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online travel agencies (OTAs) and scheduled airlines, as business travel soars in lockstep with the resumption of normal office routines. «Return to office remains a key driver of increased corporate travel, as companies balance remote, in-office and hybrid work,» said Praveen Iyer, cofounder of Akasa Air. «With hybrid work models, employees are traveling frequently for meetings, collaboration and industry events like conferences and trade shows.» MakeMyTrip's corporate travel platforms, myBiz and Quest2Travel, crossed a gross booking value of $200 million for the first time in the quarter ended June, underlining growth prospects. Yatra's billing from the corporate segment crossed about $24 million (₹200 crore) for April-June, 77% higher than the previous three-month period. «We have to focus on really doubling down on the corporate side,» said Dhruv Shringi, chief executive of Yatra Online. The OTA derives 55% of its revenue from the B2B segment.

content licensing deals with Gen AI companies gain traction, academic book publishers find themselves in a dilemma: ‘Are we be making a deal with the devil?’ While licensing might seem like fair compensation for using authored material to train AI models, experts suggest, this may not be a permanent solution. Once trained, these models can generate new content autonomously, thereby making it difficult to establish the rights of authorship. The Indian Reprographic Rights Organization (IRRO) which represents 113 global and Indian publishing houses like Pearson, Oxford, S. Chand etc. said, it is cautious of these factors as AI companies are approaching the body for content outsourcing rights.

State Bank of India (SBI) has a 35-basis-point cushion on its benchmark marginal cost of funds-based lending rate (MCLR) that it can choose to pass on to borrowers if deposit rates harden further, Chairman CS Setty told analysts in a post-earnings call. One basis point is a hundredth of a percentage point. India's largest lender has hiked its MCLR by 30 basis points in the first half of this fiscal, responding to higher costs of deposits. The last hike by the bank was effective from October 15. The bank's one-year MCLR rate is currently at 8.95%. One basis point is 0.01 percentage point.

Reserve Bank of India (RBI) Governor Shaktikanta Das has said the October inflation print could exceed September's 5.5%, and odds have lengthened on a durable win against inflationary pressures after the Trump victory raised the likelihood of both higher US borrowing and consumer prices — a combination that limits headroom to lower rates more quickly in the world's biggest economy.

Realty firm Godrej Properties' net debt rose 2% during the September quarter to ₹7,572 crore with the company focusing on land acquisition for future growth. Its net debt stood at ₹7,432 crore at the end of the June quarter, according to an investors' presentation. Godrej Properties is one of the leading developers in the country. It has a major presence in Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. Godrej Properties plans to raise up to ₹6,000 crore through the issue of securities. The board had last month approved the proposal. The funds would be raised through the issuance of securities, including equity shares, debentures, preference shares, and/or any other eligible securities. The fundraising could be in one or more tranches through public and/or private offerings, including qualified institutions placement, rights issue, further public offer or any other mode as may be permitted under applicable laws.

Indian aviation space will come down to just one from five in a span of over 17 years. Also, the merger-which will see Vistara's 49% owner Singapore Airlines holding 25.1% stake in Air India post the merger-will mark the sunset of another Indian airline jointly owned by an overseas carrier after the liberalisation of foreign direct investment norms. In 2012, Prime Minister Manmohan Singh-led UPA government allowed foreign airlines to buy up to 49% in a domestic carrier, which later resulted in the now defunct Jet Airways securing 24% stake from Gulf carrier Etihad besides the birth of AirAsia India and Vistara.

A year ago, sales had grown 15% while profit expanded 26%, indicating that P&G's growth rate halved amid falling demand in the Indian consumer goods market after the pandemic-induced boom. P&G India reported sales of ₹17,429 crore and net profit of ₹1,583 crore in FY24 across its four companies-pharmaceuticals firm P&G Health, shaving products maker Gillette, P&G Health & Hygiene and P&G Home Products. In India, P&G competes mostly with Unilever's local unit Hindustan Unilever (HUL), which is over three times its size.

HDFC Capital, the real estate private equity arm of HDFC Group, has formed a partnership with realty developer Runwal Enterprises to set up a platform for developing residential projects for affordable, mid-income and upper mid-income families. As per the terms of the pact, HDFC Capital will be investing more than '1,150 crore to support the development of sustainable housing projects in Mumbai. These projects will have an estimated revenue potential of more than $1 billion. «HDFC Capital is committed to forging long-term partnerships with leading developers like the Runwal Group, with a proven track record of development and delivery. Through this collaboration, we aim to address the growing demand for sustainable, high-quality homes for affordable and middle-income families in India,» Vipul Roongta, managing director and CEO, HDFC Capital, told ET.

Bandipur Tiger Reserve in Karnataka is among the key demands dominating AICC general secretary Priyanka Gandhi Vadra's byelection campaign in Wayanad Lok Sabha constituency in Kerala. Both Rahul Gandhi and his sister made sure they resonated with the local sentiment in every interaction and at campaign rallies. Locals believe that only the Gandhi scions have the political muscle to influence a decision in their favour with the Congress-run Karnataka government.

Indian Hotels Company (IHCL) will be releasing a new 'strategic matrix' in the near future that will be more aggressive than the previous ones and accelerate the pace of growth from a high base, IHCL CEO Puneet Chhatwal told ET. Looking at the chain's last ten quarters, as well as the immediate visibility into the current and upcoming quarters, Chhatwal said he is 'confident' of the outlook. «It's notable that Q2 has surpassed Q1, a trend we don't typically see as Q2 usually dips. This has been an exceptional outcome, particularly considering that the previous quarter was impacted by elections held in extreme summer conditions,» he said. «The market guidance for double-digit growth is well within reach-and by double-digit, we aren't talking about 10%, it could well be 12%, 14%, or potentially higher,» he added. IHCL posted a consolidated net profit of ₹583 crore in the September quarter, an over-threefold increase from ₹179 crore a year earlier.

Under the scheme that began in April, the majority of the 27 companies enlisted as beneficiaries are yet to even start production. And those who have started, are producing volumes too small to have any significant revenue impact to meet the incremental targets. Some are yet to make even initial investments under the scheme.

Warzone Season 1, launching on November 14, 2024, introduces a range of new features, weapons and gameplay elements.

KL Rahul it is all in the mind. Someone who has scored hundreds in South Africa, England and Australia obviously has the potential. If he could come back from injury and keep wickets as well as he did in the 2023 World Cup, there is little doubt he has the ability. His problem is he is periodically low on confidence. Ravi Shastri and Virat Kohli (as coach and captain) were able to get the best out of him from time to time. Then, Rohit Sharma and Rahul Dravid did the same. Now, it is on Rohit and Gautam Gambhir to give him the confidence to step up in Australia,” that was how former India wicketkeeper and later chief selector MSK Prasad summed up KL Rahul. This was just moments after Rahul was dismissed in the most bizarre manner in the second innings of the India A game at the Melbourne Cricket Ground. There were no real alarms in the 43 balls he played and it seemed he was getting set for a long innings. That’s when a delivery from off spinner Corey Rocchiccioli, which would have missed leg stump, was actually padded by Rahul towards the off stump after he offered no shot. It was a freakish dismissal but with Rahul such things seem to happen far too often. “He is more invested in being perfect than in scoring runs. It is a kind of obsession with him. The number of times he shadow bats, perfects his stance, practices getting behind the line of the ball, you know that he is trying to be as perfect as is humanly possible,” said one of the Duleep Trophy commentators.

HDFC Capital, the real estate private equity arm of HDFC Group, has entered a partnership with realty developer Runwal Enterprises to set up a platform focused on the development of residential projects for affordable, mid-income and upper mid-income families. As per the terms of the agreement, HDFC Capital will be investing over Rs 1,150 crore to support the development of multiple sustainable housing projects across the country’s commercial capital. The portfolio of projects to be developed through this partnership is estimated to generate a revenue potential over $1 billion.

Israel launched deadly strikes on Gaza and Lebanon Sunday, rescuers and authorities said, ahead of a US deadline for improved aid delivery to the Palestinian territory. Rescuers in Gaza on Sunday said 30 people, including 13 children, were killed by Israeli strikes in the territory's north. The first strike early Sunday hit a house in Jabalia, killing «at least 25» people including 13 children and injuring more than 30, Gaza's civil defence agency said.

YS Jagan Mohan Reddy on Sunday alleged that Chief Minister N Chandrababu Naidu will don many avatars to 'cheat' people and called the recent seaplane demo flight as one such. He alleged Naidu had been going around for two decades claiming that he had 'invented' cell phones and computers. «Chandrababu Naidu will conjure up tricks and con people to ultimately cheat them. To this end, he will don any number of avatars. The recent seaplane visit from Vijayawada to Srisailam was a similar one,» said Reddy in a post on X. According to the opposition leader, there is nothing new with the seaplane as they were being operated since 114 years while Kerala first started seaplane operations in 2013 in India but stalled them later.

Addressing a rally here, Shah also urged people to make BJP candidate Umesh Atmaramji Yawalkar win from the Morshi assembly seat, and promised to he will come back to attend Yawalkar's victory parade. «Today we have launched BJP's Sankalp Patra and Maha Vikas Aghadi's promises are only to get votes while PM Modi always fulfils the promises made to the public. Article 370 was removed, Ram Mandir was built in Ayodhya, Triple Talaq was abolished, Citizenship Amendment Act (CAA), Uniform Civil Code were introduced. Waqf Amendment Act will also be passed in Parliament,» Shah said.

Trump's election to the White House has the potential to upend the almost three-year conflict and has thrown into question Washington's multi-billion dollar support for Kyiv, crucial to its defence. The Republican said on the campaign trail that he could end the fighting within hours and has indicated he will talk directly with Russian President Vladimir Putin — a major break from the approach struck by President Joe Biden. Trump will not be inaugurated until January and for the moment on the battlefield and in the skies, the conflict shows no signs of subsiding.

China last quarter, a sign that some investors are still pessimistic even as Beijing rolls out stimulus measures aimed at stabilizing growth. China's direct investment liabilities in its balance of payments dropped $8.1 billion in the third quarter, according to data from the State Administration of Foreign Exchange released late Friday. The gauge, which measures foreign direct investment in China, was down almost $13 billion for the first nine months of the year. Foreign investment into China has slumped in the past three years after hitting a record in 2021, a casualty of geopolitical tensions, pessimism about the world's second-largest economy and stronger competition from Chinese domestic firms in industries such as cars. Should the decline continue for the rest of the year, it would be the first annual net outflow in FDI since at least 1990, when comparable data begins.