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…
India’s trade map enters a world that’s threatened by missiles & bombs
“We do not do (trade) deals in a hurry and we do not do deals with deadlines or with a gun to our head.” When…
Motorola Edge 70 Pro is a practical and polished pitch for phones under ₹40,000
It goes without saying that the Motorola Edge 70, released late last year, is a mighty impressive smartphone. That ultra-slim design, the Pantone-optimised camera, and…
Snabbit raises $56 million in funding from Susquehanna, others; home cooks next on plans
Instant house help startup Snabbit has raised $56 million led by Susquehanna Venture Capital and Mirae Asset Venture Investments, which invested via its recently-launched Unicorn…
India’s heat wave creates new inflation risks after oil surge
India is facing inflation threats from heat waves and below normal rainfall this year, creating new economic pressures for policymakers already grappling with soaring energy…
Winds of change in Sun Pharma’s $11.75 billion Organon acquisition announcement
Sun Pharmaceutical Industries on Monday announced the $11.75 billion acquisition of Organon & Co., in a seemingly aggressive push into the US market that has…