Industry

With the demand for upscale holidays on the rise, Oberoi Hotels and Resorts has created a pipeline of around a dozen properties, luxury boats and cruisers, which will come up in the next five years. This fresh supply will see the addition of 1,350 keys, including about 288 outside India, starting 2026, the company said

Tech Mahindra has partnered with 60 to 70 global capability centres (GCCs), focusing on providing specialised services, addressing growing demands, and grooming talent to cater to their evolving requirements.   “GCC has caught the spotlight and is definitely the talk of many organisations in India,” said Ram Ramachandran, senior vice president – India, Middle East, and

Bengaluru-based on-demand logistics platform Porter is aiming to achieve profitability by the end of FY25 while sustaining a 50% year-on-year revenue growth trajectory. “If we continue the trajectory we’ve maintained over the past few years, Porter may turn profitable by the end of this fiscal,” said Shruti Ranjan Satapathy, chief product and technology officer. “That

– By Deepal Shah Efficiency is the cornerstone of any business, especially in an industry like logistics, where optimising costs and improving speed have a direct relationship to the bottom-line. To CFOs, application of technology has been presented as an indispensable tool to achieving efficiency. In the AI-era of today, tools such as Chatbots, RPA

Domestic complex fertiliser manufacturers are expected to post a decline of around 10 per cent on-year in operating profitability to Rs 3,200-3,300 per tonne in fiscal 2025, stated a report by CRISIL Ratings. The decline will be due to lower realisations amid higher-than-expected raw material prices, however, the report maintained, they will recover most of

Mall operators are expected to clock a healthy revenue growth of 10-12 per cent this fiscal, building on last fiscal’s 15 per cent spurt, stated a report by CRISIL Ratings. The growth, it added, will ride on contractual rental escalations, improvement in overall occupancy due to ramp-up of the malls launched in last two fiscals

Zepto, on Friday, announced that the consumer internet company has raised a funding of $350 million in its latest round, marketing the largest 100 per cent domestic fundraise in India’s startup ecosystem. The round, it added, included investments from Indian HNIs, family offices, and financial institutions. The fundraise was led exclusively by Motilal Oswal’s Private

Food wastage remains a critical challenge for India’s foodservice industry, not only eroding restaurant profits but also intensifying environmental concerns in a country where millions suffer from undernourishment and malnutrition. GlobalData said that leveraging technology offers a dual advantage by mitigating food waste and promoting sustainable practices, thereby enhancing efficiency and supporting long-term industry growth.