Vedanta aims to reduce its cost of financing by at least 1 percentage point during the current fiscal year, bringing it down to around 8.5%, according to CFO Ajay Goel. The cost has already dropped from 9.6% in March to…
Read More
The draft rules also propose the formation of a social security fund and the formalisation of compensation for workers in cases of accidents and maternity benefits.
Read More
Swiggy reported a doubled net loss of ₹1,197 crore for the April-June quarter, with a cash burn of ₹1,053 crore amid intense quick commerce competition. Despite a 54% increase in operating revenue to ₹4,961 crore, Instamart’s losses persisted. Swiggy plans…
Read More
Swiggy said it was “actively re-evaluating” its investment in urban mobility startup Rapido. The company further highlighted that Rapido’s entry into food delivery could present a potential conflict of interest.
Read More
Samsung partners with Startup India to empower young innovators, especially in smaller cities. The ‘Solve for Tomorrow’ initiative will collaborate with Startup India’s ecosystem. This partnership aims to identify and nurture talent by providing infrastructure and expert guidance. It will…
Read More
India’s economy is on a strong growth path, and the recent 25 per cent tariff announcement by US President Donald Trump should be seen as a short-term challenge rather than a roadblock, Raymond Vickery, Senior Associate at the Centre for…
Read More