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Bengaluru: Amazon is preparing to scale down its 4-24 hour grocery delivery service, Amazon Fresh, in several major Indian cities as it sharpens focus on its quick commerce offering, AmazonNow, according to a UBS Global Research report.The transition is expected to play out across 10-15 large urban markets where AmazonNow is being expanded, effectively replacing Amazon Fresh in these locations, the report said.The move underscores Amazon's shift towards faster fulfillment models, as competition ...Read More >
KOLKATA : PromotEdge, a Kolkata-based integrated marketing and branding agency, has been in business for 11 years. This represents ten years of consistent development, increased global reach, and ongoing investments in creating a full-spectrum marketing ecosystem. Since its founding in 2015, PromotEdge has grown from a local creative firm to a full-service marketing partner that works with companies in India and other countries, such as the US, Canada, Australia, and the Middle East. With opera ...Read More >
Synopsis: In a strategic move to dominate the on-train ancillary services market, ixigo (Le Travenues Technology) has integrated Swiggy's food delivery network into its platforms, enabling restaurant-quality meal deliveries for rail passengers. Shares of a leading travel technology company came into focus after announcing a major integration with the food delivery giant, Swiggy. The news of this partnership, which aims to transform the dining experience for rail commuters, triggered an 8 percen ...Read More >
MUMBAI: Amid financial concerns flagged by Tata Trusts chairman Noel Tata regarding Tata Sons' new ventures, the businesses are now estimated to incur a combined loss of Rs 29,000 crore in FY26, sharply higher than an earlier projection of Rs 5,700 crore, according to internal estimates reviewed by TOI.Losses for the first nine months of FY26 have already reached Rs 21,700 crore, compared with Rs 16,550 crore for all of FY25, with Tata Digital, Air India, Tata Electronics, and Tejas Networks acc ...Read More >
Thiruvananthapuram: Free Uber rides, halwa and rice flour at Re 1 may sound like an advertisement to attract customers to a store, but are actually initiatives by the EC to encourage young electors to vote in the Assembly polls in the state on April 9, by turning the exercise into a celebration, rather than a tedious activity.The extensive measures to attract young voters to polling booths also include possible discounts by coffee houses like Starbucks and Cafe Coffee Day, positive messages by f ...Read More >
THIRUVANANTHAPURAM: Free Uber rides, halwa and rice flour at Re 1 may sound like promotional offers, but they are part of the Election Commission's (EC) efforts to encourage young voters to participate in Kerala's Assembly polls on 9 April. The aim is to make voting a celebration rather than a routine chore. To attract young electors to polling booths, the EC is also exploring discounts at coffee chains such as Starbucks and Cafe Coffee Day, positive messaging by food and grocery delivery servi ...Read More >
New Delhi, March 12 (UNI) The Indian stock market on Thursday extended its losses for the second consecutive session amid escalating geopolitical tensions. At the close, the Sensex was down 829.29 points, or 1.08 per cent, at 76,034.42, while the Nifty fell 227.70 points, or 0.95 per cent, to 23,639.15. The Nifty Midcap and Smallcap indices declined by 0.4 per cent and 0.7 per cent, respectively. The overall market capitalisation of BSE-listed firms dropped to nearly Rs 436 lakh crore from ar ...Read More >
Anthropic has formally opened its Bengaluru office, underscoring India's position as the second-largest market for its Claude.ai platform and announcing new partnerships across enterprise, education, and agriculture. The announcement comes on the heels of AI Impact Summit 2026, happening in New Delhi, India, between February 16-20, 2026. India is now home to one of the most technically intensive developer communities using Claude, with nearly half of usage in the country tied to computer and m ...Read More >
Bengaluru (Karnataka) [India], February 16 (ANI): Anthropic has officially opened its new office in Bengaluru. This location serves as the company's second base in the Asia-Pacific region. The move follows the announcement that India is now the second-largest market for the AI assistant, Claude.ai. The office will be led by Irina Ghose, the Managing Director of India. The company stated that India is "home to a developer community doing some of the most technically intense AI work we see anywhe ...Read More >
At a valuation of ₹3.2 lakh crore, Deepinder Goyal of Eternal (formerly Zomato Ltd) has topped the list of self-made entrepreneur in the IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025. Eternal's valuation has gone up by 27% from last year's report. Radhakishan Damani of Avenue Supermarts (DMart), last year's No. 1, has slipped to second place with a valuation of ₹3 lakh crore, down 13% from last year. Estranged co-founders Rahul Bhatia and Rakesh Ga ...Read More >
Gurgaon/Mumbai : Paisabazaar, India's largest consumer credit marketplace and free credit score platform, and YES BANK, India's sixth largest private sector bank, have announced the launch of the upgraded YES BANK Paisabazaar PaisaSave Credit Card. This co-created credit card now offers one of the highest dining and travel cashback benefits in its category. With a powerful 6% cashback on dining and travel spends, the revamped PaisaSave Credit Card delivers strong value with no joining fee, maki ...Read More >
Grocery delivery firm Zepto Ltd. is gearing up for a significant move. The company plans to file for an initial public offering of approximately $500 million in Mumbai as early as next week. This move comes as competition intensifies in India's fast-growing quick-commerce market. Zepto is working with several major financial institutions to submit its draft prospectus. Grocery delivery firm Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early a ...Read More >
He's already identified 12 potential menu items. ShowQuick Read Summary is AI-generated, newsroom-reviewed * A Bengaluru man quit his Rs 25 LPA job to work as a food delivery partner. * He aims to start a cloud kitchen by understanding local customer preferences firsthand. * Family and friends expressed concern and mocked him for this unconventional choice. Did our AI summary help? Let us know. Switch To Beeps Mode A Bengaluru man has gone viral for quitting his Rs 25 LPA corporate job ...Read More >
Raghav Chadha of AAP demands an end to 10-minute delivery services, highlighting the harsh working conditions, safety risks, and pressures on gig workers. He criticizes the dehumanization of delivery personnel and calls for better protection and rights for these 'invisible wheels' of the economy. Aam Aadmi Party leader Raghav Chadha has called for the termination of the increasingly popular 10-minute delivery services, which he describes as a form of 'cruelty' towards gig workers. Chadha addres ...Read More >
Maruti Suzuki Q2 Results: The company's revenue from operations grew 13% YoY to Rs 42,344.20 crore, up from Rs 37,449.20 crore in the corresponding period of the previous financial year. Automaker Maruti Suzuki India on Friday announced its results for the July-September quarter of FY26, reporting a 7.9% year-on-year (YoY) rise in consolidated net profit to Rs 3,349 crore, compared with Rs 3,102.5 crore in the same quarter last year. The company's revenue from operations grew 13% YoY to Rs 42, ...Read More >
New Delhi, Oct 30 (PTI) Food delivery and quick commerce firm Swiggy, which owns Instamart, on Thursday said its Board will meet on November 7 to consider and approve a proposal to raise Rs 10,000 crore through a qualified institutional placement. Swiggy said the external environment is competitive and dynamic, and hence the company's board will consider raising additional funds. "With the current cash balance to be further bolstered by the Rs 2,400 crore Rapido divestment, we feel comfortable ...Read More >
More than 300 companies are set to announce their results for the second quarter of FY 2025-26 next week. The financial metrics will provide critical insights into the company's performance in the July-September quarter. The upcoming Q2FY26 results will also help to predict their future trajectory. As the companies span across major sectors, the results will also help investors and analysts gauge the broader trends in various industries. Prominent companies scheduled to announce results include ...Read More >
The video soon went viral. A man in Hyderabad turned Diwali into a celebration for the city's delivery personnel. Gundeti Mahendhar Reddy, a digital creator, ordered boxes of sweets from platforms such as Swiggy, Blinkit, BigBasket, and Zepto. In a video shared on Instagram, Reddy is seen handing the sweets back to the delivery partners when they arrive with his orders. He also wished them a "Happy Diwali." A text overlay on the video read, "We ordered sweets for Diwali from Swiggy, Blinkit, ...Read More >
MUMBAI: The trading for Samvat year 2081 that ended on Monday was marked by high volatility with geopolitical issues and rate cuts across the world taking centre stage. As uncertainty increased, across the world, investors eyed haven assets like gold and silver, and drove their prices to all-time peaks. Since last Diwali, the start of the Samvat year 2081, both the precious metals have gained nearly 60%.On the domestic front, all though the sensex and Nifty went up only marginally, Dalal Street ...Read More >
Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Industry executives said the deman ...Read More >
Rapido began as a bike-taxi service and has steadily evolved into a comprehensive mobility app. ShowQuick Read Summary is AI-generated, newsroom-reviewed Rapido, known for bike taxis, is expanding into travel bookings, adding hotels, flights, buses, and trains via partnerships with Goibibo, redBus, and ConfirmTkt. The app aims to offer seamless travel for its 50 million users across India Did our AI summary help? Let us know. Switch To Beeps Mode Rapido, India's popular ride-hailing platf ...Read More >
Anshoo Sharma, CEO & cofounder of Magicpin, India's third-largest food delivery platform, told PTI the platform is gearing up for even higher volumes as Diwali approaches. According to Bhakoo, choco lava cakes topped dessert orders across metros, while Kolkata's long-standing love for biryani remained intact. As India revels in the spirit of the festive season, food delivery platforms Swiggy and Magicpin have reported a massive surge in orders, highlighting how culinary cravings are now central ...Read More >
Labour Ministry on Tuesday signed a Memorandum of Understanding (MoU) with food aggregator Zomato to enhance access to flexible and technology-enabled livelihood opportunities through the National Career Service (NCS) platform. This initiative is expected to create nearly 2.5 lakh Job opportunities annually. "It would integrate platform economy roles into the formal employment system, connecting youth and women jobseekers to dignified, technology-enabled livelihoods," said Labour Minister Mansu ...Read More >
Zomato founder Deepinder Goyal took to X to address what he said was a long-standing concern about the platform's impact on healthy eating. He announced the launch of a feature called Healthy Mode on Zomato, to help users make smarter food choices. Taking to X, Goyal posted, "For years, there's been something about Zomato that made me uneasy. We made eating out and ordering in easier than ever, but we never really helped people truly eat better." While users could find options such as salads o ...Read More >
Union Minister Hardeep Singh Puri expressed disappointment over low investor valuations of state-owned oil companies, despite their Rs 2.5 lakh crore profit over six years. While partial stake sales may be considered, full divestment is not planned, and BPCL is off the block. Puri highlighted autonomy, consistent dividends, and clarified concerns on refining margins, LPG under-recoveries, and ethanol blending. Citing the low valuation given to state-owned oil marketers, Union Minister for Petro ...Read More >
Bengaluru (Karnataka) [India], September 26: Swiggy (Swiggy Ltd) (NSE: SWIGGY) (BSE: 544285), India's leading on-demand convenience platform, today announced the rollout of a host of new features for its Food on Train service. On the sidelines of the festive season, Swiggy has launched smarter, more personalized menu choices, bringing an exciting new culinary experience to millions of train travelers across India. They can choose from a range of 'City Best' dishes, a curated list of iconic eater ...Read More >
BENGALURU, India, Sept. 26, 2025 /PRNewswire/ -- Swiggy (Swiggy Ltd) (NSE: SWIGGY) (BSE: 544285), India's leading on-demand convenience platform, today announced the rollout of a host of new features for its Food on Train service. On the sidelines of the festive season, Swiggy has launched smarter, more personalized menu choices, bringing an exciting new culinary experience to millions of train travelers across India. They can choose from a range of 'City Best' dishes, a curated list of iconic e ...Read More >
PRNewswire Bengaluru (Karnataka) [India], September 26: Swiggy (Swiggy Ltd) (NSE: SWIGGY) (BSE: 544285), India's leading on-demand convenience platform, today announced the rollout of a host of new features for its Food on Train service. On the sidelines of the festive season, Swiggy has launched smarter, more personalized menu choices, bringing an exciting new culinary experience to millions of train travelers across India. They can choose from a range of 'City Best' dishes, a curated list of ...Read More >
New Delhi, Sep 24 (PTI) Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges". How ...Read More >
Chennai: Databricks, the Data and AI company, today announced the appointment of Kamalkanth Tummala as the new Country Manager for India. This appointment follows Databricks' US$250 million investment in India to support training and enablement, research and development (R&D), and go-to-market resources, as well as the company's recent Series K investment at a >$100 billion valuation. With more than 20 years of enterprise tech and leadership experience, Kamal is now responsible for scaling Data ...Read More >
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