Month: November 2025

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Posted in Economy

SEZs raise concerns at US’ countervailing duties, QCOs at meet with commerce secretary

New Delhi: Special Economic Zone (SEZ) units and developers raised concerns on countervailing duties imposed by the US and the need to review the applicability…

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Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%
Posted in Startups

Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%

Wealthtech major Groww’s operating revenue for the September quarter declined 9.5% year-on-year (YoY) to Rs 1,018 crore, but its net profit went up 12% to…

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Posted in Startups

ETtech Deals Digest: Startups raise $1 billion this week, nearly double on-year

Startups raised around $1.03 billion between November 15 and 21, nearly double the $566.2 million secured during the same period last year, driven primarily by…

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Zomato parent Eternal extends Hyperpure to food businesses big & small
Posted in Startups

Zomato parent Eternal extends Hyperpure to food businesses big & small

Hyperpure, the B2B grocery supply arm of Zomato’s parent Eternal, has expanded its services from hotels and restaurants to all types of food businesses. ET…

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India's new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent contractors. (HT)
Posted in Business

What Swiggy, Zomato and their ilk must do under India labour codes| Business News

The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig…

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The rise of conviction investing in India’s private markets
Posted in Startups

The rise of conviction investing in India’s private markets

India’s private capital ecosystem continues to evolve with confidence. Over the last few years, the private equity and venture capital landscape has shifted from momentum-led…

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Meesho generated  ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI Image)
Posted in Business

Meesho eyes $6-billion valuation in IPO set for early December launch| Business News

Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of…

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Meesho eyes $6 billion valuation with December 3 IPO; check price band
Posted in Startups

Meesho eyes $6 billion valuation with December 3 IPO; check price band

E-commerce platform Meesho Ltd., which plans to launch its initial public offering likely on December 3, is seeking a valuation of about 530 billion rupees…

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Swiggy expands 'food on train' service to 122 stations
Posted in Startups

Swiggy expands ‘food on train’ service to 122 stations

Food delivery platform Swiggy on Friday announced expansion of its ‘Food on Train‘ service to 122 stations across the country amid an encouraging response to…

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Posted in Economy

Forex reserves rise by USD 5.54 billion to USD 692.57 billion

India’s foreign exchange reserves recorded a strong rise for the week ended 14 November, increasing by USD 5.543 billion to reach USD 692.576 billion, the…

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