Business

The company is expected to register a joint turnover of up to Rs 25,000 crore in the current financial year, in which around Rs 12,000 crore is likely to be contributed by Patanjali group firms and Rs 13,000 crore may come from Ruchi Soya.

In the last four weeks, GoAir said, it has gone through unplanned grounding of aircraft, which were supporting its current operation of fleet.

The so-called cloud kitchens — restaurants that have no physical presence and a delivery-only model — are rising in popularity as there is a boom in food delivery apps such as Swiggy and Zomato.

Data also showed that the surge in dry fuel import, recorded during first nine months of this fiscal, was mainly due to higher consumption by firms like Adani Power and state-owned power giant NTPC, among others.

When an airline operates planes with different class configurations, the flexibility in swapping aircraft on routes and consistent passenger experience become two primary challenges.

Spencer’s Retail shares closed the session at Rs 89.70 compared with the previous close of Rs 74.75. The stock has jumped by a massive 51% in the last one month itself, though it is still down 58% for the last one year.

In his 26 years of banking experience, Das has been involved at both policy and operational levels. In BoI, he assumed the charge as Delhi regional head in January 2015.

In 2017, Zomato acquired Bengaluru-based delivery startup Runnr for an estimated $20 million. Runnr was a product of the merger of online food delivery startup TinyOwl and Roadrunnr.

Zee Entertainment Enterprises Ltd shares gained nearly 4% ahead of the Q3 earnings announcement later in the day.

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective Tuesday, a statement said.

All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 0.9 per cent at 29,297.57.

The committee has recommended that individuals making Rs 10-20 lakh a year pay 20 percent tax.

During the session, the 30-share BSE index breached the 42,000 mark for the first time before settling 59.83 points, or 0.14 per cent, higher at 41,932.56. It hit a record intra-day high of 42,059.45.

A five-member advisory board for banking and financial frauds has been created by the CVC to act as a "first-level of examination" in respect of officers in the rank of general managers (GMs) and above.

Confederation Of All India Traders which has been opposing Amazon chief Jeff Bezos' visit to India, said more than 5 lakh traders supported its protests in about 300 cities, and about 5,000 trade associations participated.

Inverted duty structure impacts the domestic industry adversely as manufacturers have to pay a higher price for raw material in terms of duty, while the finished product lands at lower duty and cost.