Delhi govt releases draft rules for labour code on social security
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’s Q1 losses double to ₹1,197cr, revenue rises 54%
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 could offload Rapido stake over conflict concerns
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 Startup India to power local innovators
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
Trump’s tariffs won’t derail India’s growth story: Former US official
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
Will consider plug-in hybrid in India if tax structure favourable: Volvo Car India MD
Volvo Car India is open to introducing plug-in hybrid vehicles in the Indian market if the tax structure becomes more favorable, according to Jyoti Malhotra, Managing Director. The company recently launched the refreshed XC60, assembled in Bengaluru, and views the…
Read More