Service Sector

Examining the impact of India's state-owned Life Insurance Corporation's IPO Moody's Investors Service on Thursday said that the public issue is credit positive for India's life insurance sector.

Activity in India's dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed.

Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.

Belgium has levied a new rule for virtual asset players operating, and wishing to set up shops in the nation. Belgium’s financial regulator FSMA has directed all related firms to identify themselves by July 1, and register themselves by September. The nation aims to keep its crypto sector away from being misued for illicit purposes.

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

The survey assesses the business situation for the current quarter from selected companies in the services and infrastructure sectors

Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum

Reliance Jio has surpassed Bharti Airtel to become the second largest fixed-line service provider in February 2022. The sector is still led by BSNL.

TRAI has said the rollout obligations prescribed by it as part of the recent spectrum recommendations are easy, fair and rational,

Air India has cancelled flight services to Hong Kong due to COVID-19 restrictions imposed by the Hong Kong authorities and limited demand in the sector, the airline said.

Indias overall exports inclusive of merchandise and services sectors in March 2022 is estimated to be $63.99 billion

The metaverse has the potential to make huge improvements in the banking sector, changing the way banks engage with their customers, invent products and enable services.

Tata Consultancy Services Ltd (TCS) reported a 7.3 per cent rise in net profit to Rs 9,959 crore in the January-March quarter and total revenue of 51,572 crore from a year earlier.

India's services sector expanded at its fastest pace so far this year in March as an easing of Covid-19 restrictions boosted demand, but elevated inflationary pressures clouded business confidence, a private survey showed.

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development

Examining the impact of India's state-owned Life Insurance Corporation's IPO Moody's Investors Service on Thursday said that the public issue is credit positive for India's life insurance sector.

Activity in India's dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed.

Indian grocery startup Zepto has reportedly raised $200 million (roughly Rs. 1530 crore) in fresh funding that values the company around $900 million, signalling growing investor interest in a sector where companies are luring customers with quick 10-minute deliveries.

Belgium has levied a new rule for virtual asset players operating, and wishing to set up shops in the nation. Belgium’s financial regulator FSMA has directed all related firms to identify themselves by July 1, and register themselves by September. The nation aims to keep its crypto sector away from being misued for illicit purposes.

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

The survey assesses the business situation for the current quarter from selected companies in the services and infrastructure sectors

Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum

Reliance Jio has surpassed Bharti Airtel to become the second largest fixed-line service provider in February 2022. The sector is still led by BSNL.

TRAI has said the rollout obligations prescribed by it as part of the recent spectrum recommendations are easy, fair and rational,

Air India has cancelled flight services to Hong Kong due to COVID-19 restrictions imposed by the Hong Kong authorities and limited demand in the sector, the airline said.

Indias overall exports inclusive of merchandise and services sectors in March 2022 is estimated to be $63.99 billion

The metaverse has the potential to make huge improvements in the banking sector, changing the way banks engage with their customers, invent products and enable services.

Tata Consultancy Services Ltd (TCS) reported a 7.3 per cent rise in net profit to Rs 9,959 crore in the January-March quarter and total revenue of 51,572 crore from a year earlier.

India's services sector expanded at its fastest pace so far this year in March as an easing of Covid-19 restrictions boosted demand, but elevated inflationary pressures clouded business confidence, a private survey showed.

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development