Fuel demand contracts 9.1% in FY21; first since 1998-99India's fuel demand contracted by a massive 9.1 per cent in the financial year ended March 31, the first in more than two decades, as a stringent lockdown imposed to curb the spread of the pandemic pummelled economic activity, government data showed on Friday. This is the first time that the fuel consumption has contracted since 1998-99, the most historical year for which government data is available. The demand contraction was led by di...

Jumboking has ambitions to go beyond the current plan of 13 cities with stores in tier 2-3 towns. The company plans to have dine-in restaurants in the smaller towns, with largely 'on the go' model

Volatility from global issues is the new normal. Companies need to be more agile and focused than ever before

Business Today invited 17 of India's finest CEOs - across industries - to ask how they will do things differently from here on. Their insights on converting a crisis into an opportunity are something to consider not just for fellow CEOs and strategists but also policymakers and regulators

The priority in the new normal will be to create businesses that can withstand unanticipated stress

India Stock Highlights Today: Axis Bank, Reliance Industries, ONGC, M&M, ICICI Bank, Asian Paints, SBI, HUL, L&T, Titan, Infosys and TCS were among the top losers

India Stock Market Highlights Today: During the session, Sensex hit an all-time high of 46,309 and Nifty too logged a record high of 13,579

The price band of IPO has been fixed at Rs 59 to Rs 60 per equity share. Bid lot size is of 250 shares and in multiple of 250 shares thereafter. Burger King plans to raise Rs 804 crore at lower end of price band and Rs 810 crore at higher end of price band

Burger King IPO: The price band of the offer has been fixed at Rs 59 to Rs 60 per equity share for its Rs 810 crore IPO, which will close on Friday, December 4, 2020

The coronavirus pandemic has seen an over 40 per cent surge in the Indian elder care market; the pandemic has also encouraged the elders to shop and socialise more on virtual platforms

The burger franchisee claims that it is almost 70 per cent of pre-COVID sales. In Q2FY21 it has recorded a growth of 47.6 per cent growth over Q2FY20

Puri will help Carlyle identify evolving market landscape and new opportunities and will also mentor Carlyle's investment professionals; in Asia, major Carlyle investments include stakes in SBI Cards and Piramal Pharma and Mcdonald's China

China not allowed! India approves 16 for incentive scheme, none from ChinaThe government on Tuesday released the names of 16 applicants who have been found eligible for the product linked incentive scheme for large scale electronics manufacturing launched in April this year, including Samsung, Lava, Micromax, Dixon and contract manufacturers for Apple iPhone - Foxconn, Wistron and Pegatron. None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list ev...

Until now, ITC was highly conservative when it came to acquisitions, marketing and geographical expansions compared to Hindustan Unilever and others

As quick-service restaurants focus on takeaway and home delivery, they are launching their mobile app and WhatsApp number to connect with consumers directly

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Apart from promising a contactless experience, Westlife has implemented a 42-point checklist across dine-in, delivery and take-out to ensure highest standards of food safety and hygiene across all channels

CEO Deepinder Goyal said the company's business was severely affected by COVID-19 lockdown and the restaurant industry itself could shrink by 25 to 40 per cent over the next 6-12 months

Strict social distancing norms to be followed in kitchens; customers won't have to stand in queues

A humanitarian crisis calls for humane HR policies to tide over what looks like the \"new normal\" post-lockdown