TICKETING BUSINESS INDIA

BookMyShow founder admits what went wrong with coldplay ticket sales| The Quest

UPI sees Diwali boom; AI cracks Captcha

Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.

Rs 500 can buy you 40 minutes on Yamuna! What passengers can experience aboard Delhi's first-ever river cruise

Delhi has got its first Yamuna cruise service, Namo Yamuna River Safari, offering a 40-minute ride between Sonia Vihar and Jagatpur. Inaugurated on Tuesday, the electric-powered cruise covers around 5 km, with tickets priced at Rs 500 per person and a capacity of 30 passengers. Here are the route, fare, ride duration and other details.

Another billion-dollar IPO: After Jio and NSE, what should investors know about Mahanadi Coalfields?

Mahanadi Coalfields is gearing up for a potential $1 billion IPO that could value Coal India's subsidiary at up to $10 billion. With Sebi clearance secured and investor meetings underway, the offering could be among India's biggest public issues. Here's what investors should know about the company's operations, financial performance, IPO structure, key customers and growth prospects.

How intelligent commerce is shaping the next frontier of merchant payments

For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf.

Linguistic barriers & legacy tech slow India’s VoiceAI shift

India’s broader conversational artificial intelligence market, spanning voice and text-based applications, is estimated at $500-550 million and has an addressable opportunity of about $4 billion over the next decade, growing at 23-25% annually, Deloitte India estimates.

Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole

Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.

From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investors

Nanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involving around 7,400 investors. The Cyberabad Economic Offences Wing is investigating two companies, Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd, which allegedly promised monthly returns of 4% and tax-free annual returns of 24%.

Saregama plans Rs 1,200 crore content spend for FY28-FY30

Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company expects earlier music acquisitions to drive margin expansion, while maintaining 20-23% revenue CAGR guidance for its music business. It is also expanding subscriptions, artist management and live events.

Passengers climbing through train windows, some travelling in toilets, others waiting 12 hours in queues: Railway stations witness unprecedented Diwali-Chhath chaos

Railway stations across Delhi, Mumbai, Uttar Pradesh, Tamil Nadu and Gujarat are witnessing massive crowds as passengers head home for Diwali and Chhath Puja. Videos show commuters attempting to enter packed trains through doors and windows, while some wait up to 12 hours to board services. Railway Minister Ashwini Vaishnaw says 18,000 special trains have been added this festive season, alongside holding areas and AI-enabled cameras to manage crowds.

Airlines go premium as demand for business-class seats outpaces economy

Since 2020, airlines have increased the number of premium seats significantly to meet growing consumer demand. Airlines are adopting strategies to enhance premium offerings, including gourmet meals and exclusive lounges. This focus has resulted in premium products generating substantial ticket revenue. Various airlines are implementing new options, such as Economy Plus and first-class services.

Jubilant FoodWorks' delivery growth lifts Domino's India; Popeyes emerges as second growth engine

Jubilant FoodWorks experienced significant growth in its delivery business, led by a strong performance from Domino's Pizza. Revenue from Domino's increased by 9.2% year-on-year, driven by a rise in orders and delivery growth. Meanwhile, Popeyes reported a remarkable 122% year-on-year revenue increase and achieved consistent growth above 40%. The company demonstrated effective cost management strategies and enhanced its operational efficiency across its restaurant network.

Travomint parent SNVA Traveltech files updated draft papers with Sebi for public offering

SNVA Traveltech, parent of online travel platform Travomint, has filed updated IPO papers with SEBI for an entirely offer-for-sale issue of 12.75 crore shares. FY26 revenue rose 58.1%, while net profit jumped 73.7% year-on-year.

Coldplay, Post Malone and the concert economy: BookMyShow's Naman Pugalia on why India's live music boom is only getting bigger

Post Malone's concert in Guwahati attracted around 20,000 fans, which proved to be a monumental economic boost, generating an estimated ₹43 crore for the local area. Fans traveled from more than 200 cities, reflecting the event's significant impact on tourism. A report shows people increasingly favor experiences over possessions, underlining how concerts can create memorable moments and facilitate the discovery of new musical talents.

Saudi airline flyadeal launches direct flights between Jeddah and Lucknow

In a new development plan, Flyadeal is expanding its services to India with new direct flights from Jeddah to Lucknow, scheduled to commence on November 4, 2026. With three flights a week, this new route reinforces ties between the two countries, satisfying the needs of travelers for business and family connections.

LIC shares fall 3% as Q2 VNB misses estimates. Jefferies cuts target but lists 3 reasons to buy the stock

LIC reported a 20% year-on-year rise in Q2 consolidated net profit to Rs 12,115 crore, while net premium income grew 16% to Rs 1.47 lakh crore, supported by higher single-premium collections. Net investment income in the shareholders' account surged 38% to Rs 2,855 crore. Its solvency ratio improved to 2.35 from 2.13 a year ago, while the expense ratio declined to 10.26% from 12.05%.

Japan’s SuMiTB makes first Indian realty fund investment with HDFC Capital

Sumitomo Mitsui Trust Bank has made its first investment in an Indian real estate fund. This investment is in HDFC Capital Development of Real Estate Affordable and Mid-Income Fund. The H-DREAM Fund has raised over $400 million in secured investor commitments. This fund targets residential projects within affordable housing while promoting green building standards. The investment reflects the strengthening economic relationship between India and Japan in the real estate sector.

Titan Company shares drop 3% after Q2 results. Why Emkay, Nuvama and others remain bullish

Titan shares declined despite a 54% rise in adjusted net profit for the September quarter. Strong demand for jewellery, watches, and eyewear supported performance, while brokerages remained largely positive on the stock, citing growth prospects, market-share gains, and improving margins.

Ramayana Day 1 box office collection: Ranbir Kapoor, Yash-starrer opens on a strong note. Film crosses Rs 150 crore in worldwide advance bookings

Ramayana Part 1 was released on November 5 and received positive reviews from audiences. The film collected Rs 26.67 crore in India on its opening day, with the Hindi version leading. Advance bookings generated over Rs 100 crore gross for the movie's opening weekend across five languages. The film is part of an ambitious two-part project based on the Indian epic.

Titan's jewellery, watches, Eyecare businesses post strong Q2 growth; net profit more than doubles

Titan Company experienced significant growth in its various segments, particularly in jewellery and watches. The jewellery division generated Rs 17,495 crore in revenue, reflecting a 24% increase. Additionally, international jewellery revenue saw a substantial rise of 105%. Profit after tax also grew significantly, reaching Rs 1,722 crore, up 54% year-on-year. The board approved a plan to raise up to Rs 2,500 crore through debentures.

Vikas Khemani’s Carnelian Mutual Fund raises Rs 632 crore through small-cap NFO, attracts over 30,000 applications

Vikas Khemani's Carnelian Small Cap Fund received over 30,000 applications worth Rs 632 crore in its maiden NFO. Nearly 45% of applications came from beyond the top 30 cities, while 21% opted for systematic investment plans.

Cancelled flight ticket? GSTAT says airlines can refund GST to passengers and claim it back from the government

Taxpayer wins GST refund denial case after depositing GST on airline ticket with the govt and later refunding the GST back to passengers due to cancelled ticket; GSTAT orders GST department to issue GST refund with interest to taxpayer

Big-budget Ramayana set for a slow start at theatres

Advance ticket sales for The Ramayana: Part 1 have not met the expectations of trade analysts and distributors. Data shows that ticket sales are underwhelming despite the film's grand scale and marquee cast. Concerns have been raised about the film's music not resonating with audiences and the quality of its VFX. Experts have highlighted inflated advance booking figures, suggesting lower actual sales than reported.