Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

New Delhi: In a relief to automakers, sales of entry-level twowheelers — mostly bought by rural consumers — rose in strong double digits in the second half of FY24, underscoring a recovery in demand in this key consumer segment for the first time since the pandemic. The trend continued in April, driven by an improvement … Read more

FAME Subsidy Case: Hero Electric moves HC seeking relief

FAME Subsidy Case: Hero Electric moves HC seeking relief

New Delhi: Hero Electric scooter company Hero Electric has approached the Punjab and Haryana High Court seeking relief from recovery of subsidies availed under the government’s flagship scheme to promote electric mobility.The move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongfully under the … Read more

hotel sector: Leisure is leading although individual business travel is coming back:Hyatt Hotels CEO

hotel sector: Leisure is leading although individual business travel is coming back:Hyatt Hotels CEO

Mark Hoplamazian, President & CEO, Hyatt Hotels Corp, says “growth has been led by leisure travel and mostly domestic leisure travel. And the difference between the amount of money spent on domestically leisure travel versus inbound leisure travel is something like seven to one.” It has been a couple of years that you have not … Read more

Princess Kate: Long-term prognosis after abdominal surgery and making a full recovery

Princess Kate: Long-term prognosis after abdominal surgery and making a full recovery

The Princess of Wales is said to be “doing well” after undergoing a planned abdominal surgery. Kate, 42, was admitted into hospital on Tuesday (January 16) for the procedure. She is currently being treated in hospital and is expected to remain there for 10 to 14 days before going home. Kensington Palace has said she … Read more

Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery

Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery

KOLKATA: Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery. “We are using the auspicious occasion of Maha Shivratri to pray to Lord Shiva to help him recover painlessly from his health problems,” Sourav Banerjee of Amitabh Bachchan Fans Association of Kolkata, told. … Read more