Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
IntrCity crosses Rs 320 Cr income in FY24, nears break-even
IntrCity, a prominent intercity mobility platform, has reported a revenue exceeding Rs 320 crore for FY24, with expectations to reach break-even soon. The company is actively expanding its business by offering long-distance travel solutions in an attempt to meet growing consumer demand. Despite increasing competition in the intercity travel segment, IntrCity has positioned itself as a leader in the space by focusing on seamless digital services and enhancing its infrastructure. The company has been experimenting with new business models, including partnerships with other firms to broaden its reach. This robust financial performance indicates that IntrCity is on track to achieve profitability in the near future.