Hotels & Accommodations
Iceland volcano eruption live: Hotels and Blue Lagoon evacuated as cloud of gas sent towards airport
A volcano on Iceland’s Reykjanes Peninsula erupted again on Wednesday, spewing lava and smoke into the air in what officials say is the twelfth eruption in the region since 2021.
Authorities have evacuated families, hotel guests, and tourists from Grindavík, the nearby Blue Lagoon resort, and other surrounding areas as a precaution.
The eruption in the Sundhnúkur volcano on the Reykjanes Peninsula, which began early Wednesday, is the 12th since volcanic activity reawakened in the region in 2021.
According to Iceland’s meteorological office, magma forced through the crust opened a fissure between 700 and 1,000m long.
“(It does) not threaten any infrastructure at this time,” the office said, adding that GPS and deformation data suggest it was a relatively small eruption.
Grindavík, which once housed nearly 4,000 people, was evacuated last year and remains largely empty due to ongoing volcanic risk.
Despite the dramatic lava flows, no disruption to flights at Keflavík airport has been reported.
The eruption is the latest in a growing sequence of volcanic events on the Reykjanes Peninsula, which began when dormant systems were reactivated in 2021 after centuries of silence.
Air travel remains normal following Iceland volcano eruption
Flights at Reykjavík’s Keflavík International Airport are unaffected following the volcano eruption.
Flight radar and airport communications show no cancellations or diversions, and airlines including Icelandair, easyJet, and PLAY are operating as scheduled. The eruption does not project ash into the stratosphere, so international routes remain clear, officials say.
Despite ongoing lava flows near Grindavík, experts say this eruption’s low-ash nature means it’s unlike the previous disruptive events which have grounded flights.
Alexander Butler16 July 2025 18:00
Iceland volcano erupts opening up 1km-long fissure
A volcano on Iceland’s Reykjanes Peninsula erupted again on Wednesday, spewing lava and smoke in what officials say is the twelfth eruption in the region since 2021.
The eruption prompted fresh evacuations from the nearby town of Grindavík, a luxury hotel, and the popular Blue Lagoon spa, Icelandicauthorities said.
The Icelandic Meteorological Office (IMO) said magma pushed through the earth’s crust, opening a fissure estimated to be between 700 and 1,000 metres long.
Alexander Butler16 July 2025 17:00
Blue Lagoon evacuated as Sundhnúkur erupts
Iceland’s Blue Lagoon geothermal spa and nearby Grindavík were evacuated early today after Sundhnúkur volcano reactivated.
Civil defence teams have evacuated hotel guests, campers, and residents as a precaution, officials said.
The Blue Lagoon resort is one of the most luxurious and renowned hotels in the region, famous for its geothermal spa.
The eruption came from a 700–1,000 m fissure on the Reykjanes Peninsula.
Officials have described this as a small disruption as lava flows southeast, away from key infrastructure. However, this marks the 12th eruption in the region since 2021, part of a prolonged volcanic cycle that could last decades.
Alexander Butler16 July 2025 17:00
Recent eruptions in Iceland
Today’s eruption near Sundhnúkur crater is the 12th since volcanic activity reawakened on the Reykjanes Peninsula in 2021, ending nearly 800 years of geological silence in the region.Here’s a quick look at the most recent eruptions in the same system:
- Dec 2023: A powerful fissure eruption near Hagafell led to the first full evacuation of Grindavík and triggered widespread ground deformation.
- Jan 2024: Lava breached defences, destroying homes and killing one person in a ground collapse.
- Feb 2024: A short but intense eruption cut off hot-water pipelines, causing major disruption in the region.
- Mar–May 2024: The longest and most voluminous eruption so far, lasting 54 days and producing 35 million cubic metres of lava.
- May–June 2024: Another eruption followed, keeping the region under continuous alert.
- Nov–Dec 2024: Lava reached the Blue Lagoon car park during a fissure event, prompting mass evacuations once again.
Alexander Butler16 July 2025 16:00
Current eruption is relatively small, officials say
Iceland’s latest volcanic eruption on the Reykjanes Peninsula is not considered a major event, according to the Icelandic Meteorological Office.
The fissure, located near Sundhnúkur crater, measures about 700 to 1,000 metres long, but officials say the eruption is relatively small, with lava flowing steadily to the southeast, away from critical infrastructure.
“There is no immediate threat to populated areas or key services,” the IMO said, adding that deformation data and GPS readings suggest limited magma output.
Civil defence authorities have evacuated surrounding areas as a precaution, but most of the disruption is localised.
Unlike explosive eruptions that produce large ash plumes, this is a low-ash fissure eruption, meaning it’s unlikely to affect air travel or trigger widespread fallout.
Similar eruptions have occurred on the peninsula repeatedly since 2021 as part of a longer volcanic cycle.
Alexander Butler16 July 2025 15:45
Recap: Blue Lagoon evacuated as Sundhnúkur erupts
Iceland’s Blue Lagoon geothermal spa and nearby Grindavík were evacuated early today after Sundhnúkur volcano reactivated.
Civil defence teams have evacuated hotel guests, campers, and residents as a precaution, officials said.
The Blue Lagoon resort is one of the most luxurious and renowned hotels in the region, famous for its geothermal spa.
The eruption came from a 700–1,000 m fissure on the Reykjanes Peninsula.
Officials have described this as a small disruption as lava flows southeast, away from key infrastructure. However, this marks the 12th eruption in the region since 2021, part of a prolonged volcanic cycle that could last decades.
Alexander Butler16 July 2025 15:30
Iceland volcano erupts opening up 1km-long fissure
A volcano on Iceland’s Reykjanes Peninsulaerupted again on Wednesday, spewing lava and smoke in what officials say is the twelfth eruption in the region since 2021.
The eruption prompted fresh evacuations from the nearby town of Grindavík, a luxury hotel, and the popular Blue Lagoon spa, Icelandicauthorities said.
The Icelandic Meteorological Office (IMO) said magma pushed through the earth’s crust, opening a fissure estimated to be between 700 and 1,000 metres long.
Alexander Butler16 July 2025 15:15
This is the 12th eruption in the region since 2021
The latest eruption is part of a broader pattern of seismic activity that reawakened the Reykjanes Peninsula in 2021 after centuries of dormancy. Since then, the area has seen repeated volcanic events, with fissure eruptions now becoming a near-annual phenomenon.
Experts say Iceland is now in a new volcanic cycle, with magma expected to keep surfacing in the region for years or even decades.
Stuti Mishra16 July 2025 15:00
What makes Iceland so volcanically active?
Iceland sits directly on the Mid-Atlantic Ridge, where the North American and Eurasian tectonic plates are pulling apart.
This geological hotspot fuels regular volcanic and seismic activity. The Reykjanes Peninsula, now erupting again, had been dormant for 800 years before reawakening in 2021.
Alexander Butler16 July 2025 14:48
Recap: Evacuations ordered in Grindavík
The eruption prompted fresh evacuations from the nearby town of Grindavík. However, the town has been almost empty for months.
Authorities first ordered a full evacuation of the town in November 2023 after seismic activity and land deformation signalled a high risk of magma movement beneath the area.
A fissure eruption in December caused structural damage to roads and buildings. Subsequent eruptions in January and February 2024 led to further destruction, including the collapse of homes and the death of one person due to ground cracking.
Although some residents briefly returned during calmer periods, the area has remained largely off-limits.
Alexander Butler16 July 2025 14:30
Hotels & Accommodations
Wipro, LTIMindtree, Axis Bank, Indian Hotels, Jio Financial, RIL
Axis Bank Q1FY26 Highlights (Standalone, YoY)
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NII up 1% to Rs 13,560 crore versus Rs 13,448 crore (Estimate: Rs 13,970 crore).
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Net Profit down 3.8% to Rs 5,806 crore versus Rs 6,035 crore (Estimate: Rs 6,376 crore).
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Provisions up 94% to Rs 3,948 crore versus Rs 2,039 crore.
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Net NPA at 0.45% versus 0.33% (QoQ).
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Gross NPA at 1.57% versus 1.28% (QoQ).
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Fresh slippages at Rs 8,200 crore versus Rs 4805 crore.
Wipro Q1FY26 Highlights (Consolidated, QoQ)
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Revenue down 1.65% to Rs 22,134 crore versus Rs 22,504.2 crore. (Estimate: Rs 22,078 crore).
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EBIT decreased 9.09% to Rs 3,548 crore versus Rs 3,902 crore. (Estimate: Rs 3,783 crore).
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EBIT margin contracted 132 basis points to 16.02% versus 17.3%. (Estimate: 17.1%).
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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)
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Revenue 0.7% up at Rs 9,840.60 crore versus Rs 9,771.70 crore. (Estimate: Rs 9,855 crore).
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EBIT up 5% to Rs 1,406.50 crore versus Rs 1,345.40 crore. (Estimate: Rs 1416 crore).
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EBIT margin at 14.3% versus 13.8%. (Estimate: 14%).
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Net profit up 11% to Rs 1,254.10 crore versus Rs 1,128.50 crore. (Estimate: Rs 1,194 crore).
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Trailing 12-month attrition was 14.4%.
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Revenue – Constant Currency (CC) terms grew by 0.8% QoQ and 4.4% YoY.
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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)
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Revenue 31.7% up at Rs 2,041.08 crore versus Rs 1,550.23 crore.
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Ebitda up 28% to Rs 576.03 crore versus Rs 449.60 crore.
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Ebitda margin at 28.2% versus 29%.
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Net profit up 19% to Rs 296.37 crore versus Rs 248.39 crore.
Jio Financial Services Q1 FY26 Highlights (Consolidated, YoY)
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Net Profit up 3.8% to Rs 325 crore versus Rs 313 crore.
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Total Income up 48.3% at Rs 619 crore versus Rs 418 crore.
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AUM of JioBlackRock Asset Management exceeds Rs. 17,800 crore.
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Jio Credit Limited AUM at Rs. 11,665 crore, up from Rs. 217 crore in Q1 FY25
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Pre-provisioning Operating Profit at Rs. 366 crore, up 8% YoY
Nuvoco Vistas Corporation Q1 FY26 (Consolidated, YoY)
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Revenue up 8.95% at Rs 2872 crore versus Rs 2636 crore.
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Ebitda up 51.02% at Rs 518 crore versus Rs 343 crore.
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Ebitda margin up 502 bps at 18.03% versus 13.01%.
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Net profit at Rs 133 crore versus Rs 2.25 crore.
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Other income grew by 3.2 times at Rs 14.8 crore vs Rs 4.52 crore
Ceat Q1 FY26 (Consolidated, YoY)
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Revenue up 10.5% at Rs 3,529 crore vs Rs 3,193 crore.
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Ebitda up 1.3% at Rs 388 crore vs Rs 383 crore.
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Margin at 11% versus 12%.
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Net Profit down 27% At Rs 112 crore versus Rs 154 crore.
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Re-appoints Arnab Banerjee as MD, CEO for a further 2 years.
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To spend Rs 450 crore on capex at Chennai Plant.
Sterling and Wilson Renewable Energy Q1 FY26 Highlights (Consolidated, YoY)
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Revenue up 92.5% to Rs 1,761.63 crore versus Rs 915.06 crore.
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Ebitda at Rs 85.46 crore versus Rs 24.68crore.
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Margin at 4.9% versus 2.7%.
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Net Profit up multifold to Rs 31.97 crore versus Rs 4.19 crore.
Tata Communications Q1 FY26 Highlights (Consolidated, QoQ)
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Revenue down 0.5% to Rs 5,959.85 crore versus Rs 5,990.35 crore.
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Ebitda up 1% to Rs 1,136.81 crore versus Rs 1,122.08 crore.
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Margin at 19.1% versus 18.7%
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Net Profit down 82% to Rs 190.14 crore versus Rs 1,040.51 crore.
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Notable slip in net profit owing to Rs 311.2 crore exceptional gain in the previous quarter.
Sunteck Realty Q1 FY26 Highlights (Consolidated, YoY)
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Revenue down 40.5% at Rs 188 crore versus Rs 316 crore.
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Ebitda up 52% to Rs 47.7 crore versus Rs 31.4 crore.
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Ebitda margin at 25.4% versus 9.9%.
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Net profit up 46.8% to Rs 33.4 crore versus Rs 22.8 crore.
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Pre-sales grew to ~Rs.657 crore, up 31% YoY.
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Collections stood strong at ~Rs.351 crore.
Shoppers Stop Q1 FY26 Highlights (Consolidated, YoY)
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Revenue 8.6% up at Rs 1,161.08 crore versus Rs 1,069.31 crore.
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Ebitda up 20% to Rs 171.51 crore versus Rs 142.92 crore.
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Ebitda margin at 14.8% versus 13.4%.
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Net loss at Rs 15.74 crore versus loss of Rs 22.72 crore.
Clean Science Q1 FY26 Highlights (Consolidated, YoY)
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Revenue up 8.4% to Rs 243 crore versus Rs 224 crore.
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Ebitda up 5.5% to Rs 99.8 crore versus Rs 94.7 crore.
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Margin at 41.1% versus 42.3%.
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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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Hotels, restaurants now don’t need police cert for liquor licence | Delhi News
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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