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FabHotels’ losses widen 23 pc in FY24 amid rising employee costs

Jan 25, 2025

Mumbai, Jan 25 (IANS) Budget hotel chain FabHotels, operated by Casa2 Stays, has reported a 23 per cent spike in its net losses for the financial year ending March 2024 (FY24).The losses widened to Rs 114 crore, up from Rs 93 crore in FY23, primarily due to a sharp increase in employee benefit expenses, as per its filings.However, the company’s…

ISRO’s milestone 100th rocket launch mission from Sriharikota on Jan 29

Jan 25, 2025

New Delhi, Jan 25 (IANS) ISRO is all set to launch GSLV-F15 mission -- the 100th from Satish Dhawan Space Centre in Sriharikota on January 29, the space agency said. The GSLV-F15 rocket with indigenous cryogenic stage will place NVS-02…

Technology

WEF 2025: Decarbonising Rice project trials expanded in India, Laos & Indonesia

Jan 24, 2025

New Delhi, Jan 24 (IANS) Trials on the Decarbonising Rice project, winner of the breakthrough scientific contribution award at the recently concluded World Economic Forum’s annual meeting in Davos, on Friday has been expanded in India, Laos…

Technology

Centre alerts citizens against fraudsters issuing fake summons for GST violations

Jan 24, 2025

New Delhi, Jan 24 (IANS) The Centre on Friday cautioned citizens against fraudsters issuing fake and fraudulent summons for Goods and Services Tax (GST) violations.The Central Board of Indirect Taxes and Customs (CBIC) said it has been…

Technology

IndiGo clocks 18.6 pc drop in Q3 profit at Rs 2,448.8 crore

Jan 24, 2025

Mumbai, Jan 24 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Friday reported a 18.6 per cent drop in its consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25).The company posted a profit of…

Technology

Centre sends notice to Ola, Uber over different pricing for iPhone, Android commuters

Jan 23, 2025

New Delhi, Jan 23 (IANS) Leading taxi aggregators Ola and Uber have been served notices by the Department of Consumer Affairs over differential pricing for the Android and iPhone commuters, seeking responses from the online cab-hailing…

Technology

Scientists discover “space chorus” far from Earth

Jan 23, 2025

Beijing, Jan 23 (IANS) An international research team led by Chinese scientists has discovered chorus waves more than 160,000 km away from Earth -- a space phenomenon previously believed to occur only near Earth's dipole magnetic field…

Technology

S. Korea to build bio dataset of 1 mn people by 2032

Jan 22, 2025

Seoul, Jan 22 (IANS) South Korea has launched a joint public-private initiative to collect biological data from 1 million individuals, aiming to enhance the global competitiveness of the country's bio-industry, the country’s finance…

Technology

7 in 10 believe private labelling by Zomato, Swiggy affecting their businesses: NRAI poll

Jan 22, 2025

New Delhi, Jan 22 (IANS) About 70 per cent of people, who are part of the Indian hotel industry, believe that private labelling by the quick commerce platforms run by Zomato and Swiggy etc are impacting their businesses, and 69 per cent of…

Technology

HUL’s profit up 19 pc in Q3, acquires 90.5 pc stake in Minimalist for Rs 2,955 cr

Jan 22, 2025

New Delhi, Jan 22 (IANS) Hindustan Unilever Ltd (HUL) on Wednesday reported a 19 per cent increase in its net profit for the third quarter this fiscal at Rs 3,001 crore, compared to Rs 2,519 crore in the same quarter in the year-ago…

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