Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed sources. These numbers were part of an internal review meeting between founder Ritesh Agarwal and senior management earlier this week, where he spoke about the company's profitability trajectory and growth in business.
India will drive growth in the Asia-Pacific (Apac) region as the growth engine is likely to shift from China to South and Southeast Asia in the coming years, S&P Global Ratings said in a report on Tuesday. The rating agency's report projected China's growth to slow down to 4.6 per cent by 2026 from an estimated 5.4 per cent in 2023. India is likely to clock 7 per cent economic growth from 6.4 per cent estimated for 2023.
The 31 pre-historic tombs are scattered in an area of 800 square meters at the bottom of the Dongzhang Reservoir,\n\nwhich has dried up due to continual droughts.
Around 12.30 am, the elevated platform collapsed as it could not bear the weight of the people sitting on it and fell on those seated below, the DCP said.
Fear and uncertainty loomed over the residents of southeast Delhi's Shaheen Bagh area, a day after the Centre notified the rules of Citizenship Amendment Act (CAA).
More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
Police suspect that one of the persons who visited the blast site at the Prithviraj Road two hours prior to the incident had come from Jamia Nagar in southeast Delhi.
"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.
As per the India Meteorological Department (IMD), which closely monitors the cyclonic storm said, 'The SCS 'Mocha' intensified into a very severe cyclonic storm, lay centred at 05.30 hours IST of 12th May 2023 over central adjoining southeast Bay of Bengal near latitude 13.2N and long 88.1E, about 520 km west-northwest of Port Blair.'
The government declared Monday (Dec 4) a public holiday and urged private companies to encourage 'work from home' option for its employees in Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts.
Besides heavy traffic congestion, the intermittent heavy rains led to inundation in several parts of the city and neighbouring districts of Tiruvallur, Kancheepuram and Chengelpet.
India is set to experience extreme heat during the April to June period, with the central and western peninsular parts expected to face the worst impact, the IMD said on Monday as the country prepares for seven-phase general elections from April 19.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.
A depression over the southeast Arabian Sea, south of Porbandar in Gujarat, is likely to move northwestward and intensify into a cyclonic storm, the India Meteorological Department said on Tuesday.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
With the arrests of nine men, including four Bangladeshi nationals, the Delhi Police on Monday claimed to have busted an international racket that used to send people to European countries on the basis of illegal documents.
It said the weather system was expected to intensify into a deep depression by 5.30 am on Wednesday and turn into Cyclone Mocha in the next 12 hours, packing wind speeds of 80-90 kmph and gusting to 100 kmph.
Beauvais airport near Paris said that it was evacuated "following an anonymous threat received by several French hubs."
In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
In the short video clip, other crew members could be seen shouting at the passenger after he hit the pilot.
The Qatari spokesperson stated that Mossad will provide the Qataris with a list of Palestinian inmates who are likely to be released.
Swedish telecom gear maker Ericsson on Saturday announced setting up a 6G research and development centre in Chennai. Ericsson is also looking to partner with other premier engineering institutes in India for 6G-related research. "This R&D centre in India is a small unit which will become bigger. We only have three in the world.
A 24-year-old woman was shot dead allegedly by a man in front of her brother and mother inside her house in the southeast Delhi's Jaitpur area, police said on Saturday.
United States President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday.
This is one of the biggest burglaries reported in the national capital.
The situation in fact is not that worrying for Thursday and IMD regional director Ganesh Das said the rain is expected to be "light and moderate".
Islamabad also summoned the Iranian charge d'affaires here and issued a strongly worded condemnation of Iran's "violation of its airspace", the Foreign Office said.
In outbound travel, India will be ahead of Italy, South Korea, Australia, Canada and France.
'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'
'I thought of a suppressed country and a free world.' 'If we travel from one to another, what will that road look like?' 'What colours, music there will be? What kind of people would you see?'
'He did some great work and people remember him from so many things, but he should have got some stronger parts.'
It will also be the third cyclone to hit the western state in June since 1965, the meteorological office said.
Authorities were on their toes in Banaskantha and Patan districts and relocated thousands of people residing in low-lying areas to safer places, they said.
IMD Director General Mrutunjay Mohapatra said the department's modelling indicate formation of a cyclonic storm around May 9, but its movement and intensification may be determined after the low pressure area actually forms on May 7.
According to IMD, the cyclonic storm weakened into a 'deep depression' at 11:30 pm on Friday over Southeast Pakistan.
Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.
An earthquake of magnitude 3.1 struck Faridabad in Haryana at 4.08 pm on Sunday, the National Centre for Seismology said.
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