Service Industry

Leaders of mettled, forged in the fires of industry

Team Marksmen's Influential Leaders of India 2024 lauded an elite cadre of leaders that have blazed a trail of excellence across industries

Growth will pay for tax cuts said to cost trillions, says Donald Trump

The former president has said he will renew tax cuts from his 2017 tax law that are set to expire next year - a centerpiece of his economic agenda which has won him support

Elevated workplaces that tap into people power

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Popular Vehicles & Services Q4 results: PAT rises 40% to Rs 20 crore

Automotive dealership firm Popular Vehicles & Services Ltd on Wednesday reported 40 per cent year-on-year increase in Profit After Tax (PAT) at Rs 20.1 crore for the March quarter. The Kochi-headquartered company had posted a PAT of Rs 14.3 crore in the fourth quarter of FY23, according to a statement. Total income grew 4.6 per cent at Rs 1,372 crore as against Rs 1,311 crore in Q4 FY23, it said. The company said the total vehicles retailed during March quarter FY24 declined 10.2 per cent to 11,116 units as against 12,372 units in the year-ago period. The company, which is the country's second listed auto dealership chain, also said that out of net IPO proceeds of Rs 230 crore, Rs 192 crore, supposed to be used for debt reduction, has already been deployed in FY24. Popular Vehicles & Services got listed on exchanges on March 19 this year. "In FY24, the sales volume, excluding service business de-grew by 4 per cent, however the revenue increased by 14 per cent. The growth was ..

India's services exports growth enters slow lane in FY24: RBI data

Falls to 3-year low of 4.9%, but net services exports grow at 13.6%

Low demand drags India's services PMI to seven-month low in October

The survey also mentioned that services companies in India reported an increase in their expenses in October due to higher food, fuel, and staff costs

Planning to enter home services segment, to compete Urban Company: Zomato

Top Zomato leadership on Friday said that home services is one big market they are exploring to enter and make neighbourhood services like electricians, plumbers, etc. more accessible to customers.

Spending bill aids retirees, and boosts financial services industry

A section of the USD 1.7 trillion spending bill passed Friday has been billed as a dramatic step toward shoring up retirement accounts of millions of US workers. But the real windfall may go to a far more secure group: the financial services industry. The retirement savings measure labeled Secure 2.0 would reset how people enroll in retirement plans from requiring them to opt into plans, to requiring them to opt out. The provision is designed to ensure greater participation. It also allows workers to use their student loan payments as a substitute for their contributions to their retirement plans meaning they can get matching retirement contributions from their employers by paying off that debt increases the age for required distributions from plans, and expands a tax-deductible saver's credit. But as with so many far-reaching spending bills that get little public consideration, provisions of the legislation also benefit corporate interests with a strong financial interest in the

Behavioural economics 101

It is time for the service industry to put a checklist to ensure that customers are treated well