New Delhi, Jan 16 (PTI) Industry body SCAI on Sunday said mall owners will stand by their tenants as they did in the last two waves and are likely to offer relief to retail stores, food outlets and multiplexes amid the fresh COVID pandemic wave.Shopping Centres Association of India (SCAI) is an industry body, representing [...]
New Delhi, Jan 16 (PTI) Co-working operators expanded their portfolio aggressively last year and took on a lease 21 per cent more office area across the top 8 cities to meet the rising demand of flexible workspaces from corporates amid the COVID pandemic, according to Cushman & Wakefield.The leasing of office spaces by co-working operators [...]
New Delhi, Jan 16 (PTI) IPO-bound India1 Payments Ltd, which is currently rolling out 300-400 ATMs in a month, is hopeful of deploying over 20,000 such machines in next 4-5 years to ensure cash availability to customers in semi-urban and rural areas, its MD and CEO K Srinivas said on Sunday. "The hike in interchange fees by [...]
New Delhi, Jan 16 (PTI) The CBI has arrested E S Ranganathan, Director (Marketing) of GAIL, in a case of alleged bribery of over Rs 50 lakh for giving discounts to private companies buying petrochemical products marketed by the Maharatna PSU, officials said Sunday The CBI had unearthed the alleged bribery scam involving Ranganathan, middlemen, [...]
Kolkata, Jan 16 (PTI) The West Bengal government has started an exercise to assess crop damage due to recent unseasonal rain and advise farmers to take necessary steps to protect their produce from pest attacks, a minister said. State agriculture minister Sobhandeb Chattopadhyay stated that his department is monitoring the situation so that there would [...]
New Delhi, Jan 16 (PTI) Aditya Birla Fashion and Retail Ltd (ABFRL) is facing a data breach on its portal, and the company is investing the incident. Meanwhile, the company has assured that it will have no operational or business impact on its operations. The company has engaged forensic security experts to investigate the data [...]
New Delhi, Jan 16 (PTI) Footwear retail chain Metro Brands has reported a 54.63 per cent jump in consolidated net profit to Rs 100.85 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 65.22 crore during the October-December quarter of the previous fiscal, Metro Brands Ltd (MBL), [...]
New Delhi, Jan 16 (PTI) Passenger vehicle exports from India increased 46 per cent in the first nine months of the current fiscal year, with Maruti Suzuki India leading the segment with dispatches of around 1.68 lakh units, as per the latest data by SIAM. The total passenger vehicle (PV) exports stood at 4,24,037 units [...]
New Delhi, Jan 16 (PTI) The life insurance industry has recommended the government to create a separate bucket for tax rebate under section 80 (C) and make annuity tax-free for the benefit of subscribers as part of its demand for the next Union Budget to be unveiled in February.The Rs 1,50,000 limit for tax rebates [...]
New Delhi, Jan 16 (PTI) A majority of Indians would prefer to go local and explore domestic destinations instead of international ones this year with Goa topping the bucket list followed by Manali, according to OYO Travelopedia. OYO Travelopedia, the annual consumer survey by OYO to study travel intent and expectations among its user base [...]
