Gratuity is a financial reward granted by the government to its employees as a token of appreciation for their long and dedicated service. It is payable upon retirement, resignation, or death, provided the individual has completed at least five years of continuous service. For government employees, this payment is not only a mark of recognition …
The National Stock Exchange of India (NSE) has unveiled a new thematic index known as the Nifty Waves Index. This strategic move is designed to reflect the performance of 43 publicly listed entities operating within the country’s diverse and rapidly evolving media and entertainment industry. Composition Reflects Sectoral Diversity The Nifty Waves Index encompasses a …
According to the news reports, OYO has unveiled its plans to venture into the food and beverage (F&B) space by introducing in-house kitchens and Quick Service Restaurant (QSR) carts or lobby stores at its company-serviced hotels. With a primary focus on the Townhouse by OYO branded properties, the company aims to elevate the in-hotel dining …
The Competition Commission of India (CCI) has given its nod to a multi-layered transaction involving Jubilant Beverages Limited (JBL), Jubilant BevCo Limited (BevCo), and key investors backed by Goldman Sachs. The proposed combination involves two key steps: acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd (HCCH) by JBL and the subscription …
At the prestigious World Audio Visual & Entertainment Summit (WAVES) held in Mumbai, YouTube CEO Neal Mohan made a powerful statement about India’s rising influence in the digital content landscape. Declaring India a “creator nation,” he acknowledged the country’s massive footprint in the global creator economy. With over 100 million Indian channels uploading content on …
In a recent move to protect retail investors, the Securities and Exchange Board of India (SEBI) has cautioned the public against participating in so-called opinion trading platforms. According to SEBI’s official statement, these platforms fall outside the purview of regulated securities markets and do not offer any form of legal or investor protection. How Opinion …
India’s luxury retail landscape is undergoing a remarkable transformation. In Q1 2025 alone, leasing activity in the luxury and bridge-to-luxury segment grew by a staggering 90% compared to the same period last year. Leasing by luxury brands touched 1,80,000 square feet, underlining a sharp rise in demand from global and domestic players alike, all eager …
India’s restaurant sector, which currently employs approximately 85 lakh people, has the potential to generate employment for 1.5 crore individuals by 2028. This optimistic projection comes from Mr Zorawar Kalra, Vice President of the National Restaurant Association of India (NRAI), who believes that the right policy support could unlock significant growth and employment opportunities for …
The National Pension System (NPS), regulated by the Pension Fund Regulatory and Development Authority (PFRDA), is open to Indian citizens aged 18 to 70 years. This includes resident Indians, Non-Resident Indians (NRIs), and Overseas Citizen of India (OCI) cardholders under specific conditions. The scheme enables long-term retirement savings through systematic contributions and tax-efficient returns. New …
India’s exports of goods and services reached an unprecedented $824.9 billion in the fiscal year 2024-25, according to data released by the Commerce Ministry. This milestone was primarily driven by a significant rise in services exports, even as global trade faced challenges. The revised figures follow the Reserve Bank of India’s (RBI) release of the …
