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Swiggy shares hit record low as wider Instamart losses fuel profitability concerns
Shares of Swiggy fell to a record low on Friday after the Instamart operator posted wider losses in its quick-commerce business, keeping the focus on…
Sensex 400+ points higher after 3 straight loss sessions; eMudhra among stocks in focus
Sensex and Nifty opened higher on Friday after three consecutive sessions of losses, although gains were expected to be short-lived amid surging oil prices in…
FinTech M&A: FinTech M&A outlook improves, but investors remain selective on valuations: Report
Valuations of fintech companies have come under pressure across several segments as investors reassess businesses, while global fintech deal activity is showing signs of renewed…
Knauf Group to invest additional €350 million in India, plans four new plants
German building materials company Knauf Group plans to invest an additional €350 million in India and establish four new plants, its Managing Partner Murat Akyildiz…
April 2025 script error left eMudhra keys exposed to AI: cofounder Kaushik Srinivasan
A technical fault, a script error during the wrap-unwrap process resulted in a weak key. The key was conformant to all the standards, but a…
MPC minutes: Two more interest rate hikes on cards, maybe even a third
MUMBAI: India’s repo rate could climb to as high as 6.25% amid stubborn motor-fuel prices, with a high probability of quarter-percent increases during each of…
Centre flags land, green tape hurdles in infra projects
New Delhi: The Centre, last month, red flagged to states how delays in land acquisition, green clearances, state permissions and utility shifting are seriously impacting…
RBI asks banks, payment firms to forensically clear tech environments in case of a data breach
MUMBAI: The Reserve Bank of India (RBI) has directed banks, payment system operators and other entities under its purview to treat their technology environments as…
Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expanding
Swiggy CEO Sriharsha Majety acknowledged quick commerce rival Blinkit’s edge in in building a more resilient business, saying Swiggy must first strengthen its own before…
Chana sowing holds key to pulses inflation
Pune: India’s winter chana, or chickpea, acreage could set the direction for inflation in pulses next year, as water shortages and the threat of strengthening…