Starbucks is unlikely to implement any policy in India to restrict restroom use or access to its facilities without a purchase, the American coffeehouse chain told Moneycontrol in an emailed statement. Starbucks this week reversed a policy it introduced in 2018 that allowed people to hang out in its coffee shops even if they had not bought something.
Open FlipThe Indian rupee rebounded on Wednesday, after falling to a lifetime low in the prior session, to log its best day in over seven months, aided by a softer greenback and strong dollar sales by foreign banks. The rupee closed at 86.3625 against the US dollar, up 0.3% on Wednesday, its best single-day percentage rise since June 3, 2024
Open FlipTransrail Lighting Ltd reported a 22% jump in standalone net profit to Rs 58 crore in Q3FY25, with revenue from operations increasing 11.5% to Rs 1,068 crore. The company's shares closed 5% lower at Rs 600 on BSE. Transrail Lighting is a leading EPC company with a focus on power transmission and distribution, operating in over 58 countries.
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