At city malls, parking fees rival the cost of your movie ticket
Akshay Kumar, an IT professional, said: "The current rate is 100 for two hours, and 90 for each extra hour. Most films run longer, and the multiplex I go to often delays shows by 30 minutes. I end up paying 200 or more just for parking. That's almost the cost of a movie ticket."
While hearing a recent case filed by V Arun Kumar against a mall, which charged 80 for his two-wheeler for two hours, a consumer forum said it was an unfair trade practice.
Under Section 39(1)(g) of the Consumer Protection Act, the District Consumer Commission can direct a business to discontinue an unfair trade practice. If it fails to comply, the complainant can seek execution; be it compensation, attachment of property, or even arrest. "However, one ruling can't change the entire industry unless it comes from the high court. The non-compliance becomes contempt of court," said advocate Sanjay Pinto.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất
IC Markets
Đăng ký
Undo
Beyond legality, many say the issue is one of fairness. "In places like Dubai, malls give four to six hours of free parking. If misuse is a concern, validation through shopping bills can work," said advocate Akhil Bhansali.
Sujith G, an entrepreneur, calls the fee structure exploitative. "Parking is built as a part of the facility; it's not a revenue model," he said.
"Free parking may not be possible everywhere. However, there needs to be a cap on parking fees to prevent exorbitant rates and fleecing of customers," said Sanjay.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
17 minutes ago
- Time of India
All Time Plastics shares zoom over 8% after Vibhav Manish Chokhani picks 0.5% stake
Shares of All Time Plastics rallied 8.5% to hit an intraday high of Rs 316.20 on the BSE on Tuesday, following a notable stake purchase by Vibhav Manish Chokhani , son of veteran financial expert and investor Manish Chokhani. According to bulk deals data, Vibhav Chokhani acquired 3.5 lakh shares (0.53% stake) in the Mumbai-based plastic consumerware products manufacturer through open market transactions on August 18. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Sit Down Before You See What He Looks Like Now 33 Bridges Undo The shares were purchased at an average price of Rs 287.11 apiece, valuing the deal at around Rs 10.05 crore. All Time Plastics, a key supplier of consumerware products to global retailers such as IKEA and Tesco, witnessed strong investor interest after the development. The company is a recent market entrant, with its shares listing on the exchanges on August 14. All Time Plastics made a strong debut, opening at Rs 314.30 on the BSE—a 14.3% premium to its issue price of Rs 275. On the NSE, the stock listed at Rs 311.30, up 13.2% from the IPO price. Live Events The Rs 401 crore IPO saw robust demand from investors , receiving an overall subscription of 8.62 times. Within this, the QIB quota was subscribed 10.30 times, the NII portion 14.01 times, while the retail segment attracted bids 5.36 times the shares on offer. The IPO was priced at Rs 275 per share and comprised a fresh issue of 1.02 crore shares worth Rs 280.09 crore, along with an offer for sale of 0.44 crore shares worth Rs 120.60 crore by the promoters. Also read: Tata Motors shares rally 3% as co re-enters South African PV market ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
29 minutes ago
- Time of India
India remains one of LinkedIn's most energising growth stories: Feon Ang, MD, APAC, LinkedIn
In an exclusive interview with ET, Feon Ang, MD, APAC at LinkedIn cited crucial data insights and spoke about how AI is shaping workforce changes in India, hiring trends in the country, the growing SMB segment on LinkedIn and how Gen Z is driving the shift in India to move across sectors: Q How is AI shaping workplace changes in India and how does it stack up compared to other Asian markets? At LinkedIn, we see AI reshaping work in three ways: augmenting roles by freeing people to focus on higher-value work, disrupting jobs built on repetition, and elevating roles that rely on the human ingenuity AI can't replace. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Shooter Action MMO Crossout Play Now Undo What's striking is how leaders in India are embracing this shift. Ninety-five percent of C-suite leaders here are prioritising AI skills, ahead of Singapore (93%) and Australia (76%), showing clear momentum toward a skills-first economy. And there's a deeper shift underway. As AI takes on more of the background tasks, professionals are bringing more of their uniquely human skills to the forefront. Skills like critical thinking, creativity, and empathy are fast becoming essentials for how leaders inspire, grow, and deliver impact. Live Events Q India's largest tech company TCS announced mass layoffs recently and India's IT hub Karnataka is conducting a workplace survey with companies to evaluate the impact of AI on the workforce. How big a threat could AI be to jobs in India, and which sectors could primarily bear the brunt? These aren't easy times. As AI accelerates change, it's natural for the professional community to feel unsettled. But the data shows a different story: a shift to newer, not fewer, jobs. On LinkedIn, half of the fastest-growing roles in India today didn't exist as recently as 2000, a reminder that change is constant, and opportunity evolves alongside it. Leaders are acting. Seventy-eight percent of recruiters in India now take a skills-first approach to hiring and development. For professionals, this is the moment to invest in adaptable, future-ready skills that grow with change. For organisations, it's a chance to support talent with clarity, empathy and a clear path forward that sets them up for success. Q: Please share some details on the gender gap in workforce inclusion in India and what can India do to bridge the diversity gap? India is making notable progress on gender inclusion, especially at the entry level. Women's participation has risen to 35 percent this year from 28 percent last year, with the strongest gains in Education (40%), Government Administration (36%) and Healthcare (35%). But as careers advance, the gap widens. Our data shows 80 percent of women in India work in roles likely to be disrupted by AI, compared to 75 percent of men. Yet only 2 out of 10 women feel prepared to adapt. That's why skills matter. Skills-based hiring can expand the talent pool more than 11x in India, levelling the playing field. But hiring is just the start. Inclusion needs to be sustained through safe work environments, mentorship, and a culture where women are empowered to grow and lead. That's how we fix the broken rung and build stronger, more diverse leadership across India's workforce. Q: How is LinkedIn adopting AI for the platform? Please share some recent examples to illustrate the point. At LinkedIn, we're using AI to make the path to opportunity clearer and more personal for every member. In a fast-growing market like India, where job search can often feel overwhelming, we've introduced AI-powered job search and tools that simplify the experience. Members can now describe the kind of role they're looking for in their own words and get tailored suggestions instantly. We've also launched AI-powered coaching to offer real-time support (whether that's for interview prep, performance conversations, or career guidance) meeting professionals where they are with the help they need. We're also putting AI to work for our customers. Hiring Assistant helps recruiters save time on repetitive tasks so they can focus on strategic work like engaging talent and advising hiring managers. For marketers, tools like Accelerate and Revenue Attribution are making it easier to run high-impact campaigns with less complexity. Across everything we build, AI is acting as a co-pilot — helping people and businesses move forward with more clarity and confidence. Q: Which are the segments and industries seeing early signals of transformation through AI? While some sectors have been at the forefront of embracing AI by default, others are now catching up. Beyond Technology, Information & Media, sectors like Retail, Wholesale , Financial Services, and Professional Services are at the centre of this disruption. Titles like AI Engineer are now among the fastest growing jobs in India, and some of the top skills among AI Engineering talent are Machine Learning, Natural Language Processing (NLP), Large Language Models (LLM), etc. When we look at hiring in India, the ratio of AI talent hiring to overall hiring has grown 33% year-over-year in 2024, indicating that leaders are adopting AI swiftly and are investing in the rightly skilled talent to speed up this adoption. Q: How is SMB engagement faring on LinkedIn? India is emerging as a global hub for testing, scaling, and adopting innovative solutions, and SMBs are at the centre of this growth story. We're seeing that same momentum on LinkedIn. SMBs are now our fastest-growing customer segment in India: finding the right talent to power their growth, telling their brand stories to the right audiences, and converting leads into sales with precision targeting. This growth isn't limited to metros - SMB engagement on LinkedIn is growing twice as fast in Tier 2 and Tier 3 cities, especially in manufacturing, consulting, and IT services. It's a priority segment for our business and with India's potential, the possibilities for helping SMBs through our talent, marketing, and sales solutions are unmatched. Q: Over 60% of India's over 150 million members are under 35, with Gen Z driving engagement on career clarity tools and video-first content. Are you looking at newer ways to boost their engagement further? Gen Z professionals are intentional about where they spend their time. They want real value, community, and clarity. That's why we're evolving the LinkedIn experience into a space that helps them grow by helping them expand networks, build personal brands, and join professional conversations. Video is a key part of this shift. With a 36 percent year-over-year jump in consumption, and creation growing 2 times faster than other formats, it's clear that video is helping young professionals show up with authenticity and share what they know. For those seeking credible news, our LinkedIn News banner now brings timely, relevant updates from trusted sources directly into the feed. Learning is another priority. Nearly one-thirds (30%) of Gen Z professionals in India see learning something new as progress. We're fuelling that mindset by offering free access to top LinkedIn Learning courses — including Career Essentials for Generative AI — through 2025. Q: How have member numbers and subscriptions grown in India over the past year? India remains one of LinkedIn's most energising growth stories. With over 161 million members and more than 20% year-on-year membership growth, professionals here are thinking boldly about their careers and what's next. Most recognise that careers aren't linear paths, they're more like squiggly lines. This year, 60% of professionals in India are open to switching industries. Gen Z is leading this shift with curiosity, ambition, and a readiness to grow. It's inspiring to see so many people turning to LinkedIn for guidance, community, and clarity. We feel a responsibility to keep building for this momentum, helping every professional in India take the next step with confidence. Q: Which sectors are seeing the maximum opportunities for hiring in India as per your data? We're seeing strong hiring intent across core functions like IT, Business Development, Learning and Development, and Finance, with Indian leaders already gearing up for 2025. But the real story lies in how opportunity is expanding across sectors and skill levels. Industries like Utilities , Government Administration, Consumer Services, and Wholesale are opening up pathways for bachelor degree holders. For professionals with master's degrees, we're seeing rising demand in sectors such as Education, Real Estate, Accommodation and Food Services. What's especially exciting is how this growth is moving beyond metros India. Our Cities on the Rise list highlights how sectors like tech, healthcare, and financial services are fueling hiring in cities like Visakhapatnam, Vijayawada, Raipur, Jodhpur, and Nashik. The opportunity map in India is expanding, and it's bringing more diverse talent into the fold. Q: How many Indian members are looking for work and new opportunities and how do these numbers compare with other Asian markets? Have these numbers changed dramatically over the past year? At the start of this year, 82% of professionals in India said they planned to look for a new job, a slight dip from 88% in 2024, but the intent remains strong. What's changing is the intensity. Job applications per posting on LinkedIn have risen by 19%, and applications per applicant are up by 7%. Unlike markets like Australia, where application levels have stayed steady, professionals in India are moving with urgency. They're not just hopeful, they're proactive. They're upskilling, exploring new paths, and taking charge of their growth. It's a clear signal that career ambition in India is alive and accelerating, and we're proud to help people turn that ambition into action.
Time of India
an hour ago
- Time of India
India-China relations showing positive trend toward returning to cooperation, says Wang Yi
During the visit of Chinese Foreign Minister Wang Yi to India, India and China agreed to maintain the momentum of bilateral ties as the countries mark 75 years of their diplomatic ties. The talks between him and EAM Dr S Jaishankar featured several themes such as the changing world situation, challenges to free trade and how New Delhi and Beijing can act as major powers, set an example for developing countries, as reported by Xinhua news. As per Xinhua News, India and China on Monday agreed to maintain momentum of bilateral ties. The consensus came from talks held between Chinese Foreign Minister Wang Yi, who is visiting India and EAM Dr S Jaishankar. According to Xinhua, Wang Yi said that in today's world, the changing situation is evolving rapidly, unilateral bullying practices are rampant, and free trade and the international order face severe challenges. He said that as the two largest developing countries with a combined population of more than 2.8 billion, India and China should, "demonstrate a sense of global responsibility, act as major powers, set an example for developing countries in pursuit of strength through unity, and contribute to promoting world multipolarization and democratization of international relations". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Wang Yi highlighted that India and China had been implementing consensus reached by leaders of the two countries, gradually resuming exchanges and dialogue at all levels, maintaining peace and tranquility in border areas, and enabling Indian pilgrims to resume their pilgrimages to sacred mountains and lakes in Tibet autonomous region. "China-India relations are showing a positive trend toward returning to cooperation", Wang said as per Xinhua. Live Events Highlighting that 2025 marks the 75th anniversary of the establishment of diplomatic relations between India and China, lessons could be learned from the past, and the two countries should view each other as partners and opportunities rather than rivals or threats, and invest their valuable resources in development and revitalisation. Xinhua highlighted that Wang Yi said India and China should explore right ways for neighboring major countries to coexist with mutual respect and trust, pursue common development and achieve win-win cooperation, he said. "Wang emphasized that China is willing to uphold the principle of amity, sincerity, mutual benefit and inclusiveness, and work together with neighboring countries, including India, to jointly build a peaceful, secure, prosperous, beautiful and friendly home", Xinhua reported. Wang Yi highlighted that, "India and China should remain confident, move in the same direction, remove barriers, expand cooperation, and consolidate the improvement momentum of bilateral relations, so that revitalization processes of the two great eastern civilizations can be mutually beneficial, providing certainty and stability to Asia and the world at large", Xinhua said. The highlights of his remarks were also shared by the Chinese Ambassador to India, Xu Feihong in a post on X on Tuesday. The Chinese Foreign Minister arrived in India on Monday for a two-day visit. Earlier on Monday, External Affairs Minister Dr S Jaishankar said in his opening remarks that the talks would cover "economic and trade issues, pilgrimages, people-to-people contacts, river data sharing, border trade, connectivity and bilateral exchanges". During his opening remarks with Chinese Foreign Minister Wang Yi, EAM had underscored that as neighbouring nations and major economies in the world, there are various facets and dimensions of the India-China ties. During his remarks with the Chinese Foreign Minister in New Delhi on Monday, the EAM had noted that differences must not become disputes, nor competition conflict. He added that the visit of the Chinese leader to India provides the two countries with an opportunity to review the bilateral ties, and it is also an appropriate time to exchange views on the global situation and some issues of mutual interest.
