Business
Nothing illegal about service charge in restaurants: NRAI
UNI -
New Delhi: The National Restaurant Association of India (NRAI) on Wednesday reiterated that there is no illegality in levying service charges in restaurants.''Service charge is a part of the owner’s discretion/decision regarding the total price payable by a customer...
Business
India’s services PMI on 11-year-high at 59.2 in June
UNI -
New Delhi: India's services PMI (purchasing managers' index) accelerated to over an 11-year-high at 59.2 in June from 58.9 in May on the back of a sharp rise in new business and output, according to S&P Global survey released...
Business
IndiGo flights face massive delays, DGCA seeks explanation
UNI -
New Delhi: The operations of IndiGo airlines were affected across the country as its several flights faced delays due to non-availability of its crew members.As per on-time performance (OTP) data available on Civil Aviation Ministry, IndiGo's OTP on July...
Business
Ahmedabad has the most affordable housing market in India
UNI -
Kolkata: Ahmedabad has the most affordable housing market in India among the top eight cities in the country, a study said on Saturday.Pune, Chennai, and Kolkata occupy the next three positions, as per data collected in the first half...
Business
Digantara Launches World’s Smallest Digital Space Weather Instrument
UNI -
Mumbai: Digantara, a space tech startup building a one-stop solution for space operations, launches the World’s first commercial space-based weather system, ROBI (ROBust Integrating proton fluence meter), on the most prestigious Indian Space Research Organization's PSLV – C53 Mission.Started...
Business
India manufacturing PMI eases to 53.9 in June: S&P Global
UNI -
New Delhi: Manufacturing sector recovery extended to June on the back of robust demand but price pressures dampened growth.The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 53.9 in June from 54.6 in May.While a reading above...
Business
Sitharaman urges industries to engage with state govts
UNI -
New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday urged industries to interact with respective state governments to sort out their issues.'I appeal to industries to engage with the state governments. When industries approach the state governments and...
Business
Road Contractors set for 200 bps decline in margins: CRISIL
UNI -
New Delhi: Road contractors are set for a 200 bps decline in margins, rating agency CRISIL said on Wednesday.Credit profiles will remain stable, backed by strong awarding, and deleveraged balance sheets, it said.Aggressive bidding and high raw material prices...
Business
Mukesh Ambani steps down, son Akash takes over as Reliance Jio chairman
New Delhi: The board of Reliance Jio has appointed Akash Ambani as its Chairman, the company said in a regulatory filing on Monday.The elevation of Akash Abmani at Reliance Jio board chairman was announced, along with the resignation of...
Business
Goel Food Products Lists on BSE SME Platform
UNI -
Mumbai: Goel Food Products Limited became the 377th company to get listed on the BSE SME Platform on June 28, 2022, the company announced on Tuesday.The company came out with an initial public offering of 1,001,600 Equity Shares of...
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Manipur King calls for return of ‘lost territory’, Congress counters with historical facts
Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...
