NEW DELHI: The Central Consumer Protection Authority has issued notice to ride hailing platform Uber over its ‘advance tip’ feature in its app for availing faster service, calling it an unethical and unfair trade practice. The authority is also looking into similar practices by other platforms such as Rapido and Ola, sources said.Announcing the authority’s…
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict. Source link
State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors behind the drop.The company posted a net profit of Rs 1,591.48 crore in the fourth quarter of 2024–25, down from Rs 2,028.83…
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to do it with euphemisms to avoid the president’s anger. Source link
Accenture is also promoting nearly 50,000 employees globally in June, aiming to lift staff spirits. Accenture, the global IT services giant, has announced pay hikes between 3 percent and 13 percent for staff at Associate Manager level and higher positions, marking their first raise in the last 2.5 years.Accenture is also promoting nearly 50,000 employees…
A.I. has yet to upend Hollywood. But it is starting to make big inroads in animation. Source link
InterGlobe Aviation, the parent company of budget carrier IndiGo, posted a 62% year-on-year rise in its consolidated net profit for Q4FY25 at Rs 3,067 crore, compared to Rs 1,895 crore in the same quarter last year.The profit is attributable to the owners of the company.The airline’s board has recommended a dividend of Rs 10 per…
I’m eligible for retirement, but I love my job. Can I keep working? Source link
India’s imports of Russian crude oil are set to reach nearly 1.8 million barrels per day in May, the highest in 10 months, according to ship tracking data from Kpler, as domestic refiners ramp up purchases of lighter Russian grades like ESPO Blend.Strong demand from the world’s third-largest oil consumer is expected to continue into…
A forgotten fitness pioneer built an empire on the idea of creating a space for everyday women. Her devotees are still sweating through workouts at a faded gym in Queens. Source link
