Economic Times
India's hotel industry saw growth in the third quarter of 2024. The increase in revenue per available room was a significant 10.8%. Hyderabad led th
The Indian Hotels Company Limited (IHCL) has announced its Accelerate 2030 strategy, aiming to double its consolidated revenue to INR 15,000 crore and
Indian coffee chain Blue Tokai is brewing ambitious plans for expansion. Aiming to triple its revenue by 2027, the company plans to expand its café n
North Indian malls are battling pollution woes. Footfalls are down as shoppers prefer to stay indoors. Malls are using advanced filtration systems to
India's government advisor, Tarun Kapoor, suggests reviewing tax policies for electric vehicle batteries and charging services. While EV sales are soa
Ramalingam Subramanian is the new president of Cox & Kings. He will lead the company's growth under Wilson and Hughes. Cox & Kings plans to relaunch
The Hindi film industry is facing a crisis as traditional film producers, known for their passion and risk-taking, are fading away. A new force of st
Indian telecom companies see revenue increase. Tariff hikes benefit companies like Airtel, Jio, and VIL. Subscriber numbers drop as customers adjust t
Indian steel companies are poised for a stronger third quarter, with rising demand and improved margins driven by price hikes in long steel and stable
Singtel at present directly owns 9.5% in Bharti Airtel through its affiliate, Pastel Ltd, while the Sunil Mittal-led promoter family holds a 3.31% dir
Negotiations between Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India for a 50:50 joint venture have stalled due to disagreements on key issu
India's Competition Commission has fined Meta approximately $26 million for abusing its dominant market position with WhatsApp's 2021 privacy policy.
Several Indian wearable brands, including Play, Wings, Vingajoy, and Riversong, have ceased operations due to declining demand and low profit margins.
City gas companies in India, including IGL and Adani Total Gas, are considering raising CNG prices due to reduced supplies of cheaper natural gas. Gov
WestBridge Capital and Tata AIG's outgoing CEO, Neelesh Garg, are teaming up to launch a new AI-driven general insurance venture. The venture will foc
Dr Reddy's Laboratories and FDC Ltd issued voluntary recalls for medications in the US market due to manufacturing defects. Dr Reddy's recalled lots o
Delhi University is launching a satellite system. The university aims to connect students globally. It will use the latest technology for education. T
Hyundai Motor India is witnessing a surge in demand for its CNG vehicles. The company attributes this growth to the expanding CNG infrastructure and i
Gazprom, Russia's state-owned energy giant, has cut off gas supplies to Austria following a payment dispute with OMV, Austria's largest energy provide
Despite an overall decline in consumer spending, the fragrance industry in India is experiencing remarkable growth. Driven by increased distribution a
