Services

Zomato's March Quarter Loss Widens On Rising Expenses

Zomato's March Quarter Loss Widens On Rising Expenses

Reuters | Monday May 23, 2022, BENGALURU

The company's consolidated net loss widened to Rs 360 crore for the three months ended March 31, 2022 from Rs 131 crore a year earlier

Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy

Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy

Press Trust of India | Sunday May 22, 2022, New Delhi

Amazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group

Paytm Sets Up Joint Venture Insurance Firm, To Invest Rs 950 Crore In 10 Years

Paytm Sets Up Joint Venture Insurance Firm, To Invest Rs 950 Crore In 10 Years

Press Trust of India | Saturday May 21, 2022, New Delhi

One 97 Communications Limited (OCL), which operates under Paytm brand, on Saturday said it has formed a joint venture (JV) general insurance company

As Pandemic Boom Wanes, JP Morgan Downgrades India's IT Industry

As Pandemic Boom Wanes, JP Morgan Downgrades India's IT Industry

Reuters | Thursday May 19, 2022

The pandemic growth boom in India's IT services industry is fading; JP Morgan analysts said as they downgraded the sector to "underweight".

Radisson Aims To Add 100 Hotels By 2025 In India, Says CEO

Radisson Aims To Add 100 Hotels By 2025 In India, Says CEO

Press Trust of India | Thursday April 28, 2022, Manila

Radisson Hotel Group plans to add 100 hotels in India by the end of 2025 as part of its ambitious plans for expansion in the Asia-Pacific region

Nationwide Strike Hits Banking Operations, Transport Services

Nationwide Strike Hits Banking Operations, Transport Services

Press Trust of India | Monday March 28, 2022, New Delhi

Public dealings at some bank branches were hit and transport services were affected as thousands of workers began a two-day nationwide strike

After 2-Year Lull, Hospitality Sector Expects 20% Occupancy Jump

After 2-Year Lull, Hospitality Sector Expects 20% Occupancy Jump

Reported by Sakshi Bajaj, Edited by Animesh Singh | Sunday March 27, 2022

India's resumption of international flights is likely to be a big boost for the country's hospitality industry

Swiggy, Food Delivery Giant, Eyes $800 Million IPO Early Next Year

Swiggy, Food Delivery Giant, Eyes $800 Million IPO Early Next Year

Reuters | Tuesday February 22, 2022, Bengaluru

Swiggy, Indian food delivery giant has started preparations to raise at least $800 million in an IPO early next year.

Labour Ministry Expands ESIC Health Check-Up Scheme To 15 Cities

Labour Ministry Expands ESIC Health Check-Up Scheme To 15 Cities

Edited by Animesh Singh | Saturday February 12, 2022, New Delhi

In December 2021, scheme for ESIC members aged above 40 years was launched at ESI hospitals in Ahmedabad, Faridabad, Hyderabad, Varanasi and Kolkata

Government Open To Consider Restaurant Owners' Demand For Higher GST Levy

Government Open To Consider Restaurant Owners' Demand For Higher GST Levy

Press Trust of India | Wednesday February 09, 2022, New Delhi

Government is open to considering the restaurant industry's demand of shifting back to higher GST along with benefit of tax credit on their inputs

Facing Losses, Tamil Nadu Restaurant Owners Fear Lockdown Amid 3rd Wave

Facing Losses, Tamil Nadu Restaurant Owners Fear Lockdown Amid 3rd Wave

Reported by J Sam Daniel Stalin, Edited by Animesh Singh | Sunday January 16, 2022

Restaurant industry has sent an SOS to Tamil Nadu government against any move to impose lockdown and to spare them from the 50 per cent restrictions

Government Extends Consumer Commissions' Jurisdiction To Reduce Pendency

Government Extends Consumer Commissions' Jurisdiction To Reduce Pendency

Edited by Animesh Singh | Thursday December 30, 2021, New Delhi

Complaints related to goods and services whose value exceeds Rs 2 crore, will now be heard by the National Consumer Disputes Redressal Commission

HDFC Bank Ties Up With Indian Post Payments Bank To Extend Rural Reach

HDFC Bank Ties Up With Indian Post Payments Bank To Extend Rural Reach

Edited by Animesh Singh | Monday December 27, 2021, New Delhi

HDFC Bank has entered into a pact with India Post Payments Bank to extend its reach to semi-urban and rural areas

Uber To Allow Booking Rides Through WhatsApp In India: Report

Uber To Allow Booking Rides Through WhatsApp In India: Report

Reuters | Thursday December 02, 2021

"Starting this week, we are rolling out a new service that gives people the option to book an Uber ride via an official Uber WhatsApp chatbot," Uber saidin a blog post.

Automatic Transfer Of EPF Accounts On Job Change To Be A Reality Soon

Automatic Transfer Of EPF Accounts On Job Change To Be A Reality Soon

Edited by Animesh Singh | Wednesday November 24, 2021

The centralised system will allow de-duplication and merger of all PF accounts of members and remove the need to transfer EPF account on job change