Upcoming wedding season likely to generate Rs 4.7 lakh crore business: CAIT
Business | November 22, 2023 12:54 ISTThe CAIT said that the wedding dates in the season are November 23, 24, 27, 28, and 29, and December 3, 4, 7, 8, 9 and 15.
The CAIT said that the wedding dates in the season are November 23, 24, 27, 28, and 29, and December 3, 4, 7, 8, 9 and 15.
As of March 31, the total amount recovered from the group and deposited in the state-run banks was Rs 25,163 crore, after Rs 138 crore was paid to 17,526 applications involving 48,326 accounts, according to a report.
The report states that the income from the digital content was formed by up to 48 per cent of the total revenue which further increased to 6.3 per cent making it around Rs 187 crore in FY23. Furthermore, the Entrackr reports stated that the unit level has spent around Rs 1.57 to earn a rupee.
PRS Oberoi passed away on Tuesday morning, leaving behind a huge legacy. He was widely known as the doyen of Indian hospitality. He received numerous awards and accolades including the Padma Vibhushan, in recognition of his exceptional contribution to the country in tourism and hospitality.
PRS Oberoi, chairman emeritus of the Oberoi Group, passed away at 94 on Tuesday morning. The cremation ceremony will be held at the Bhagwanti Oberoi Charitable Trust, Oberoi Farm, Kapashera, starting at 4 pm on Tuesday.
The rupee depreciated 5 paise to 83.26 against the US dollar in the morning session on Tuesday, tracking a strong American currency overseas and sustained foreign fund outflows.
Google has started rolling out a new feature dedicated to small business merchants which will help them to update AI-generated photos which will help them reach out to bigger masses.
Mother Dairy, is selling loose onions at Rs 67 per kg. It has nearly 400 Safal retail stores in the Delhi-NCR. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg. Local vendors are selling onions at Rs 80 per kg.
Vedanta said Shrivastava resigned as the CFO with effect from the close of business hours on October 24 "due to personal reasons”. Goel was earlier associated with Vedanta as acting CFO of the company between October 23, 2021 and April 9, 2023.
Apart from Air India Express-AIX Connect integration, Air India is merging Vistara with itself. India is one of the fastest growing aviation markets in the world and air traffic is also on the rise.
"We have taken measures to ensure safety of our employees and all of them are safe," said the Adani Group's spokesperson. Over 700 people have been killed in Israel after Hamas launched a barrage of rockets.
In a significant development, the government on Friday, retained the rates for all other small savings schemes while raising the interest rate on five-year recurring deposit schemes to 6.7 per cent.
Byju's news: According to TechCrunch, Byju’s will go through the restructuring exercise to pare down costs amid a broad restructuring of its business following a delayed Initial Public Offering (IPO) and pressure from lenders.
Sensex rose 319.63 points to close at fresh lifetime high of 67,838.63 while Nifty climbed 89.25 points to record 20,192.35. This bullish trend was further supported by the performance of individual stocks.
The latest decision comes a little over two months after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus, which was one of the largest-ever aircraft purchases by an airline.
B20 India Summit: The Business 20 (B20) is the official G20 dialogue forum with the global business community. Established in 2010, B20 is among the most prominent engagement groups in G20 with companies and business organisations as participants.
RBI Governor Shaktikanta Das launched the portal which has been developed by the central bank to help the public to facilitate and also make it easier for them to search their unclaimed deposits across multiple banks.
ONGC's del-credere agent Vikas Lifecare, a high-end specialty chemicals provider, which has entered into a joint venture agreement with Indraprastha Gas Limited to set up India's first integrated smart meter manufacturing unit has declared its quarterly earning.
The logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.
A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
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