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India is set to roll out Goods and Services Tax (GST) reforms later this month. While the new rates have made the middle class happy, food delivery through online aggregators â€" which has become ubiquitous â€" could get costlier as GST 2.0 becomes effective. India has got its new Vice-President. CP Radhakrishnan, the candidate proposed by the National Democratic Alliance (NDA), has won the elections and taken the oath. New Delhi is making efforts to extradite the fugitive diamantaire Mehul Ch ...Read More >
Bhubaneswar (Odisha) [India], September 3 (ANI): The Bhubaneswar Municipal Corporation, in collaboration with environment think tank International Forum for Environment, Sustainability & Technology (iFOREST), released the Integrated Heat and Cooling Action Plan (IHCAP) for the city on September 2. Developed by iFOREST in collaboration with the Singapore-ETH Centre (SEC), the plan provides a roadmap to address rising temperatures, humidity, the Urban Heat Island effect, and the growing demand fo ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi ...Read More >
Bengaluru (Karnataka) [India], August 28: Swiggy Limited, India leading on-demand convenience platform, is set to redefine dining experiences yet again with the return of its much-anticipated Great Indian Restaurant Festival (GIRF) 2025. Starting August 22, during the entire upcoming festive season of 2 months, food lovers across 50+ cities in India can enjoy up to 50 discount on dining at 20,000+ top restaurants across categories including cafes, pubs, bars, luxury dining, and family dining res ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi: These days, Rajesh, who used to be a bike-taxi rider with Rapido, no longer ferries passengers across Bengaluru. With the two-wheeler service being declared illegal, he like other Rapido riders, has switched to food-delivery, a play Rapido is testing with its newly launched Ownly service. "I do this at night while attending college in the morning," Rajesh adds. "I use the same bike -- it's convenient, and the extra cash helps cover my expenses." He is unsure if Rapido will be able t ...Read More >
New Delhi, August 14: WhatsApp is reportedly rolling out a new Writing help assistant feature for Android users, which is said to be powered by AI private processing. As per reports, the tool is currently available to a limited group of users. The feature is said to focus on providing assistance in a private and secure manner so that the user data remains protected. WhatsApp aims to make communication smoother while maintaining privacy and offering users a smarter way to draft and refine their m ...Read More >
Happy Thursday! International semiconductor companies are vying to cash in on the India opportunity. This and more in today's ETtech Morning Dispatch. Also in the letter: ■ Rapido dishes out Ownly ■ BlueStone IPO closes ■ Startup IPOs' returns Global semiconductor firms reeling from financial pressure are actively exploring strategic partnerships in India, drawn by the country's expanding digital economy and generous government subsidies. Driving the news: India's semiconductor push - ...Read More >
Bengaluru: Rapido, the company best known for its bike taxi and ride-hailing services, has now entered the food delivery business with a brand-new app called Ownly. The service has been launched in three Bengaluru neighbourhoods -- Koramangala, HSR Layout, and BTM Layout. The new app is being seen as a challenger to Swiggy and Zomato as it promises to deliver food at a price that's up to 15% cheaper than its competition. ...Read More >
New Delhi: Over 17,500 complaints of fake, duplicate, and counterfeit products sold on e-commerce platforms have been recorded since 2022, with the highest -- 7,221 cases -- reported in the first half of 2025, the union consumer affairs ministry told Parliament on Wednesday. Responding to a question raised by Lok Sabha lawmaker Murari Lal Meena, union minister of state for consumer affairs B.L. Verma said calls to the National Consumer Helpline (NCH) rose more than tenfold -- from 12,553 in Dec ...Read More >
BENGALURU, India, July 31, 2025 /PRNewswire/ -- Swiggy, India's leading on-demand convenience platform, today announced significant enhancements to its parental care policy with the introduction of 'Mom'entum 2.0 -- a comprehensive, multi-year program designed to support mothers at every stage of their motherhood journey. Girish Menon, Chief Human Resources Officer at Swiggy, said, "Inclusivity goes beyond increasing gender diversity -- it's about building a workplace where mothers feel support ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I' ...Read More >
Hyderabad: Following complaints regarding the sale of expired products on e-commerce platforms, the Task Force of the Food Safety wing of Greater Hyderabad Municipal Corporation (GHMC) on Thursday conducted raids at various warehouses across the city. The team identified irregularities, assessing hygiene, waste management, and regulatory compliance. Expiry dates, storage conditions, and labelling were thoroughly checked. On Thursday, Food Safety officers conducted surprise inspections on retail ...Read More >
Hyderabad: Several breaches were discovered in food safety raids conducted by the Greater Hyderabad Municipal Corporation (GHMC) at storage and distribution centres of Zepto, Amazon Fresh, Insta Mart, Blinkit, Big Basket' Swiggy, Zomato and others on Thursday, July 31. Violations included improper pest management, housefly infestation and handlers not wearing gloves or haircaps. Officials also observed that food and non-food items were kept together or arranged randomly, and that food handlers ...Read More >
AceVector, the parent company of Snapdeal, plans to launch an IPO. The company has submitted draft papers to Sebi. AceVector also operates Unicommerce and Stellar Brands. Unicommerce became a public company in 2024. AceVector has opted for confidential pre-filing. This allows flexibility in IPO plans. Several other companies have also chosen this route. The pre-filing route offers greater flexibility. AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft p ...Read More >
NEW DELHI: In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, which includes lowering the price cap on Russian crude oil and sanctioning Nayara Energy Ltd, an India-based refinery linked to Russian energy giant Rosneft. This marks the first time the EU has imposed sanctions involving India, a country that has heavily relied on discounted Russian crude since the start of the Russia-Ukraine war in 2022. Nayara Energy Ltd, fo ...Read More >
New Delhi, Jul 18 (PTI) The new Shein India app, selling fast fashion, has crossed 2 million app downloads within six months of re-launch and now has over 20,000 live options, according to the latest earnings report from Reliance Industries. Moreover, Reliance Retail also witnessed a "strong pick up" in its daily orders from its Quick-commerce platform, "with 68 per cent Q-o-Q growth and 175 per cent Y-o-Y growth". Also Read | PM Kisan Samman Nidhi Yojana 20th Installment Date: Eligible Farmer ...Read More >
New Delhi, Jul 18 (PTI) The new Shein India app, selling fast fashion, has crossed 2 million app downloads within six months of re-launch and now has over 20,000 live options, according to the latest earnings report from Reliance Industries. Moreover, Reliance Retail also witnessed a "strong pick up" in its daily orders from its Quick-commerce platform, "with 68 per cent Q-o-Q growth and 175 per cent Y-o-Y growth". Its operations were scaled to 4,290 pin codes serviced by 2,200-plus stores in ...Read More >
Bengaluru| Mumbai: In one of the largest warehousing lease transactions in India this year, Scootsy Logistics, owned by food and grocery delivery firm Swiggy, has leased 580,000 sq ft of space at One K Square Logistic Park in Bhiwandi, near Mumbai, said people with direct knowledge of the development. The deal stands out in a market witnessing strong momentum this year, and marks a key milestone for the logistics and quick-commerce firm as it expands its footprint into large-format warehousing. ...Read More >
Bengaluru, July 14 (UNI) In a disturbing incident of road rage, a Swiggy food delivery agent was violently assaulted by three unidentified men near Modi Hospital Junction, under the Basaveshwaranagar police limits, late yesterday night. The assault, which was caught on video and widely circulated online, has raised serious concerns over the safety of delivery personnel operating in India's IT capital. According to police, the delivery agent had stopped his two-wheeler at a red light when a veh ...Read More >
Amazon Now In Delhi: Amazon has launched its 10-minute delivery service, Amazon Now, in India's capital city, expanding its footprint in the fast-growing quick commerce market. The ultra-fast service, which first debuted in Bengaluru late last year, is now live in select pin codes in Delhi. Encouraged by strong initial traction, the company plans to scale the offering further in the coming months. "Amazon has always focused on offering customers a wide selection with convenient and fast deliver ...Read More >
New Delhi, Jul 2 (PTI) Industrial steam and gas supplier Steamhouse India has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise between Rs 500 crore and Rs 700 crore, industry sources familiar with the development said. In a public announcement on Wednesday, Surat-based Steamhouse India said it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges...in relation to the proposed initial public offering of ...Read More >
New Delhi: Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise Rs 2,000-2,500 crore, industry sources familiar with the development said. The company could be valued at around Rs 8,500 crore, they added.The IPO is a mix of fresh issue and an offer-for-sale (OFS) by existing shareholders. In a public announcement on Tuesday, Shadowfax Technologies said it has "pre-filed draft red herring p ...Read More >
New Delhi, Jul 1 (PTI) Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise Rs 2,000-2,500 crore, industry sources familiar with the development said. The company could be valued at around Rs 8,500 crore, they added. The IPO is a mix of fresh issue and an offer-for-sale (OFS) by existing shareholders. In a public announcement on Tuesday, Shadowfax Technologies said it has "pre-filed draft ...Read More >
Kolkata: The political slugfest following the alleged gang rape of a law student inside a south Kolkata college continued on Saturday as Trinamool took pains to distance itself from the "misogynistic remarks" of its own netas, emphasising the "quick action taken against the accused". The opposition, however, questioned security for women at workplaces and educational institutes and "promised to stay on the roads"."The remarks by MP Kalyan Banerjee and MLA Madan Mitra concerning the heinous crime ...Read More >
Bengaluru: Electric vehicles are powering the green transformation of India's ecommerce industry. Amid an overall surge in order volumes, companies like Flipkart, Amazon, BigBasket, Swiggy, and Eternal (formerly Zomato) are speeding up the transition to ecofriendly vehicles for last-mile delivery, especially quick commerce. This is helping cut costs while lowering emissions and reducing the climate footprint. Walmart-backed Flipkart is looking to make its entire logistics fleet electric. After ...Read More >
Walko Food Company, the parent firm of NIC Ice Creams, has acquired Mumbai-based Meemee's Ice Creams, marking its entry into India's growing artisanal dessert segment. The acquisition brings Meemee's experimental and youth-oriented products, such as Toasties, Ice Cream Cakes, Roley's, and Tubsters, under Walko's expanding portfolio. Known for its unconventional formats and urban appeal, Meemee's has cultivated a strong following among younger consumers. Walko, which also owns brands like Gramee ...Read More >
Mumbai, June 27, 2025 | 10:20 AM IST -- Shares of HDFC Bank Ltd traded at ₹2,007.00, down ₹14.80 (-0.73%) from the previous close of ₹2,021.80 during Thursday morning trade on the NSE. Despite a largely positive trend across the banking sector, HDFC Bank saw marginal profit booking after a steady run earlier in the week. The stock traded in a narrow band between ₹1,995 and ₹2,020 in the first hour of trading, with subdued volume action. Analysts attribute the dip to routine investor rotation in ...Read More >
India is also undergoing a content revolution. In the past five years, short-form video platforms have witnessed a 3.6X surge in daily active users, positioning themselves as serious competitors to mainstream digital entertainment platforms. India's online commerce sector is set to skyrocket from $30 billion in 2020 to $300 billion by 2030, contributing to what is now being dubbed a $1 trillion digital consumer opportunity, according to a new report by Bessemer Venture Partners titled Click, Wa ...Read More >
Lucknow: A 23-year-old man employed by the Swiggy food delivery service in Haryana was apprehended by UP police on Friday in Muzaffarnagar, where he was found with at least 10 illegal homemade pistols and numerous bullets concealed in a delivery bag. Sudhanshu Kumar, a man from Meerut, has been accused of providing illegal firearms in Delhi, UP, Haryana, and Punjab. He was caught in the Ramraj area after receiving a tip-off. Muzaffarnagar SSP Sanjay Kumar Verma stated that the suspect was on h ...Read More >
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