in the last three months, brands such as Tata Starbucks, KFC, and Pizza Hut have launched drive-through or kerb-side delivery services at their restaurants to catch consumers nervous about dining in.
Here's a graphical representation of the Indian economy. . .
Rajneesh Gupta lists all the important numbers from Day 5 of the 4th Test at the Oval.
Multiplex chains are rushing to smaller towns
Jet airways crew member Chaphekar recalled her experience of how she survived the horrible attack and her determination and courage not to give up when things were falling apart.
Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.
The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.
An overview of how the tournament could give it a welcome boost...
'Siraj, leader of the attack in his first Test series and he has led from the front.'
EduSports, a unique venture launched by an IIT, IIM alumnus, aims to get 1 million kids get healthier through the magic of sport. With a turnover of Rs 3.6 crore in just a year, it makes eminent business sense too.
India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.
Many individuals filing tax returns declare zero tax liability. They accounted for two-thirds of the total individual returns filed.
Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty, rights group Oxfam said on Monday.
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
China's trade has zoomed despite doomsday predictions about the impact of WTO accession, but there are concerns.
Indian animation and gaming training institutes are gearing to scale up their businesses and open up new avenues for professionals who are passionate about animation and gaming technologies.
An alumni of the prestigious Cornell University and a senior techie (coder) at Oracle, Netravalkar juggled academics and cricket with aplomb.
Tata Motors reported a consolidated net profit of Rs 17,483 crore (adjusted for exceptional gains and losses) for Q4FY24, surpassing TCS' consolidated net earnings of Rs 12,434 crore. For the automotive major, this marked a 213.7 per cent year-on-year increase in the bottom line, from Rs 5,573.8 crore a year ago. In contrast, India's biggest IT firm saw a more modest Y-o-Y growth of 9.1 per cent in net profit, from Rs 11,392 crore.
The IPO boom in 2023 added four new promoters to the billionaires' list.
Eighty per cent, or 60 of the 75 companies that made their debut on the mainboard this financial year, ended their listing day with gains.
The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.
Despite what partisan fund managers are projecting, the rise in the Indian equity market has to be evaluated carefully.
The consistently heavy downpour of films, shows, events, videos and whatnot is causing economic disruption.
Roads are being expanded, bridges are being built, hotels are springing up, and the crowds are pouring in. Bringing with them promise of unforeseen economic boom. Ayodhya, it seems, has opened up its heart, Saisuresh Sivaswamy/Rediff.com discovers on his first day in the city.
An Indian legal professional who takes home Rs 25,000 a month earns a tiny fraction of the Rs 10,000 an hour that his counterpart in the US earns.
Maldivian Foreign Minister Moosa Zameer on Saturday said India's gesture to renew the quota to allow the export of certain quantities of essential commodities for his nation signifies the longstanding bilateral friendship and the commitment to further expand trade and commerce.
Pat Cummins-led side will also want to challenge for the top two spots, which is a possibility considering they have one more game after this match and a healthy net run rate of +0.406.
Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion versus India's $4.75 trillion, according to data compiled by Bloomberg. In January, the domestic equity markets' market capitalisation had surpassed that of Hong Kong following a spectacular rally in the small- and midcap stocks.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
Firms like Global Adjustments are offering support services to foreign executives in India.
Asia-Pacific economies continue to outpace other regions of the world, whose growth prospects have weakened over the first half of 2013.
'During the scorching summer months of election season, largescale outdoor gatherings create a prime opportunity for increased consumption in the packaged drinking water category.'
The software sector has once again underlined its importance to the country by accounting for more than half of the total jobs created by Indian industry in the last financial year.
In spite of a curb on P-notes and markets being generally volatile throughout November, IPOs have bucked the trend by most of them getting listed at a premium. It seems that FIIs have entered more aggressively into primary market after this move.
India's cable television distribution industry comprising multi system operators and local cable operators is set to generate over Rs 1,000 crore a year as carriage fee from the channels slated for launch in the coming months.
Following good rains and high global edible oil prices, soybean acreage is likely to touch a record 84 lakh hectares in the current kharif season.
The stock market may be at a new high this month, but there isn't much reason to cheer if the "early bird" financial results of companies are anything to go by.
Analysts and investors are optimistic on India, but it is difficult to be as bullish.
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