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Ikea expects its Hyderabad store, the first in the country to achieve operational breakeven soon, the company said on Monday without providing the revenue details. Hyderabad store which was opened in 2018 has witnessed a footfall of three million during the last 12 months period against 2.90 million a year before. However, the figures are not comparable as last year and period before that witnessed a lot of movement restrictions due to COVID-19 pandemic. Speaking to media, Ikea India CEO Susanne Pulverer said the firm is exploring different formats of stores in terms of size, to penetrate the market and get closer to people where they live.

Supertech Group, in a money laundering case. Special Judge Devender Kumar Jangala took up the matter on Monday and said that the documents were lengthy as he adjourned the matter. The Enforcement Directorate (ED) on August 24 filed the charge sheet against Arora, Supertech Group, and eight others in the money laundering case.

AI-generated data is still in the grey area. There is no doubt in the mind of the Court that at the present stage of technological development, AI cannot substitute either human intelligence or the humane element in the adjudicatory process.

CBI) on Monday registered a case against ED Assistant Director Pawan Khatri, liquor trader Amandeep Dhall and CEO of Claridges hotel, and others accused in connection with the Delhi liquor scam case. The FIR has been registered under criminal conspiracy, an offense relating to a public servant being bribed, taking undue advantage to influence a public servant by corrupt or illegal means, or by exercising personal influence, an offense relating to the bribe of a public servant.How the alleged scam came into light In July last year, Lieutenant governor VK Saxena had recommended a CBI investigation into Delhi Excise Policy 2021-22 after a report by Delhi chief secretary established prima facie violations of various acts and rules in addition to “deliberate and gross procedural lapses” to provide “undue benefits” to liquor licensees. The excise department is headed by Sisodia. The LG reportedly found substantive indications of “financial quid pro quo” at the top political level.

Rishabh Pant, who has been recovering from his last year's road accident injuries, on Monday, shared a glimpse of his workout routine with fans. Pant took to his official Instagram handle and posted a video clip in which he was seen diligently working out on an exercise bike, in order to regain his form and fitness. «Grip. Twist. Paddle. Good vibes only,» he wrote in the caption. Seeing Pant's recovery several people expressed their joy in the social media post's comment section. One of them was Australian cricketer David Warner, who led the Delhi Capitals during Pant's absence in IPL 2023. He lauded the young cricketer's efforts, expressing his delight by stating, «This makes me smile and very happy.»

Delhi Village Development Board on Monday sanctioned 167 schemes to develop roads, drainage systems, community facilities, green spaces, and sports infrastructure in rural areas, according to an official statement. A total of Rs 115.52 crore will be spent on works to be undertaken under these schemes, it said.Delhi minister Gopal Rai, who chairs the board, also issued strict directions to ensure timely completion of all village-centric projects. Pertinent issues surrounding pending and prospective development proposals were also deliberated upon, the statement said. Under the schemes, ponds and water bodies will be augmented to improve water resources.

New Delhi: Industry body Retailers Association of India (RAI) on Monday said restrictions imposed on retail stores, malls, and restaurants during the upcoming G20 Summit, which is set to take place in Delhi from 08 September to 10th September, could hinder business in the capital. “While RAI commends the Delhi government’s decision to declare a three-day public holiday in the capital, they strongly advise revisiting the comprehensive shutdown of retail operations. Pledging complete adherence to any Standard Operating Procedures (SOPs) provided, RAI suggests a more measured approach to closures, potentially focusing on peak times or specific areas close to G20 venues like Lutyens Delhi," the association said in a note released Monday.

AIIMS was returning to Delhi after attending a medical event in Bengaluru. They were onboard the Vistara flight UK-814. AIIMS Delhi shared the incident on the microblogging site X (formerly Twitter).

Also Read: Delhi: 24-year-old woman kills live-in partner’s 11-year-old son, tells him ‘took away most precious thing’ According to the police, the couple frequently engaged in verbal arguments, a fact supported by some of their neighbours. Nevertheless, the police have stated that neither of the individuals had lodged any formal complaints prior to this incident. CK Baba, DCP South Bengaluru Police, said "Yesterday, there is a place called Mico layout in Begur police station limits.

child into school. Taking to social media, BharatPe cofounder Ashneer Grover addressed the biggest pain point for many parents on X (formerly known as Twitter) on Monday. The 41-year-old said that getting admission for a four-year-old in the Nursery of a reputed private school is more difficult than cracking the entrance of the Indian Institutes of Technology (IIT). Grover is an alumnus of IIT-Delhi. The entrepreneur-turned-author said that the problem was evident in the Delhi-National Capital Region, which comprises cities like New Delhi, Gurugram, Noida, Greater Noida, Faridabad, and Ghaziabad. In his post, he said that every parent in Delhi-NCR must have gone through admission struggles in the last 10 years to get their child into a coveted private school. «It’s tougher to get your four-year-old kid admission in Nursery in your preferred private school than it is to enter IITs.

₹40 lakh per day. Also Read: Delhi: 4 arrested for defrauding US nationals of over $20 million. Details here According to the Deputy Commissioner of Police (DCP), the call center was employing software tools such as VICIdial and eyeBeam.

On the Comex, Gold futures were trading at $1,943.30 per troy ounce on Monday, up $1.80 or 3.40% while Silver futures were trading at $24.265, up $0.031 or 0.130%. Click to know more The DXY was trading down 0.09% at 104.07 against a basket of six top currencies, though the bias was slightly negative. The October Gold futures had ended with declines of Rs 117 per 10 grams while the September Silver futures closed marginally higher at Rs 73,627, up Rs 59 per kg. «Gold remained stable after a weekly increase, as top central bankers emphasised maintaining high-interest rates until inflation is controlled at the Jackson Hole event.

Small-cap stock below ₹5: Despite weak stock market sentiments on Dalal Street, Vikas Ecotech shares have risen over 5 per cent in intraday trade. In early morning deals on Monday, Vikas Ecotech share price today opened higher and went on to hit day's high of ₹3.05 apiece levels, logging over 5 per cent intraday rise within few minutes of stock market's opening bell today.

₹12 crore. As per a report by NDTV, the incident transpired on a highway in Nuh, Haryana, on Tuesday. The speeding Rolls-Royce, occupied by Malu and two others, collided with an oil tanker on the Delhi-Mumbai expressway in Nuh.

G20 Summit that is scheduled to take place next month, around 6.75 lakh flowering plants and foliage will adorn designated venues and roads in the national capital, said Raj Niwas officials on Sunday. The major locations that have been beautified with potted plants include the Sardar Patel Marg, Mother Teresa Crescent, Teen Murti Marg, Dhaula Kuan-IGI Airport Road, Palam Technical Area, India Gate C-Hexagon, Mandi House, Akbar Road roundabout, Delhi Gate, Rajghat and the ITPO, PTI reported.

first Indian to clinch a gold medal in the World Athletics Championships. This remarkable feat was accomplished through a commanding javelin throw of 88.17 meters during the men's javelin final in Budapest, Hungary. Commending Neeraj Chopra's exceptional achievement, Prime Minister Narendra Modi extolled his triumph in the men's javelin event at the tournament.

Airport, Pragati Maidan and major avenue roads. One of the officials told that Mahipalpur roundabout is being redeveloped with 15-foot-high scrap sculptures of five musicians playing Indian classical musical instruments, reported HT. The thought behind the installation is to catch the sight of delegates as soon as they land in India and exit from the Indira Gandhi International Airport.

Hindustan Unilever, Swiggy, Coca-Cola, Zomato, Amul, Flipkart, BigBasket and Bisleri are among the larger companies switching to EVs to service consumers and retailers. «We have started EVs for last-mile deliveries for ice-cream vending,» said Jayen Mehta, managing director of India's largest dairy maker Amul, which sells ice-cream, milk, butter and cheese. «Our milk distributors too are using EVs in Delhi, Uttar Pradesh, Haryana and Punjab.» The ecommerce sector is leaning heavily toward electric three-wheelers. «The operating costs are about a fraction of diesel or CNG-driven ones, translating into substantial savings for operators,» said Amitabh Saran, cofounder of electric three-wheeler company Altigreen, which has supplied EVs to Amazon, Flipkart, BigBasket, HUL, Bisleri and Coca-Cola.

Foreign direct investment (FDI) into India declined 34% year-on-year to $10.94 billion during April-June this fiscal. FDI inflows were $16.59 billion during April-June 2022-23, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) showed. Total FDI inflows, including fresh FDI equity inflows, reinvested earnings and other capital, were $17.56 billion against $22.34 billion a year ago. Singapore was the top source of FDI with inflows of almost $3 billion, followed by the Netherlands, at $1.5 billion.

NEW DELHI : Approvals for mergers and acquisitions (M&As) are unlikely to be impacted by the lack of quorum at the Competition Commission of India (CCI), a government official said. The development assumes significance as a similar situation last year had held up several combination deals for nearly six months. According to the rules, at least three members are needed to approve a combination deal.

G20 summit that the Aam Aadmi Party (AAP) Delhi government and the Municipal Corporation of Delhi (MCD) carried out was thanks to funds from the Centre. Refuting the claims made by the BJP, the AAP dispensation in the national capital said it is shocked to see that the "BJP had to pass the developmental work done by the city government as its own". Delhi BJP president Virendra Sachdeva claimed that even the wall painting concept was introduced by the Centre first in the Pragati Maidan tunnel and later in the NDMC area.