Hotels & Accommodations

Hotels, restaurants now don’t need police cert for liquor licence | Delhi News

Published

5 hours ago

July 17, 2025

New Delhi: Delhi govt has removed the requirement for an eating house registration and lodging certificate from police for serving liquor in hotels, clubs and restaurants in the national capital.According to officials, the certificate was a prerequisite to apply for a licence from the excise department to serve beer, wine and spirits, and it often took weeks to be issued by Delhi Police. However, lieutenant governor VK Saxena issued directions in June to withdraw powers from Delhi Police to issue licences/certificates/no-objection certificates to seven categories of businesses, including eateries, hotels, motels and guesthouses. A notification was subsequently issued by the commissioner of police, repealing its regulatory power in the matter with immediate effect.In an order issued earlier this week, the excise department stated that applications for the grant or renewal of different kinds of licences, including L-11 (retail vend of microbreweries), L-15 (hotel, guesthouse with room service of liquor), and L-16 (serving of liquor at bars, restaurants attached to hotels), were not required to submit the eating house registration and lodging certificate.The exempted categories also include L-17 (service of liquor at independent restaurants) and L-19 (round-the-clock service of liquor at departure and arrival lounges of international airports), among other excise licences.The certificate from police used to be a significant hurdle before obtaining the appropriate excise licence. “The process of getting a police licence was very cumbersome. Even if all the papers were in order, they would still find faults and make you take rounds to their office. They were aware that this licence is the last hurdle for a restaurant to cross to get a liquor licence and would try their best to delay it. Even though we had to apply online, they would not issue it until you visited,” said a restaurateur. Manpreet Singh, treasurer of National Restaurant Association of India, said Delhi was one of the two cities in the entire country that required such a licence, and the lieutenant governor and the chief minister gave a “great gift” by abolishing it. “Now the process of opening a restaurant has become easier and faster. This will attract more investment in this sector, not just locally but also nationally and internationally,” he added.Another restaurateur mentioned that the process of issuing a police licence was specified to be completed within 45 days but often took months due to last-minute queries.The excise department grants licences to any club, restaurant or hotel to serve liquor after the submission of fire safety and municipal corporation certificates. With the eating house certificate gone, the process to get the excise licence will speed up now.

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Hundreds take part in protests near asylum hotel in Epping

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Hotels & Accommodations

Wipro, LTIMindtree, Axis Bank, Indian Hotels, Jio Financial, RIL

Published

48 minutes ago

July 18, 2025

NDTV Profit Research

Axis Bank Q1FY26 Highlights (Standalone, YoY)

NII up 1% to Rs 13,560 crore versus Rs 13,448 crore (Estimate: Rs 13,970 crore).
Net Profit down 3.8% to Rs 5,806 crore versus Rs 6,035 crore (Estimate: Rs 6,376 crore).
Provisions up 94% to Rs 3,948 crore versus Rs 2,039 crore.
Net NPA at 0.45% versus 0.33% (QoQ).
Gross NPA at 1.57% versus 1.28% (QoQ).
Fresh slippages at Rs 8,200 crore versus Rs 4805 crore.

Wipro Q1FY26 Highlights (Consolidated, QoQ)

Revenue down 1.65% to Rs 22,134 crore versus Rs 22,504.2 crore. (Estimate: Rs 22,078 crore).
EBIT decreased 9.09% to Rs 3,548 crore versus Rs 3,902 crore. (Estimate: Rs 3,783 crore).
EBIT margin contracted 132 basis points to 16.02% versus 17.3%. (Estimate: 17.1%).
Net profit fell 7.02% to Rs 3,336 crore versus Rs 3,588 crore. (Estimate: Rs 3,249 crore).

LTIMindtree Q1 FY26 Highlights (Consolidated, QoQ)

Revenue 0.7% up at Rs 9,840.60 crore versus Rs 9,771.70 crore. (Estimate: Rs 9,855 crore).
EBIT up 5% to Rs 1,406.50 crore versus Rs 1,345.40 crore. (Estimate: Rs 1416 crore).
EBIT margin at 14.3% versus 13.8%. (Estimate: 14%).
Net profit up 11% to Rs 1,254.10 crore versus Rs 1,128.50 crore. (Estimate: Rs 1,194 crore).
Trailing 12-month attrition was 14.4%.
Revenue – Constant Currency (CC) terms grew by 0.8% QoQ and 4.4% YoY.
Order Inflow at 1.63 (USD Billion) vs 1.60 (USD Billion) QoQ, 1.40 (USD Billion) YoY.

Indian Hotels Co Q1 FY26 Highlights (Consolidated, YoY)

Revenue 31.7% up at Rs 2,041.08 crore versus Rs 1,550.23 crore.
Ebitda up 28% to Rs 576.03 crore versus Rs 449.60 crore.
Ebitda margin at 28.2% versus 29%.
Net profit up 19% to Rs 296.37 crore versus Rs 248.39 crore.

Jio Financial Services Q1 FY26 Highlights (Consolidated, YoY)

Net Profit up 3.8% to Rs 325 crore versus Rs 313 crore.
Total Income up 48.3% at Rs 619 crore versus Rs 418 crore.
AUM of JioBlackRock Asset Management exceeds Rs. 17,800 crore.
Jio Credit Limited AUM at Rs. 11,665 crore, up from Rs. 217 crore in Q1 FY25
Pre-provisioning Operating Profit at Rs. 366 crore, up 8% YoY

Nuvoco Vistas Corporation Q1 FY26 (Consolidated, YoY)

Revenue up 8.95% at Rs 2872 crore versus Rs 2636 crore.
Ebitda up 51.02% at Rs 518 crore versus Rs 343 crore.
Ebitda margin up 502 bps at 18.03% versus 13.01%.
Net profit at Rs 133 crore versus Rs 2.25 crore.
Other income grew by 3.2 times at Rs 14.8 crore vs Rs 4.52 crore

Ceat Q1 FY26 (Consolidated, YoY)

Revenue up 10.5% at Rs 3,529 crore vs Rs 3,193 crore.
Ebitda up 1.3% at Rs 388 crore vs Rs 383 crore.
Margin at 11% versus 12%.
Net Profit down 27% At Rs 112 crore versus Rs 154 crore.
Re-appoints Arnab Banerjee as MD, CEO for a further 2 years.
To spend Rs 450 crore on capex at Chennai Plant.

Sterling and Wilson Renewable Energy Q1 FY26 Highlights (Consolidated, YoY)

Revenue up 92.5% to Rs 1,761.63 crore versus Rs 915.06 crore.
Ebitda at Rs 85.46 crore versus Rs 24.68crore.
Margin at 4.9% versus 2.7%.
Net Profit up multifold to Rs 31.97 crore versus Rs 4.19 crore.

Tata Communications Q1 FY26 Highlights (Consolidated, QoQ)

Revenue down 0.5% to Rs 5,959.85 crore versus Rs 5,990.35 crore.
Ebitda up 1% to Rs 1,136.81 crore versus Rs 1,122.08 crore.
Margin at 19.1% versus 18.7%
Net Profit down 82% to Rs 190.14 crore versus Rs 1,040.51 crore.
Notable slip in net profit owing to Rs 311.2 crore exceptional gain in the previous quarter.

Sunteck Realty Q1 FY26 Highlights (Consolidated, YoY)

Revenue down 40.5% at Rs 188 crore versus Rs 316 crore.
Ebitda up 52% to Rs 47.7 crore versus Rs 31.4 crore.
Ebitda margin at 25.4% versus 9.9%.
Net profit up 46.8% to Rs 33.4 crore versus Rs 22.8 crore.
Pre-sales grew to ~Rs.657 crore, up 31% YoY.
Collections stood strong at ~Rs.351 crore.

Shoppers Stop Q1 FY26 Highlights (Consolidated, YoY)

Revenue 8.6% up at Rs 1,161.08 crore versus Rs 1,069.31 crore.
Ebitda up 20% to Rs 171.51 crore versus Rs 142.92 crore.
Ebitda margin at 14.8% versus 13.4%.
Net loss at Rs 15.74 crore versus loss of Rs 22.72 crore.

Clean Science Q1 FY26 Highlights (Consolidated, YoY)

Revenue up 8.4% to Rs 243 crore versus Rs 224 crore.
Ebitda up 5.5% to Rs 99.8 crore versus Rs 94.7 crore.
Margin at 41.1% versus 42.3%.
Net Profit up 6.3% to Rs 70.1 crore versus Rs 65.9 crore.

360 One WAM Q1 FY26 Highlights (YoY)

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Packages and promotions – The Korea Herald

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2 hours ago

July 18, 2025

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Hundreds take part in protests near asylum hotel in Epping

Published

5 hours ago

July 17, 2025

Shivani Chaudhari

Shivani Chaudhari

BBC News, Essex

BBC

Crowds gathered at the scene in Epping on Thursday

Hundreds of people have taken part in protests near a hotel used to house asylum seekers in a town.

Protesters from far-right and pro-refugee groups gathered in Epping, Essex, on Thursday.

BBC Essex political reporter Simon Dedman, who was at the scene, estimated there were about 40 pro-refugee protesters and about 400 members of far-right groups.

Essex Police said a man had been arrested on suspicion of affray at the protest.

Simon Dedman/BBC

About 40 pro-refugee demonstrators attended a protest in Epping on Thursday

“Our officers have been at a planned protest in Epping throughout the afternoon today, and are now aware of some protestors using fireworks and eggs in the crowds,” said a police spokesperson.

“We have closed a section of High Road, Epping, for the safety of the public and those protesting.”

The spokesperson added: “One man has already been arrested at today’s protest on suspicion of affray.”

Chris Whitbread, the Conservative leader of Epping Forest District Council, had called for an end to a hotel in the area being used to house asylum seekers.

He was joined by two local Conservative MPs – Epping Forest’s Neil Hudson and Alex Burghart, who represents Brentwood and Ongar. They claimed the Home Office did not understand the “seriousness of this situation”.

It followed the arrest of an asylum seeker on suspicion of alleged sexual assaults in the town.

Weyman Bennett, a member of Stand Up To Racism who attended the rally, said: “Britain is a peaceful country in which people should be allowed to go about their business without being attacked.”

Millie Smith, who lives in Epping and attended the rally, said: “There has been a lot of misinterpretation of who is here and why they are here.”

Ch Supt Simon Anslow said: “Disruption and offending is never an appropriate response, no matter the strength of feeling in this case, and on this issue.”

The Home Office said it has “begun to restore order [to the asylum system], with a rapid increase in asylum decision-making and the removal of more than 24,000 people with no right to be in the UK”.

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