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.
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The 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
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Transrail 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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