On 7 November 2025, Swiggy's board approved plans to raise up to  ₹10,000 crore through a QIP, subject to shareholder and regulatory approval. (Reuters)
Posted in Business

Swiggy QIP likely next week to give Instamart firepower against Zepto, Blinkit| Business News

Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a…

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Posted in Economy

Need to ensure strong data confidentiality, effective use of shared info: Revenue Secy

Revenue Secretary Arvind Shrivastava on Tuesday said countries need to work towards ensuring strong data confidentiality systems and also make sure that information shared under…

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Posted in Economy

Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of FY26: Goldman Sachs

The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income…

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Posted in Economy

India’s October-November sugar output rises 43% on higher recovery rates

India’s sugar production in the first two months of the 2025/26 season, which began on October 1, rose 43% from a year earlier, driven by…

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While Apple tightly controls its App Store and proprietary iOS software, Google's Android is open-sourced. (HT)
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Apple to resist India order to preload Sanchar Saathi app on iPhone: Report| Business News

Apple Inc. does not plan to comply with the Government of India’s mandate to preload its iPhones with the state-owned Sanchar Saathi app and will…

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Posted in Economy

The deviance in risk-free yields in India: What is driving the wedge?

India’s long-term government bond yields have risen since June and remain elevated despite a troika of favourable factors—continued monetary easing, exceptionally low inflation and soft…

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Posted in Economy

China’s pricing power is undercutting India’s export dreams

India’s October 2025 export data presents a paradox. On the surface, electronics exports surged 19%, led by a robust $2.4 billion in smartphone shipments. Yet,…

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Posted in Economy

Digitalisation, new financial products call for timely global tax info exchange: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said with the growing digitalisation of the economy and emergence of new financial products, countries globally will have to…

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Wakefit is a mattress and home furnishings company in India. (Unsplash)
Posted in Business

Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore| Business News

Wakefit Innovations Ltd. has reduced the size and declared the price band for its IPO for a valuation of up to ₹6,000 crore. Wakefit is…

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Posted in Business

Netflix Makes Majority Cash Bid for Warner Discovery| Business News

Netflix has sweetened its offer for Warner Bros. Discovery in a second round of bids as it tries to outdo rival Paramount. Warner Bros. Studios…

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