AEEF; position: absolute; transform: scaleX(0); -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_nav_lnk:hover:before { transform: scaleX(1); } .hdr_nav_li.active:before { content:''; left: 0; right:0; bottom:0px; margin:auto; width: 100%; height:4px; background: #00AEEF; position: absolute; transform: scaleX(1); -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_nav_drp .hdr_nav_lnk{ padding:0 14px 8px 0; } .hdr_nav_drp .hdr_nav_lnk::after{ content:''; display:block; position: absolute; border: solid #fff; border-radius: 2px; border-width: 2px 2px 0px 0px; display: inline-block; padding: 3px; top: 4px; right: 0px; transform: rotate(135deg); -webkit-transform: rotate(135deg); } .hdr_nav_drp .hdr_nav_lnk:before{ display:none; } .hdr_drp_lg .hdr_drp_cnt{ min-width:383px; padding:16px 12px; } .hdr_drp_ind { display: flex; flex-wrap: wrap; column-gap: 10px; } .hdr_drp_row{ display:inline-block; margin:0 4px; vertical-align:top; } .hdr_drp_cnt{ background-color:#FFFFFF; border-radius:4px; box-shadow: 0 0 10px rgba(0,0,0,20%); display:none; flex-wrap:wrap; padding:16px; position: absolute; left: -20px; top: 29px; /* width: 100%; min-width: 200px; */ z-index: 11; } .hdr_drp_cnt:after { content: ''; display: block; width: 0; height: 0; border-left:8px solid transparent; border-right:8px solid transparent; border-bottom: 9px solid #fff; position: absolute; top: -9px; left: 42px; margin: auto; z-index: 0; } .hdr_drp_itm{ align-items:center; background-color:#F2F3F5; border-radius:4px; display:flex; justify-content:space-between; padding:8px; margin:0 0 8px; min-width:165px; max-width:174px; width:100%; white-space:nowrap; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_drp_itm:last-child{ margin-bottom:0; } .hdr_drp_itm:hover{ background-color:#00A1ED; } .hdr_drp_itm:hover .hdr_drp_nme{ color:#fff; } .hdr_drp_lg .hdr_drp_itm:nth-last-child(2){ margin-bottom:0px; } .hdr_drp_ttl{ display:flex; } .hdr_drp_icn{ display:flex; flex-shrink:0; margin:0 5px 0 0; max-width:16px; } .hdr_drp_nme{ color:#000000; display:flex; font-size:12px; font-weight:500; line-height:18px; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_drp_arw{ align-items:center; background-color:#fff; color:#00A1ED; display:flex; font-size:9px; justify-content:center; border-radius:100%; height:17px; width:17px; } .hdr_btm_wrp{ background-color:#fff; border-bottom:1px solid #D6E3F4; } .hdr_btm_cnt{ align-items:center; display:flex; justify-content:space-between; } .hdr_btm_lhs{ align-items:center; display:flex; } .hdr_btm_rhs{ display:flex; height:100%; } .hdr_btm_nav{ color:#000000; display:block; font-size:14px; font-weight:500; line-height:21px; margin:10px 20px 10px 0; } .hdr_btm_nav:last-child{ margin-right:0; } .hdr_btm_lgo{ align-items:center; color:#000000; display:flex; font-size:10px; font-weight:700; line-height:1; justify-content:center; border-left:1px solid #D6E3F4; padding:8px 12px; white-space:nowrap; } .hdr_btm_lgo img, .hdr_btm_lgo svg{ display:block; max-height: 27px; max-width:75px; } .hdr_tck_wrp{ border-bottom:1px solid #D6E3F4; display:block; } .hdr_tck_wrp iframe{ display:block; } /* Header Ends */ /* EVENTS DROPDOWN STARTS */ .evt_drp_row .hdr_drp_cnt { border:1px solid #EFEFEF; box-shadow: 0px 3px 6px #00000029; left:auto; right:0; min-width:500px; padding:0; width:100%; } .evt_drp_row .hdr_drp_cnt:after { border-bottom: 9px solid #F0F3F7; left:auto; top: -9px; right: 32px; margin: auto; z-index: 0; } .hdr_nav_drp.evt_drp_row .hdr_nav_lnk::after{ content:''; display:block; border:0; background:url(https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mrk_ttl_icn_rhs.svg) no-repeat right center; height: 9px; width: 9px; background-size: contain; transform: none; -webkit-transform: none; } .evt_drp_col{ margin:0px; } .evt_drp_hdr{ align-items:center; background-color:#F0F3F7; display:flex; padding:8px 20px; } .evt_drp_icn{ margin:0 9px 0 0; max-width:22px; } .evt_drp_ttl{ color:#000000; font-weight:500; font-size:12px; line-height:17px; } .evt_drp_ul{ align-items:center; display:flex; flex-wrap:wrap; padding:8px 20px; } .evt_drp_li{ flex:0 0 25%; max-width:25%; height:66px; } .evt_drp_lnk{ align-items:center; border-bottom:1px solid #F0F3F7; border-right:1px solid #F0F3F7; display:flex; justify-content:center; height:100%; padding:0px 24px; } .evt_drp_li:nth-child(4n) .evt_drp_lnk{ border-right:0; } .evt_drp_li:nth-child(n+5) .evt_drp_lnk{ border-bottom:0; } .evt_drp_lnk img{ max-height:26px; max-width:86px; } .evt_drp_row .mnu_evt_li{ margin: 0 0 8px; max-width:112px; } .evt_drp_row .mnu_evt_ul { column-gap: 8px; justify-content:center; padding:8px 0; } /* EVENTS DROPDOWN ENDS */ /* SEARCH MODAL STARTS */ .srh_opn_wrp{ background:rgba(0,0,0,96%); width:100%; position:fixed; top:0; right:0; bottom:0; left:0; margin:auto; overflow-y:auto; overflow-x:hidden; z-index:999999; height:0; opacity:0; visibility:hidden; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .hdr_srh_opn .srh_opn_wrp{ height:100vh; opacity:1; visibility:visible; } .hdr_srh_opn{ overflow:hidden; } .srh_mdl_cnt{ max-width:808px; margin:122px auto 0; position:relative; width:100%; } .mdl_cls_btn{ color:#fff; font-size:20px; position:fixed; right:80px; top:80px; line-height:0px; cursor: pointer; } .srh_mdl_fld{ align-items:center; border-bottom:3px solid #00A1ED; display:flex; justify-content:space-between; padding:0 0 2px; margin:0 0 60px; width:100%; } .srh_fld_lhs{ align-items:center; display:flex; justify-content:space-between; width:100%; } .srh_fld_rhs{ display:flex; } .srh_mdl_icn{ color:#fff; line-height:1; margin:0 10px 0 0; pointer-events:none; } .srh_mdl_inp{ background-color:transparent; background:none; color:#fff; font-size:16px; line-height:24px; border:0; box-shadow:none; outline:0; margin:0 12px 0 0; width:100%; } input.srh_mdl_inp:-internal-autofill-selected { background-color:transparent !important; background: none; } .srh_mdl_btn{ align-items:center; background-color:#00A1ED; border-radius:4px; color:#FFFFFF; font-size:16px; font-weight:600; justify-content:center; line-height:22px; padding:8px 22px; text-align:center; width:100%; cursor: pointer; } .srh_clr_btn{ cursor:pointer; color:#FFFFFF; font-size:14px; line-height:19px; margin:0 20px 0 0; white-space:nowrap; } .srh_rsl_wdg{ margin:0 0 30px; } .srh_wdg_hdr{ border-top:2px solid #fff; margin:0 0 20px; } .srh_wdg_ttl{ background-color:#FFFFFF; border-radius:0 0 1px 1px; color:#000000; font-size:16px; font-weight:700; line-height:24px; margin:0px; padding:4px 8px 4px 27px; position:relative; text-transform:uppercase; display:inline-block; } .srh_wdg_ttl:after { content: ''; display: block; background: url(https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mrk_ttl_icn_rhs.svg) no-repeat right center; background-size: contain; height: 22px; width: 10px; position: absolute; left: 8px; top: 0; bottom: 0; margin: auto; -webkit-transform: rotate(270deg); -ms-transform: rotate(270deg); -o-transform: rotate(270deg); transform: rotate(270deg); } .rsl_tpc_lst{ display:flex; flex-wrap:wrap; } .rsl_tpc_itm{ background-color:#fff; border:1px solid #C2CDE3; border-radius:100px; color:#5C6B88; display:inline-block; font-size:14px; font-weight:600; line-height:19px; margin:0 16px 16px 0; padding:8px 16px; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .rsl_tpc_itm:hover{ color:#00AEEF; transform:translateY(-2px); } .srh_rsl_emp{ color:#DFE4ED; font-size:14px; font-weight:600px; line-height:20px; } .rsl_cmp_lst{ } .rsl_cmp_itm{ align-items:center; display:flex; justify-content:space-between; margin:0 0 22px; width:100%; } .srh_rsl_wdg .rsl_cmp_itm{ display:block; } .srh_rsl_wdg a.rsl_cmp_itm, .srh_rsl_wdg a.rsl_nws_itm{ display:inline-block; width:auto; } #miniContentData > div{ margin-bottom:20px; } .rsl_cmp_lhs{ color:#BCC5D6; font-size:14px; font-weight:500; line-height:19px; } .rsl_cmp_lhs strong{ color:#FFFFFF; font-weight:600; } .rsl_cmp_rhs{ display:flex; } .rsl_cmp_txt{ color:#FFFFFF; font-size:14px; font-weight:600; line-height:19px; margin:0 0 0 50px; white-space:nowrap; } .rsl_cmp_txt .txt_grn, .rsl_cmp_txt .txt_red{ font-weight:500; margin:0 0 0 7px; padding:0 0 0 13px; position:relative; } .rsl_cmp_txt .txt_grn::before{ content:''; display:block; position: absolute; border: solid #26B58A; border-radius:2px; border-width: 0px 0px 3px 3px; display: inline-block; padding:2px; top:8px; left: 0px; transform: rotate(135deg); -webkit-transform: rotate(135deg); } .rsl_cmp_txt .txt_red::before{ content:''; display:block; position: absolute; border: solid #F24F5B; border-radius:2px; border-width:3px 3px 0px 0px; display: inline-block; padding:2px; top: 6px; left: 0px; transform: rotate(135deg); -webkit-transform: rotate(135deg); } .rsl_nws_lst{ } .rsl_nws_itm{ color:#BCC5D6; display:block; font-size:16px; line-height:22px; margin:0 0 16px; } .rsl_nws_itm strong{ color:#FFFFFF; font-size:16px; font-weight:600; line-height:22px; } .rsl_nws_itm:last-child{ margin-bottom:0; } @media (max-width:1024px) { .srh_mdl_cnt{ margin:40px auto 0; padding:20px 30px 0; } .mdl_cls_btn{ top:20px; right:30px; } .srh_rsl_wdg { margin: 0 0 30px; } .rsl_tpc_itm{ margin:0 12px 12px 0; } } @media (max-width:767px) { .rsl_cmp_itm{ align-items:flex-start; flex-direction:column; justify-content:flex-start; } .rsl_cmp_lhs{ margin:0 0 5px 0; } .rsl_cmp_txt{ margin:0; } .rsl_cmp_txt:first-child{ margin:0 35px 0 0; } .srh_mdl_fld{ flex-wrap:wrap; border-bottom:0; } .srh_fld_lhs{ border-bottom:3px solid #00A1ED; margin:0 0 5px; } .srh_fld_rhs{ width:100%; } .srh_mdl_inp{ margin:0; } .srh_clr_btn{ margin:0 0 0 15px; } } /* SEARCH MODAL ENDS */ /* MENU NAVIGATION STARTS */ .mnu_nav_wrp{ background:#fff; width:100%; position:fixed; top:0; right:0; bottom:0; left:0; margin:auto; padding:0 0 20px; overflow-y:auto; overflow-x:hidden; z-index:999999; height:0; opacity:0; visibility:hidden; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .mnu_nav_opn .mnu_nav_wrp{ height:100vh; opacity:1; visibility:visible; } .mnu_nav_opn{ overflow:hidden; } .mnu_nav_hdr{ background-color:#000; padding:23px 20px; } .mnu_hdr_cnt{ align-items:center; display:flex; justify-content:space-between; } .mnu_cls_btn{ color:#fff; display:flex; font-size:22px; cursor: pointer; } .mnu_hdr_rhs{ align-items:center; display:flex; justify-content:flex-end; column-gap:30px; width:100%; } .mnu_hdr_rhs .hdr_sbs_btn{ display:none; } .mnu_srh_wrp{ max-width:560px; position:relative; width:100%; } .mnu_srh_inp{ background-color:#383838; border:0; border-radius:4px; box-shadow:none; color:#fff; display:block; font-size:16px; line-height:24px; outline:0; padding:10px 10px 10px 42px; width:100%; } .mnu_srh_icn{ color:#fff; left:15px; top:12px; position:absolute; } .mnu_log_btn{ align-items:center; background-color:#00A1ED; border-radius:4px; color:#fff; display:flex; justify-content:center; font-size:16px; font-weight:700; line-height:24px; padding:8px 20px; white-space:nowrap; text-transform:uppercase; cursor: pointer; } .mnu_log_btn svg{ margin:0 0px 0 8px; } .mnu_nav_bdy{ background-color:#fff; } .mnu_nav_cnt{ align-items:flex-start; display:flex; justify-content:space-between; margin:20px 0 0; } .mnu_nav_lhs{ align-items:flex-start; column-gap:80px; display:flex; border-top:3px solid #C2CDE3; } .mnu_nav_rhs{ border-top:3px solid #C2CDE3; } .mnu_nav_ul{ display:block; padding:12px 0 0 0; } .mnu_nav_li{ display:flex; flex-direction:column; } .mnu_nav_lnk{ color:#000000; display:flex; font-size:16px; font-weight:700; line-height:24px; text-transform:uppercase; margin:0 0 15px; position:relative; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .mnu_nav_lnk > svg{ width:120px; height: auto; } .mnu_nav_lnk:hover, .mnu_nav_li .mnu_nav_ul .mnu_nav_lnk:hover { color:#00AEEF; } .mnu_nav_lnk svg, .mnu_nav_lnk img{ max-height:34px; height:auto; width:90px; } .mnu_nav_li .mnu_nav_ul{ margin:0; padding:0; } .mnu_nav_li .mnu_nav_ul .mnu_nav_lnk{ color:#5C6B88; } .mnu_lnk_ul{ display:flex; justify-content:space-between; flex-wrap:wrap; max-width:290px; padding:12px 0 0 0; } .mnu_lnk_li{ display:flex; flex:0 0 50%; max-width:50%; margin:0 0 15px; } .mnu_lnk_lnk{ color:#000000; display:flex; font-size:16px; font-weight:500; line-height:24px; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .mnu_lnk_lnk:hover{ color:#00AEEF; } .mnu_lnk_lnk svg, .mnu_lnk_lnk img{ max-height:34px; height:auto; width:90px; } .mnu_btm_hdr{ align-items:center; border-bottom:3px solid #C2CDE3; display:flex; padding:0 0 15px 0; margin:0 0 20px 0; } .mnu_btm_ttl_evt{ color:#000000; display:block; font-size:20px; font-weight:700; line-height:24px; text-transform:uppercase; padding:0 0 0 30px; position:relative; margin:0 20px 0 0; } .mnu_btm_ttl_evt::before{ background:url(https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mrk_ttl_icn_rhs.svg) no-repeat left center; background-size: 14px 14px; content: ''; display: block; width: 14px; height: 14px; position: absolute; left: 3px; top: 5px; border: 0; margin: bauto; transform: rotate(-90deg); } .mnu_btm_ttl{ align-items:center; display:flex; } .mnu_btm_ttl_icn{ margin:0 10px 0 0; } .mnu_btm_ttl_icn img{ display:block; } .mnu_btm_ttl_txt{ color:#000000; font-size:16px; font-weight:500; line-height:24px; } .mnu_evt_ul{ column-gap:15px; display:flex; flex-wrap:wrap; } .mnu_evt_li{ display:flex; height:64px; margin:0 0 15px; max-width:145px; width:100%; } .mnu_evt_lnk{ align-items:center; border:1px solid #F0F3F7; display:flex; justify-content:center; height:100%; padding:20px; width:100%; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .mnu_evt_lnk:hover{ background-color:#f0f8ff; border:1px solid #00AEEF; } .mnu_evt_lnk img{ display:block; max-height:42px; object-fit:contain; } @media (max-width:1289px) { .hdr_nav_wrp, .hdr_btm_wrp { display: none; } .mnu_brg_icn{ margin:0 15px 0 15px; } } @media (max-width:991px) { .mnu_nav_cnt{ flex-direction:column; margin:0 0 20px; } .mnu_nav_lhs{ column-gap:10px; flex-wrap:wrap; width:100%; } .mnu_nav_ul { flex: 0 0 48%; max-width: 48%; } .mnu_nav_mob.mnu_nav_ul{ flex: 0 0 100%; max-width: 100%; } .mnu_nav_ul.mnu_nav_mob .mnu_nav_li .mnu_nav_li{ flex: 0 0 48%; max-width: 48%; } .mnu_nav_ul.mnu_nav_mob .mnu_nav_ul{ display:flex; flex-wrap:wrap; } .mnu_nav_lnk{ font-size:14px; padding:10px; } .mnu_nav_li .mnu_nav_ul { flex: 0 0 100%; max-width: 100%; } .mnu_lnk_ul{ max-width:100%; } .mnu_btm_hdr { background: #F0F3F7; border-bottom:0; padding:14px 20px; margin:0 -20px 20px; } .mnu_evt_ul{ column-gap:0; border-top:1px solid #F0F3F7; } .mnu_evt_lnk img { max-height: 30px; } .mnu_evt_li{ margin-bottom:0; flex:0 0 25%; max-width:25%; } .mnu_evt_li .mnu_evt_lnk{ border-left:0px; border-top:0px; padding:10px; } .mnu_evt_li:nth-child(4n - 3) .mnu_evt_lnk{ border-left:1px solid #F0F3F7; } .mnu_hdr_cnt{ flex-direction:column; } .mnu_hdr_rhs{ flex-direction:column; } .mnu_hdr_rhs .hdr_sbs_btn{ display:block; margin:16px 0 0 0; } .mnu_srh_wrp{ margin:0 0 12px; } .mnu_log_btn{ max-width: 560px; width:100%; } .mnu_hdr_cnt{ align-items:flex-start; } .mnu_cls_btn{ margin:0 0 15px; } .mnu_nav_hdr{ padding:20px 0; } .mnu_brg_icn{ margin:0 15px 0 0; } } @media (max-width:767px) { .hdr_sbs_btn, .hdr_usr_btn{ display:none; } .hdr_srh_btn { font-size: 24px; } .header .container { padding: 0 12px 0 18px; } .hdr_top_wrp{ padding:8px 0; } .hdr_lgo{ max-width:242px; } .mnu_nav_bdy .container, .mnu_nav_hdr .container{ padding:0 20px; } div.ad_pg_btm{ display:flex; } .mnu_evt_li{ flex: 0 0 33.33%; max-width: 33.33%; } .mnu_evt_li:nth-child(4n - 3) .mnu_evt_lnk{ border-left:0px; } .mnu_evt_li:nth-child(3n - 2) .mnu_evt_lnk{ border-left:1px solid #F0F3F7; } } @media (max-width:575px) { .mnu_evt_li{ flex: 0 0 50%; max-width: 50%; } .mnu_evt_li:nth-child(3n - 2) .mnu_evt_lnk{ border-left:0px; } .mnu_evt_li:nth-child(2n - 1) .mnu_evt_lnk{ border-left:1px solid #F0F3F7; } } /* MENU NAVIGATION ENDS */ /* Bottom nav starts */ .btm_nav_wrp{ align-items:center; display:flex; justify-content:center; background:#fff; box-shadow:0 -2px 10px rgba(0,0,0,19%); bottom:0; left:0; position:fixed; right:0; width:100%; z-index:1; -webkit-transition: -webkit-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1); -moz-transition: -moz-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1); transition: transform 0.5s cubic-bezier(0.86, 0, 0.07, 1); } .btm_nav_wrp.btm_nav_hid { -webkit-transform: translateY(100%); -moz-transform: translateY(100%); -ms-transform: translateY(100%); -o-transform: translateY(100%); transform: translateY(100%); } .btm_nav_ul{ align-items:center; display:flex; justify-content:space-between; margin:0; padding:0; width:100%; } .btm_nav_li{ align-items:center; display:flex; width:20%; } .btm_nav_lnk{ background-color:#fff; align-items:center; display:flex; font-weight:500; flex-direction:column; padding:8px 6px; width:100%; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .btm_nav_li.btm_nav_act .btm_nav_lnk{ background-color:rgba(0,173,239,8%); } .btm_nav_li.btm_nav_act .btm_nav_txt{ color:#00AEEF; } .btm_nav_icn{ } .btm_nav_txt{ color:#666666; font-size:13px; line-height:20px; white-space:nowrap; } /* Bottom nav ends */ /* AD STARTS */ .ad-300X250-body { background-color:#eaeaea; width: 100%; margin: 0 auto; margin-bottom: 20px; padding:0px 0 2px; } .ad-300X250-body:before { align-items: center; color: #333; content: 'Advertisement'; display: flex; font-family: system-ui; font-size: 10px; font-weight:500; line-height: 1; justify-content: center; padding: 4px 0 5px; text-transform: uppercase; width: 100%; } .ad-300X250 { padding: 0; width: 300px; min-height: 250px; text-align: center; margin: 0 auto; } .top-add-section{width:100%;height:auto;margin-top:20px;margin-bottom:20px; margin-top:20px;} .inner-ad-section div{margin:0 auto} .mrrtb.top-add-section{margin-top:20px;margin-bottom:10px} .inner-ad-section{background-color:#eaeaea;max-width:970px;width:100%;margin:0 auto;text-align:center;flex-wrap:wrap;min-height:90px;padding:0 0 10px} .inner-ad-section:before {align-items: center;color: #333;content: 'Advertisement';display: flex;font-family: system-ui;font-size: 10px;font-weight: 500;line-height: 1;justify-content: center;padding: 4px 0 5px;text-transform: uppercase;width: 100%;} .inner-ad-section img{width:100%;display:block;height:auto} .inner-ad-section iframe{text-align:center;margin:0 auto} .inner-ad-section iframe+iframe{width:100%;display:block} .top-add-section .inner-ad-section { max-width:990px; } .top-add-section.rs_mtf1 .inner-ad-section, .top-add-section.rs_mtf2 .inner-ad-section, .top-add-section.rs_mtf3 .inner-ad-section { max-width: 970px; } /* AD ENDS */ #miniContentData, #miniCompanyData,#minMutualfundData,#minAmcData, #minIndisesData, .rsl_cmp_itm { color:white; } /* CALCULATORS STARTS */ .clc_lst_wrp{ display:block; } .clc_lst_lnk{ align-items:center; border-bottom:1px solid #C2CDE3; display:flex; padding:0 0 16px; margin:0 0 16px; } .clc_lst_lnk:last-child{ border-bottom:0; padding-bottom:0; margin-bottom:0; } .clc_lst_icn{ align-items:center; background-color:#FAF3ED; border-radius:100%; display:flex; justify-content:center; margin:0 8px 0 0; height:40px; width:40px; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .clc_lst_icn img{ max-width:22px; } .clc_lst_txt{ color:#000000; font-size:14px; font-weight:600; line-height:22px; -webkit-transition:all ease-in-out 0.3s; -ms-transition:all ease-in-out 0.3s; -o-transition:all ease-in-out 0.3s; transition:all ease-in-out 0.3s; } .clc_lst_lnk:hover .clc_lst_txt{ color:#00AEEF; } .clc_lst_lnk:hover .clc_lst_icn{ box-shadow:0 0 8px rgba(0,0,0,0.20); } .clc_lst_lnk:nth-child(1) .clc_lst_icn{ background-color:#FAF3ED; } .clc_lst_lnk:nth-child(2) .clc_lst_icn{ background-color:#F9EDEC; } .clc_lst_lnk:nth-child(3) .clc_lst_icn{ background-color:#D6EEFD; } .clc_lst_lnk:nth-child(4) .clc_lst_icn{ background-color:#F6FBED; } .clc_lst_lnk:nth-child(5) .clc_lst_icn{ background-color:#F1F8F6; } .clc_lst_lnk:nth-child(6) .clc_lst_icn{ background-color:#DEF9F6; } .clc_lst_lnk:nth-child(7) .clc_lst_icn{ background-color:#DCEAF6; } .cmg_son{ position:relative; overflow:hidden; } .cmg_son::before{ background-color:rgba(0,0,0,0.3); content:''; display:block; position:absolute; left:0; right:0; top:0; bottom:0; margin:auto; height:100%; width:100%; z-index:2; } .cmg_son:after{ align-items:center; background-color:rgb(0 0 0 / 46%); border-radius:4px; content:'Coming Soon...'; display:flex; justify-content:center; color:#fff; font-size:14px; text-align:center; text-transform:uppercase; position:absolute; left:0; right:0; top:0; bottom:0; margin: auto; z-index: 3; height: max-content; max-width: 135px; padding: 4px 0; } .cmg_son .fc_crd_wrp{ pointer-events:none; } /* CALCULATORS ENDS */ /* sso login css */ .login #login-area a{display: none;} #login-area{ position:relative; } #login-area.logged_in { border: 0; } .sso_user_txt a { color: #fff; font-size: 12px; font-weight: 700; line-height: 1; text-transform: uppercase; } .sso_user_svg { display: inline-block; line-height: 1; vertical-align:middle; } .sso_user_txt { display: inline-block; line-height: 1; margin: 0 6px 0 0; vertical-align: middle; } .user_name{ display:none; } #login-area:hover .user_acc_link { display: block; } #login-area .user_acc_link a { border-bottom: 1px solid #c1c1c1; padding-bottom: 4px; margin-bottom: 3px; font-size: 11px; line-height: 25px; color: #919191; text-transform: uppercase; display: block; margin-right: 0px; font-weight: bold; } #login-area .user_acc_link a:last-child { border-bottom: none; padding: 0px; margin-bottom: 0px; } #login-area .user_acc_link a:hover { color: #000; } .is_userLogin{ position: relative; cursor: pointer; } .user-pic { width: 100%; flex-basis: 25px; max-width: 25px; border-radius: 50%; overflow: hidden; height: 25px; line-height: 0px; } .is_userLogin{ justify-content: center; } .user-icon { display:flex; align-items: center; } .user-icon > .user_name{ font-size:16px; line-height: 22px; color:#fff; margin-left:9px; display: none; } .user-icon > .caret-down{ margin-left: 9px; line-height: 0px; display: none; } #login-area .caret-down{ display:none; } .user-detail{ position:absolute; top:100%; right: 0px; width: 112px; z-index: 9999; border: 1px solid #d6d6d6; padding: 5px 10px; background-color: #fff; box-shadow: 0 0 5px rgba(0,0,0,0.2); display: none; } #login-area:hover .user-detail, .is_userLogin:hover .user-detail{ display:block; } .user_acc_link a{ border-bottom: 1px solid #c1c1c1; padding-bottom: 4px; margin-bottom: 3px; font-size: 11px; line-height: 25px; color: #919191; text-transform: uppercase; display: block; margin-right: 0px; font-weight: bold; } .user_acc_link a:hover { color: #000; } .user-detail .user_acc_link{ display: block; } @media (max-width:991px){ .sso_user_txt{display: none;} .sso_user_svg svg{max-width:18px;} #login-area{padding: 2px 2px 1px;background: none; } } @media (max-width:767px){ .is_userLogin .user-icon > .user_name, .user-icon > .caret-down{ display: inline-block; } } /* sso login css end */ .widget-head{display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;align-items:center;margin-bottom:10px;position:relative}.widget-title{display:flex}.widget-head .widget-title span{width:14px;height:14px;margin-right:7px;margin-top:7px;display:flex}.widget-head .widget-title span svg{width:14px;height:14px}.widget-title h2, .widget-title a{font:700 22px/36px 'Poppins', sans-serif;color:#000;width:calc(100%)}.widget-title h2 a{color:#000} .mnu_lnk_lnk{align-items:center;}a.mnu_lnk_lnk svg, a.mnu_lnk_lnk img{max-height:34px;height:auto;max-width:90px;width:100%; object-fit:contain;}.v-duration{position:absolute;background-color:#000;line-height:0;padding:0 5px;font-size:11px;color:#fff;display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;align-items:center;width:57px;height:21px;left: 0;bottom: 0;}.v-duration>span{display:inline-block;margin-right:5px;width:13px}.v-pictur{position:absolute;bottom:8px;right:8px;background-color:transparent;display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;align-items:center;width:35px;height:29px}.v-pictur>span{display:inline-block;margin-right:0;width:100%}.icon-pic>span img{display:inline-block;width:100%} .ad_pg_btm {min-height: 78px; display: none;flex-wrap:wrap;justify-content: center;background: #eaeaea;bottom:55px;left: 0;padding:3px 0 6px;position: fixed;right: 0;width: 100%;z-index: 99;-webkit-transition: bottom 0.5s cubic-bezier(0.86, 0, 0.07, 1);-moz-transition: bottom 0.5s cubic-bezier(0.86, 0, 0.07, 1);transition: bottom 0.5s cubic-bezier(0.86, 0, 0.07, 1);} .ad_pg_btm > div:not(.adtext){ min-height:50px; width:100%;flex:0 0 100%;max-width:100%;text-align: center;}.adtext{ font-size:11px; color:#323232; line-height:16px; text-align: center; text-transform: uppercase;width:100%;flex:0 0 100%;max-width:100%;} .ad_pg_btm.ad_pg_btm_hid{bottom:0px;-webkit-transform:translateY(0);-moz-transform: translateY(0);-ms-transform: translateY(0);-o-transform: translateY(0);transform: translateY(0);}.bottomNav {-webkit-transition: -webkit-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);-moz-transition: -moz-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);transition: transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);-webkit-transform: translateY(0);-moz-transform: translateY(0);-ms-transform: translateY(0);-o-transform: translateY(0);transform: translateY(0);}.bottomNav.btm_nav_hid {-webkit-transform: translateY(100%);-moz-transform: translateY(100%);-ms-transform: translateY(100%);-o-transform: translateY(100%);transform: translateY(100%);} </style> <style>header .container{padding:0}.header .sp-ad {position: absolute;top: 32px;left: 46px;width: 132px;line-height: 12px;}.header .sp-ad img{width:160px;height: auto;}.ilu-logo{width: 200px; line-height: 0px; position: absolute; top: 26px; right: 190px;}.ilu-logo img{width:100%;height:auto;}@media (max-width:1024px){.header .sp-ad, .ilu-logo{display: none;}}.mnu_lnk_lnk{align-items:center;}.mnu_lnk_lnk svg, .mnu_lnk_lnk img{max-height:34px;height:auto;max-width:90px;width:auto;}.v-duration{position:absolute;background-color:#000;line-height:0;padding:0 5px;font-size:11px;color:#fff;display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;align-items:center;width:57px;height:21px;left: 0;bottom: 0;}.v-duration>span{display:inline-block;margin-right:5px;width:13px}.v-pictur{position:absolute;bottom:8px;right:8px;background-color:transparent;display:-webkit-box;display:-ms-flexbox;display:flex;-ms-flex-wrap:wrap;flex-wrap:wrap;align-items:center;width:35px;height:29px}.v-pictur>span{display:inline-block;margin-right:0;width:100%}.icon-pic>span img{display:inline-block;width:100%} .bottomNav {-webkit-transition: -webkit-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);-moz-transition: -moz-transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);transition: transform 0.5s cubic-bezier(0.86, 0, 0.07, 1);-webkit-transform: translateY(0);-moz-transform: translateY(0);-ms-transform: translateY(0);-o-transform: translateY(0);transform: translateY(0);}.bottomNav.btm_nav_hid {-webkit-transform: translateY(100%);-moz-transform: translateY(100%);-ms-transform: translateY(100%);-o-transform: translateY(100%);transform: translateY(100%);}</style> <style type="text/css"> .bt-story-text-container p strong,.social-wrapper.active{display:block}*{box-sizing:border-box}.bt-story-body{margin:0;padding:0;--story-container-width:1000px;--story-inner-container-width:700px}.bt-story-container img{max-width:100%;height:auto}.bt-story-container{font-family:Poppins,sans-serif;max-width:var(--story-container-width);margin:0 auto;width:calc(100% - 40px)}.bt-story-header-profile-container,.bt-story-header-sub-heading,.bt-story-heading,.bt-story-text-container p{max-width:var(--story-inner-container-width)}.bt-story-heading{line-height:56px;font-size:46px;font-weight:700;color:#000;margin:0 auto;padding:40px 0 20px}.bt-story-header-sub-heading{color:#888;font-size:24px;line-height:34px;margin:20px auto}.bt-story-header-profile-container{margin:0 auto}.bt-row,.header-bt-image{display:flex;flex-wrap:wrap}.bt-row.align-center{align-items:center}.bt-story-text-container p{font-size:18px;line-height:26px;font-weight:400;margin:0 auto 30px}.bt-story-byline{font-size:14px;color:#888;line-height:22px}.bt-story-author{ align-items:center; column-gap:12px; display:flex; } .bt-story-profile-name{ align-items: center; column-gap: 2px; display: flex; white-space: nowrap; word-break: break-word; flex-wrap: wrap; font-size: 14px; line-height: 22px; font-weight: 400; color: #888888; } .prt_edt_txt{ display: block; font-size: 14px; font-weight: 600; line-height: 20px; }.bt-story-profile{margin:0 0 0 0px;font-size:16px;line-height:22px;color:#000;font-weight:700}.bt-story-profile a{display:block;font-size:14px;line-height:22px;font-weight:400;color:#888}.bt-story-profile-image{max-width:60px;display:flex;flex-wrap:wrap}.bt-story-profile-image img{border-radius:100%}.bt-story-profile-image svg{width:100%;height:100%}.header-bt-image img{border-radius:20px 20px 0 0;height:auto}.bt-story-main-image-container{position:relative;padding:30px 0}.bt-story-image-title{border:1px solid #e2e2e2;background-color:#f3f6f7;padding:10px 20px;line-height:23px;font-size:15px;font-weight:500;color:#888}#strquote,.bt-qutes-item,.bt-story-container .nquotes{box-shadow:0 0 30px 10px #0000000D;max-width:var(--story-inner-container-width);padding:20px 50px 20px}.bt-story-sub-heading,.bt-story-text-container p strong{font-size:18px;line-height:38px;color:#000;font-weight:700;display: inline-block;}.bt-story-sub-heading{max-width:var(--story-inner-container-width);margin:20px auto}.bt-story-container figcaption,.caption{font-size:15px;font-weight:500;color:#888}.bt-qutes-item{border:1px solid #f3f3f3;margin:17px auto;border-radius:50px;position:relative}#strquote h2,.bt-qutes-item .bt-story-q-text,.bt-story-container .nquotes .qt_wdg_cnt{font-size:22px;line-height:38px;font-weight:700;margin-bottom:20px}.bt-qutes-item .bt-qts-name,.bt-story-container .nquotes .qt_wdg_ftr{font-size:18px;line-height:34px;text-align:right;font-weight:700}.social-wrapper ul li a{display:inline-block}.bt-qutes-item .bt-qts-pr{font-size:16px;line-height:24px;text-align:right;color:#888;font-weight:400}#strquote::before,.bt-qutes-item::before,.bt-story-container .nquotes:before{content:'';background-image:url('data:image/svg+xml,<svg width="79" height="50" viewBox="0 0 79 50" fill="none" xmlns="http://www.w3.org/2000/svg"><g clip-path="url(%23clip0_2036_192)"><path d="M48.3262 42.9974C49.9441 45.0737 51.8659 46.7475 54.0914 48.0233C56.1651 49.2084 58.5031 49.8401 61.1033 49.9218C61.622 49.9743 62.1486 50 62.6819 50C71.2668 50 78.2269 43.0835 78.2269 34.5525C78.2269 26.0214 71.2668 19.1049 62.6819 19.1049C59.7194 19.1049 56.9527 19.93 54.5966 21.359C54.5966 21.359 54.5966 21.359 54.5966 21.3578C51.66 15.7383 61.8515 1.84712 61.8515 1.84712C62.2724 1.45803 62.3376 0.800588 61.9629 0.367886C61.6006 -0.0513985 60.9807 -0.117366 60.5385 0.202409C58.5121 1.67046 56.5667 3.27269 54.699 5.00574C52.6096 6.9501 50.6879 9.09572 48.9337 11.4381C47.183 13.785 45.798 16.332 44.7865 19.0769C43.7749 21.8252 43.2698 24.7401 43.2698 27.8215C43.2698 30.5005 43.7086 33.1794 44.5851 35.8629C45.4638 38.5418 46.7093 40.92 48.3273 42.9997L48.3262 42.9974Z" fill="%23F3C445"/><path d="M1.3153 35.8604C2.19404 38.5393 3.43957 40.9175 5.05753 42.9972C6.67549 45.0735 8.59724 46.7473 10.8228 48.023C12.8964 49.2082 15.2345 49.8399 17.8347 49.9215C18.3534 49.9741 18.88 49.9998 19.4133 49.9998C27.9981 49.9998 34.9583 43.0833 34.9583 34.5522C34.9583 26.0212 27.9981 19.1046 19.4133 19.1046C16.4508 19.1046 13.684 19.9298 11.328 21.3587C11.328 21.3587 11.328 21.3587 11.328 21.3576C8.39134 15.7381 18.5829 1.84688 18.5829 1.84688C19.0037 1.45778 19.069 0.800344 18.6943 0.367642C18.332 -0.0516426 17.7121 -0.11761 17.2699 0.202164C15.2435 1.67022 13.2981 3.27245 11.4304 5.00549C9.34097 6.94986 7.41922 9.09548 5.66511 11.4379C3.91438 13.7848 2.52933 16.3318 1.51782 19.0767C0.506316 21.8238 0 24.7387 0 27.8202C0 30.4991 0.439932 33.1781 1.3153 35.8615V35.8604Z" fill="%23F3C445"/></g><defs><clipPath id="clip0_2036_192"><rect width="78.2258" height="50" fill="white"/></clipPath></defs></svg>');position:absolute;width:78.23px;height:50px;top:-15px;left:50px}.bt-story-image-container{margin:0 auto 30px;text-align:center;width:100%}.bt-story-image-containe{position:relative;width:100%;text-align:center;margin:0 0 30px}.video-icon svg{max-width:100%;height:100%}.video-icon{position:absolute;bottom:10px;right:10px;z-index:1;max-width:100px;cursor:pointer}.bt-story-header{background-color:#f1f2f2}.share-click,.social-wrapper{position:fixed;top:50%;transform:translate(0,-50%);background-color:#fff;z-index:9}.bt-story-main-image-container::before{content:'';background-color:#f1f2f2;position:absolute;width:100%;height:50%;top:0;z-index:-1;left:0}.social-wrapper{right:calc(calc(calc(100% - var(--story-container-width))/ 2) - 72px);border-radius:10px}.social-wrapper ul li:last-child img{width:35px;margin-top:3px}.social-wrapper ul li img{height:100%;width:40px;cursor:pointer}.social-wrapper ul{margin:0;box-shadow:0 0 7px 0 #00000040;width:52px;display:flex;flex-direction:column;align-items:center;border-radius:10px;padding:5px 0}.social-wrapper ul li{list-style:none}.share-click{right:5px;width:50px;border-radius:100%;padding:5px;display:none;align-items:center;justify-content:center;height:50px;box-shadow:0 4px 30px 0 #00000014;border:1px solid #cbcbcb;cursor:pointer}.share-click svg{width:100%;height:100%;fill:transparent}.share-click svg g{fill:#000}.bredcumSeo .bbd1 a:after{position:absolute;display:inline-block;vertical-align:middle;color:#6d6c6c;font-size:16px;content:"/";right:-7px}.bt-story-container .nquotes{border:1px solid #f3f3f3;margin: 10px auto 47px;border-radius:50px;position:relative}.bt-story-text-container .embedcode{text-align:center;display:flex;justify-content:center;flex-wrap:wrap;margin-bottom:30px; position: relative;}.bt-story-text-container .embedcode:has( iframe[src*="www.youtube.com"]){padding-top:56.25%;}iframe[src*="www.youtube.com"]{position:absolute; top:0px; left:0px; width:100%; height:100%;}.bradcum,.brdcum-fedback-main{flex-wrap:wrap;width:100%;display:flex}.bt-story-text-container .embedded-entity{max-width:var(--story-inner-container-width);margin:0 auto 30px}.bt-story-container figcaption{line-height:23px;text-align:center}.social-wrapper ul li:nth-child(2) img,.social-wrapper ul li:nth-child(3) img{width:35px}.brdcum-fedback-main{align-items:flex-start;padding:8px 0}.bradcum{height:auto;margin-right:0}.bredcumSeo{width:100%;display:flex}.bredcumSeo .bbd1{display:inline-block;position:relative;margin-right:5px;padding-right:5px;white-space:nowrap}.bredcumSeo .bbd1:not(:last-child){margin-right:11px}.bredcumSeo .bbd1 a,.bredcumSeo span{font-size:15px;color:#000;text-decoration:none;margin-left:0;overflow:hidden;text-overflow:ellipsis;white-space:nowrap}.fedback-sec,.share-click.remove{display:none}.tab-link{background-color:#f2fafc}#tab-link-wrapper-plugin{width:100%;height:auto}#tab-link-wrapper-plugin .heading-text{color:#000;font-size:24px;margin-top:0;line-height:25px;font-weight:700;margin-bottom:20px}#tab-link-wrapper-plugin ul{margin:10px 0 0;padding:0;border-radius:4px;display:flex;flex-wrap:wrap;list-style:none}#tab-link-wrapper-plugin ul li{color:#333;font-size:18px;font-weight:700;padding:10px 13px 10px 25px;position:relative;line-height:25px}#tab-link-wrapper-plugin ul li:last-child{padding-bottom:0}#tab-link-wrapper-plugin ul li::before{content:'';position:absolute;top:18px;left:8px;background-color:#d71920;border-radius:50%;width:9px;height:9px}#tab-link-wrapper-plugin ul li a{color:#333;font-size:18px;font-weight:700;line-height:25px;cursor:pointer}#magazinePayWallStrip{position:relative;z-index:9}.social-wrapper ul li.share-button svg{height:20px;width:20px}.social-wrapper ul li.share-button{position:absolute;right:0;z-index:9;top:0;cursor:pointer;width:24px;height:24px;background-color:#00aeef;border-bottom-left-radius:4px;display:none;align-items:center;justify-content:center}.container{width:calc(100% - 40px)}.mainBorromSliderSec{visibility:hidden}.hidegap{visibility:visible}.bt-story-text-container .embedcode:empty{padding-top:0}.dottedimg{margin-left:0;display:inline-block;line-height:0;width:15px;height:10px;background:url(data:image/svg+xml;base64,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) center center no-repeat}p:has(+.dottedimg){display:inline;margin-bottom: 4px;}.bt-story-text-container .embedcode.bt-emobed-video{position:relative;width:100%;padding-bottom:56.25%;height:0;overflow:hidden}.bt-story-text-container .embedcode.bt-emobed-video iframe{position:absolute;top:0;left:0;width:100%;height:100%}#strquote{border:1px solid #f3f3f3;border-radius:50px;position:relative;float:none!important;margin:17px auto!important}.itg-mosimage{margin:0 auto 30px;text-align:center;width:100%;display:flex;flex-direction:column;align-items:center;justify-content:center}.itg-mosimage img{max-width:100%}.caption{border:1px solid #e2e2e2;background-color:#f3f6f7;padding:10px 20px;line-height:23px;margin:0 auto;max-width:505px;width:auto!important}@media screen and (max-width:1200px){.social-wrapper{right:10px}}@media (max-width:1024px){.container{padding:0}}@media (max-width:767px){.fact-col5,.fact-col6,.fact-col7{-ms-flex:0 0 100%;flex:0 0 100%;max-width:100%}.fact-thumb{margin-bottom:20px}.fact-inner-body h3{margin-bottom:20px;margin-top:20px}.fact-inner-body .kawa{text-align:center;margin:0 auto}.mobile-social{display:block;display:inline-flex}.fact-check .share-icn ul{display:none}.fact-check .header-sec h2{width:calc(100% - 22px)}.face-check-lhs-thumb{width:100%;margin-right:0}.face-check-rhs{width:100%;margin-top:15px}.common-area ul.story-lis,.fact-point,.factCheckComment .share-icons-mian,.factCheckComment.story-shrComm{margin-top:0}.fact-point{margin-bottom:15px}.fact-point ul li{width:50%}.fact-point ul li:nth-child(2){padding-right:0}.fact-point ul li:nth-child(3){padding-right:0;width:100%}.faceCheckPointslis ul,.fact-check{margin-bottom:0}.fact-inner-body{padding:10px}.factcheck-text a strong{word-wrap:anywhere}.fact-check-section .sponlogo{width:92px;overflow:hidden}.fact-check-section .sponlogo a img{width:100%;height:auto;display:block}.fact-check-section .factcheck-text{width:calc(100% - 107px);margin-left:15px}.fact-check .share-icn{width:auto;display:inline-flex;margin-top:2px}#tab-link-wrapper-plugin .heading-text{color:#000;font-size:20px;margin-top:-3px;line-height:20px}#tab-link-wrapper-plugin ul{margin-top:0;padding-left:10px}#tab-link-wrapper-plugin ul li:last-child{padding-bottom:10px}#tab-link-wrapper-plugin ul li{padding:10px 13px 0 23px;font-size:16px;line-height:22px}#tab-link-wrapper-plugin ul li::before{top:17px;left:0}}@media screen and (max-width:480px){.social-wrapper{right:0;box-shadow:0 0 7px 0 #00000040;width:100%;border-radius:0;display:none}.share-click,.social-wrapper ul li.share-button{display:flex}.social-wrapper ul{width:100%;flex-direction:row;justify-content:center;box-shadow:0 0 0 #000;padding:5px 0}.social-wrapper ul li:not(:last-child){margin-right:18px}.social-wrapper ul li a{display:flex;align-items:center;justify-content:center}}@media screen and (max-width:767px){#strquote,.bt-qutes-item,.bt-story-container .nquotes{padding:20px 20px 20px;border-radius:20px}#strquote::before,.bt-qutes-item::before{width:53px;height:34px;background-size:cover;top:-10px;left:20px}.bt-story-heading{font-size:26px;line-height:36px;padding:20px 0 10px}.bt-story-header-sub-heading{font-size:18px;line-height:24px;margin:0 auto 10px}.bt-story-image-title{font-size:14px;line-height:22px;padding:5px 10px}.bt-story-text-container p{font-size:16px;line-height:25px}.bt-story-sub-heading{font-size:24px;line-height:34px}.video-icon{max-width:50px}.header .container{padding:0}#crengindiv{display:none!important}}#descriptionStoryId table { width: 100%; max-width: var(--story-inner-container-width); background: #f1f1f1 !important; margin: 0px auto 10px !important; padding: 0 10px 10px; } #descriptionStoryId td p{ margin:0; } #descriptionStoryId td{ border:0; } #descriptionStoryId a { color: #00aeef; display: block; font-size: 16px; line-height: 24px; } #descriptionStoryId .text-formatted { flex-direction: column; display: flex; margin: 0 auto; max-width: var(--story-inner-container-width); }.bt-story-profile-name-parent{align-items: center;display: flex;flex-wrap: wrap;column-gap: 4px;font-size: 14px;line-height: 22px;font-weight: 400;color: #888;} </style> <meta name="branch:deeplink:url_id" content="17250" /><!--<script>window.twttr=(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],t=window.twttr||{};if(d.getElementById(id))return t;js=d.createElement(s);js.id=id;js.src="https://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);t._e=[];t.ready=function(f){t._e.push(f)};return t}(document,"script","twitter-wjs"));</script>--> <style type="text/css"></style> <script></script> <script>(window.BOOMR_mq=window.BOOMR_mq||[]).push(["addVar",{"rua.upush":"false","rua.cpush":"false","rua.upre":"false","rua.cpre":"false","rua.uprl":"false","rua.cprl":"false","rua.cprf":"false","rua.trans":"","rua.cook":"false","rua.ims":"false","rua.ufprl":"false","rua.cfprl":"false","rua.isuxp":"false","rua.texp":"norulematch","rua.ceh":"false","rua.ueh":"false","rua.ieh.st":"0"}]);</script> <script>!function(e){var n="https://s.go-mpulse.net/boomerang/";if("False"=="True")e.BOOMR_config=e.BOOMR_config||{},e.BOOMR_config.PageParams=e.BOOMR_config.PageParams||{},e.BOOMR_config.PageParams.pci=!0,n="https://s2.go-mpulse.net/boomerang/";if(window.BOOMR_API_key="P67ZH-RDJ55-Q5W8M-97PUD-UMK77",function(){function e(){if(!o){var e=document.createElement("script");e.id="boomr-scr-as",e.src=window.BOOMR.url,e.async=!0,i.parentNode.appendChild(e),o=!0}}function t(e){o=!0;var n,t,a,r,d=document,O=window;if(window.BOOMR.snippetMethod=e?"if":"i",t=function(e,n){var t=d.createElement("script");t.id=n||"boomr-if-as",t.src=window.BOOMR.url,BOOMR_lstart=(new Date).getTime(),e=e||d.body,e.appendChild(t)},!window.addEventListener&&window.attachEvent&&navigator.userAgent.match(/MSIE [67]\./))return window.BOOMR.snippetMethod="s",void t(i.parentNode,"boomr-async");a=document.createElement("IFRAME"),a.src="about:blank",a.title="",a.role="presentation",a.loading="eager",r=(a.frameElement||a).style,r.width=0,r.height=0,r.border=0,r.display="none",i.parentNode.appendChild(a);try{O=a.contentWindow,d=O.document.open()}catch(_){n=document.domain,a.src="javascript:var d=document.open();d.domain='"+n+"';void(0);",O=a.contentWindow,d=O.document.open()}if(n)d._boomrl=function(){this.domain=n,t()},d.write("<bo"+"dy onload='document._boomrl();'>");else if(O._boomrl=function(){t()},O.addEventListener)O.addEventListener("load",O._boomrl,!1);else if(O.attachEvent)O.attachEvent("onload",O._boomrl);d.close()}function a(e){window.BOOMR_onload=e&&e.timeStamp||(new Date).getTime()}if(!window.BOOMR||!window.BOOMR.version&&!window.BOOMR.snippetExecuted){window.BOOMR=window.BOOMR||{},window.BOOMR.snippetStart=(new Date).getTime(),window.BOOMR.snippetExecuted=!0,window.BOOMR.snippetVersion=12,window.BOOMR.url=n+"P67ZH-RDJ55-Q5W8M-97PUD-UMK77";var i=document.currentScript||document.getElementsByTagName("script")[0],o=!1,r=document.createElement("link");if(r.relList&&"function"==typeof r.relList.supports&&r.relList.supports("preload")&&"as"in r)window.BOOMR.snippetMethod="p",r.href=window.BOOMR.url,r.rel="preload",r.as="script",r.addEventListener("load",e),r.addEventListener("error",function(){t(!0)}),setTimeout(function(){if(!o)t(!0)},3e3),BOOMR_lstart=(new Date).getTime(),i.parentNode.appendChild(r);else t(!1);if(window.addEventListener)window.addEventListener("load",a,!1);else if(window.attachEvent)window.attachEvent("onload",a)}}(),"".length>0)if(e&&"performance"in e&&e.performance&&"function"==typeof e.performance.setResourceTimingBufferSize)e.performance.setResourceTimingBufferSize();!function(){if(BOOMR=e.BOOMR||{},BOOMR.plugins=BOOMR.plugins||{},!BOOMR.plugins.AK){var n=""=="true"?1:0,t="",a="bdpnbeqxfxh2iz2ptohq-f-59a56a8da-clientnsv4-s.akamaihd.net",i="false"=="true"?2:1,o={"ak.v":"39","ak.cp":"1204458","ak.ai":parseInt("340749",10),"ak.ol":"0","ak.cr":0,"ak.ipv":4,"ak.proto":"http/1.1","ak.rid":"21516d46","ak.r":49026,"ak.a2":n,"ak.m":"dscr","ak.n":"ff","ak.bpcip":"8.222.208.0","ak.cport":56342,"ak.gh":"23.45.206.178","ak.quicv":"","ak.tlsv":"tls1.2","ak.0rtt":"","ak.0rtt.ed":"","ak.csrc":"-","ak.acc":"reno","ak.t":"1733270415","ak.ak":"hOBiQwZUYzCg5VSAfCLimQ==jFtWdbM7pBRHT84U9VdLVV/S4/sFtmElShtuDJ2cC2M7UlxglISRSq4pB3JtIjCBSN5l5igsc0QCMSb12ptU0OzU/HnXMTK604fWX8C68LlTW565tPmCfJKwmwHVbYgZJ7xKuN2wlcBBwnru6QWN+KOY9Na2bl+blVO6QQGXbbw9rUPbTNy6kAT68FHXLQ22idDHUvgeUch2tOAw7SGHuYtNvPCCW3jQYCZaj2FjeDLVFk2RnmSLyi2rlrvLfrgagTTYveBh7nSD0SHi1cx5vxIO7Br0EfI84yDpnJsvdl8R8blkBvUFifVgrAngTvFX0XNqjIhhN5cqVug4Bi8G3foEMrV4N7crTadGexy7RhSUSh0epuOIp0Emmvo2buJ5OE9FDILwkSLeCmMHtIbhpdxhdS8EnM3L6195CWZb3SM=","ak.pv":"81","ak.dpoabenc":"","ak.tf":i};if(""!==t)o["ak.ruds"]=t;var r={i:!1,av:function(n){var t="http.initiator";if(n&&(!n[t]||"spa_hard"===n[t]))o["ak.feo"]=void 0!==e.aFeoApplied?1:0,BOOMR.addVar(o)},rv:function(){var e=["ak.bpcip","ak.cport","ak.cr","ak.csrc","ak.gh","ak.ipv","ak.m","ak.n","ak.ol","ak.proto","ak.quicv","ak.tlsv","ak.0rtt","ak.0rtt.ed","ak.r","ak.acc","ak.t","ak.tf"];BOOMR.removeVar(e)}};BOOMR.plugins.AK={akVars:o,akDNSPreFetchDomain:a,init:function(){if(!r.i){var e=BOOMR.subscribe;e("before_beacon",r.av,null,null),e("onbeacon",r.rv,null,null),r.i=!0}return this},is_complete:function(){return!0}}}}()}(window);</script></head> <body> <div class="itgdAdsPlaceholder"> <div id='div-gpt-ad-1632815194179-0'> </div> <div id="g_id_onload" data-client_id="1097555407628-i456lr0mt9tu3e9l1le5jbo6f19l8q1a.apps.googleusercontent.com" data-context="signin" data-skip_prompt_cookie="itg_g_state" data-login_uri="https://auth.indiatoday.in/google-one-tap-login?returnTo=aHR0cHM6Ly93d3cuYnVzaW5lc3N0b2RheS5pbi9tYWdhemluZS9mZWF0dXJlcy9zdG9yeS9oYXMtdGhlLXN1bi1zZXQtb24tcGFyYW1vdW50LTE3MjUwLTIwMTAtMDQtMTQ=" data-cancel_on_tap_outside="false" data-moment_callback="logMomentNotification"> </div> <div id='div-gpt-ad-21915221392-0'></div> <div id='div-gpt-ad-1632815194179-0'></div> <div id='div-gpt-ad-21915271409-0'></div> </div> <style> /* global starts */ body{background-size: 100%;font-size: 16px;line-height: 26px;font-family: 'Poppins', sans-serif;-webkit-font-smoothing: antialiased;overflow-x:hidden;overflow-y:auto;margin:0;padding:0;}*,::after,::before{box-sizing:border-box }a{text-decoration: none;-webkit-transition: all 0.2s;-moz-transition: all 0.2s;-o-transition: all 0.2s;-ms-transition: all 0.2s;transition: all 0.2s;}img {max-width: 100%;}ul {list-style-type: none;padding: 0;margin: 0;} /* global ends */ /* Global Nav Starts */ .nav_cnt_wrp{padding:0 10px;} .gbl_nav_lnk {font-size: 11px;line-height:17px;color:#2C2C2C;white-space: nowrap;} .gbl_nav_wrp {width: 100%;height: auto;border-bottom: 1px solid #dfdfdf;position: relative;} .gbl_nav_cnt {width: 100%;display: flex;flex-wrap: wrap;justify-content: space-between;} .gbl_nav_mnu {width:100%;display: flex;flex-wrap: wrap;justify-content: space-between;} .gbl_nav_ul {max-width: 100%;display: flex;justify-content:space-between;flex-wrap: wrap;overflow-x: unset;width: 100%;-ms-overflow-style: none;scrollbar-width: none;} .gbl_nav_li{align-items: center;display: flex;padding: 0 18px 0px 0;} .gbl_nav_mnu .gbl_nav_li:first-child .gbl_nav_lnk{color: #000;font-weight:600} .gbl_nav_opn ul li a,.gbl_nav_mnu ul a {text-decoration: none;padding:4px 0;} .gbl_nav_opn .gbl_nav_li:first-child .gbl_nav_lnk {color:#2C2C2C;} .gbl_nav_arw_dwn svg {transform: rotateY(20deg);transition: all 0.8s;} .gbl_nav_arw {align-items:center;display:flex;justify-content:center;width:30px;height:32px;transition: .5s;margin:0 0 0 auto;background-color: #efefef;} .gbl_nav_arw svg {cursor: pointer;fill: #000000;width: 24px;height: 27px;font-weight:700;margin-top: 4px;} .gbl_nav_arw_up svg {transform: rotateZ(-180deg);transition: .8s;margin-top:-4px;margin-left: 0;} .gbl_nav_opn.gbl_nav_dwn {height: 25px;animation: .3s linear forwards rotateMenu;border-bottom: 1px solid #dfdfdf;overflow: visible;visibility: visible;} .gbl_nav_opn {width: 100%;padding: 0;position: absolute;left: 0;background-color: #fff;z-index:102;top: 32px;height: 0;overflow: hidden;} .gbl_nav_opn .gbl_nav_ul {height: auto;justify-content:flex-start;} .gbl_nav_opn .gbl_nav_li {padding: 0 19px 0px 0;} .gbl_nav_opn ul li {padding: 0;height: auto;} @keyframes rotateMenu { 0% {opacity: 0;transform: translate(0,-10px);} 25% {opacity: .25;transform: translate(0,-7px);} 50% {opacity: .5;transform: translate(0,-5px);} 75% {opacity: .75;transform: translate(0,-3px);} 100% {opacity: 1;transform: translate(0,0);} } .gbl_nav_up {animation: .3s linear backwards endMenu;} @keyframes endMenu { 100% {opacity: 0;height: 0;} 0% {opacity: 1;height: 35px;} } @media (min-width: 1270px){ .nav_cnt_wrp {max-width: 1270px;margin: 0 auto;padding:0px;} } @media (max-width:1199px) { .gbl_nav_ul {max-width: 100%;flex-wrap: nowrap;overflow-x: scroll;} .gbl_nav_arw {display: none;} .gbl_nav_opn{position: inherit;display: flex;flex-wrap: nowrap;box-shadow: none;border: none;overflow: visible;} .gbl_nav_opn .nav_cnt_wrp ul {height: auto;overflow: visible;} } /* Global Nav Ends */ </style> <div class="gbl_nav_wrp"> <div class="nav_cnt_wrp"> <div class="gbl_nav_cnt"> <div class="gbl_nav_mnu"> <ul class="gbl_nav_ul"> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.businesstoday.in" title="Business Today" aria-label="Business Today" target="_self" rel="noopener">Business Today</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://bazaar.businesstoday.in/" title="BT Bazaar" aria-label="BT Bazaar" target="_blank" rel="noopener">BT Bazaar</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.indiatoday.in/" title="India Today" aria-label="India Today" target="_blank" rel="noopener">India Today</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.indiatodayne.in/" title="Northeast" aria-label="Northeast" target="_blank" rel="noopener">Northeast</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.indiatodaygaming.com" title="India Today Gaming" aria-label="India Today Gaming" target="_blank" rel="noopener">India Today Gaming</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.cosmopolitan.in/" title="Cosmopolitan" aria-label="Cosmopolitan" target="_blank" rel="noopener">Cosmopolitan</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.harpersbazaar.in/" title="Harper's Bazaar" aria-label="Harper's Bazaar" target="_blank" rel="noopener">Harper's Bazaar</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.bridestoday.in/" title="Brides Today" aria-label="Brides Today" target="_blank" rel="noopener">Brides Today</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.ishq.com/" title="Ishq FM" aria-label="Ishq FM" target="_blank" rel="noopener">Ishq FM</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.aajtak.in" title="Aaj Tak" aria-label="Aaj Tak" target="_blank" rel="noopener">Aaj Tak</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.gnttv.com/" title="GNTTV" aria-label="GNTTV" target="_blank" rel="noopener">GNTTV</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.ichowk.in/" title="iChowk" aria-label="iChowk" target="_blank" rel="noopener">iChowk</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.kisantak.in/" title="Kisan Tak" aria-label="Kisan Tak" target="_blank" rel="noopener">Kisan Tak</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.thelallantop.com/" title="Lallantop" aria-label="Lallantop" target="_blank" rel="noopener">Lallantop</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://malayalam.indiatoday.in/" title="Malyalam" aria-label="Malyalam" target="_blank" rel="noopener">Malyalam</a></li> <span class="gbl_nav_arw"> <svg xmlns="http://www.w3.org/2000/svg" height="18" width="18"> <path d="M12 15.825 5.55 9.35 7.4 7.5l4.6 4.6 4.6-4.6 1.85 1.85Z"></path> </svg> </span> <div class="gbl_nav_opn"> <div class="nav_cnt_wrp"> <ul class="gbl_nav_ul"> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://bangla.aajtak.in/" title="Bangla" aria-label="Bangla" target="_blank" rel="noopener" >Bangla</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://thesportstak.com/" title="Sports Tak" aria-label="Sports Tak" target="_blank" rel="noopener" >Sports Tak</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.crimetak.in/" title="Crime Tak" aria-label="Crime Tak" target="_blank" rel="noopener" >Crime Tak</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.aajtakcampus.in/" title="Aajtak Campus" aria-label="Aajtak Campus" target="_blank" rel="noopener" >Aajtak Campus</a></li> <li class="gbl_nav_li"><a class="gbl_nav_lnk" href="https://www.astrotak.com/" title="Astro tak" aria-label="Astro tak" target="_self" rel="noopener" >Astro tak</a></li> </ul> </div> </div> </ul> </div> </div> </div> </div> <header class="header"> <div class="container"> <div class="hdr_top_wrp"> <div class="hdr_top_lhs"> <div class="mnu_brg_icn"> <span class="mnu_brg_lin"></span> <span class="mnu_brg_lin"></span> <span class="mnu_brg_lin"></span> </div> </div> <div class="sp-ad"><a rel="nofollow" target="_blank" alt="icici logo" href="https://www.icicidirect.com"><img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/icici-25-11-2024.jpg?v=1.1"></a></div> <div class="hdr_top_mid"> <a class="hdr_lgo" class="magazine_custom_logo" href="https://www.businesstoday.in" title="Business Today"><img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/logo/magazine_logo.png" alt="Business Today" /></a> </div> <div class="hdr_top_rhs"> <a class="hdr_sbs_btn" alt="Subscribe" title="Subscribe" onclick="gtag('event', ' Sub_Top_Button', { 'event_category': 'BT_PaywallEvent', 'event_label': 'BT_PaywallEvent', 'value': 1 });" target="_blank" href="https://subscriptions.intoday.in/businesstoday?utm_source=website">Subscribe</a> <span class="hdr_srh_btn srh_opn_btn" title="search icon" alt="search icon" href="javascript:void(0)"><svg class="ks_icn ks_icn_search" fill="#fff" width="32" height="32" version="1.1" viewBox="0 0 32 32" xml:space="preserve" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g><path d="M31.698 30.26l-8.261-8.13c2.164-2.324 3.492-5.451 3.493-8.889v-0c-0.066-7.327-6.021-13.241-13.358-13.241-0.038 0-0.077 0-0.115 0l0.006-0c-0.032-0-0.069-0-0.107-0-7.339 0-13.296 5.919-13.356 13.245l-0 0.006c0.060 7.331 6.017 13.25 13.356 13.25 0.038 0 0.075-0 0.113-0l-0.006 0c0.008 0 0.018 0 0.027 0 3.207 0 6.154-1.115 8.474-2.979l-0.026 0.021 8.293 8.162c0.189 0.185 0.447 0.299 0.732 0.299s0.544-0.114 0.733-0.299l-0 0c0.188-0.183 0.305-0.439 0.305-0.723s-0.116-0.538-0.303-0.721l-0-0zM13.463 24.46c-0.027 0-0.058 0-0.089 0-6.21 0-11.251-5.008-11.303-11.206l-0-0.005c0.052-6.203 5.093-11.211 11.303-11.211 0.031 0 0.063 0 0.094 0l-0.005-0c0.027-0 0.058-0 0.089-0 6.21 0 11.251 5.008 11.303 11.206l0 0.005c-0.052 6.203-5.093 11.211-11.303 11.211-0.031 0-0.063-0-0.094-0l0.005 0z"></path></g></svg></span> <div id="login-area"> <span class="hdr_usr_btn ssoSignIn" title="sign in" alt="sign in" id="signIn" role="link"><svg class="ks_icn ks_icn_user"><use xlink:href="#ks_icn_user"></use></svg></span> </div> </div> </div> <div class="hdr_nav_wrp"> <ul class="hdr_nav_ul"> <li class="hdr_nav_li "><a class="hdr_nav_lnk" title="Home" href="https://www.businesstoday.in" target="_self">Home</a> </li> <li class="hdr_nav_li "><a class="hdr_nav_lnk" title="India" href="https://www.businesstoday.in/india" target="_self">India</a> </li> <li class="hdr_nav_li hdr_nav_drp "><a class="hdr_nav_lnk" title="Magazine" href="https://www.businesstoday.in/magazine" target="_self">Magazine</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new "> <a class="hdr_drp_itm" title="Cover Story" href="https://www.businesstoday.in/magazine/cover-story"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Cover Story</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Editor's Note" href="https://www.businesstoday.in/magazine/editors-note"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Editor's Note</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Deep Dive" href="https://www.businesstoday.in/magazine/deep-dive"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Deep Dive</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Interview" href="https://www.businesstoday.in/magazine/interview"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Interview</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="The Buzz" href="https://www.businesstoday.in/magazine/the-buzz"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">The Buzz</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li hdr_nav_drp "><a class="hdr_nav_lnk" title="BT TV" href="https://www.businesstoday.in/bt-tv" target="_self">BT TV</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new "> <a class="hdr_drp_itm" title="Market Today" href="https://www.businesstoday.in/bt-tv/market-today"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Market Today</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Easynomics" href="https://www.businesstoday.in/bt-tv/easynomics"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Easynomics</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Drive Today" href="https://www.businesstoday.in/bt-tv/drive-today"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Drive Today</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="BT Explainer" href="https://www.businesstoday.in/bt-tv/bt-explainer"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">BT Explainer</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li hdr_nav_drp "><a class="hdr_nav_lnk" title="Market Today" href="https://www.businesstoday.in/markets" target="_self">Market Today</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new "> <a class="hdr_drp_itm" title="Trending Stocks" href="https://www.businesstoday.in/markets/trending-stocks"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Trending Stocks</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Indices" href="https://www.businesstoday.in/indices"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Indices</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Stocks List" href="https://www.businesstoday.in/stocks"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Stocks List</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Stocks News" href="https://www.businesstoday.in/markets/company-stock"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Stocks News</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Share Market News" href="https://www.businesstoday.in/markets/stocks"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Share Market News</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="IPO Corner" href="https://www.businesstoday.in/markets/ipo-corner"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">IPO Corner</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li hdr_nav_drp "><a class="hdr_nav_lnk" title="Tech Today" href="https://www.businesstoday.in/tech-today" target="_self">Tech Today</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new "> <a class="hdr_drp_itm" title="Unbox Today" href="https://www.businesstoday.in/tech-today/unboxing-reviews"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Unbox Today</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Authen Tech" href="https://www.businesstoday.in/tech-today/explainers"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Authen Tech</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Tech Deck" href="https://www.businesstoday.in/tech-today/enterprise-tech"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Tech Deck</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Tech Shorts" href="https://www.businesstoday.in/visualstories/technology"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Tech Shorts</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li hdr_nav_drp "><a class="hdr_nav_lnk" title="Money Today" href="https://www.businesstoday.in/personal-finance" target="_self">Money Today</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new "> <a class="hdr_drp_itm" title="Tax" href="https://www.businesstoday.in/personal-finance/tax"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Tax</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Investment" href="https://www.businesstoday.in/personal-finance/investment"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Investment</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Insurance" href="https://www.businesstoday.in/personal-finance/insurance"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Insurance</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Tools & Calculator" href="https://www.businesstoday.in/tools-and-calculators"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Tools & Calculator</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li "><a class="hdr_nav_lnk" title="Mutual Funds" href="https://www.businesstoday.in/mutual-funds" target="_self">Mutual Funds</a> </li> <li class="hdr_nav_li hdr_nav_drp hdr_drp_lg"><a class="hdr_nav_lnk" title="Industry" href="https://www.businesstoday.in/industry" target="_self">Industry</a> <div class="hdr_drp_cnt"> <div class="sub_menu_new hdr_drp_ind"> <a class="hdr_drp_itm" title="Banking" href="https://www.businesstoday.in/industry/banks"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Banking</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="IT" href="https://www.businesstoday.in/industry/it"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">IT</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Auto" href="https://www.businesstoday.in/auto"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Auto</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Energy" href="https://www.businesstoday.in/industry/energy"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Energy</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Commodities" href="https://www.businesstoday.in/commodities"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Commodities</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Pharma" href="https://www.businesstoday.in/industry/pharma"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Pharma</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Real Estate" href="https://www.businesstoday.in/personal-finance/real-estate"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Real Estate</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> <a class="hdr_drp_itm" title="Telecom" href="https://www.businesstoday.in/industry/telecom"> <span class="hdr_drp_ttl"> <span class="hdr_drp_icn"></span> <span class="hdr_drp_nme">Telecom</span> </span> <span class="hdr_drp_arw"><svg class="ks_icn ks_icn_arrow_right"><use xlink:href="#ks_icn_arrow_right"></use></svg></span> </a> </div> </div> </li> <li class="hdr_nav_li "><a class="hdr_nav_lnk" title="Visual Stories" href="https://www.businesstoday.in/visualstories" target="_self">Visual Stories</a> </li> <li class="hdr_nav_li "><a class="hdr_nav_lnk" title="BT Reels" href="https://www.businesstoday.in/short-videos" target="_self">BT Reels</a> </li> <li class="hdr_nav_li hdr_nav_drp evt_drp_row"> <span class="hdr_nav_lnk" href="javascript:void(0)">events</span> <div class="hdr_drp_cnt" style="display: none; height: 432.875px; padding-top: 0px; margin-top: 0px; padding-bottom: 0px; margin-bottom: 0px;"> <div class="evt_drp_col"> <div class="evt_drp_hdr"> <span class="evt_drp_icn"><img width="28" height="24" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt_lgo_icon.svg" alt=""></span> <span class="evt_drp_ttl">Special</span> </div> <style type="text/css">.evt_drp_row:hover .hdr_drp_cnt { height: 370px !important; } .hdr_btm_lgo img {object-fit:cover} </style> <ul class="mnu_evt_ul"> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/india-at-100-economy-summit/2024"><img loading="lazy" alt="" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-adani-new.png" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt-schools"><img loading="lazy" alt="" height="12" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_best_school.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/thoughtworks"><img loading="lazy" alt="" height="11" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_thtwrk.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/wef-2024"><img loading="lazy" alt="" height="35" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_btdavos.svg" width="59" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/coindcx-crypto-exchange"><img loading="lazy" alt="" height="34" src="https://akm-img-a-in.tosshub.com/sites/businesstoday/coindcx_logo.png" width="104" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="https://btmostpowerfulwomen.com/2024/"><img alt="" height="21" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mpw-new.png" width="100" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/mindrush-2024/best-ceos"><img alt="" height="85" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/BT-Mindrush-logo.png" width="115" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt500"><img loading="lazy" alt="" height="25" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-500-new.png" width="79" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/accenture-leadership-dialogues"><img loading="lazy" alt="" height="17" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-accenture-new.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt-golf/2024"><img loading="lazy" alt="" height="36" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-golf/2023-24/img/bt-golf-2024.png" width="66" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/pwc-de-risking-the-future"><img loading="lazy" alt="" height="33" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-pwc-new.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/renewable-energy-summit"><img loading="lazy" alt="" height="27" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-renewable-new.png" width="58" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/banking-economy-summit"><img loading="lazy" alt="" height="49" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/best-bank-new.png" width="79" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="https://www.businesstoday.in/electric-vs-non-electric-vehicle-bt-evnomics-best-tool-to-calculate-ownership-cost-of-an-EV#/electric-vs-non-electric-vehicle-bt-evnomics-best-tool-to-calculate-ownership-cost-of-an-EV/"><img loading="lazy" alt="" height="10" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/eveconomics_new_18.png" width="120" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/tech-today-congress-summit-2023"><img alt="BT tech today" height="18" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/tech-today-logo-07112023.png" width="94" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt500/wealth-creators-summit-2023"><img alt="BT 500 wealth creators summit" height="25" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt500-wealth-creators.jpg" width="45" /></a></li> </ul> </div> </div> </li> </ul> </div> </div> <div class="hdr_btm_wrp"> <div class="container"> <div class="hdr_btm_cnt"> <div class="hdr_btm_lhs"> <a class="hdr_btm_nav " title="PMS Today" href="https://www.businesstoday.in/pms" target="_self" > PMS Today </a> <a class="hdr_btm_nav highlight " title="US News" href="https://www.businesstoday.in/world/us" target="_self" > US News </a> <a class="hdr_btm_nav " title="Economic Indicators" href="https://www.businesstoday.in/economic-indicators" target="_self" > Economic Indicators </a> <a class="hdr_btm_nav " title="UPSTART" href="https://www.businesstoday.in/entrepreneurship" target="_self" > UPSTART </a> <a class="hdr_btm_nav " title="Weather" href="https://www.businesstoday.in/weather" target="_self" > Weather </a> <a class="hdr_btm_nav " title="BT Shorts" href="https://www.businesstoday.in/shorts" target="_self" > BT Shorts </a> <a class="hdr_btm_nav " title="NRI" href="https://www.businesstoday.in/nri" target="_self" > NRI </a> <a class="hdr_btm_nav " title="Education" href="https://www.businesstoday.in/education" target="_self" > Education </a> </div> <div class="hdr_btm_rhs"> <a class="hdr_btm_lgo " title="BT Golf" href="https://www.businesstoday.in/bt-golf/2024" target="_self"> <img loading="lazy" width="65" height="36" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/adani-bribery-scandal-the-breakdown/img/Logo-unit-horizontal.jpg" alt="BT Golf"> </a> <a class="hdr_btm_lgo " title="AI Conference" href="https://www.businesstoday.in/ai-conference" target="_self"> <img loading="lazy" width="75" alt="AI Conference" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/best-bank-ai.png" > </a> <a class="hdr_btm_lgo " title="BT 500" href="https://www.businesstoday.in/bt500" target="_self"> <img loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-500-new.png" alt="BT 500"> </a> </div> </div> </div> </div> </header> <div class="ato_srh_wrp"> <div class="srh_opn_wrp"> <div class="srh_mdl_cnt"> <span class="mdl_cls_btn" href="javascript:void(0)"><svg class="ks_icn ks_icn_close"><use xlink:href="#ks_icn_close"></use></svg></span> <div class="srh_mdl_fld"> <div class="srh_fld_lhs"> <span class="srh_mdl_icn"><svg class="ks_icn ks_icn_search" fill="#fff" width="32" height="32" version="1.1" viewBox="0 0 32 32" xml:space="preserve" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g><path d="M31.698 30.26l-8.261-8.13c2.164-2.324 3.492-5.451 3.493-8.889v-0c-0.066-7.327-6.021-13.241-13.358-13.241-0.038 0-0.077 0-0.115 0l0.006-0c-0.032-0-0.069-0-0.107-0-7.339 0-13.296 5.919-13.356 13.245l-0 0.006c0.060 7.331 6.017 13.25 13.356 13.25 0.038 0 0.075-0 0.113-0l-0.006 0c0.008 0 0.018 0 0.027 0 3.207 0 6.154-1.115 8.474-2.979l-0.026 0.021 8.293 8.162c0.189 0.185 0.447 0.299 0.732 0.299s0.544-0.114 0.733-0.299l-0 0c0.188-0.183 0.305-0.439 0.305-0.723s-0.116-0.538-0.303-0.721l-0-0zM13.463 24.46c-0.027 0-0.058 0-0.089 0-6.21 0-11.251-5.008-11.303-11.206l-0-0.005c0.052-6.203 5.093-11.211 11.303-11.211 0.031 0 0.063 0 0.094 0l-0.005-0c0.027-0 0.058-0 0.089-0 6.21 0 11.251 5.008 11.303 11.206l0 0.005c-0.052 6.203-5.093 11.211-11.303 11.211-0.031 0-0.063-0-0.094-0l0.005 0z"></path></g></svg></span> <input class="srh_mdl_inp siteSearch_dt" id="menusearch_dt" placeholder="Search News, Stock and Company" /> <span class="srh_clr_btn clr_all_btn" id="clr_all_btn">Clear all</span> </div> <div class="srh_fld_rhs"><span class="srh_mdl_btn" id="searchButtonId" href="javascript:void(0)" style="pointer-events: none">Search</span></div> </div> <div class="srh_rsl_wdg"> <h2 class="srh_wdg_hdr"><span class="srh_wdg_ttl" href="javascript:void(0)">COMPANIES</span></h2> <div class="rsl_cmp_lst" id="miniCompanyData">No Data Found</div> </div> <div class="srh_rsl_wdg" id="minIndisesHTML" style="display:none"> <h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" title="indices analysis" alt="indices analysis" href="/indices">INDICES ANALYSIS</a></h2> <div class="srh_rsl_hdr" id="minIndisesData">No Data Found</div> </div> <div class="srh_rsl_wdg" id="minAmchtml" style="display:none"> <h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" title="indices analysis" alt="amcs" href="/mutual-funds/amc">AMCs</a></h2> <div class="srh_rsl_hdr" id="minAmcData">No Data Found</div> </div> <div class="srh_rsl_wdg" id="minMutualfundhtml" style="display:none"> <h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" title="indices analysis" alt="mutual funds" href="/mutual-funds">MUTUAL FUNDS</a></h2> <div class="srh_rsl_hdr" id="minMutualfundData">No Data Found</div> </div> <div class="srh_rsl_wdg"> <h2 class="srh_wdg_hdr"><span class="srh_wdg_ttl" href="javascript:void(0)">NEWS</span></h2> <div class="rsl_nws_lst" id="miniContentData">No Data Found</div> </div> </div> </div> </div> <div class="mnu_nav_wrp"> <div class="mnu_nav_hdr"> <div class="container"> <div class="mnu_hdr_cnt"> <span class="mnu_cls_btn" href="javascript:void(0)"><svg class="ks_icn ks_icn_close"><use xlink:href="#ks_icn_close"></use></svg></span> <div class="mnu_hdr_rhs"> <div class="mnu_srh_wrp srh_opn_btn"> <span class="mnu_srh_icn"><svg class="ks_icn ks_icn_search" fill="#fff" width="32" height="32" version="1.1" viewBox="0 0 32 32" xml:space="preserve" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g><path d="M31.698 30.26l-8.261-8.13c2.164-2.324 3.492-5.451 3.493-8.889v-0c-0.066-7.327-6.021-13.241-13.358-13.241-0.038 0-0.077 0-0.115 0l0.006-0c-0.032-0-0.069-0-0.107-0-7.339 0-13.296 5.919-13.356 13.245l-0 0.006c0.060 7.331 6.017 13.25 13.356 13.25 0.038 0 0.075-0 0.113-0l-0.006 0c0.008 0 0.018 0 0.027 0 3.207 0 6.154-1.115 8.474-2.979l-0.026 0.021 8.293 8.162c0.189 0.185 0.447 0.299 0.732 0.299s0.544-0.114 0.733-0.299l-0 0c0.188-0.183 0.305-0.439 0.305-0.723s-0.116-0.538-0.303-0.721l-0-0zM13.463 24.46c-0.027 0-0.058 0-0.089 0-6.21 0-11.251-5.008-11.303-11.206l-0-0.005c0.052-6.203 5.093-11.211 11.303-11.211 0.031 0 0.063 0 0.094 0l-0.005-0c0.027-0 0.058-0 0.089-0 6.21 0 11.251 5.008 11.303 11.206l0 0.005c-0.052 6.203-5.093 11.211-11.303 11.211-0.031 0-0.063-0-0.094-0l0.005 0z"></path></g></svg></span> <input class="mnu_srh_inp" type="text" placeholder="Search latest News, Stock, Mutual Fund and Industry" /> </div> <span title="sign in" alt="sign in" class="mnu_log_btn ssoSignIn" id="signIn" role="link">Sign in <svg class="ks_icn ks_icn_user_circle"><use xlink:href="#ks_icn_user_circle"></use></svg></span> <div class="is_userLogin" id="nav-login"></div> <a title="subscribe" alt="subscribe" id="loginSubscribedBtnId" onclick="gtag('event', ' Sub_Top_Button', { 'event_category': 'BT_PaywallEvent', 'event_label': 'BT_PaywallEvent', 'value': 1 });" target="_blank" class="hdr_sbs_btn" href="https://subscriptions.intoday.in/businesstoday?utm_source=website">Subscribe</a> </div> </div> </div> </div> <div class="mnu_nav_bdy"> <div class="container"> <div class="mnu_nav_cnt"> <div class="mnu_nav_lhs"> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Home" href="https://www.businesstoday.in" target="_self"> Home </a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="India" href="https://www.businesstoday.in/india" target="_self"> India </a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Magazine" href="https://www.businesstoday.in/magazine" target="_self"> Magazine </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Cover Story" href="https://www.businesstoday.in/magazine/cover-story">Cover Story</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Editor's Note" href="https://www.businesstoday.in/magazine/editors-note">Editor's Note</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Deep Dive" href="https://www.businesstoday.in/magazine/deep-dive">Deep Dive</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Interview" href="https://www.businesstoday.in/magazine/interview">Interview</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="The Buzz" href="https://www.businesstoday.in/magazine/the-buzz">The Buzz</a> </li> </ul> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="BT TV" href="https://www.businesstoday.in/bt-tv" target="_self"> BT TV </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Market Today" href="https://www.businesstoday.in/bt-tv/market-today">Market Today</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Easynomics" href="https://www.businesstoday.in/bt-tv/easynomics">Easynomics</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Drive Today" href="https://www.businesstoday.in/bt-tv/drive-today">Drive Today</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="BT Explainer" href="https://www.businesstoday.in/bt-tv/bt-explainer">BT Explainer</a> </li> </ul> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Market Today" href="https://www.businesstoday.in/markets" target="_self"> Market Today </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Trending Stocks" href="https://www.businesstoday.in/markets/trending-stocks">Trending Stocks</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Indices" href="https://www.businesstoday.in/indices">Indices</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Stocks List" href="https://www.businesstoday.in/stocks">Stocks List</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Stocks News" href="https://www.businesstoday.in/markets/company-stock">Stocks News</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Share Market News" href="https://www.businesstoday.in/markets/stocks">Share Market News</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="IPO Corner" href="https://www.businesstoday.in/markets/ipo-corner">IPO Corner</a> </li> </ul> </li> </ul> <ul class="mnu_nav_ul"> <li class="mnu_nav_li child-dropdown " > <a class="mnu_nav_lnk" title="Tech Today" href="https://www.businesstoday.in/tech-today" target="_self"> Tech Today </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Unbox Today" href="https://www.businesstoday.in/tech-today/unboxing-reviews">Unbox Today</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Authen Tech" href="https://www.businesstoday.in/tech-today/explainers">Authen Tech</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Tech Deck" href="https://www.businesstoday.in/tech-today/enterprise-tech">Tech Deck</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Tech Shorts" href="https://www.businesstoday.in/visualstories/technology">Tech Shorts</a> </li> </ul> </li> </ul> <ul class="mnu_nav_ul mnu_nav_mob"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Money Today" href="https://www.businesstoday.in/personal-finance" target="_self"> Money Today </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Tax" href="https://www.businesstoday.in/personal-finance/tax">Tax</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Investment" href="https://www.businesstoday.in/personal-finance/investment">Investment</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Insurance" href="https://www.businesstoday.in/personal-finance/insurance">Insurance</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Tools & Calculator" href="https://www.businesstoday.in/tools-and-calculators">Tools & Calculator</a> </li> </ul> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Mutual Funds" href="https://www.businesstoday.in/mutual-funds" target="_self"> Mutual Funds </a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Industry" href="https://www.businesstoday.in/industry" target="_self"> Industry </a> <ul class="mnu_nav_ul"> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Banking" href="https://www.businesstoday.in/industry/banks">Banking</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="IT" href="https://www.businesstoday.in/industry/it">IT</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Auto" href="https://www.businesstoday.in/auto">Auto</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Energy" href="https://www.businesstoday.in/industry/energy">Energy</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Commodities" href="https://www.businesstoday.in/commodities">Commodities</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Pharma" href="https://www.businesstoday.in/industry/pharma">Pharma</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Real Estate" href="https://www.businesstoday.in/personal-finance/real-estate">Real Estate</a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Telecom" href="https://www.businesstoday.in/industry/telecom">Telecom</a> </li> </ul> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="Visual Stories" href="https://www.businesstoday.in/visualstories" target="_self"> Visual Stories </a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="BT Reels" href="https://www.businesstoday.in/short-videos" target="_self"> BT Reels </a> </li> <li class="mnu_nav_li"> <a class="mnu_nav_lnk" title="PMS Today" href="https://www.businesstoday.in/pms" target="_self"> PMS Today </a> </li> </ul> </div> <div class="mnu_nav_rhs"> <ul class="mnu_lnk_ul"> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="US News" href="https://www.businesstoday.in/world/us" target="_self"> US News </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="Economic Indicators" href="https://www.businesstoday.in/economic-indicators" target="_self"> Economic Indicators </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="UPSTART" href="https://www.businesstoday.in/entrepreneurship" target="_self"> UPSTART </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="Weather" href="https://www.businesstoday.in/weather" target="_self"> Weather </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="BT Shorts" href="https://www.businesstoday.in/shorts" target="_self"> BT Shorts </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="NRI" href="https://www.businesstoday.in/nri" target="_self"> NRI </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="Education" href="https://www.businesstoday.in/education" target="_self"> Education </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="BT Golf" href="https://www.businesstoday.in/bt-golf/2024" target="_self"> <img loading="lazy" width="65" height="36" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/adani-bribery-scandal-the-breakdown/img/Logo-unit-horizontal.jpg" alt="BT Golf"> </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="AI Conference" href="https://www.businesstoday.in/ai-conference" target="_self"> <img loading="lazy" width="75" alt="AI Conference" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/best-bank-ai.png" > </a> </li> <li class="mnu_lnk_li"> <a class="mnu_lnk_lnk" title="BT 500" href="https://www.businesstoday.in/bt500" target="_self"> <img loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-500-new.png" alt="BT 500"> </a> </li> </ul> </div> </div> <div class="mnu_nav_btm"> <div class="mnu_btm_hdr"> <div class="mnu_btm_ttl_evt">events</div> <div class="mnu_btm_ttl"> <span class="mnu_btm_ttl_icn"><img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt_lgo_icon.svg" alt="" /></span> <span class="mnu_btm_ttl_txt">Special</span> </div> </div> <style type="text/css">.evt_drp_row:hover .hdr_drp_cnt { height: 370px !important; } .hdr_btm_lgo img {object-fit:cover} </style> <ul class="mnu_evt_ul"> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/india-at-100-economy-summit/2024"><img loading="lazy" alt="" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-adani-new.png" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt-schools"><img loading="lazy" alt="" height="12" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_best_school.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/thoughtworks"><img loading="lazy" alt="" height="11" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_thtwrk.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/wef-2024"><img loading="lazy" alt="" height="35" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/evt_lgo_btdavos.svg" width="59" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/coindcx-crypto-exchange"><img loading="lazy" alt="" height="34" src="https://akm-img-a-in.tosshub.com/sites/businesstoday/coindcx_logo.png" width="104" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="https://btmostpowerfulwomen.com/2024/"><img alt="" height="21" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/mpw-new.png" width="100" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/mindrush-2024/best-ceos"><img alt="" height="85" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/BT-Mindrush-logo.png" width="115" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt500"><img loading="lazy" alt="" height="25" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-500-new.png" width="79" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/accenture-leadership-dialogues"><img loading="lazy" alt="" height="17" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-accenture-new.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt-golf/2024"><img loading="lazy" alt="" height="36" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-golf/2023-24/img/bt-golf-2024.png" width="66" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/pwc-de-risking-the-future"><img loading="lazy" alt="" height="33" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-pwc-new.png" width="70" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/renewable-energy-summit"><img loading="lazy" alt="" height="27" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-renewable-new.png" width="58" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/banking-economy-summit"><img loading="lazy" alt="" height="49" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/best-bank-new.png" width="79" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="https://www.businesstoday.in/electric-vs-non-electric-vehicle-bt-evnomics-best-tool-to-calculate-ownership-cost-of-an-EV#/electric-vs-non-electric-vehicle-bt-evnomics-best-tool-to-calculate-ownership-cost-of-an-EV/"><img loading="lazy" alt="" height="10" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/eveconomics_new_18.png" width="120" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/tech-today-congress-summit-2023"><img alt="BT tech today" height="18" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/tech-today-logo-07112023.png" width="94" /></a></li> <li class="mnu_evt_li"><a class="mnu_evt_lnk" href="/bt500/wealth-creators-summit-2023"><img alt="BT 500 wealth creators summit" height="25" loading="lazy" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt500-wealth-creators.jpg" width="45" /></a></li> </ul> </div> </div> </div> </div> <svg aria-hidden="true" style="position: absolute; width: 0; height: 0; overflow: hidden;" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <defs> <symbol id="ks_icn_search" viewBox="0 0 32 32"> <path d="M31.698 30.26l-8.261-8.13c2.164-2.324 3.492-5.451 3.493-8.889v-0c-0.066-7.327-6.021-13.241-13.358-13.241-0.038 0-0.077 0-0.115 0l0.006-0c-0.032-0-0.069-0-0.107-0-7.339 0-13.296 5.919-13.356 13.245l-0 0.006c0.060 7.331 6.017 13.25 13.356 13.25 0.038 0 0.075-0 0.113-0l-0.006 0c0.008 0 0.018 0 0.027 0 3.207 0 6.154-1.115 8.474-2.979l-0.026 0.021 8.293 8.162c0.189 0.185 0.447 0.299 0.732 0.299s0.544-0.114 0.733-0.299l-0 0c0.188-0.183 0.305-0.439 0.305-0.723s-0.116-0.538-0.303-0.721l-0-0zM13.463 24.46c-0.027 0-0.058 0-0.089 0-6.21 0-11.251-5.008-11.303-11.206l-0-0.005c0.052-6.203 5.093-11.211 11.303-11.211 0.031 0 0.063 0 0.094 0l-0.005-0c0.027-0 0.058-0 0.089-0 6.21 0 11.251 5.008 11.303 11.206l0 0.005c-0.052 6.203-5.093 11.211-11.303 11.211-0.031 0-0.063-0-0.094-0l0.005 0z"></path> </symbol> <symbol id="ks_icn_user" viewBox="0 0 32 32"> <path d="M22.667 9.333c0 3.682-2.985 6.667-6.667 6.667s-6.667-2.985-6.667-6.667c0-3.682 2.985-6.667 6.667-6.667v0c3.682 0 6.667 2.985 6.667 6.667v0z"></path> <path d="M16 19.333c-6.68 0-12.12 4.48-12.12 10 0 0.368 0.298 0.667 0.667 0.667v0h22.907c0.368 0 0.667-0.298 0.667-0.667v0c0-5.52-5.44-10-12.12-10z"></path> </symbol> <symbol id="ks_icn_close" viewBox="0 0 20 20"> <path d="M10 8.586l-7.071-7.071-1.414 1.414 7.071 7.071-7.071 7.071 1.414 1.414 7.071-7.071 7.071 7.071 1.414-1.414-7.071-7.071 7.071-7.071-1.414-1.414-7.071 7.071z"></path> </symbol> <symbol id="ks_icn_arrow_right" viewBox="0 0 32 32"> <path d="M19.414 27.414l10-10c0.781-0.781 0.781-2.047 0-2.828l-10-10c-0.781-0.781-2.047-0.781-2.828 0s-0.781 2.047 0 2.828l6.586 6.586h-19.172c-1.105 0-2 0.895-2 2s0.895 2 2 2h19.172l-6.586 6.586c-0.39 0.39-0.586 0.902-0.586 1.414s0.195 1.024 0.586 1.414c0.781 0.781 2.047 0.781 2.828 0z"></path> </symbol> <symbol id="ks_icn_user_circle" viewBox="0 0 20 20"> <path d="M10 20c-5.523 0-10-4.477-10-10s4.477-10 10-10v0c5.523 0 10 4.477 10 10s-4.477 10-10 10v0zM7 6v2c0 1.657 1.343 3 3 3s3-1.343 3-3v0-2c0-1.657-1.343-3-3-3s-3 1.343-3 3v0zM3.35 14.44c1.456 2.155 3.89 3.553 6.65 3.553s5.194-1.398 6.632-3.525l0.018-0.028c-1.951-0.918-4.238-1.453-6.65-1.453s-4.699 0.536-6.748 1.495l0.098-0.041z"></path> </symbol> </defs> </svg> <style>.price_color{color:#ea0003}.strikethrough{text-decoration: line-through; text-decoration-color: #090909;}.blu_str-wrp{background-color:#00acf0;padding:6px 0;margin-bottom:10px;}.blu_str-cnt{align-items:center;display:flex;justify-content:center}.blu_str-lhs{padding:0 15px}.blu_str-rhs{padding:0 15px}.blu_str-ttl{color:#fff;display:block;font-size:1.7rem;line-height:1.2;font-weight: 600;}.blu_ylw-btn{background-color:#fff500;border-radius:4px;color:#ea0003;display:inline-block;font-size:1.4rem;font-weight:700;text-decoration:none;line-height:1.4;padding:2px 15px;text-transform:uppercase}@media (max-width:768px){.blu_str-cnt{justify-content:space-between}.blu_str-ttl{color:#fff;font-size:1.1rem;font-weight:600}.blu_str-lhs{padding:0 10px}.blu_str-rhs{flex-shrink:0;padding:0 10px}.blu_ylw-btn{font-size:1rem;padding:10px 8px}}</style><div class='blu_str-wrp'> <div class='blu_str-cnt'> <div class='blu_str-lhs'> <span class='blu_str-ttl'>Save 41% with our annual Print + Digital offer of Business Today Magazine </span> </div><div class='blu_str-rhs'> <a target='_blank' class='blu_ylw-btn' href='https://subscriptions.intoday.in/businesstoday?utm_source=web-top-banner'>SUBSCRIBE</a> </div></div></div> <div class="container"><div class="brdcum-fedback-main story-brdcrumb "> <div class="bradcum"> <div class="bredcumSeo"> <div class="bbd1"><a href="https://www.businesstoday.in" title="News">News</a></div> <div class="bbd1"><a title="Magazine" href="https://www.businesstoday.in/magazine">Magazine</a></div> <div class="bbd1"><a title="Features" href="https://www.businesstoday.in/magazine/features">Features</a></div> <span>Has the sun set on Paramount?</span> </div> <div class="fedback-sec"> <a href="https://www.businesstoday.in/userfeedback?ref=magazine%2Ffeatures%2Fstory%2Fhas-the-sun-set-on-paramount-17250-2010-04-14&feedbackto=story&siteId=1&type=feedback" target="_blank"><svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 55 55" style="enable-background:new 0 0 55 55;" xml:space="preserve"> <g> <path d="M3.477,52.5c-0.79,0.01-1.202-0.546-1.042-1.333c0.582-2.884,1.18-5.763,1.767-8.646c0.143-0.703,0.289-1.408,0.392-2.116c0.107-0.727,0.493-1.227,1.014-1.739c2.81-2.756,5.571-5.562,8.355-8.347c5.22-5.226,10.448-10.448,15.663-15.683c0.489-0.489,0.854-0.521,1.358-0.01c3.068,3.101,6.163,6.18,9.246,9.268c0.62,0.62,0.626,0.757,0.004,1.382c-3.739,3.73-7.486,7.451-11.217,11.184c-4.204,4.2-8.42,8.39-12.573,12.638c-0.774,0.79-1.65,1.106-2.656,1.309C10.445,51.079,7.103,51.76,3.76,52.44C3.637,52.464,3.518,52.492,3.477,52.5z"/> <path d="M52.599,12.01c-0.36,0.697-0.547,1.375-0.974,1.828c-1.618,1.714-3.305,3.36-4.975,5.02c-0.547,0.541-0.897,0.521-1.454-0.035c-3.05-3.048-6.097-6.099-9.145-9.148c-0.558-0.559-0.568-0.869-0.004-1.438c1.624-1.639,3.248-3.278,4.891-4.896c1.149-1.133,2.62-1.119,3.761,0.018c2.268,2.256,4.547,4.502,6.773,6.803C51.942,10.645,52.199,11.337,52.599,12.01z"/> </g> </svg></a> <a href="https://www.businesstoday.in/userfeedback?ref=magazine%2Ffeatures%2Fstory%2Fhas-the-sun-set-on-paramount-17250-2010-04-14&feedbackto=story&siteId=1&type=feedback" target="_blank"><p>Feedback</p></a> </div> </div> </div></div> <div class="bt-story-body"> <div class="bt-story-header"> <div class="bt-story-container"> <h1 class="bt-story-heading headline">Has the sun set on Paramount?</h1> <div class="bt-story-header-sub-heading summary">With three years of profits, Paramount Airways, an all-business class carrier, was the poster boy in Indian aviation. But, a flawed business model has left it with just one flying aircraft.</div> <div class="bt-story-header-profile-container"> <div class="bt-story-author"> <div class="bt-story-profile-image"> <svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 55 55" style="enable-background:new 0 0 55 55;" xml:space="preserve"> <g> <circle style="fill:none;stroke:#D2D2D2;stroke-miterlimit:10;" cx="27.5" cy="27.5" r="24.597"/> <g> <g> <path style="fill:#D2D2D2;" d="M27.543,28.098c-3.06,0-5.549-2.489-5.549-5.549S24.483,17,27.543,17s5.549,2.489,5.549,5.549S30.602,28.098,27.543,28.098z M27.543,17.822c-2.607,0-4.727,2.121-4.727,4.727s2.12,4.727,4.727,4.727s4.727-2.121,4.727-4.727S30.149,17.822,27.543,17.822z"/> </g> <g> <path style="fill:#D2D2D2;" d="M16.819,38l-0.819-0.073c0.544-6.072,5.469-10.651,11.456-10.651c6.027,0,11.097,4.681,11.542,10.657l-0.82,0.061c-0.414-5.549-5.124-9.896-10.723-9.896C21.898,28.098,17.325,32.355,16.819,38z"/> </g> </g> </g> </svg> </div> <div class="bt-story-profile"> <div class="bt-story-profile-name-parent"> <div class="bt-story-profile-name">K.R. Balasubramanyam</div> and <div class="bt-story-profile-name">Kushan Mitra</div> </div> <span class="prt_edt_txt">Print Edition: May 02, 2010</span> </div> </div> </div> </div> <!-- bt story container end --> </div> <div class="bt-story-main-image-container"> <div class="bt-story-container"> <div class="header-bt-image"><img width="1000" height="563" title="" src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/default.png?size=1000:563" alt="" /></div> <div class="bt-story-image-title"></i></div> </div> </div> <!-- bt story main image container end --> <div class="bt-story-text-container"> <div class="bt-story-container paywall"> <div id="descriptionStoryId"> <div class="text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Even by the motley standards of Indian aviation— there are nearly a dozen airlines and service variants with diverse models—Paramount Airways made for the odd man out. It was the lone all-business class carrier flying domestic skies, it was the only airline to fly Embraer-made jets, it was a regional operator long before the nomenclature became common, it flew its five planes with the highest passenger occupancy among all peers, and it had profits three years on the trot in an industry that in 2008-09 alone accounted for some Rs 10,000 crore losses.</p><p>The airline seemed to have got everything right: Its medium-sized planes with a capacity of 70-75 seats qualified for a waiver of landing fees at airports and paid just four per cent sales tax on fuel (versus up to 34 per cent for larger jets), its ticket yields were a healthy Rs 4,200 (at par with Kingfisher and a third more than SpiceJet), and had a loyal following won over by gourmet on-board meals and on-time performance. </p><p>"For some of us looking at the regional carrier space, Paramount was the model to emulate," recalls Ankur Bhatia, Executive Director, Bird Group, a travel services company. Paramount continues to be the odd man out today. It is an airline with no planes. Almost. Between December and now, the airline's two lessors—GE Capital Aviation Services and ECC Leasing Company (a unit of Embraer, Brazil)—have taken back or are in the process of doing so five planes the Chennai airline had leased from them. Reason: Non-payment of lease rentals and dues, and suspicion that Paramount was cannibalising spare parts from one plane to keep others airworthy.</p><p>Some eight months ago, Paramount promoter M. Thiagarajan, a lanky 32-year-old with the demeanour of a techie, had plans all ready to expand to north India from the south where the airline flew between cities such as Madurai, Chennai, Bangalore, Thiruvananthapuram, and Coimbatore. His model worked splendidly: With just one per cent aircraft seat capacity nationally, he commanded a market share double that by flying his planes more and fuller. His share in the southern market: An admirable 26 per cent.</p><p>That is all but over and Thiagarajan is fighting court battles with lessors in the Indian Supreme Court and Royal Courts of Justice, London, even as the aviation regulator, Director General of Civil Aviation, is considering withdrawing the airline's licence to run scheduled services.</p><p>Aviation rules mandate a carrier has at least five aircraft to run scheduled services. To be sure, in the past, airlines such as GoAir and MDLR have run their services with fewer planes for short periods of time, but a telling sign of Paramount's troubles is that it does not figure in the summer schedule on the regulator's website. "We are looking into the impact of deregistration of aircraft on the status of the airline," says S.N.A. Zaidi, the Director General, without elaborating.</p><p>What went wrong? The story of Paramount, owned by a Tamil business family with a heritage in banking and textiles, is as intriguing as it comes. After at least two dozen interviews and weeks of poring over legal filings and regulatory documents, here's what Business Today found of the inside story at the feted airline that's lost all but its wings.</p><p><strong>Diwali Shocker</strong><br />The airline's cash flow problems aggravated six months ago, say people familiar with the matter. Its employees had an inkling of brewing problems in October, the month of Diwali last year, when salaries came late. Even before that, the company, say insiders, had difficulties with its payroll, but managed by making salary payouts in tranches: First paying pilots and bottom-rung workers, and then those at the middle level, but this could not be independently confirmed.</p><p>The Diwali problems compounded when GECAS, as the GE lessor is better known, hauled Paramount before DGCA to deregister three Embraer jets the airline had leased. Pending payments from the airline had amounted to $821,213.42 (about Rs 3.7 crore) by July 2009, prompting the lessor to send a grounding notice on the 20th of that month, documents from proceedings at the Royal Courts of Justice show. The amount was paid, but a series of defaults followed, according to GECAS' version quoted in court proceedings. </p><p>A lease termination notice was served on October 14— three days before Diwali. Three Embraer planes from GECAS no longer fly on Paramount's deep blue colours. GECAS declined comment saying it does not comment on client-specific deals. Even ECC, the Embraer leasing unit, has terminated its lease on its two planes rented to Paramount and is determined to recover its planes. "ECC Leasing is pursuing deregistration of the two aircraft leased to the airline with the DGCA. ECC is also following a legal process in India to repossess our aircraft due to events of default (on the lease payments) by Paramount since 2009. Arbitration is in due course in London for payments," ECC told BT through its spokeswoman in Singapore. </p><p>One of the ECC jets is grounded and the other makes for the lone one flying for Paramount. A Madras High Court order in December that restrained ECC from recovering its two jets shows the extent of the embittered relationship between the two. On July 31, 2009, according to the order, the airline told ECC in an e-mail that it had transferred some $1.5 million electronically to the lessor's bank account. ECC never received the money. </p><p>On enquiry, Paramount's local bank—Axis Bank—informed ECC on August 5 that the transfers were not intended for the lessor. That same day, Paramount wired $1.1 million to ECC, but the episode left the Embraer unit very bitter. "Despite the receipt of the said payment, the applicant (ECC) seeks repossession of the Air-crafts (sic), on the ground that the trustworthiness is gone due to the false mail sent on 31.7.2009...," the order said while summarising arguments of both Paramount and ECC.</p><p>A combative Thiagarajan says GECAS has $49 million from Paramount in maintenance claims, a caution deposit and a maintenance deposit. "We told GECAS in September-October last year that ‘You owe us a lot of money, so adjust it against the lease rentals payable' because we had no intention of renewing the lease of the three jets set to expire in October this year," he told BT. </p><p>"So, we stopped paying lease rentals from October end (2009)." Paramount has booked planes—four Embraer jets and 10 Airbus-made planes—that start arriving in May, he insists. This is where the story gets murkier. Both Airbus and Embraer deny they have any orders from Paramount. A June 2009 deal to buy 10 A-321 planes (with the option of picking up another 10) that Paramount repeatedly points to with Airbus is just an intent to do so, Airbus India President Kiran Rao said. </p><p>"We signed a Memorandum of Understanding with them at an air show, that does not equate to an order," he says. Embraer, too, told BT that Paramount has "no aircraft orders with us presently". Thiagarajan's answer is that he may prefer to lease from elsewhere or make outright purchases. "With several aircraft grounded, there are opportunities to get them—either on rental or on purchase—at cheaper prices," he says. </p><p>That will be tough because the world of aircraft lessors is a close-knit one with airline reputations marked and checked closely. Paramount could, then, find leasing planes virtually impossible, leaving it with only expensive purchase options. Example: Airline lessors were wary of leasing to Indian firms in the mid '90s after ModiLuft and East West Airlines went belly up.</p><p><strong>Costs, the Drag</strong><br />An investment banker from Chennai, who does not want his name taken, says what Paramount is going through is a classic "heart-over-mind" behaviour seen among deeply-driven entrepreneurs. "Perhaps, Thiagarajan was not aware how hard an airline can guzzle money, until he experienced it. He was driven more by passion and integrity, not logic," he says.</p><p>A close parallel could be Capt. G.R. Gopinath, the man who seeded lowcost aviation in India through Air Deccan, but was forced to exit in four years after funds dried up. Being a private company (the only outside investors are Kotak Private Equity and Bennett, Coleman & Co. that together hold five per cent), Paramount is not required to make its financial data public. The only publicly available numbers are its profit figures filed with DGCA and presented to the Lok Sabha by Civil Aviation Minister Praful Patel. </p><p>The carrier made a profit of Rs 7.26 crore in 2008-09 and waferthin profits in the two years before. In Paramount's instance, experts think it's the steep lease rentals and fuel costs that did the airline in and offset all gains from lower sales taxes on fuel and exemptions from landing and parking charges at airports. Lease rentals on an Embraer E170 or E175 plane were at nearly $180,000 a month, about three times what an ATR turboprop costs, an analyst says. "An airline can hope to make profits if it can keep its lease rentals at around 15-16 per cent of its revenues. </p><p>But in the case of Paramount, it was at an unsustainable 37 per cent in 2007-08, 30 per cent in 2008-09 and about 20 per cent in 2009-10," estimates Mahantesh Sabarad, Senior Analyst with Fortune Financial Services, a Mumbai-based broking firm. Still, a more fundamental reason for Paramount's troubles, experts point out, was its flawed business model. Thiagarajan used long-haul, small commercial jets to fly short routes. The reason behind this argument becomes clear when one looks at one measure of airline performance with ‘Cost per Available Seat Mile', or CASM. Embraer E-170 planes operated by Paramount do not compare favourably with ATR turboprops used by Jet Airways and Kingfisher even though both types of aircraft carry around 70-odd passengers. </p><p>Data from the US and Europe show Embraer jets have a 20-25 per cent higher CASM. This should not make a difference on what airlines call "long-thin" routes—that is longer routes with lower passenger demand (such as Chandigarh-Bangalore or Lucknow-Chennai), because ATR turboprops are not designed to fly long routes and fast. But on shorter routes, the jet's speed advantage gets negated and they waste fuel in taking-off and landing. Worse, because most of Paramount's routes were in the 500-km range, the planes had to fly at lower altitudes, which again guzzled fuel. Paramount seems to have learnt this lesson: A company insider says a few Q-400 turboprops from ATR rival Bombardier may be an option to replace the seized Embraers.</p><p>That may, then, be the way forward for Thiagarajan: Low-cost, short haul. "Executive travel is being permitted only on a ‘need to fly' basis. For the VFR (visiting friends, family and relative) segment, especially in the tier-II towns, the ability to get higher RPKM (rupees per passenger kilometre) is limited," says Amber Dubey, Director (Aerospace) at the consulting firm KPMG.</p><p>The road back to business is going to be very arduous for Thiagarajan. The Paramount brand has suffered with cancellations and safety scrutiny by the regulator (remember the cannibalised plane?). He has very few options: Pump in substantially more than the $100 million he has already invested. Or, close shop and let Paramount be another casualty of the dogfight that Indian aviation is. Both choices are painful, sadly.</p></div> </p><div class="description"><div class="story-recommended-chunk" id="story_recommended_chunk"></div></div> </div> </div> </div> <div class="share-click"> <svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 784.2 696.2" style="enable-background:new 0 0 784.2 696.2;" xml:space="preserve"> <rect y="0" class="st0" width="784.1" height="696"></rect> <g> <path class="st1" d="M600.8,178.2c0,38.1-30.9,69-69,69s-69-30.9-69-69c0-38.1,30.9-69,69-69S600.8,140.1,600.8,178.2z"> </path> <path class="st1" d="M531.7,263.2c-46.8,0-84.9-38.1-84.9-84.9c0-46.8,38.1-84.9,84.9-84.9s84.9,38.1,84.9,84.9 C616.7,225.1,578.6,263.2,531.7,263.2z M531.7,125.1c-29.3,0-53.1,23.8-53.1,53.1c0,29.3,23.8,53.1,53.1,53.1 c29.3,0,53.1-23.8,53.1-53.1C584.8,149,561,125.1,531.7,125.1z"></path> <path class="st1" d="M600.8,518c0,38.1-30.9,69-69,69s-69-30.9-69-69c0-38.1,30.9-69,69-69S600.8,479.9,600.8,518z"> </path> <path class="st1" d="M531.7,602.9c-46.8,0-84.9-38.1-84.9-84.9c0-46.8,38.1-84.9,84.9-84.9s84.9,38.1,84.9,84.9 C616.7,564.8,578.6,602.9,531.7,602.9z M531.7,464.9c-29.3,0-53.1,23.8-53.1,53.1c0,29.3,23.8,53.1,53.1,53.1 c29.3,0,53.1-23.8,53.1-53.1C584.8,488.7,561,464.9,531.7,464.9z"></path> <path class="st1" d="M303.5,348.1c0,38.1-30.9,69-69,69c-38.1,0-69-30.9-69-69s30.9-69,69-69C272.6,279.1,303.5,310,303.5,348.1z"> </path> <path class="st1" d="M234.5,433c-46.8,0-84.9-38.1-84.9-84.9s38.1-84.9,84.9-84.9c46.8,0,84.9,38.1,84.9,84.9S281.3,433,234.5,433z M234.5,295c-29.3,0-53.1,23.8-53.1,53.1s23.8,53.1,53.1,53.1c29.3,0,53.1-23.8,53.1-53.1S263.7,295,234.5,295z"> </path> <path class="st1" d="M284.6,337.9c-7.4,0-14.6-3.8-18.5-10.7c-5.8-10.2-2.2-23.1,7.9-29l197-112.3c10.2-5.8,23.1-2.3,29,7.9 c5.8,10.2,2.2,23.1-7.9,29l-197,112.3C291.8,337,288.2,337.9,284.6,337.9z"></path> <path class="st1" d="M481.6,513.1c-3.6,0-7.2-0.9-10.5-2.8L274.1,398c-10.2-5.8-13.7-18.8-7.9-29c5.8-10.2,18.8-13.8,29-7.9 l197,112.3c10.2,5.8,13.7,18.8,7.9,29C496.2,509.3,489,513.1,481.6,513.1z"></path> </g> </svg> </div> <div class="social-wrapper"> <ul> <li><a class="whatsappshare shr_icn" data-activity="whatsapp_share" href="https://web.whatsapp.com:/send?text=Has+the+sun+set+on+Paramount%3F via @business_today https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14?utm_source=btweb_story_share" target="_blank" data-action="share/whatsapp/share" aria-label="#" ><img src="https://akm-img-a-in.tosshub.com/sites/test/bt/markettoday/images/scl_icn_wp.svg" alt="Whatsapp"></a></li> <li><a class="shr_icn" data-activity="twitter_share" onclick="window.open('http://twitter.com/share?url=https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14?utm_source=btweb_story_share&text=Has+the+sun+set+on+Paramount%3F... via @business_today ', 'twitter_share', 'height=320', 'width=640', 'toolbar=no', 'menubar=no', 'scrollbars=no', 'resizable=no', 'location=no', 'directories=no', 'status=no')" href="javascript:void(0)"><img src="https://akm-img-a-in.tosshub.com/sites/test/bt/markettoday/images/scl_icn_tw_new3.svg" alt="Twitter"></a></li> <li><a class="shr_icn" data-activity="facebook_share" onclick="window.open('http://www.facebook.com/sharer/sharer.php?u=https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14?utm_source=btweb_story_share&caption=Has the sun set on Paramount? via @https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14?utm_source=btweb_story_share', 'facebook_share', 'height=320', 'width=640', 'toolbar=no', 'menubar=no', 'scrollbars=no', 'resizable=no', 'location=no', 'directories=no', 'status=no')" href="javascript:void(0)"><img src="https://akm-img-a-in.tosshub.com/sites/test/bt/markettoday/images/scl_icn_fb.svg" alt="Facebook"></a></li> <li class="share-button"><svg xmlns="SVG namespace " viewBox="0 0 24 24" width="24px" height="24px"><path d="M 4.9902344 3.9902344 A 1.0001 1.0001 0 0 0 4.2929688 5.7070312 L 10.585938 12 L 4.2929688 18.292969 A 1.0001 1.0001 0 1 0 5.7070312 19.707031 L 12 13.414062 L 18.292969 19.707031 A 1.0001 1.0001 0 1 0 19.707031 18.292969 L 13.414062 12 L 19.707031 5.7070312 A 1.0001 1.0001 0 0 0 18.980469 3.9902344 A 1.0001 1.0001 0 0 0 18.292969 4.2929688 L 12 10.585938 L 5.7070312 4.2929688 A 1.0001 1.0001 0 0 0 4.9902344 3.9902344 z"></path></svg></li> </ul> </div> </div> <div id="magazinePayWallStrip"></div> <div id="snowplowid" type="story" contentId="17250"></div> <script> var share_click = document.querySelector('.share-click'); var social_wrapper = document.querySelector('.social-wrapper'); var isMobileShareOpen = false; share_click && share_click.addEventListener('click',function(e){ e.stopPropagation(); social_wrapper.classList.contains('active') ? (social_wrapper.classList.remove('active'),isMobileShareOpen = false) : (social_wrapper.classList.add('active'),isMobileShareOpen = true); }); document.addEventListener('click',function(){social_wrapper.classList.remove('active')}); social_wrapper && social_wrapper.addEventListener('click',function(e){e.stopPropagation();}); var social_click_close = document.querySelector('.social-wrapper ul li.share-button'); social_click_close && social_click_close .addEventListener('click',function(){ social_wrapper.classList.remove('active'); isMobileShareOpen = false; }); function _scroll_manage(){ window.addEventListener('scroll',function(){ let currentScroll = window.scrollY; let doc_height = (document.body.scrollHeight - (window.innerHeight * 1.5)); if(window.innerWidth > 480){currentScroll >= doc_height ? social_wrapper && (social_wrapper.style.display = "none") : social_wrapper && (social_wrapper.style.display = "block");} else{ if(currentScroll >= doc_height){ share_click.classList.add('remove'); social_wrapper.classList.remove('active'); } else{ share_click.classList.remove('remove') isMobileShareOpen && (social_wrapper.classList.add('active')) } } }); } window.addEventListener('load',function(){ _scroll_manage(); }); window.addEventListener('DOMContentLoaded',function(){ let _storyIframes = document.querySelectorAll('.bt-story-text-container .embedcode iframe'); _storyIframes.forEach(function(el){ let _src = el.getAttribute('src') if(_src.includes('embed.businesstoday')){ let _parent = el.closest('.embedcode'); _parent && (_parent.classList.add('bt-emobed-video')); } }) }); </script> <style type="text/css">.mrk_wdg_box {padding:45px 20px 20px !important;} .ad_pg_btm > div:not(.adtext) { min-height: 50px; width: auto; } .highlight a{color: #fcaf2d;} @media only screen and (max-width: 991px) .bottomNav { z-index: 888; display: block; position: fixed; bottom: -1px; left: 0px; background-color: #ffffff; padding: 8px 0px; width: 100%; box-shadow: 0px -5px 6px #00000029; } @media only screen and (max-width: 1024px){ .ato_srh_opn { margin: 0; } } </style> <script type="text/javascript"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src="https://www.clarity.ms/tag/"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, "clarity", "script", "juv2prgiw6"); </script><script type="text/javascript"> WebFontConfig = { google: { families: ['Poppins:400,500,600,700,800&display=swap'] } }; (function() { var wf = document.createElement('script'); wf.src = ('https:' == document.location.protocol ? 'https' : 'http') + '://ajax.googleapis.com/ajax/libs/webfont/1.5.18/webfont.js'; wf.type = 'text/javascript'; wf.async = 'true'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(wf, s); })(); </script><!--<script id="aff_widget_config"> var itgd_aff = []; let itgd_aff_version = "3.3.11"; itgd_aff['amazon'] = itgd_aff || []; itgd_aff['amazon'].push({ "domain": "aajtak", "productCount": 3, "productName": "", "productCategory": "", "displayOutput": "#shoppingWidget", "regularView": "#shoppingWidget", "mobileView": "#shoppingWidget_mobile", "layout": "horizontal" }); function loadShoppingScript(url) { var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = url; var x = document.getElementsByTagName('head')[0]; x.appendChild(s); } loadShoppingScript("https://akm-img-a-in.tosshub.com/aajtak/resource/js/bt_amazon_products_prod.js?version=" + itgd_aff_version); </script>--><script> var rosURL = new URL(window.location.href); var magURL = rosURL.pathname.indexOf('/magazine'); var magissueURL = rosURL.pathname.indexOf('/magazine/issue/'); if (magURL == 0 || magissueURL > 0) { const sponsoredWidget = document.querySelector(".sponsored_widget"); sponsoredWidget?.classList.add("magazine_sponsored"); } if (rosURL.pathname.indexOf('/wef-2022') == 0 ) { if(atViewPort=='mobile'){document.getElementById('div-gpt-ad-1506670791889-4').parentElement.style.cssText = 'display:none;'} } </script> <style type="text/css">.main_nav > ul li {margin-right: 13px;} .cnv_art_dte{display:none} .embedcode:has(.twitter-tweet){ padding-bottom:0px;} *{padding:0; margin:0;} @media (max-width: 991px){ .bth_top-hed-menu{width: 100%;} } .industry_logo:before{content: 'New';display: block;color: #FFFFFF;font-size: 9px;font-weight: 700;line-height: 10px;background: #FF3B3B;border-radius: 2px;position: absolute;right: 0;padding: 0px 2px;top: 17px;} .industry_logo{position: relative;} @media only screen and (max-width:1024px) {.industry_logo:before {left:0;right:auto;}} .iconsnav ul li.bt-mind a svg {width: 45px;height: 27px;position: relative;top: 7px;} @media only screen and (max-width: 1024px){.iconsnav ul{padding-top: 5px;padding-bottom: 10px;}.iconsnav ul li:first-child {width: 100%;}.iconsnav ul li:nth-child(2) {width: 100%;}.iconsnav ul li:nth-child(3) {width: 100%;}}.iconsnav ul li.mpw {display: inline-block;}.iconsnav ul li.mpw a {line-height: 30px;}.iconsnav ul li.mpw a svg {top: 4px;} .iconsnav ul li.icn_lg a svg {width: 65px;} .footer-cent{margin:0 auto; max-width:1270px;} .sponsored_widget.magazine_sponsored{margin-top:10px;} #bt-footer{font-family: 'Roboto', sans-serif; width:100%; display:inline-block; background-color:#112838; padding: 17px 4% 0;box-sizing: border-box;} #bt-footer .toprow{width:100%; display:inline-block;} #bt-footer .toprow .bt-text-logo{float:left;} #bt-footer .toprow ul.social{list-style:none; float:right; padding:0; margin:0;} #bt-footer .toprow ul.social li{display:inline; margin-left:30px;} #bt-footer .toprow ul.social li.fb svg{width:19px; height:28px; fill:#b1b4b9} #bt-footer .toprow ul.social li.tw svg{width:24px; height:26px; fill:#b1b4b9} #bt-footer .botrow{display:inline-block; width:100%; border-bottom:1px solid #46494e; padding:14px 0;} #bt-footer .botrow ul{list-style:none; padding:0; margin:0;} #bt-footer .botrow ul li{display:inline; margin-right:30px;} #bt-footer .botrow ul li a{color:#fdc360; font-size:16px; font-weight:500; text-decoration:none;} #bt-footer .footer-nav{display:inline-block; width:100%; margin:25px 0 15px; border-bottom:1px solid #46494e; padding-bottom:25px; border-top:1px solid #46494e; padding-top:25px;} #bt-footer .footer-nav .fcol{width:151px; border-left:1px solid #464a4d; float:left; padding: 0px 10px 0 60px;} #bt-footer .footer-nav .fcol:first-child{width:160px; border-left:0; padding-left:0} #bt-footer .footer-nav .fcol:last-child{width:90px;} #bt-footer .footer-nav ul{list-style:none; padding:0; margin:0;} #bt-footer .footer-nav ul li{width:100%; display:inline-block; text-align:left; margin-bottom: 2px;} #bt-footer .footer-nav .fcol:first-child ul li{text-align:left;} #bt-footer .footer-nav .fcol:last-child ul li{text-align:left;} #bt-footer .footer-nav ul li a{font-size:15px; line-height:30px; color:#aeb5bb; text-decoration:none;min-width: 75px;display: inline-block;} #bt-footer .footer-bot-nav{display:inline-block; width:100%; padding:0 40px; box-sizing:border-box;} #bt-footer .footer-bot-nav ul{list-style:none; padding:0px 0 10px; margin:0;} #bt-footer .footer-bot-nav ul li{width:auto; display:inline; padding-left:35px;} #bt-footer .footer-bot-nav ul li:first-child{padding-left:0;} #bt-footer .footer-bot-nav ul li a{font-size:14px; line-height:20px; color:#aeb5bb; text-decoration:none;} #copyright{display:inline-block; width:100%; text-align:center; background-color:#004059;} #copyright p{font-size:13px; line-height:40px; color:#93a6aa;font-family: 'Roboto', sans-serif;} #bt-footer .footer-bot-nav{ display: flex; justify-content: space-between;} .logoclient{ font-size:14px;color: #aeb5bb;} @media screen and (max-width:1024px){ .footer-cent{width:100%;} #bt-footer .footer-nav .fcol{width:140px; padding-left:40px;} #bt-footer .footer-nav .fcol:first-child {width: 140px;} #bt-footer .footer-bot-nav ul{overflow-x: scroll;white-space: nowrap;} } @media screen and (max-width:768px){ .footer-cent{width:100%;} #bt-footer .footer-nav .fcol:last-child {width: 33.3%;} #bt-footer .footer-nav .fcol:nth-child(4){padding-left:0;} #bt-footer .footer-nav .fcol:first-child {width: 33.3%;border-left: 0; } #bt-footer .footer-nav .fcol {width: 33.3%;padding-left:35px; box-sizing:border-box} #bt-footer .footer-bot-nav{padding:0;} #bt-footer .footer-bot-nav ul{overflow-x: scroll;white-space: nowrap;} #bt-footer .footer-bot-nav{flex-direction: column;} #bt-footer .footer-bot-nav .logoclient{text-align: right;padding-bottom: 20px;padding-top: 10px;} } @media screen and (max-width:767px){ .footer-cent{width:100%;} #bt-footer .toprow .bt-text-logo{width:50%;} #bt-footer .toprow .bt-text-logo img{width:100%;} #bt-footer .toprow ul.social li{margin: 0 2px; display: inline-block;} #bt-footer .toprow ul.social li a{display:flex; min-width:30px; height: 25px; align-items: center; justify-content: center;} #bt-footer .toprow ul.social li.fb svg{width:14px; height:21px;} #bt-footer .toprow ul.social li.tw svg{width:19px; height:18px;} #bt-footer .toprow ul.social li.rss{display:inline-block} #bt-footer .toprow ul.social li.rss img{width:16px; height:16px;} #bt-footer .toprow ul.social li.yt{display:inline-block} #bt-footer .toprow ul.social li.yt img{width:26px; height:17px;} #bt-footer .botrow{display:none;} #bt-footer .footer-nav .fcol{width:33.3%; border:0; padding-left:25px; border-bottom:1px solid #46494e; margin-bottom:10px; padding-bottom:10px; box-sizing:border-box} #bt-footer .footer-nav .fcol:nth-child(4){padding-left:0;} #bt-footer .footer-nav .fcol:nth-child(4),#bt-footer .footer-nav .fcol:nth-child(5),#bt-footer .footer-nav .fcol:nth-child(6){border-bottom:0; padding-bottom:0; margin-bottom:0;} #bt-footer .footer-bot-nav ul {overflow-x: inherit;white-space: normal;} #bt-footer .footer-bot-nav ul li:first-child{padding-left:35px;} #bt-footer .footer-bot-nav ul li a{line-height:32px;} #copyright{padding:5px 25px; box-sizing:border-box;} #copyright p{line-height:26px;} } </style> <div id="bt-footer"> <div class="footer-cent"> <div class="toprow"> <div class="bt-text-logo"><img alt="bt logo" loading="lazy" src="https://akm-img-a-in.tosshub.com/sites/mailer/bt-text-img.png" title="bt logo" /></div> <ul class="social"> <li class="fb"><a alt="follow on facebook" href="https://www.facebook.com/BusinessToday" target="_blank" title="follow on facebook"><svg style="enable-background:new 0 0 38.715 57.819;" version="1.1" viewbox="0 0 38.715 57.819" x="0px" xml:space="preserve" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" y="0px"> <path d="M29.999,28.863h-6.837V53.91H12.807V28.863H7.879v-8.807h4.929V14.36c0-4.073,1.935-10.451,10.451-10.451l7.671,0.032v8.542h-5.57c-0.909,0-2.192,0.457-2.192,2.403v5.177h7.74L29.999,28.863z"></path> </svg></a></li> <li class="tw"><a alt="follow on twitter" href="https://twitter.com/business_today" target="_blank" title="follow on twitter"><svg height="26" style="enable-background:new 0 0 1029.5 1039.4;" version="1.1" viewbox="213.89 235.04 601.2 562.6" width="24" x="0px" xml:space="preserve" xmlns="http://www.w3.org/2000/svg" xmlns:svg="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" y="0px"> <style type="text/css">.twitter_st0{fill:#b0b4b9;} </style> <g transform="translate(52.390088,-25.058597)"> <path class="twitter_st0" d="M163,260.1L395,570.4L161.5,822.7h52.6 l204.5-220.9l165.2,220.9h178.9L517.4,495l217.4-234.8h-52.6L494,463.6L341.8,260.1H163z M240.3,298.9h82.2L685.3,784h-82.2 L240.3,298.9z" id="path1009_00000157278298210555033380000003622052322782513074_"></path> </g> </svg></a></li> <li class="rss"><a alt="rss" href="/rssfeeds/?id=home" title="rss"><img alt="rss" class="lazyload" src="https://akm-img-a-in.tosshub.com/sites/mailer/rss-icon.png" title="rss" /></a></li> <li class="yt"><a alt="subscribe on youtube" href="https://www.youtube.com/BusinessToday" target="_blank" title="subscribe on youtube"><img alt="youtube icon" class="lazyload" src="https://akm-img-a-in.tosshub.com/sites/mailer/youtube-icon.png" title="youtube icon" /></a></li> </ul> </div> <div class="footer-nav"> <div class="fcol"> <ul> <li><a href="/latest/economy">Economy</a></li> <li><a href="/latest/corporate">Corporate</a></li> <li><a href="/markets">Markets</a></li> </ul> </div> <div class="fcol"> <ul> <li><a href="/trending">Trending</a></li> <li><a href="/magazine">Magazine</a></li> <li><a href="/coronavirus">COVID-19</a></li> </ul> </div> <div class="fcol"> <ul> <li><a href="/industry/infra">Infra</a></li> <li><a href="/industry/pharma">Pharma</a></li> <li><a href="/personal-finance/real-estate">Real Estate</a></li> </ul> </div> <div class="fcol"> <ul> <li><a href="/markets/stocks">Stocks</a></li> <li><a href="/auto">Auto</a></li> <li><a href="/latest/world">World</a></li> </ul> </div> <div class="fcol"> <ul> <li><a href="/education">Education</a></li> <li><a href="/jobs">Jobs</a></li> <li><a href="/lifestyle">Lifestyle</a></li> </ul> </div> </div> <div class="footer-bot-nav"> <ul> <li><a href="https://www.indiatodaygroup.com/new-site/publications/bt-about.html" target="_blank">About us</a></li> <li><a href="https://www.indiatodaygroup.com/new-site/publications/bt.html" target="_blank">Contact us</a></li> <!--<li><a href="#" onclick="window.open('https://specials.indiatoday.com/specials/popup/advertisewithus.htm','aws','width=506,height=167,left='+(screen.availWidth/2-253)+',top='+(screen.availHeight/2-91)+'');return false;">Advertise with us</a></li>--> <li><a href="https://www.businesstoday.in/advertise-with-us">Advertise with us</a></li> <li><a href="https://www.indiatodaygroup.com/privacy-policy.html">Privacy Policy</a></li> <li><a href="https://specials.indiatoday.com/common/termsandconditions.phtml">Terms and Conditions</a></li> <li><a href="/partners">Partners</a></li> <li><a href="/prnewswire">Press Releases</a></li> </ul> <div class="logoclient">Design Partner <a href="https://think.design/" rel="nofollow" target="_blank"><svg height="20.8" viewbox="0 0 84.199 20.8" width="84.199" xmlns="http://www.w3.org/2000/svg"> <g data-name="Group 179128" id="Group_179128" transform="translate(-15375 -3687)"> <g data-name="Group 179127" id="Group_179127" transform="translate(15374.6 3686.4)"> <path d="M42.8,21.4H38.5V19.7a2.07,2.07,0,0,1,.5-1.5,2.544,2.544,0,0,1,1.6-.5,2.958,2.958,0,0,1,1,.2,1.794,1.794,0,0,1,.7.5l.3.6a2.22,2.22,0,0,1,.1.9v1.5Zm-.8-.9v-.7a1.222,1.222,0,0,0-.3-.9,1.493,1.493,0,0,0-1-.3,2.016,2.016,0,0,0-1.1.3.984.984,0,0,0-.3.8v.8H42Z" data-name="Path 101071" fill="#fff" id="Path_101071"></path> <path d="M42.8,17.4H38.5V14.3h.7v2.3h.9V14.5h.7v2.1H42V14.2h.8Z" data-name="Path 101072" fill="#fff" id="Path_101072"></path> <path d="M41.4,13.9V13a.55.55,0,0,0,.5-.3,1.445,1.445,0,0,0,.2-.7c0-.3,0-.5-.1-.6a.52.52,0,0,0-.4-.2c-.3,0-.5.4-.6,1.1h0v.1a4.649,4.649,0,0,1-.3.9c-.1.2-.2.3-.4.3a1.268,1.268,0,0,1-.6.1,1.284,1.284,0,0,1-1-.4,2.133,2.133,0,0,1-.3-1.2,1.594,1.594,0,0,1,.4-1.2,1.159,1.159,0,0,1,1-.4v.9a.764.764,0,0,0-.5.2.845.845,0,0,0-.2.6.749.749,0,0,0,.1.5.52.52,0,0,0,.4.2c.2,0,.4-.2.5-.7,0-.1.1-.2.1-.3a6.372,6.372,0,0,1,.2-.7c0-.1.1-.2.1-.3a.781.781,0,0,1,.4-.4,1.268,1.268,0,0,1,.6-.1,1.231,1.231,0,0,1,1,.5,2.226,2.226,0,0,1,.4,1.3,1.844,1.844,0,0,1-.4,1.3A1.82,1.82,0,0,1,41.4,13.9Z" data-name="Path 101073" fill="#fff" id="Path_101073"></path> <path d="M42.8,10H38.5V9.1h4.3Z" data-name="Path 101074" fill="#fff" id="Path_101074"></path> <path d="M42.2,5.4c.2.2.4.3.5.5a1.445,1.445,0,0,1,.2.7,2.035,2.035,0,0,1-.6,1.5,2.271,2.271,0,0,1-1.6.6,2.111,2.111,0,0,1-1.6-.6,2.035,2.035,0,0,1-.6-1.5,1.844,1.844,0,0,1,.4-1.3A1.975,1.975,0,0,1,40,4.7v.9a2.186,2.186,0,0,0-.5.3,1.445,1.445,0,0,0-.2.7.812.812,0,0,0,.4.8,2.167,2.167,0,0,0,2.2,0,.975.975,0,0,0,.4-.9,1.445,1.445,0,0,0-.2-.7,1.612,1.612,0,0,0-.7-.4v1h-.7V4.7H43v.6Z" data-name="Path 101075" fill="#fff" id="Path_101075"></path> <path d="M42.8,4.1H38.5V3.2l3-1.7h-3V.6h4.3v.9l-3,1.8h3Z" data-name="Path 101076" fill="#fff" id="Path_101076"></path> </g> <path d="M6.6,21.4V4.3H.4V.6H17V4.3H10.9V21.4H6.6Z" data-name="Path 101077" fill="#fff" id="Path_101077" transform="translate(15374.6 3686.4)"></path> <path d="M18.9,21.4V.6h4.3V8.4h8.6V.6h4.3V21.4H31.8V12.2H23.2v9.2Z" data-name="Path 101078" fill="#fff" id="Path_101078" transform="translate(15374.6 3686.4)"></path> <path d="M45.1,21.4V.6h4.5l8.5,14.3V.6h4.2V21.4H57.9L49.4,7.1V21.4Z" data-name="Path 101079" fill="#fff" id="Path_101079" transform="translate(15374.6 3686.4)"></path> <path d="M66,21.4V.6h4.3V9.1L78.4.6h5.4L75.5,9l9.1,12.4H79.4l-6.8-9.5-2.2,2.2v7.3Z" data-name="Path 101080" fill="#fff" id="Path_101080" transform="translate(15374.6 3686.4)"></path> </g> </svg></a></div> </div> </div> </div> <div id="copyright"> <p>Copyright©2024 Living Media India Limited. For reprint rights: Syndications Today</p> </div> <script type="text/javascript"> /* WebFontConfig = { google: { families: ['Poppins:400,500,600,700,800&display=swap'] } }; (function() { var wf = document.createElement('script'); wf.src = ('https:' == document.location.protocol ? 'https' : 'http') + '://ajax.googleapis.com/ajax/libs/webfont/1.5.18/webfont.js'; wf.type = 'text/javascript'; wf.async = 'true'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(wf, s); })(); */ </script> <script>!function(e){"use strict";var loadCSS=function(n,t,o){function i(e){return a.body?e():void setTimeout(function(){i(e)})}function r(){l.addEventListener&&l.removeEventListener("load",r),l.media=o||"all"}var d,a=e.document,l=a.createElement("link");if(t)d=t;else{var s=(a.body||a.getElementsByTagName("head")[0]).childNodes;d=s[s.length-1]}var f=a.styleSheets;l.rel="stylesheet",l.href=n,l.media="only x",i(function(){d.parentNode.insertBefore(l,t?d:d.nextSibling)});var u=function(e){for(var n=l.href,t=f.length;t--;)if(f[t].href===n)return e();setTimeout(function(){u(e)})};return l.addEventListener&&l.addEventListener("load",r),l.onloadcssdefined=u,u(r),l};"undefined"!=typeof exports?exports.loadCSS=loadCSS:e.loadCSS=loadCSS}("undefined"!=typeof global?global:this);</script> <script> window._ttCc = window._ttCc || []; _ttCc.push(function() { callJavaScriptFile("https://akm-img-a-in.tosshub.com/businesstoday/resource/js/swiper.min.js?v=21032022-76"); }); window._ttCc = window._ttCc || []; _ttCc.push(function() { loadCSS("https://akm-img-a-in.tosshub.com/businesstoday/resource/css/swiper.min.css?v=11112021-150") }); </script> <style> footer a{text-decoration: none;}footer ul{list-style: none;}.ft-container{width:100%;max-width:100%;padding:0 10px;margin-right:auto;margin-left:auto}@media (min-width: 768px) {.ft-container{max-width:100%;padding:0 20px}}@media (min-width: 1200px) {.ft-container{max-width:1300px;padding:0 15px}}.mb13{margin-bottom:13px}.ft-row{display:flex;flex-wrap:wrap}.ft-col6{width:100%;flex:0 0 50%;max-width:50%}footer{background-color:#151515;font-family:'Poppins',sans-serif;border-top:5px solid #7b7052}.footer-top-section{padding:8px 0 12px;border-bottom:1px solid #454a4e}.footer-top-section ul{display:flex;flex-wrap:wrap;align-items:center;width: 100%;}.footer-top-section ul li{margin-right:26px}.footer-top-section ul li:last-child{margin-right:0}.footer-top-section ul li a{font:400 12px/14px 'Poppins',sans-serif;color:#bbb;text-decoration:none}.footer-top-section ul li a:hover{color:#fff}.footer-middel-section-main{border-bottom:1px solid #454a4e;padding:14px 0 13px;display:flex;flex-wrap:wrap}.footer-middel-section-main li{line-height:0;margin-top:6px}.footer-middel-section-main li:last-child{margin-bottom:0}.footer-middel-section-main a{font:400 12px/14px 'Poppins',sans-serif;color:#bbb}.footer-middel-section-main a:hover{color:#fff}.footer-middel-section-main .link-heading{font:400 12px/14px 'Poppins',sans-serif;color:#fad369;text-transform:uppercase}.fmsm_col-first{border-right:1px solid #454a4e;width:100%;flex:0 0 27.95%;max-width:27.95%}.fmsm_col-second{width:100%;flex:0 0 26.77%;max-width:26.77%;padding-left:15px;border-right:1px solid #454a4e}.fmsm_col-third{width:100%;flex:0 0 33.85%;max-width:33.85%;padding-left:15px;border-right:1px solid #454a4e}.fmsm_col-fourth{width:100%;flex:0 0 11.41%;max-width:11.41%;padding-left:15px}.fmsm_col-second ul,.fmsm_col-third ul{display:flex;flex-wrap:wrap}.fmsm_col-second ul li,.fmsm_col-third ul li{width:100%;flex:0 0 50%;max-width:50%}.footer-upper-bottom-sec{border-bottom:1px solid #454a4e;line-height:0;padding:9px 0}.fubs_col-first{width:100%;flex:0 0 31.18%;max-width:31.18%;position:relative;display:flex;align-items:center;padding-right:15px}.fubs_col-second{width:100%;flex:0 0 39.45%;max-width:39.45%;position:relative;display:flex;align-items:center;justify-content:center}.fubs_col-third{width:100%;flex:0 0 29.37%;max-width:29.37%;padding-left:15px}.fubs_col-first::after,.fubs_col-second::after{content:'';position:absolute;top:50%;right:0;height:22px;width:2px;background-color:#454a4e;-webkit-transform:translatey(-50%);-ms-transform:translatey(-50%);-o-transform:translatey(-50%);transform:translatey(-50%)}.fubs_col-first ul li{display:inline-block;margin-right:25px}.fubs_col-first ul li:last-child{margin-right:0}.fubs_col-first ul li a{font:400 12px/14px 'Poppins',sans-serif;color:#bbb;text-transform:uppercase}.fubs_col-first ul li a:hover{color:#fff}.down-app-f{display:flex;flex-wrap:wrap;align-items:center;justify-content:center;width: 100%;}.down-app-f li{font:bold 12px/14px 'Poppins',sans-serif;color:#606060;text-transform:uppercase;line-height:0}.down-app-f li:first-child{margin-right:16px}.down-app-f li:nth-child(2){margin-right:12px}.fubs_social-link{display:flex;align-items:center;justify-content:flex-end}.fubs_social-link li:first-child{font:bold 12px/14px 'Poppins',sans-serif;color:#606060;text-transform:uppercase}.fubs_social-link li:not(:last-child){margin-right:14px}.sub-footer{font:400 12px/14px 'Poppins',sans-serif;color:#bbb;text-align:center;padding:10px 0 11px}.sub-footer a{color:#bbb}.sub-footer a:hover{color:#fad369}@media (max-width:1199px){.footer-top-section ul{justify-content:center}.fubs_col-first ul li{margin-right:12px}.fubs_social-link li:not(:last-child){margin-right:9px}}@media (max-width:991px){.fmsm_col-first,.fmsm_col-second{margin-bottom:20px}.fmsm_col-first,.fmsm_col-second,.fmsm_col-third,.fmsm_col-fourth{flex:0 0 50%;max-width:50%}.fubs_col-second,.fmsm_col-third{padding:10px 0}.fmsm_col-second{border:none}.fmsm_col-third{padding-left:0}.footer-upper-bottom-sec{padding:0}.fubs_col-first{flex:0 0 100%;max-width:100%;justify-content:center;border-bottom:1px solid #454a4e;padding:14px 0 13px}.fubs_col-first::after{display:none}.fubs_col-second,.fubs_col-third{flex:0 0 50%;max-width:50%}.fubs_col-second,.fubs_social-link{justify-content:flex-start}.fubs_col-third{padding-left:15px;display:flex;align-items:center}}@media (max-width:767px){.footer-top-section{padding-bottom:6px}.footer-top-section ul{justify-content:flex-start}.footer-top-section ul li{width:100%;flex:0 0 50%;max-width:50%;margin-right:0;margin-bottom:14px}.footer-middel-section-main{padding:0}.footer-middel-section-main li{margin-top:22px}.footer-middel-section-main a{line-height:18px}.fmsm_col-first,.fmsm_col-second,.fmsm_col-third,.fmsm_col-fourth{flex:0 0 100%;max-width:100%;margin:0;padding:24px 0 21px}.fmsm_col-first,.fmsm_col-second,.fmsm_col-third{border-right:none;border-bottom:1px solid #454a4e}.down-app-f li:first-child {margin-right: 16px;width: 100%;text-align: center;margin-bottom: 20px;}.fmsm_col-second{padding-left:0}.fmsm_col-fourth{padding-left:0;display:flex;flex-wrap:wrap}.mob50{width:100%;flex:0 0 50%;max-width:50%}.fubs_col-second,.fubs_col-third{flex:0 0 100%;max-width:100%;padding:26px 0}.fubs_col-second{border-bottom:1px solid #454a4e;padding-top:31px}.fubs_col-second::after{display:none}.down-app{justify-content:flex-start}.fubs_col-first{padding:24px 0 0}.fubs_col-first ul li{margin-right:25px;margin-bottom:25px}.fubs_social-link li:not(:last-child){margin-right:14px}.sub-footer{padding:15px 0 17px;line-height:20px}}@media (max-width:360px){.down-app li:first-child{margin-bottom: 23px;width: 100%;flex: 0 0 100%;}}@media (min-width: 1025px){.fixed-nav.navigation-at nav ul.at-menu {overflow:hidden;height:33px;}} </style> <script src="https://akm-img-a-in.tosshub.com/businesstoday/resource/js/jquery.min.js?v=21032022-76"></script> <script async src="https://akm-img-a-in.tosshub.com/businesstoday/resource/js/lazysizes.min.js?v=21032022-76"></script> <script defer src="https://akm-img-a-in.tosshub.com/businesstoday/resource/js/script.js?v=21032022-76" importance='low'></script> <script src="https://accounts.google.com/gsi/client" async defer></script> <script> /* $(document).ready(function(){var _is_sso_authrequire=getLoginCookie('itg_forced_login');if(_is_sso_authrequire =='' && window.self===window.top){var _auth_URL="https://www.businesstoday.in/sso_user_check";var ifrm11=document.createElement("iframe");ifrm11.setAttribute("src",_auth_URL);ifrm11.style.width="0px";ifrm11.style.height="0px"; $(".login").append(ifrm11); ifrm11.onload=function(){getLoginStatus();};$(".login").append(ifrm11);getLoginStatus();} else{getLoginStatus();} }); */ if(atViewPort == 'mobile'){ $(document.body).on("click touchstart", ".signOut", function() { var ssoLoginCheck = getLoginCookie('itg_forced_login'); if (ssoLoginCheck != '' && ssoLoginCheck != 'null' && ssoLoginCheck != null && ssoLoginCheck !== undefined && window.self === window.top) { //var _logout_URL = "https://auth.indiatoday.in/saml_logout?ReturnTo=https://www.businesstoday.in/ssologout"; let _logout_URL = "https://auth.indiatoday.in/saml_logout?ReturnTo="+btoa(window.location.href); window.location.href = _logout_URL; if(window.localStorage.getItem("sso_isnewUser_count")) { window.localStorage.removeItem("sso_isnewUser_count"); } webengage.user.logout(); } }); }else{ $(document.body).on("click", ".signOut", function() { var ssoLoginCheck = getLoginCookie('itg_forced_login'); if (ssoLoginCheck != '' && ssoLoginCheck != 'null' && ssoLoginCheck != null && ssoLoginCheck !== undefined && window.self === window.top) { //var _logout_URL = "https://auth.indiatoday.in/saml_logout?ReturnTo=https://www.businesstoday.in/ssologout"; let _logout_URL = "https://auth.indiatoday.in/saml_logout?ReturnTo="+btoa(window.location.href); window.location.href = _logout_URL; if(window.localStorage.getItem("sso_isnewUser_count")) { window.localStorage.removeItem("sso_isnewUser_count"); } webengage.user.logout(); } }); } $(document).ready(function(){getLoginStatus();}); function getLoginStatus(){var ssoLoginCheck=getLoginCookie('itg_forced_login'); if(ssoLoginCheck!=''&&ssoLoginCheck!='null'&&ssoLoginCheck!=null&&ssoLoginCheck!==undefined&&window.self===window.top){ $.ajax({type:"POST",data:"",url:"https://www.businesstoday.in/ajax/ssologinstatus", success:function(t){ // setting attribute in webengage when sso sign in var sso_fname=getLoginCookie('itg_fname'); var sso_lname=getLoginCookie('itg_lname'); var sso_mail=getLoginCookie('itg_mail'); var sso_mn=getLoginCookie('itg_mn'); webengage.user.login(ssoLoginCheck); webengage.user.setAttribute('we_email',atob(decodeURIComponent(sso_mail))); if(sso_mn!='' && sso_mn!='null' && sso_mn!=null && sso_mn!==undefined){ webengage.user.setAttribute('we_phone',atob(decodeURIComponent(sso_mn))); } if(sso_fname!='' && sso_fname!='null' && sso_fname!=null && sso_fname!==undefined){ webengage.user.setAttribute('we_first_name',atob(decodeURIComponent(sso_fname))); } if(sso_lname!='' && sso_lname!='null' && sso_lname!=null){ webengage.user.setAttribute('we_last_name',atob(decodeURIComponent(sso_lname))); } if(0!=t.length){$('#login-area').html(t); $('#nav-login').html(t); $('.free-trial-link').css("display","none"); $('.mobile-menu-sso').addClass("logaajtak"); $('.menu-signIn').css("display","none"); $('.is_userLogin').css("display","flex"); $('.sso_user_svg').css("display","none"); $('.subscriber-product').css("display","block"); $('.mnu_log_btn').css("display","none"); } },error:function(t,s,e){console.log(t),console.log("Details: "+s+"nError:"+e);}}); }} $(document).ready(function(){getLoginMongageStatus();}); function getLoginMongageStatus(){ var ssoLoginCheck=getLoginCookie('itg_forced_login'); if(ssoLoginCheck!=''&&ssoLoginCheck!='null'&&ssoLoginCheck!=null&&ssoLoginCheck!==undefined&&window.self===window.top){ $.ajax({type:"POST",data:"",url:"https://www.businesstoday.in/ajax/ssomongagecheck", success:function(t){ var sso_isnewUser = t.isnewUser var sso_source_type = t.source_type var sso_source_id = t.source_id if(sso_isnewUser!='' && sso_isnewUser!='null' && sso_isnewUser!=null && sso_isnewUser!==undefined && window.self === window.top){ if(sso_isnewUser == "true"){ if(window.localStorage.getItem("sso_isnewUser_count") == 1) { }else{ window.localStorage.setItem("sso_isnewUser_count", 1); var webengageSingupData = {}; webengageSingupData["Sign-up Source"] = sso_source_id ; webengageSingupData["Sign-up Source_type"] = sso_source_type; webengageSingupData["Sign-up id"] = sso_source_id ; webengage.track("User Signed Up", webengageSingupData); } } } },error:function(t,s,e){console.log(t),console.log("Details: "+s+"nError:"+e);}}); } } function itg_push_loyality_point(content_id, content_type, loyality_key, undodataactivity) { if(content_type != '' && content_type != null && content_type != 'null' && content_type !== undefined){ content_type = content_type.replace('photo_gallery', 'photo'); } var undodataactivity = undodataactivity; var ssoLoginCheck = getLoginCookie('itg_forced_login'); var sp_itgd = getLoginCookie("sp"); var userActivityData = []; if (ssoLoginCheck != '' && ssoLoginCheck != 'null' && ssoLoginCheck != null && ssoLoginCheck !== undefined && window.self === window.top) { $.ajax({ type: "POST", data: {"content_id": content_id, "content_type": content_type, "loyality_key": loyality_key, "sp_itgd": sp_itgd, "undodataactivity": undodataactivity}, url: "https://www.businesstoday.in/ajax/activitypush", success: function (t) { var tmp = t;//JSON.parse(t); if (tmp.status='success') { userActivityData = tmp.data.activities; if (undodataactivity !== undefined && undodataactivity != '' && undodataactivity != 'undefined' && undodataactivity == 'undo-read_later') { $('.bookmark_tracking a').removeClass('okclass'); $('.bookmark_tracking a').removeAttr('data-undo'); } userActivityData.forEach(function(value, key){ if(value == 'read_later' || value == 'watch_later'){ $('.bookmark_tracking a').addClass('okclass'); $('.bookmark_tracking a').attr('data-undo', 'undo-read_later'); } }); } }, error: function (t, s, e) { } }); } } $(document).on("click","#login-area",function() { var singinclickData = {}; var ssoLoginCheck = getLoginCookie('itg_forced_login'); var pageurl = window.location.href; singinclickData["Page URL"]= pageurl; if (ssoLoginCheck != '' && ssoLoginCheck != 'null' && ssoLoginCheck != null && ssoLoginCheck !== undefined && window.self === window.top) { }else{ webengage.track("Sign up Initiated", singinclickData); } }); function itg_webengage_social_activity(webengageTrackData, content_type) { if(content_type == 'story'){ webengage.track("Article story shared", webengageTrackData); }else if(content_type == 'video'){ webengage.track("Video Shared", webengageTrackData); }else if(content_type == 'photo_gallery'){ webengage.track("Photo Shared", webengageTrackData); }else if(content_type == 'Playing'){ webengage.track("Video Played", webengageTrackData); }else if(content_type == 'paused'){ webengage.track("Video Paused", webengageTrackData); }else if(content_type == 'Complete'){ webengage.track("Video Complete", webengageTrackData); }else if(content_type == 'Feedback'){ webengage.track("Feedback button Click", webengageTrackData); }else if(content_type == 'Comment'){ webengage.track("Comment Button Clicked", webengageTrackData); }else if(content_type == 'Tag'){ webengage.track("Tag Clicked", webengageTrackData); }else if(content_type == 'bookmark'){ webengage.track("Video Bookmarked", webengageTrackData); } } function itg_webengage_activity(webengageTrackData, content_type) { if(content_type == 'story'){ webengage.track("Article Read", webengageTrackData); }else if(content_type == 'video'){ webengage.track("Video Page Viewed", webengageTrackData); }else if(content_type == 'photo_gallery'){ webengage.track("Photo Page Viewed", webengageTrackData); }else if(content_type == 'search'){ webengage.track("Article Searched", webengageTrackData); }else if(content_type == 'category'){ webengage.track("Category viewed", webengageTrackData); }else if(content_type == 'ArticleShared'){ webengage.track("Article Shared", webengageTrackData); }else if(content_type == 'company'){ webengage.track("Company viewed", webengageTrackData); } } </script> <script type="text/javascript"> const threeDotsNav = document.querySelector("#threeDotsNav"); const ShowMutiNav = document.querySelector("#mutiNav"); const hideNav = document.querySelector("#crossNav"); // NAV DROPDOWN ON HOVER $( document ).ready(function() { $(".hdr_nav_li").hover(function() { $(this).children(".hdr_drp_cnt").stop().slideDown(300); }, function() { $(this).children(".hdr_drp_cnt").stop().slideUp(300); }); }); threeDotsNav?.addEventListener("click", () => { // ShowMutiNav.classList.add("slideDownNav"); slideToggle(); hideNav.style.display = "block" }); hideNav?.addEventListener("click", () => { // ShowMutiNav.classList.remove("slideDownNav"); slideToggle(); // hideNav.classList.add("hiddenCross"); }); ShowMutiNav?.addEventListener("click", (e) => { e.stopPropagation(); }); threeDotsNav?.addEventListener("click", (e) => { e.stopPropagation(); }); hideNav?.addEventListener("click", (e) => { e.stopPropagation(); }); var slideOpen = false; window.addEventListener("click", () => { if (slideOpen == true) { slideToggle(); }; }); function getHeight(el) { var el_style = window.getComputedStyle(el), el_display = el_style.display, el_position = el_style.position, el_visibility = el_style.visibility, el_max_height = el_style.maxHeight.replace('px', '').replace('%', ''), wanted_height = 0; if (el_display !== 'none' && el_max_height !== '0') { return el.offsetHeight; } el.style.position = 'absolute'; el.style.visibility = 'hidden'; el.style.display = 'block'; wanted_height = el.offsetHeight; el.style.display = el_display; el.style.position = el_position; el.style.visibility = el_visibility; return wanted_height; } var heightChecked = false; var initHeight = 0; var intval = null; function slideToggle() { window.clearInterval(intval); var mdiv = document.getElementById("mutiNav"); if (!heightChecked) { initHeight = getHeight(mdiv); heightChecked = true; } if (slideOpen) { var h = initHeight; slideOpen = false; intval = setInterval(function() { h -= 7; mdiv.style.height = h + 'px'; mdiv.style.overflow = "hidden"; if (h <= 0) { mdiv.style.display = "none"; window.clearInterval(intval); hideNav.style.display = "none"; } }, 1); } else { var h = 0; slideOpen = true; intval = setInterval(function() { h += 7; mdiv.style.height = h + 'px'; mdiv.style.display = "block"; mdiv.style.overflow = "hidden"; if (h >= initHeight) { mdiv.style.height = initHeight + 'px'; window.clearInterval(intval); mdiv.style.overflow = "visible"; } }, 1); } }; var bodyTeg = document.querySelector("body"); var bgShadow = document.querySelector(".bg-shadow"); var menuClose = document.querySelector(".menu-close"); var mobMenuContainer = document.querySelector(".mob-menu-container"); //menuClose.addEventListener("click", function(e){ //e.stopPropagation(); //bgShadow.classList.remove("addcls"); //}) // //mobMenuContainer.addEventListener("click", function(e){ //e.stopPropagation(); //}); // Window Click Event window.addEventListener("click", () =>{ windClick(); }); function windClick(){ if(bgShadow?.classList.contains("addcls")){ bgShadow.classList.remove("addcls"); }; if(mobMenuContainer?.classList.contains("open")){ mobMenuContainer.classList.remove("open") }; if(bodyTeg.classList.contains("bgfixed")){ bodyTeg.classList.remove("bgfixed") }; }; var menuClosee = document.querySelector(".menu-close"); menuClosee?.addEventListener("click", function(e){ document.querySelector("body").classList.remove("bgfixed"); }) </script> <script> const slider1 = document.querySelector(".bth_top-hed-menu ul"); let isDownn = false; let start_X; let scroll_Left; slider1?.addEventListener("mousedown", (e) => { isDownn = true; slider1.classList.add("active"); start_X = e.pageX - slider1.offsetLeft; scroll_Left = slider1.scrollLeft; }); slider1?.addEventListener("mouseleave", () => { isDownn = false; slider1.classList.remove("active"); }); slider1?.addEventListener("mouseup", () => { isDownn = false; slider1.classList.remove("active"); }); slider1?.addEventListener("mousemove", (e) => { if (!isDown) return; e.preventDefault(); const x = e.pageX - slider1.offsetLeft; const walk = (x - start_X) * 3; //scroll-fast slider1.scrollLeft = scroll_Left - walk; }); </script> <script> // Page Height function getMaxWidth(){ let vh = window.innerHeight * 0.01; // let _h = (WH()[1] * 0.01); document.documentElement.style.setProperty('--vh', `${vh}px`); }; window.addEventListener('resize', () => { getMaxWidth() }); (function(){ getMaxWidth(); })(); // HEADER SEARCH $(function() { function resizeSearch(){ if (window.innerWidth <= 991) { $('.srh_opn_wrp').css('height', window.innerHeight); }else{ $('.srh_opn_wrp').css('height', 'auto'); } } $('.srh_opn_btn').on('click', function(e) { e.preventDefault() $('body').addClass('hdr_srh_opn'); $('body').removeClass('mnu_nav_opn'); $('.srh_mdl_inp').focus(); resizeSearch(); e.stopPropagation() }); $(window).resize(resizeSearch); }); // SEARCH CLEAR BUTTON // MENU NAV OPEN //(function () { //var menudefault = document.querySelector("#footer_menu_svg_default"); //menudefault.addEventListener("click", function() { // alert("hellow"); //}); //})(); $( document ).ready(function() { $('.mnu_brg_icn, .footer-mb-nav').on('click', function(e) { //e.preventDefault() $('body').addClass('mnu_nav_opn'); var ssoCookieUid = getLoginCookie('itg_sso_uid'); var isSubsPremium = document.cookie.match(new RegExp('(^| )' + 'subscribed_ads_free' + '=([^;]+)')); if(ssoCookieUid != '' && isSubsPremium != null) { document.getElementById('loginSubscribedBtnId').style.display = 'none'; } if (window.innerWidth <= 991) { $('.mnu_nav_wrp').css('height', (window.innerHeight - 1)); }else{ $('.mnu_nav_wrp').css('height', 'auto'); } //e.stopPropagation() }); }); let windowInitHeight = window.innerHeight; let windowInitWidth = window.innerWidth; $(window).resize(function(){ let resizeHeight = window.innerHeight; let resizeWidth = window.innerWidth; if (window.innerWidth <= 991) { if(windowInitHeight !== resizeHeight && windowInitWidth !== resizeWidth){ $('.mnu_nav_wrp').css('height', (window.innerHeight - 1)); windowInitHeight = resizeHeight; windowInitWidth = resizeWidth; } }else{ $('.mnu_nav_wrp').css('height', 'auto'); } }); // MENU NAV BUTTON $('.mnu_cls_btn').on('click', function() { $('body').removeClass('hdr_srh_opn'); $('body').removeClass('mnu_nav_opn'); }); let sso_login_btn = document.querySelectorAll(".ssoSignIn"); sso_login_btn.forEach(function(elem) {elem.addEventListener('click', () => { window.location.href = `https://auth.indiatoday.in/saml_login/other/${btoa(window.location.href+"#ssologin=1")}`; }); }); </script> <script>var atViewPortsearch = (window.screen.width <= 820 ? 'mobile' : 'desktop');$(document).ready(function(){$(".search-icons, .search_icon_hm").on('click',function(event){event.preventDefault();if(atViewPortsearch == 'mobile'){ var val=$("#menusearch").val().trim(); } else{var val=$("#menusearch_dt").val().trim();}var key=encodeURIComponent(val);if(key.length!=0){key = key.replaceAll('%20', '-');window.location="https://www.businesstoday.in/topic/"+key}})});if(atViewPortsearch == 'mobile'){$("#menusearch").bind("keypress",{},keypressInBox);}else{$("#menusearch_dt").bind("keypress",{},keypressInBox);}function keypressInBox(e){var code=(e.keyCode?e.keyCode:e.which);if(code==13){e.preventDefault();if(atViewPortsearch == 'mobile'){ var val=$("#menusearch").val().trim(); }else {var val=$("#menusearch_dt").val().trim();}var key=encodeURIComponent(val);if(key.length!=0){key = key.replaceAll('%20', '-');window.location="https://www.businesstoday.in/topic/"+key}}};</script> <script> var atViewPortMixedSearch = (window.screen.width <= 820 ? 'mobile' : 'desktop'); function debounce(func, delay = 300) { let timerId; return (...args) => { clearTimeout(timerId); timerId = setTimeout(() => { func.apply(this, args); }, delay); }; } function userInput(){ let value = document.getElementById('menusearch_dt').value; fetchSearchDetails(value); } const debouncedUserInput = debounce(userInput); document.getElementById("menusearch_dt").addEventListener('keyup', debouncedUserInput); const fetchSearchDetails = (value) => { return fetch('https://www.businesstoday.in/ajax/search-mixed?key='+value+'&site=bt&type=all&size=5') .then(response => response.text()) .then(xmlData => JSON.parse(xmlData)) .then(data => {companyData = data; console.log("data",data); let companySearchHtml = `<div class="rsl_cmp_lst">`; let contentSearchHtml=''; let mfSearchHtml= `<h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" href="/mutual-funds">MUTUAL FUNDS</a></h2> <div class="srh_rsl_hdr" id="minMutualfundData">`; let amcSearchHtml= `<h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" href="/mutual-funds/amc">AMCs</a></h2> <div class="srh_rsl_hdr" id="minAmcData">`; let indicesSearchHtml = `<h2 class="srh_wdg_hdr"><a class="srh_wdg_ttl" href="/indices">INDICES ANALYSIS</a></h2> <div class="srh_rsl_hdr" id="minIndisesData">`; const result_company = data.company; const result_indices = data.indices; const result_mf = data.scheme; const result_amc = data.amc; const result_content = data.content; if(result_company != '' && result_company != undefined){ for(let data of result_company) { companySearchHtml += `<div><a class="rsl_cmp_itm" href="${data.sef_url}" target="_blank"> <span class="rsl_cmp_lhs"><strong>${data.companyname.slice(0,value.length)}</strong>${data.companyname.slice(value.length)}</span> </a></div>`; } }else{ companySearchHtml += `<a class="rsl_cmp_itm">No Data Found</a>` } if(result_indices != '' && result_indices != undefined){ console.log('result_indices', result_indices); for(let data of result_indices) { indicesSearchHtml += `<div><a class="rsl_cmp_itm" href="${data.sef_url}" target="_blank"> <span class="rsl_cmp_lhs"><strong>${data.companyname.slice(0,value.length)}</strong>${data.companyname.slice(value.length)}</span> </a></div>`; } document.getElementById("minIndisesHTML").style.display = 'block'; }else{ document.getElementById("minIndisesHTML").style.display = 'none'; } if(result_amc != '' && result_amc != undefined){ console.log('amcccc', result_amc); for(let data of result_amc) { amcSearchHtml += `<div><a class="rsl_cmp_itm" href="${data.sef_url}" target="_blank"> <span class="rsl_cmp_lhs"><strong>${data.companyname.slice(0,value.length)}</strong>${data.companyname.slice(value.length)}</span> </a></div>`; } document.getElementById("minAmchtml").style.display = 'block'; }else{ document.getElementById("minAmchtml").style.display = 'none'; } if(result_mf != '' && result_mf != undefined){ console.log('sdxcsad', result_mf); for(let data of result_mf) { mfSearchHtml += `<div><a class="rsl_cmp_itm" href="${data.sef_url}" target="_blank"> <span class="rsl_cmp_lhs"><strong>${data.companyname.slice(0,value.length)}</strong>${data.companyname.slice(value.length)}</span> </a></div>`; } document.getElementById("minMutualfundhtml").style.display = 'block'; }else{ document.getElementById("minMutualfundhtml").style.display = 'none'; } if(result_content != '' && result_content != undefined){ for(let data of result_content) { contentSearchHtml += `<div><a class="rsl_nws_itm" href="${data.sef_url}" target="_blank"><strong>${data.companyname}</strong></a></div>`; } }else{ contentSearchHtml += `<a class="rsl_nws_itm">No Data Found</li>` } companySearchHtml += '</div>'; mfSearchHtml += '</div>'; amcSearchHtml += '</div>'; indicesSearchHtml += '</div>'; if (value === '') { document.getElementById("searchButtonId").style.pointerEvents = "none"; document.getElementById("miniCompanyData").innerHTML = 'No Data Found'; document.getElementById("minMutualfundhtml").innerHTML = 'No Data Found'; document.getElementById("minAmchtml").innerHTML = 'No Data Found'; document.getElementById("miniContentData").innerHTML = 'No Data Found'; document.getElementById("minIndisesHTML").style.display = 'none'; } else { document.getElementById("searchButtonId").style.pointerEvents = "auto"; let spanElement = document.getElementById('searchButtonId'); //or grab it by tagname etc const anchorElement = document.createElement('a'); anchorElement.className = 'srh_mdl_btn'; anchorElement.id = 'searchButtonId'; anchorElement.href = `/topic/${value}`; anchorElement.textContent = 'Search'; // Replace the <span> with the new <a> element spanElement.parentNode.replaceChild(anchorElement, spanElement); $(".srh_rsl_wrp").css("display", "block"); document.getElementById("miniCompanyData").innerHTML = companySearchHtml; document.getElementById("minMutualfundhtml").innerHTML = mfSearchHtml; document.getElementById("minAmchtml").innerHTML = amcSearchHtml; document.getElementById("miniContentData").innerHTML = contentSearchHtml; document.getElementById("minIndisesHTML").innerHTML = indicesSearchHtml; } }) } </script> <script>$(document).ready(function(){$(".printPage").on('click',function(event){event.preventDefault();window.print()})});</script><script>var _sf_async_config={};_sf_async_config.uid=60355;_sf_async_config.domain="businesstoday.in";_sf_async_config.useCanonical=!0;_sf_async_config.sections="magazine";_sf_async_config.authors="K.R. Balasubramanyam/Kushan Mitra";_sf_async_config.title="Has the sun set on Paramount?";(function(){window._sf_endpt=(new Date()).getTime();var e=document.createElement('script');e.setAttribute('language','javascript');e.setAttribute('type','text/javascript');e.setAttribute('async','1');e.setAttribute('src','//static.chartbeat.com/js/chartbeat.js');document.body.appendChild(e)})();</script> <script defer src="//script.crazyegg.com/pages/scripts/0022/4822.js"></script><script> $(document).ready(function () { $(".child-dropdown").hover(function () { if (!$(this).hasClass("loaded")) { $(this).addClass("loaded"); var id = $(this).find("a").attr("id"); $.ajax({ type: "GET", url: "https://www.businesstoday.in/ajax/footer_trending", data: {"id": id}, cache: true, async: true, crossDomain: true, dataType: "html", success: function (response) { $(".container_" + id).html(response); }, error: function (jqXHR, textStatus, errorThrown) { $(this).removeClass("loaded"); } }); } }, function () { return false; }); }); </script><script> if(atViewPort == 'mobile'){ var share_href = 'whatsapp://'; $('.whatsappshare').each(function(i){ $(this).attr('href',$(this).attr('href').replace('https://web.whatsapp.com:/', share_href)); $(this).data('action','share/whatsapp/share'); }); } </script> <script> window._izq = window._izq || []; window._izq.push(["init", {"auto_prompt": false}]); </script> <script src="https://cdn.izooto.com/scripts/842341e48cf7d47c2f34a6915eacf3497270ed76.js"></script> <script> (function () { try { if("Notification" in window && "serviceWorker" in navigator) { const interval = setInterval(() => { if (Notification.permission === 'granted') { clearInterval(interval); window._izq.push(["triggerPrompt"]); } }, 300) } } catch (error) { } })() </script> <script type="application/ld+json">{"@context": "http://schema.org","@type": "BreadcrumbList","itemListElement": [{"@type": "ListItem","position": 1,"item": {"@id": "https://www.businesstoday.in","name": "News"}} ,{"@type": "ListItem","position": 2,"item": {"@id": "https://www.businesstoday.in/magazine","name": "Magazine"}} ,{"@type": "ListItem","position": 3,"item": {"@id": "https://www.businesstoday.in/magazine/features","name": "Features"}} ]}</script> <style> /* @media (max-width:767px) { */ #install-button_child{ display: flex; flex-wrap: wrap; width: 100%;} .b_logo_text{width: calc(100% - 35px); display: flex; flex-wrap: wrap;} .b_logo_text .b_logo{width: 36px; height: auto; margin-right: 8px; margin-top: 8px;} .b_logo_text .b_logo img{width: 100%; height: auto; display: block;} .b_logo_text p{ font-size: 14px; font-weight: normal; line-height: 18px; color: #000;width: calc(100% - 60px); padding: 12px 0px;} .b_logo_text p a{color: #002866; text-decoration: none;font-size: 14px; line-height: 26px;} .b_cross{ width: 35px; text-align: center; cursor: pointer; } .b_cross svg{ width: 20px; height: 20px; fill:#000; cursor: pointer; margin-top:14px;} .install-button {bottom: 0px; position: fixed; width: 100%; background-color: #fff; box-shadow: 1px -3px 10px #898989; z-index: 999; padding: 2px 5px; } /* } */ @media (min-width: 768px){.install-button{display:none !important;}} @media (max-width: 320px){.b_logo_text p a { font-size: 12px;}} </style> <div class="install-button" style="display: none;"> <div id="install-button_child"> <div id="install-button" class="b_logo_text"> <div class="b_logo"><img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt_pwa_35x19.png" alt="businesstoday" class="init-logo"></div> <p><a href="#">Add Business Today to Home Screen</a></p> </div> <div class="b_cross"> <svg viewBox="0 0 32 32" xmlns="http://www.w3.org/2000/svg"><g data-name="Layer 57" id="Layer_57"><path d="M18.83,16l8.59-8.59a2,2,0,0,0-2.83-2.83L16,13.17,7.41,4.59A2,2,0,0,0,4.59,7.41L13.17,16,4.59,24.59a2,2,0,1,0,2.83,2.83L16,18.83l8.59,8.59a2,2,0,0,0,2.83-2.83Z"></path></g></svg> </div></div> </div> <script type="text/javascript"> function loadVidoomy() {} if ('serviceWorker' in navigator) { navigator.serviceWorker.register('/service-worker.js?v=1.0').then(function(registration) { }).catch(function(err) { }); } window.addEventListener('appinstalled',evt => { console.log('App Installed'); }) let installPromptEvent; let btnInstall = document.getElementById('install-button'); window.addEventListener('beforeinstallprompt', (event) => { event.preventDefault(); installPromptEvent = event; var pwa_close = getCookiepWA('pwa_close'); if(atViewPort=='mobile' && (pwa_close=='' || pwa_close==null)){ document.querySelector('.install-button').style.display = 'block'; } }); var cookietime=1*24*60*60*1000 document.querySelector('#install-button').addEventListener('click', () => { document.querySelector('.install-button').style.display = 'none'; installPromptEvent.prompt(); installPromptEvent.userChoice.then((choice) => { if (choice.outcome === 'accepted') { } else { setCookiePWA('pwa_close','1',cookietime); } installPromptEvent = null; }); }); var b_Cross = document.querySelector(".b_cross"); var install_Button = document.querySelector(".install-button"); b_Cross.addEventListener("click", function(){ setCookiePWA('pwa_close','1',cookietime); install_Button.style.display = "none" }); function setCookiePWA(name,value,days) { var expires = ""; if (days) { var date = new Date(); date.setTime(date.getTime() + (days)); expires = "; expires=" + date.toUTCString(); } document.cookie = name + "=" + (value || "") + expires + "; path=/"; } function getCookiepWA(name) { var nameEQ = name + "="; var ca = document.cookie.split(';'); for(var i=0;i < ca.length;i++) { var c = ca[i]; while (c.charAt(0)==' ') c = c.substring(1,c.length); if (c.indexOf(nameEQ) == 0) return c.substring(nameEQ.length,c.length); } return null; } function eraseCookiePWA(name) { document.cookie = name +'=; Path=/; Expires=Thu, 01 Jan 1970 00:00:01 GMT;'; } </script><style> /* Bottom Navigation on AT M-Site */ .bottomNav{display: none;} @media only screen and (max-width: 991px){ .bottomNav{ z-index: 888; display: block; position: fixed; bottom: -1px; left: 0px; background-color: #ffffff; padding: 8px 0px; width: 100%; box-shadow: 0px -5px 6px #00000029;} .bottomNav ul{margin: 0px; padding: 0px; list-style: none; display: flex; flex-wrap: wrap; justify-content: space-between;} .bottomNav ul li{ width:20%;} .bottomNav ul li a {width: 100%; align-items: center; display: flex; flex-wrap: wrap; text-align: center;} .bottomNav ul li a p {color: #000000; margin-bottom: 0px; width: 100%; font-size: 11px; line-height: 13px;} .bottomNav ul li a svg {text-align: center; margin: 0 auto; margin-bottom: 5px; width:30px; height:30px;} .bottomNav ul li.active a p {color : #d6112b} .bottomNav ul li a svg {text-align: center;margin: 0 auto;margin-bottom: 5px;width: 100%;height: 22px;} .bottomNav ul li a svg {fill: #000;} .bottomNav ul li a svg .vsvg {stroke: #000;} .bottomNav ul li a svg .vvsvg {stroke: #000;} .bottomNav ul li.active a p{color:#30A7DF;} /* stroke="#000"*/ } @media only screen and (max-width: 360px){ .bottomNav ul li a p { font-size: 13px; line-height: 22px; } .bottomNav { padding: 5px 3px 6px 3px; } } </style><div class="container"> <div class="bottomNav"> <ul> <li> <a title="Home" href="https://www.businesstoday.in"> <svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="21" height="21" viewBox="0 0 21 21"><defs><clipPath id="clip-path21"><rect id="Rectangle_9" data-name="Rectangle 9" width="21" height="21" transform="translate(0.116 0.134)" fill="none"/></clipPath></defs><g id="Home" transform="translate(-0.116 -0.134)"><g id="home-2" data-name="home" clip-path="url(#clip-path21)"><path id="Path_11" data-name="Path 11" d="M20.926,10.222a1.009,1.009,0,0,1-.941.649H17.96v9.11a1.01,1.01,0,0,1-1.012,1.012H13.911A1.009,1.009,0,0,1,12.9,19.982V16.055a2.092,2.092,0,0,0-1.684-2.147,2.026,2.026,0,0,0-2.341,1.649,2.216,2.216,0,0,0-.03.375v4.049a1.01,1.01,0,0,1-1.012,1.012H4.8a1.01,1.01,0,0,1-1.012-1.012v-9.11H1.758A1.013,1.013,0,0,1,1.092,9.1L10.208,1a1.009,1.009,0,0,1,1.337,0L20.66,9.1A1.026,1.026,0,0,1,20.926,10.222Z" transform="translate(-0.143 -0.143)" fill="none" stroke="#30a7df" stroke-width="1.5"/></g></g></svg> <p>Home</p> </a> </li> <li> <a title="Market" href="https://www.businesstoday.in/markets"> <svg xmlns="http://www.w3.org/2000/svg" width="20.271" height="20.257" viewBox="0 0 20.271 20.257"><g id="Markets" transform="translate(-104.658 -35)"><path id="Path_14038" data-name="Path 14038" d="M124.534,188.023h-.723v-12.3a.723.723,0,1,0-1.447,0v12.3h-3.617v-5.788a.723.723,0,1,0-1.447,0v5.788h-4.341v-8.682a.723.723,0,1,0-1.447,0v8.682h-3.617v-5.064a.723.723,0,1,0-1.447,0v5.064h-.723a.723.723,0,1,0,0,1.447h18.81a.723.723,0,1,0,0-1.447Z" transform="translate(-0.328 -134.213)"/><path id="Path_14039" data-name="Path 14039" d="M122.759,35a2.163,2.163,0,0,0-1.825,3.336l-2.56,3.295a2.123,2.123,0,0,0-2.184.492l-2.14-1.075a2.162,2.162,0,1,0-4.222.333l-1.744,1.249a2.172,2.172,0,1,0,.835,1.181l1.744-1.25h0a2.152,2.152,0,0,0,2.747-.216l2.14,1.075a2.166,2.166,0,1,0,3.969-.905l2.56-3.295h0a2.166,2.166,0,1,0,.68-4.221ZM106.842,45.128a.724.724,0,1,1,.511-.212.724.724,0,0,1-.511.212Zm5.064-3.617a.724.724,0,1,1,.511-.212A.724.724,0,0,1,111.907,41.511Zm5.788,2.894a.724.724,0,1,1,.511-.212.724.724,0,0,1-.511.212Zm5.064-6.511a.724.724,0,1,1,.511-.212.724.724,0,0,1-.511.212Z" transform="translate(0)"/></g></svg> <p>Market</p> </a> </li> <li> <a title="BT TV" href="https://www.businesstoday.in/bt-tv"> <svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="22.638" height="22.25" viewBox="0 0 22.638 22.25"><defs><clipPath id="clip-path31"><rect id="Rectangle_11" data-name="Rectangle 11" width="22.638" height="16.746" fill="none"/></clipPath></defs><g id="BT_TV_Normal" data-name="BT TV Normal" transform="translate(-3.973 0.707)"><g id="video" transform="translate(3.973 4.797)" clip-path="url(#clip-path31)"><path id="Path_18" data-name="Path 18" d="M19.7.75H3.481A2.34,2.34,0,0,0,1.037,2.97v11.1a2.34,2.34,0,0,0,2.444,2.22H19.7a2.34,2.34,0,0,0,2.445-2.22V2.97A2.34,2.34,0,0,0,19.7.75Z" transform="translate(-0.147 -0.106)" fill="#30a7df" stroke="#000" stroke-width="1.5"/><path id="Path_14040" data-name="Path 14040" d="M15.079,9.916,11.4,12.04a.719.719,0,0,1-.359.1.648.648,0,0,1-.644-.679V7.213a.648.648,0,0,1,.644-.679.721.721,0,0,1,.359.1l3.68,2.124a.652.652,0,0,1,0,1.158Z" transform="translate(-0.474 -0.926)" fill="none" stroke="#fff" stroke-width="1.5"/></g><line id="Line_163" data-name="Line 163" x2="3" y2="3" transform="translate(12.5 2)" fill="none" stroke="#000" stroke-linecap="round" stroke-width="1"/><line id="Line_164" data-name="Line 164" y1="5" x2="5" transform="translate(15.5)" fill="none" stroke="#000" stroke-linecap="round" stroke-width="1"/></g></svg> <p>BT TV</p> </a> </li> <li> <a title="Reels" href="https://www.businesstoday.in/short-videos"> <svg data-name="Layer 1" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.58 22"><path d="M10.58,14.33a1.12,1.12,0,0,0,.67-.18l3.5-2a1.11,1.11,0,0,0,.67-1A1.13,1.13,0,0,0,14.75,10l-3.5-2a1.07,1.07,0,0,0-.67-.19A1.17,1.17,0,0,0,9.42,9v4.08A1.17,1.17,0,0,0,10.58,14.33Zm0-5.33c0-.05,0-.08,0-.08L14.25,11v0l-3.63,2.11,0,0a.19.19,0,0,1,0-.1Z"></path><path d="M23.5,7.55v-6A1.37,1.37,0,0,0,22,0H4.25V.08H1.5A1.41,1.41,0,0,0,0,1.58V20.5A1.37,1.37,0,0,0,1.5,22H22.17a1.33,1.33,0,0,0,1.41-1.42v-13ZM22,1.17c.3,0,.33,0,.33.33V6.42H19.17V1.17ZM1.17,1.58c0-.26.07-.33.33-.33H4.25V6.5H1.17V1.58Zm0,6.09H4.25v5.91H1.17ZM1.5,20.83c-.3,0-.33,0-.33-.33V14.75H4.25v6.08Zm16.5,0H5.42V1.17H18Zm4.42-.25c0,.22,0,.25-.25.25h-3V14.75h3.25v5.83Zm-3.25-7v-6h3.25v6Z"></path></svg> <p>Reels</p> </a> </li> <li class="footer-mb-nav"> <a id="footer_menu_svg_default" title="Menu" role="button"> <svg id="MENU_DEFAULT" xmlns="http://www.w3.org/2000/svg" width="22" height="22" viewBox="0 0 22 22"><g id="Rectangle_9787" data-name="Rectangle 9787" fill="none" stroke="#333" stroke-width="1.5"><rect width="10" height="10" rx="2" stroke="none"></rect><rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect></g><g id="Rectangle_9789" data-name="Rectangle 9789" transform="translate(0 12)" fill="none" stroke="#333" stroke-width="1.5"><rect width="10" height="10" rx="2" stroke="none"></rect><rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect></g><g id="Rectangle_9788" data-name="Rectangle 9788" transform="translate(12)" fill="none" stroke="#333" stroke-width="1.5"><rect width="10" height="10" rx="2" stroke="none"></rect><rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect></g><g id="Rectangle_9790" data-name="Rectangle 9790" transform="translate(12 12)" fill="#333" stroke="#333" stroke-width="1.5"><rect width="10" height="10" rx="2" stroke="none"></rect><rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect></g></svg> <p>Menu</p> </a> <a id="footer_menu_svg_active" title="Menu" role="button" style="display: none;"> <svg id="MENU" xmlns="http://www.w3.org/2000/svg" width="22" height="22" viewBox="0 0 22 22"> <g id="Rectangle_9787" data-name="Rectangle 9787" fill="none" stroke="#da2832" stroke-width="1.5"> <rect width="10" height="10" rx="2" stroke="none"></rect> <rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect> </g> <g id="Rectangle_9789" data-name="Rectangle 9789" transform="translate(0 12)" fill="none" stroke="#da2832" stroke-width="1.5"> <rect width="10" height="10" rx="2" stroke="none"></rect> <rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect> </g> <g id="Rectangle_9788" data-name="Rectangle 9788" transform="translate(12)" fill="none" stroke="#da2832" stroke-width="1.5"> <rect width="10" height="10" rx="2" stroke="none"></rect> <rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect> </g> <g id="Rectangle_9790" data-name="Rectangle 9790" transform="translate(12 12)" fill="#da2832" stroke="#da2832" stroke-width="1.5"> <rect width="10" height="10" rx="2" stroke="none"></rect> <rect x="0.75" y="0.75" width="8.5" height="8.5" rx="1.25" fill="none"></rect> </g> </svg> <p class="active">Menu</p> </a> </li> </ul> </div> </div> <script> var prev1 = 0; var $window1 = $(window); var nava = $('.bottomNav'); $window1.on('scroll', function(){ var scrollTop1 = $window1.scrollTop(); nava.toggleClass('btm_nav_hid', scrollTop1 > prev1); prev1 = scrollTop1; }); </script> <script type="text/javascript"> function loadVidoomy(){ } </script> <!-- iframe user id add for webenage --> <script> $(document).ready(function(){ var ssoLoginChecked = getLoginCookie('itg_g_state'); if (ssoLoginChecked != '' && ssoLoginChecked != 'null' && ssoLoginChecked != null && ssoLoginChecked !== undefined) { var luid = ssoLoginChecked; }else{ var luid = webengage?.state?.getForever()?.luid; } var pageurl = window.location.href; let newslaterlink = "https://www.indiatodaygroup.com/newsletter-subscription/widgets/display_form.php?key=8298b12532780b9268b7d968ac1ff5d0" +"&luid=" + luid +"&site="+pageurl; var $iframe = $('#daily-news-letter'); if ( $iframe.length ) { $iframe.attr('src',newslaterlink); return false; } }); </script> <!-- iframe user id add for webenage --> <script>$(document).ready(function() { displayRichMedia('ros');})</script> <script id='_webengage_script_tag' type='text/javascript'>var webengage;!function(w,e,b,n,g){function o(e,t){e[t[t.length-1]]=function(){r.__queue.push([t.join('.'),arguments])}}var i,s,r=w[b],z=' ',l='init options track screen onReady'.split(z),a='feedback survey notification'.split(z),c='options render clear abort'.split(z),p='Open Close Submit Complete View Click'.split(z),u='identify login logout setAttribute'.split(z);if(!r||!r.__v){for(w[b]=r={__queue:[],__v:'6.0',user:{}},i=0;i < l.length;i++)o(r,[l[i]]);for(i=0;i < a.length;i++){for(r[a[i]]={},s=0;s < c.length;s++)o(r[a[i]],[a[i],c[s]]);for(s=0;s < p.length;s++)o(r[a[i]],[a[i],'on'+p[s]])}for(i=0;i < u.length;i++)o(r.user,['user',u[i]]);setTimeout(function(){var f=e.createElement('script'),d=e.getElementById('_webengage_script_tag');f.type='text/javascript',f.async=!0,f.src=('https:'==e.location.protocol?'https://widgets.in.webengage.com':'http://widgets.in.webengage.com')+'/js/webengage-min-v-6.0.js',d.parentNode.insertBefore(f,d)})}}(window,document,'webengage');webengage.init('in~~99199192');</script> <script async src="https://akm-img-a-in.tosshub.com//sites/player/media/player-cross-comm.js?v=11112021-150"></script> <script> $(document).ready(function () { $("body").click(function () { $('ul.socialnewtwork').hide(); }); $('.share-li').click(function (e) { e.stopPropagation(); }); $(".share-li").click(function () { $("ul.socialnewtwork").toggle() }); $(".share-social-icons ul li.share-li ").click(function () { $(this).addClass("decoration") }) }); </script><script> window._ttCc = window._ttCc || [];_ttCc.push(function(){ (function () { itgCommentApp = window.itgCommentApp || (window.itgCommentApp = {}); var version = 1.2; var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = "https://akm-img-a-in.tosshub.com/sites/comments/resources-prod/js/minify/commentsdk.js?v=11112021-150"; s.onload = function () { itgCommentApp.init( { accesskey: "U3Mc07Esno92pJFibxPyC4NHlrOQhmkg", postid: "17250", adsCategory: "BusinessToday", contenttype: "story" }) }; document.body.appendChild(s) })(); }); </script> <script type="application/ld+json">{"@context" : "http://schema.org","@type" : "NewsArticle","mainEntityOfPage" : "https://www.businesstoday.in/magazine\/features\/story\/has-the-sun-set-on-paramount-17250-2010-04-14","headline" : "Has the sun set on Paramount?","inLanguage" : "en_US","datePublished" : "2010-04-14\\T14:38:21+05:30","dateModified" : "2010-05-08\\T16:47:34+05:30","keywords" : "- Issue Date: May 02, 2010","articleBody" : "Even by the motley standards of Indian aviation— there are nearly a dozen airlines and service variants with diverse models—Paramount Airways made for the odd man out. It was the lone all-business class carrier flying domestic skies, it was the only airline to fly Embraer-made jets, it was a regional operator long before the nomenclature became common, it flew its five planes with the highest passenger occupancy among all peers, and it had profits three years on the trot in an industry that in 2008-09 alone accounted for some Rs 10,000 crore losses.The airline seemed to have got everything right: Its medium-sized planes with a capacity of 70-75 seats qualified for a waiver of landing fees at airports and paid just four per cent sales tax on fuel (versus up to 34 per cent for larger jets), its ticket yields were a healthy Rs 4,200 (at par with Kingfisher and a third more than SpiceJet), and had a loyal following won over by gourmet on-board meals and on-time performance. &quot;For some of us looking at the regional carrier space, Paramount was the model to emulate,&quot; recalls Ankur Bhatia, Executive Director, Bird Group, a travel services company. Paramount continues to be the odd man out today. It is an airline with no planes. Almost. Between December and now, the airline's two lessors—GE Capital Aviation Services and ECC Leasing Company (a unit of Embraer, Brazil)—have taken back or are in the process of doing so five planes the Chennai airline had leased from them. Reason: Non-payment of lease rentals and dues, and suspicion that Paramount was cannibalising spare parts from one plane to keep others airworthy.Some eight months ago, Paramount promoter M. Thiagarajan, a lanky 32-year-old with the demeanour of a techie, had plans all ready to expand to north India from the south where the airline flew between cities such as Madurai, Chennai, Bangalore, Thiruvananthapuram, and Coimbatore. His model worked splendidly: With just one per cent aircraft seat capacity nationally, he commanded a market share double that by flying his planes more and fuller. His share in the southern market: An admirable 26 per cent.That is all but over and Thiagarajan is fighting court battles with lessors in the Indian Supreme Court and Royal Courts of Justice, London, even as the aviation regulator, Director General of Civil Aviation, is considering withdrawing the airline's licence to run scheduled services.Aviation rules mandate a carrier has at least five aircraft to run scheduled services. To be sure, in the past, airlines such as GoAir and MDLR have run their services with fewer planes for short periods of time, but a telling sign of Paramount's troubles is that it does not figure in the summer schedule on the regulator's website. &quot;We are looking into the impact of deregistration of aircraft on the status of the airline,&quot; says S.N.A. Zaidi, the Director General, without elaborating.What went wrong? The story of Paramount, owned by a Tamil business family with a heritage in banking and textiles, is as intriguing as it comes. After at least two dozen interviews and weeks of poring over legal filings and regulatory documents, here's what Business Today found of the inside story at the feted airline that's lost all but its wings.Diwali ShockerThe airline's cash flow problems aggravated six months ago, say people familiar with the matter. Its employees had an inkling of brewing problems in October, the month of Diwali last year, when salaries came late. Even before that, the company, say insiders, had difficulties with its payroll, but managed by making salary payouts in tranches: First paying pilots and bottom-rung workers, and then those at the middle level, but this could not be independently confirmed.The Diwali problems compounded when GECAS, as the GE lessor is better known, hauled Paramount before DGCA to deregister three Embraer jets the airline had leased. Pending payments from the airline had amounted to $821,213.42 (about Rs 3.7 crore) by July 2009, prompting the lessor to send a grounding notice on the 20th of that month, documents from proceedings at the Royal Courts of Justice show. The amount was paid, but a series of defaults followed, according to GECAS' version quoted in court proceedings. A lease termination notice was served on October 14— three days before Diwali. Three Embraer planes from GECAS no longer fly on Paramount's deep blue colours. GECAS declined comment saying it does not comment on client-specific deals. Even ECC, the Embraer leasing unit, has terminated its lease on its two planes rented to Paramount and is determined to recover its planes. &quot;ECC Leasing is pursuing deregistration of the two aircraft leased to the airline with the DGCA. ECC is also following a legal process in India to repossess our aircraft due to events of default (on the lease payments) by Paramount since 2009. Arbitration is in due course in London for payments,&quot; ECC told BT through its spokeswoman in Singapore. One of the ECC jets is grounded and the other makes for the lone one flying for Paramount. A Madras High Court order in December that restrained ECC from recovering its two jets shows the extent of the embittered relationship between the two. On July 31, 2009, according to the order, the airline told ECC in an e-mail that it had transferred some $1.5 million electronically to the lessor's bank account. ECC never received the money. On enquiry, Paramount's local bank—Axis Bank—informed ECC on August 5 that the transfers were not intended for the lessor. That same day, Paramount wired $1.1 million to ECC, but the episode left the Embraer unit very bitter. &quot;Despite the receipt of the said payment, the applicant (ECC) seeks repossession of the Air-crafts (sic), on the ground that the trustworthiness is gone due to the false mail sent on 31.7.2009...,&quot; the order said while summarising arguments of both Paramount and ECC.A combative Thiagarajan says GECAS has $49 million from Paramount in maintenance claims, a caution deposit and a maintenance deposit. &quot;We told GECAS in September-October last year that ‘You owe us a lot of money, so adjust it against the lease rentals payable' because we had no intention of renewing the lease of the three jets set to expire in October this year,&quot; he told BT. &quot;So, we stopped paying lease rentals from October end (2009).&quot; Paramount has booked planes—four Embraer jets and 10 Airbus-made planes—that start arriving in May, he insists. This is where the story gets murkier. Both Airbus and Embraer deny they have any orders from Paramount. A June 2009 deal to buy 10 A-321 planes (with the option of picking up another 10) that Paramount repeatedly points to with Airbus is just an intent to do so, Airbus India President Kiran Rao said. &quot;We signed a Memorandum of Understanding with them at an air show, that does not equate to an order,&quot; he says. Embraer, too, told BT that Paramount has &quot;no aircraft orders with us presently&quot;. Thiagarajan's answer is that he may prefer to lease from elsewhere or make outright purchases. &quot;With several aircraft grounded, there are opportunities to get them—either on rental or on purchase—at cheaper prices,&quot; he says. That will be tough because the world of aircraft lessors is a close-knit one with airline reputations marked and checked closely. Paramount could, then, find leasing planes virtually impossible, leaving it with only expensive purchase options. Example: Airline lessors were wary of leasing to Indian firms in the mid '90s after ModiLuft and East West Airlines went belly up.Costs, the DragAn investment banker from Chennai, who does not want his name taken, says what Paramount is going through is a classic &quot;heart-over-mind&quot; behaviour seen among deeply-driven entrepreneurs. &quot;Perhaps, Thiagarajan was not aware how hard an airline can guzzle money, until he experienced it. He was driven more by passion and integrity, not logic,&quot; he says.A close parallel could be Capt. G.R. Gopinath, the man who seeded lowcost aviation in India through Air Deccan, but was forced to exit in four years after funds dried up. Being a private company (the only outside investors are Kotak Private Equity and Bennett, Coleman &amp;amp; Co. that together hold five per cent), Paramount is not required to make its financial data public. The only publicly available numbers are its profit figures filed with DGCA and presented to the Lok Sabha by Civil Aviation Minister Praful Patel. The carrier made a profit of Rs 7.26 crore in 2008-09 and waferthin profits in the two years before. In Paramount's instance, experts think it's the steep lease rentals and fuel costs that did the airline in and offset all gains from lower sales taxes on fuel and exemptions from landing and parking charges at airports. Lease rentals on an Embraer E170 or E175 plane were at nearly $180,000 a month, about three times what an ATR turboprop costs, an analyst says. &quot;An airline can hope to make profits if it can keep its lease rentals at around 15-16 per cent of its revenues. But in the case of Paramount, it was at an unsustainable 37 per cent in 2007-08, 30 per cent in 2008-09 and about 20 per cent in 2009-10,&quot; estimates Mahantesh Sabarad, Senior Analyst with Fortune Financial Services, a Mumbai-based broking firm. Still, a more fundamental reason for Paramount's troubles, experts point out, was its flawed business model. Thiagarajan used long-haul, small commercial jets to fly short routes. The reason behind this argument becomes clear when one looks at one measure of airline performance with ‘Cost per Available Seat Mile', or CASM. Embraer E-170 planes operated by Paramount do not compare favourably with ATR turboprops used by Jet Airways and Kingfisher even though both types of aircraft carry around 70-odd passengers. Data from the US and Europe show Embraer jets have a 20-25 per cent higher CASM. This should not make a difference on what airlines call &quot;long-thin&quot; routes—that is longer routes with lower passenger demand (such as Chandigarh-Bangalore or Lucknow-Chennai), because ATR turboprops are not designed to fly long routes and fast. But on shorter routes, the jet's speed advantage gets negated and they waste fuel in taking-off and landing. Worse, because most of Paramount's routes were in the 500-km range, the planes had to fly at lower altitudes, which again guzzled fuel. Paramount seems to have learnt this lesson: A company insider says a few Q-400 turboprops from ATR rival Bombardier may be an option to replace the seized Embraers.That may, then, be the way forward for Thiagarajan: Low-cost, short haul. &quot;Executive travel is being permitted only on a ‘need to fly' basis. For the VFR (visiting friends, family and relative) segment, especially in the tier-II towns, the ability to get higher RPKM (rupees per passenger kilometre) is limited,&quot; says Amber Dubey, Director (Aerospace) at the consulting firm KPMG.The road back to business is going to be very arduous for Thiagarajan. The Paramount brand has suffered with cancellations and safety scrutiny by the regulator (remember the cannibalised plane?). He has very few options: Pump in substantially more than the $100 million he has already invested. Or, close shop and let Paramount be another casualty of the dogfight that Indian aviation is. Both choices are painful, sadly.","description" : "With three years of profits, Paramount Airways, an all-business class carrier, was the poster boy in Indian aviation. But, a flawed business model has left it with just one flying aircraft.","image": {"@type": "ImageObject","url" : "https:\/\/akm-img-a-in.tosshub.com\/businesstoday\/resource\/img\/default.png?size=1280:720","height" : "720","width" : "1280"},"author": [ { "@type": "Person", "name": "K.R. Balasubramanyam" },{ "@type": "Person", "name": "Kushan Mitra" } ],"publisher": {"@type": "Organization","name" : "Business Today","url" : "https://www.businesstoday.in","logo": {"@type": "ImageObject","url" : "https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-schema-logo.png","height" : "60","width" : "600"}},"associatedMedia":{"@type":"imageObject", "url":"https:\/\/akm-img-a-in.tosshub.com\/businesstoday\/resource\/img\/default.png?size=1280:720", "caption":"", "width":"1200", "height":"900"},"hasPart": { "@type": "WebPageElement", "isAccessibleForFree": false, "cssSelector" : ".paywall" }} </script><script type="application/ld+json"> {"@context": "http://schema.org/", "@type": "WebPage", "name": "Has the sun set on Paramount?", "speakable": {"@type": "SpeakableSpecification", "cssSelector": [".headline",".summary"] }, "url":"https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"} </script><script> $(document).ready(function(){ $.ajax({ type: "GET", url: "https://www.businesstoday.in/ajax/ros-right", cache: true, async: true, crossDomain: true, dataType: "json", success: function (response) { if(response.html_content) { //$("#economy_in_numbers_RHS").append(response.html_economy_number); $("#magazine_subscribe_RHS").append(response.html_magazine_chunk_content); let ssoCookieUidRos = getLoginCookie("itg_sso_uid"); let getCookiesRos = document.cookie.match(new RegExp('(^| )' + 'subscribed_ads_free' + '=([^;]+)')); if (ssoCookieUidRos != "" && getCookiesRos != null) { if (document.getElementsByClassName('sbs_mag_wrp').length > 0) { document.getElementsByClassName('sbs_mag_wrp')[0].style.display = 'none'; } } $("#latest_news_RHS").append(response.html_content); $("#videos_news_RHS").append(response.html_video_content); $("#immersive_RHS").append(response.html_immersive_content); $("#top_stories_RHS").append(response.html_top_story_content); $("#market_today_RHS").append(response.html_market_today_content); } }, error: function (jqXHR, textStatus, errorThrown) { } }); }); function SwitchTab(rudr_tab_id, rudr_tab_content) { var x = document.getElementsByClassName("tabcontent"); var i; for (i = 0; i < x.length; i++) { x[i].style.display = 'none'; } document.getElementById(rudr_tab_content).style.display = 'block'; var x = document.getElementsByClassName("tabmenu"); var i; for (i = 0; i < x.length; i++) { x[i].className = 'tabmenu'; } document.getElementById(rudr_tab_id).className = 'tabmenu active'; } </script> <script> itg_push_loyality_point('17250', 'story', 'content_visit'); </script> <script> $( document ).ready(function() { var ssoCookie=getLoginCookie('itg_forced_login'); if(ssoCookie == '' || ssoCookie == null || ssoCookie == 'null' || ssoCookie == undefined){ $(".bookmark_tracking a").attr("href", 'https://auth.indiatoday.in/saml_login/other/aHR0cHM6Ly93d3cuYnVzaW5lc3N0b2RheS5pbi9tYWdhemluZS9mZWF0dXJlcy9zdG9yeS9oYXMtdGhlLXN1bi1zZXQtb24tcGFyYW1vdW50LTE3MjUwLTIwMTAtMDQtMTQjc3NvbG9naW49MQ=='); } }); $(".social_tracking li a, .tree-ul-li li, .bookmark_tracking a").on('click', function (event) { var ssoCookie = getLoginCookie("itg_sso_uid"); var user_activity = $(this).attr('data-activity'); var undodataactivity = $(this).attr('data-undo'); if(ssoCookie != '' && ssoCookie != null && ssoCookie != 'null' && ssoCookie !== undefined && ssoCookie.length > 2 && user_activity != null && user_activity !== undefined && user_activity !== 'undefined'){ if(user_activity == 'read_later' || user_activity == 'watch_later'){ //$('.bookmark_tracking a').addClass('okclass'); itg_push_loyality_point('17250', 'story', user_activity, undodataactivity); }else{ itg_push_loyality_point('17250', 'story', user_activity); } }; }); </script> <script> var webengageTrackData = {}; // category view webengageTrackData["Category Name Level 1"]= "magazine"; webengageTrackData["Category Name Level 2"]= "features"; webengageTrackData["Author"]= "K.R. Balasubramanyam/Kushan Mitra"; webengageTrackData["Content Id"]= "17250"; webengageTrackData["Title"]="Has the sun set on Paramount?"; webengageTrackData["Content Published Date"]= "14 Apr 2010"; webengageTrackData["Content Published Time"]= "14:38"; webengageTrackData["image"]= "https://akm-img-a-in.tosshub.com/businesstoday/resource/img/default.png"; webengageTrackData["Content Type"]= "story"; webengageTrackData["Page URL"]= "https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"; webengageTrackData["IsAMP"]= "false"; webengageTrackData["Exclusive article"]= "false"; var ssoLoginChecked = getLoginCookie('itg_forced_login'); if (ssoLoginChecked != '' && ssoLoginChecked != 'null' && ssoLoginChecked != null && ssoLoginChecked !== undefined) { webengageTrackData["Login Status"]= "Logined In"; }else{ webengageTrackData["Login Status"]= "Not Logined In"; } itg_webengage_activity(webengageTrackData,"story"); // start social icon on pages $(document).on("click",".social_share",function() { var webengageTrackData = {}; var scltype = this.getAttribute('data-activity'); webengageTrackData["Category Name Level 1"]= "magazine"; webengageTrackData["Category Name Level 2"]= "features"; webengageTrackData["Author"]= "K.R. Balasubramanyam/Kushan Mitra"; if (scltype != '' && scltype != 'null' && scltype != null && scltype !== undefined) { webengageTrackData["Platform shared"] = scltype ; } webengageTrackData["Content Id"]= "17250"; webengageTrackData["Title"]="Has the sun set on Paramount?"; webengageTrackData["Content Published Date"]= "14 Apr 2010"; webengageTrackData["Content Published Time"]= "14:38"; webengageTrackData["Content Type"]= "story"; webengageTrackData["Page URL"]= "https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"; webengageTrackData["IsAMP"]= "false"; webengageTrackData["Exclusive article"]= "false"; var ssoLoginChecked = getLoginCookie('itg_forced_login'); if (ssoLoginChecked != '' && ssoLoginChecked != 'null' && ssoLoginChecked != null && ssoLoginChecked !== undefined) { webengageTrackData["Login Status"]= "Logined In"; }else{ webengageTrackData["Login Status"]= "Not Logined In"; } itg_webengage_social_activity(webengageTrackData,"story"); }); // end social icon on pages // start fedback-sec icon on pages $(document).on("click",".fedback-sec",function() { var webengageTrackData = {}; webengageTrackData["Page URL"]= "https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"; itg_webengage_social_activity(webengageTrackData,"Feedback"); }); // end fedback-sec icon on pages // start postComment icon on pages $(document).on("click",".postComment",function() { var webengageTrackData = {}; webengageTrackData["Page URL"]= "https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"; itg_webengage_social_activity(webengageTrackData,"Comment"); }); // end postComment icon on pages // start Tag event icon on pages $(document).on("click",".tranding_tag",function() { var TagURL = $('a', this).text(); var webengageTrackData = {}; webengageTrackData["Tag Name"]= TagURL ; webengageTrackData["Page URL"]= "https://www.businesstoday.in/magazine/features/story/has-the-sun-set-on-paramount-17250-2010-04-14"; itg_webengage_social_activity(webengageTrackData,"Tag"); }); // end Tag event icon on pages // vedio play event //end </script> <script> const sanaAudio = document.getElementById('sana_audio'); const footer = document.getElementById('bt-footer'); const close_sana = document.querySelector('.close_sana'); function updateStickyClass() { var scrollPosition = window.scrollY || window.pageYOffset; var sanaAudioRect = sanaAudio.getBoundingClientRect(); var footerRect = footer.getBoundingClientRect(); if (scrollPosition >= 600 && !sanaAudio.classList.contains('is-sticky') && sanaAudioRect.bottom < footerRect.top) { sanaAudio.classList.add('is-sticky'); } if (sanaAudioRect.bottom >= footerRect.top && sanaAudio.classList.contains('is-sticky')) { sanaAudio.classList.remove('is-sticky'); } }; function closeSanaAudio() { sanaAudio.classList.remove('is-sticky'); window.removeEventListener('scroll', updateStickyClass); window.removeEventListener('resize', updateStickyClass); } window.addEventListener('scroll', updateStickyClass); window.addEventListener('resize', updateStickyClass); close_sana.addEventListener('click', closeSanaAudio); </script><script> var getUrlParameter = function getUrlParameter(sParam) { var sPageURL = window.location.search.substring(1), sURLVariables = sPageURL.split('&'), sParameterName, i; for (i = 0; i < sURLVariables.length; i++) { sParameterName = sURLVariables[i].split('='); if (sParameterName[0] === sParam) { return sParameterName[1] === undefined ? true : decodeURIComponent(sParameterName[1]); } } return false; }; $( document ).ready(function() { var entrypoint = getUrlParameter('entrypoint'); if(entrypoint) { window.location.href = `https://auth.indiatoday.in/singleurl/login/${entrypoint}`; } }); function setCookie(cname, cvalue, exdays){ const d = new Date(); d.setTime(d.getTime() + (exdays*24*60*60*1000)); let expires = "expires="+ d.toUTCString(); document.cookie = cname + "=" + cvalue + ";" + expires + ";path=/"; }; function saveDataToLocalStorage(data) { now = new Date(); const totalDays = new Date(now.getFullYear(), now.getMonth()+1, 0).getDate(); const today = now.getDate(); let remainingDays = totalDays - today; if(remainingDays == 0) { remainingDays = 1; } var a = []; let getCookies = document.cookie.match(new RegExp('(^| )' + 'magazineSession' + '=([^;]+)')); if (getCookies) { a = JSON.parse(getCookies[2]) || []; } if (a.indexOf(data) === -1) { a.push(data); setCookie('magazineSession', JSON.stringify(a), remainingDays); } return a; } $(document).on("click", '#paywallSignInBtn', function() { window.location.href = `https://auth.indiatoday.in/saml_login/other/${btoa(window.location.href+"#ssologin=1")}`; }); function callAjaxForPaywall(magazineId, isSubscribed = 0) { $.ajax({ type: "GET", url: "https://www.businesstoday.in/ajax/get-paywall-html?magazine_id=" + magazineId, cache: true, async: true, crossDomain: true, dataType: "json", success: function (response) { if(response.status == 'success' && response.result != null) { if(isSubscribed == 0) { let totalSelection = saveDataToLocalStorage(magazineId); if(totalSelection.length > 0) { console.log('total watch story', totalSelection.length); if(totalSelection.length <= response.result.metered_free_story_count) { if(response.result.metered_paywall != null) { //console.log('full',response.result.paragraph.full_description); document.getElementById('descriptionStoryId').innerHTML = response.result.paragraph.full_description; const subEl = document.getElementById('magazinePayWallStrip'); subEl.innerHTML = response.result.metered_paywall; document.getElementsByClassName('sbs_stk_num')[0].innerHTML = `${(response.result.metered_free_story_count)-(totalSelection.length)}<span class="sbs_stk_out">out of</span>${response.result.metered_free_story_count}`; document.getElementsByClassName('sbs_stk_lnk')[0].setAttribute('href',`https://subscriptions.intoday.in/businesstoday?utm_source=paywall&originURL=${window.location.href}`); document.body.appendChild(document.createElement('script')).src="https://akm-img-a-in.tosshub.com/sites/businesstoday/recommend-js/check-this-out-v2.js?v=11112021-150"; } } else { if(response.result.responsive_paywall != null) { let html = document.getElementsByClassName('text-formatted')[0]; html.innerHTML = `<div id="appendMagazineChunk" class="non-paywall">${response.result.paragraph.first_description}${response.result.responsive_paywall}</div>`; //document.getElementsByClassName('str_ftr_wrp')[0].style.display = 'none'; //document.getElementsByClassName('description')[0].style.display = 'none'; if(ssoCookieUid != '') { document.getElementById('paywallSignInBtn').innerText = ''; } document.getElementById('allCompletedStoryCount').innerText = response.result.metered_free_story_count; //document.getElementsByClassName('sbs_wdg_msg')[0].innerHTML = `You have completed all ${response.result.metered_free_story_count} free stories.`; document.getElementsByClassName('sbs_wdg_btn')[0].setAttribute('href',`https://subscriptions.intoday.in/businesstoday?utm_source=paywall&originURL=${window.location.href}`); gtag('event', 'Paywall_Blocker', { 'event_category': 'BT_PaywallEvent', 'event_label': 'BT_PaywallEvent', 'value': 1 }); } } } } else { document.getElementById('descriptionStoryId').innerHTML = response.result.paragraph.full_description; document.body.appendChild(document.createElement('script')).src="https://akm-img-a-in.tosshub.com/sites/businesstoday/recommend-js/check-this-out-v2.js?v=11112021-150"; let adsContainers = document.querySelectorAll(".itgdAdsPlaceholder"); if (adsContainers && adsContainers?.length > 0) { for (let adContainer of adsContainers) { var rightAdMid1300X2501 = adContainer.querySelectorAll("#div-gpt-ad-1"); var rightAdMid1300X2502 = adContainer.querySelectorAll("#div-gpt-ad-2"); var rightAdMid1300X2503 = adContainer.querySelectorAll("#div-gpt-ad-3"); var rightAdMid1300X2504 = adContainer.querySelectorAll("#div-gpt-ad-4"); var rightAdMid1300X2505 = adContainer.querySelectorAll("#div-gpt-ad-5"); if (rightAdMid1300X2501.length == 1) { adContainer.remove(); continue; } if (rightAdMid1300X2502.length == 1) { adContainer.remove(); continue; } if (rightAdMid1300X2503.length == 1) { adContainer.remove(); continue; } if (rightAdMid1300X2504.length == 1) { adContainer.remove(); continue; } if (rightAdMid1300X2505.length == 1) { adContainer.remove(); continue; } } } } } else { console.log('Something went wrong!'); } }, error: function (jqXHR, textStatus, errorThrown) { //Do Something to handle error } }); } var fired = 0; document.onscroll = function() { if(fired == 0){ if (document.documentElement.scrollTop + window.innerHeight > document.documentElement.scrollHeight * 0.20) { fired = 1; let isMagazine = '1'; let magazineArr = []; let is_enable_micro_payment = '0'; console.log('scroll isMagazine', isMagazine, is_enable_micro_payment); let magazineId = '17250'; if(isMagazine == 1 && is_enable_micro_payment == 1) { var ssoCookieUid = getLoginCookie("itg_sso_uid"); //var ssoCookieUid = 'MjEwMjcz'; if(ssoCookieUid != '') { let getCookies = document.cookie.match(new RegExp('(^| )' + `subscription_${atob(decodeURIComponent(ssoCookieUid))}` + '=([^;]+)')); console.log('logged-in=======================And subscribed user====', getCookies); if (getCookies == null) { $.ajax({ type: "GET", url: "https://www.businesstoday.in/ajax/check-subscribe-magazine?magazine_id=" + magazineId + '&ssoId=' + ssoCookieUid, cache: true, async: true, crossDomain: true, dataType: "json", success: function (response) { if(response.status == 'success' && response.subscribe != null) { let subscribe = response.subscribe; if(subscribe.subs_status == 'unsubscribed' || subscribe.subs_status == null) { console.log('not subscribe'); callAjaxForPaywall(magazineId, 0); } else { console.log('subscribe'); setCookie(`subscription_${subscribe.uid}`, 'subscribed', 1); callAjaxForPaywall(magazineId, 1); } } }, error: function (jqXHR, textStatus, errorThrown) { //Do Something to handle error } }); } else { console.log('subscribe saved cokie'); callAjaxForPaywall(magazineId, 1); } } else { console.log('not logged-in'); callAjaxForPaywall(magazineId, 0); } } } } }; function myFunction() { var element = document.getElementById("sbs_stk_cls"); document.querySelector('.sbs_stk_wrp').classList.add("closed"); } $(document).on("click", '#closeBottomSlider', function(event) { let element = document.getElementsByClassName('sbs_stk_wrp')[0]; if(element) { element.classList.add("sbs_stk_btm"); } }); $(document).on("click", '#crossBtn', function(event) { $('.desktop-container').css('display', 'none'); }); const compwidget__inline = document.querySelectorAll(".compwidget__inline"); // function setIframeHeight(iframe) { // const iframeContentHeight = iframe.contentWindow.document.body.scrollHeight; // iframe.style.height = `${iframeContentHeight}px`; // } // if(compwidget__inline.length >= 1){ // compwidget__inline.forEach(function(iframe){ // iframe.onload = function() { // setIframeHeight(iframe); // }; // iframe.contentWindow.addEventListener('resize', function(){ // setIframeHeight(iframe) // }); // }); // } const tweeterEl = document.querySelectorAll(".embedcode .twitter-tweet"); tweeterEl.forEach(el => { if(el.length !== null || el.length !== undefined){ el.closest(".embedcode").style.paddingBottom = "0px"; } }); </script> <!-- Company Stock widget --> <!-- Mutual Fund Widget --> <script type="application/ld+json"> {"@context": "https://schema.org", "@type": "Organization", "name": "Business Today", "url": "https://www.businesstoday.in", "address": {"@type":"PostalAddress", "streetAddress":"FC-8, SECTOR - 16A, Film city", "addressLocality":"Noida", "addressRegion":"India", "postalCode":"201301"}, "logo": "https://akm-img-a-in.tosshub.com/businesstoday/resource/img/bt-schema-logo.png", "sameAs": [ "https://www.facebook.com/BusinessToday", "https://twitter.com/business_today", "https://www.youtube.com/user/businesstodayindia"] } </script><script type="application/ld+json">{"@context":"http://schema.org","@type":"WebSite","url":"https://www.businesstoday.in","potentialAction":{"@type":"SearchAction","target":"https://www.businesstoday.in?q={search_term_string}","query-input":"required name=search_term_string"}}</script><script type="application/ld+json"> { "@context":"https://schema.org", "@type":"SiteNavigationElement", "name":["Home","India","Magazine","BT TV","Market Today","Tech Today","Money Today","Mutual Funds","Industry","Visual Stories","BT Reels","PMS Today","US News","Economic Indicators","UPSTART","Weather","BT Shorts","NRI","Education","BT Golf","AI Conference","BT 500" ], "url":[ "https://www.businesstoday.in","https://www.businesstoday.in/india","https://www.businesstoday.in/magazine","https://www.businesstoday.in/bt-tv","https://www.businesstoday.in/markets","https://www.businesstoday.in/tech-today","https://www.businesstoday.in/personal-finance","https://www.businesstoday.in/mutual-funds","https://www.businesstoday.in/industry","https://www.businesstoday.in/visualstories","https://www.businesstoday.in/short-videos","https://www.businesstoday.in/pms","https://www.businesstoday.in/world/us","https://www.businesstoday.in/economic-indicators","https://www.businesstoday.in/entrepreneurship","https://www.businesstoday.in/weather","https://www.businesstoday.in/shorts","https://www.businesstoday.in/nri","https://www.businesstoday.in/education","https://www.businesstoday.in/bt-golf/2024","https://www.businesstoday.in/ai-conference","https://www.businesstoday.in/bt500"] } </script> </body> </html>