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…
Labour Laws
06/09/20264 min read
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Informative
MapmyIndia Q2 Profit Slips 8% YoY to INR 30.35 Cr
Corporate ComplianceFinancial Management
MapmyIndia reported an 8% year-on-year decline in its Q2 profit to INR 30.35 crore. The decrease in profit is attributed to higher operational costs and increased investments in technology and product development. Despite the dip in profitability, MapmyIndia remains focused on long-term growth and innovation. The company continues to invest in expanding its product offerings and enhancing its digital map services. Management is optimistic about the future, citing growing demand for location-based services and technological advancements.
