Month: April 2026
Chinese billionaire overhauls AI startup after warning on Manus
The fallout from Meta Platforms Inc.’s controversial acquisition of Manus is prompting one tech founder to erect strict walls between his Chinese and US businesses,…
Deepinder Goyal says AI chat interfaces won’t displace food delivery and quick commerce business
Eternal founder Deepinder Goyal dispelled fears that artificial intelligence (AI) chat interfaces could displace food delivery and quick commerce apps, while making the case that…
India–New Zealand FTA to double India’s engineering exports to $280–300 mn in five years
Kolkata: India’s engineering exports to New Zealand are poised to double over the next five years from USD 140.5 million to USD 280-300 million, following…
India industrial output hits 5-month low of 4.1% in March as power, manufacturing drag
India’s industrial output growth slowed to a five-month low of 4.1% in March 2026, weighed down by subdued manufacturing and a sharp moderation in power…
India-New Zealand FTA duty concessions under to help boost exports of single malt whisky: CIABC
New Delhi: Duty concessions on Indian liquor under the free trade agreement with New Zealand will boost exports of single malt whisky and enhance price…
Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder Goyal
Food and grocery delivery company Eternal, which operates platforms such as Zomato, Blinkit and District, has crossed $10 billion in annual net order value (NOV)…
Blinkit flags growth moderation as quick commerce firm’s profitability improves
India’s largest quick commerce platform Blinkit flagged a potential moderation in growth as the base expands, even as it improved profitability in the January-March quarter….
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%
Synopsis Eternal Q4 Results: Revenue from operations surged 196% YoY to Rs 17,292 crore. ETMarkets.com Eternal, which operates food delivery platform Zomato and quick commerce…
China supplies over 30% of India’s industrial goods; overdependence on single nation critical: GTRI
New Delhi: China accounts for around 16 per cent of India’s total imports, but its dominance is significantly higher in industrial goods, supplying as much…
Exporters highlight compliance costs, testing requirements, MSME issues in meeting with Piyush Goyal
New Delhi: Industry representatives have raised issues relating to compliance costs, testing requirements, and challenges faced by MSMEs in entering export markets, during a meeting…