Tag: Market Share

What separates them the most is the fact that Zomato has turned profitable while Swiggy still isn't, having faced recurring losses for the last three years.
Posted in Business

Swiggy IPO vs Zomato share: Which one do analysts recommend?

The highly-anticipated ₹11,327.43 crore initial public offering (IPO) of food delivery giant Swiggy will open on Wednesday, November 6, 2024. What separates them the most…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Blinkit: Blinkit now the largest player in major metros except Chennai, Hyderabad: Zomato CFO

Akshant Goyal, chief financial officer (CFO) of Zomato, said Blinkit has become the largest player in quick commerce across major metropolitan cities, except for Chennai…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Boat reports 5% revenue decline in FY24, net loss halves

Homegrown wearable and audio products brand Boat recorded a 5% decline in revenue for the fiscal year ending March 2024. However, the company significantly reduced…

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Ola Electric's shares fell 8%, down 43% since its August debut, amid fierce competition from Bajaj Auto and TVS Motor. The company launched a sale with significant discounts, while founder Bhavish Aggarwal clashed with comedian Kunal Kamra on social media regarding service quality.(Reuters)
Posted in Business

Worry for Bhavish Aggarwal? Ola Electric shares now down 43% from listing high

Oct 07, 2024 12:15 PM IST Ola Electric shares dropped 8%, marking three consecutive days of losses and a 43% decline since listing. Shares of…

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Imports of goods like umbrellas, musical items from China hurting Indian MSMEs: GTRI
Posted in Economy

Imports of goods like umbrellas, musical items from China hurting Indian MSMEs: GTRI

Increasing imports of goods such as umbrellas, toys, certain fabrics, and musical instruments are severely hurting MSMEs as many of these products are also made…

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Customers queue outside an Apple Inc. store ahead of its opening hours during the first day of sale of the iPhone 15 smartphone in Mumbai. (Bloomberg)
Posted in Business

Apple’s production and export growth is fastest of any company in India in last 50 years: Report

The value of Apple India’s operations surged to over ₹2 lakh crore in the financial year 2023-24, compared to ₹1.15 lakh crore during the year…

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Intel layoffs: Intel logo is seen near computer motherboard.(Reuters)
Posted in Business

Intel plans to cut thousands of jobs. Will layoffs take place in Bengaluru and Hyderabad as well?

Jul 31, 2024 12:22 PM IST Intel layoffs: The company has not officially announced the layoffs and may do so as early as this week,…

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A SpiceJet passenger Boeing 737-800 aircraft (Representational photo/Reuters)
Posted in Business

SpiceJet to raise ₹3000 crore in latest move to restore normalcy

India’s SpiceJet said on Tuesday it plans to raise 30 billion rupees (around $360 million) by selling securities, including shares, marking the troubled budget carrier’s…

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India's imports from Russia rise to USD 41.56 billion in April-Feb period
Posted in Economy

India’s imports from Russia rise to USD 41.56 billion in April-Feb period

India’s imports from Russia jumped about five times to USD 41.56 billion during the April-February period of this fiscal due to increasing inbound shipments of…

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