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Urban Company Eyes ₹3,000 Crore IPO by March 2025
An ambitious ₹3,000 crore initial public offering (IPO) is being prepared by Urban Company, a pioneer in the home services and beauty salon industry. The Prosus-backed company, which has revolutionized...
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Mahakumbh 2025 to fuel regional trade worth INR 2 lakh crores in Prayagraj
The spiritual and cultural celebration known as Mahakumbh 2025 began in Prayagraj with considerable solemnity. This highly respected event, which lasts for a whole month, is anticipated to draw 400...
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Accel-Backed Health-Tech Startup Breathe Well-being Cuts 90 Jobs Amid Global...
In a major reorganization, Delhi NCR-based health IT business Breathe Well-being recently let go of almost 90 workers. The layoffs have raised questions about the company’s financial stability and...
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DoT Presses Adani Group for Clarity on 5G Rollout Delays
An important obstacle has been encountered in the Adani Group’s planned entry into the telecom industry. The conglomerate has not yet launched services two years after purchasing 5G spectrum in the...
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Bengaluru Resident Uncovers Pricing Disparities on Zepto Between iPhone and...
A startling revelation by Bengaluru-based Instagram user Pooja Chhabda has brought attention to alleged pricing discrepancies on the popular quick-commerce platform, Zepto. According to Chhabda, prices...
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ShareChat to Lay Off 5% of Workforce After Annual Performance Review
Introduction In a move that highlights the challenges of scaling and sustaining profitability in India’s competitive social media landscape, ShareChat, the Google- and Temasek-backed social media...
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Nifty 50 Rebalancing: Jio Financial Services and Zomato Likely to Make the Cut
The semi-annual rebalancing of India’s benchmark Nifty 50 index, which serves as a gauge of the country’s equity market, is scheduled for March 2025. Jio Financial Services Ltd. and Zomato Ltd. are...
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Google CEO Sundar Pichai Joins $97 Mn Bid for London Cricket Team in The Hundred
By placing a proposal for a London-based cricket team in The Hundred, a modernized cricket league in England and Wales, a group of Silicon Valley CEOs is making headlines. This is a landmark decision...
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Pocket FM Lays Off 75 Employees in Second Round of Lay Offs
An important development is that 75 people will be laid off by Pocket FM, the quickly expanding audio series platform. This is the second wave of layoffs in as short a time as six months. Following...
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Zomato Faces Backlash Over “Veg Mode Enablement Fee”
In yet another controversy, Zomato, the popular food delivery platform, has sparked outrage among customers, particularly vegetarians, for charging a Rs 2 fee for its “Veg Mode” filter. The issue,...
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IndiGo Faces Backlash Over Allegations of Unprofessional Behavior During...
The biggest low-cost airline in India, IndiGo Airlines, is coming under increasing fire after a customer vented on social media over a five-hour flight delay. The incident, which happened on an...
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Zomato Apologises for Veg-Mode Fee, Removes Charge Within Hours
Zomato, India’s leading food delivery platform, found itself at the center of a controversy this week after introducing a Rs 2 charge for enabling a “veg-mode” filter. This decision, intended to cater...
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Weekly Startup Funding News: Indian startups raised $308 Mn this week; from...
The Indian startup ecosystem is thriving and exhibiting resilience and innovation as the flagship “Startup India” initiative approaches its tenth year. A notable recovery occurred between January 13...
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Weekly Business Updates: From Zomato’s Veg Mode Controversy to Nifty 50...
The biggest low-cost airline in India, IndiGo Airlines, is under investigation after a passenger’s widely shared grievance regarding a five-hour delay on a January 6 flight from Kolkata to Chennai. One...
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RBI Approves HSBC India’s Expansion with 20 New Branches Across Key Cities
By opening 20 new branches in well-known cities, HSBC India plans to greatly increase its presence in the nation. The Reserve Bank of India (RBI) has authorized this move, which highlights HSBC’s...
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PharmEasy Shake-Up: Co-Founders Dharmil Sheth, Dhaval Shah, Harsh Parekh, and...
The co-founders of API Holdings, the parent company of PharmEasy, Dharmil Sheth, Dhaval Shah, Harsh Parekh, and Hardik Dedhia, are expected to leave the company in an unexpected move. Given the...
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Dream11’s Harsh Jain Acquires Rs 138 Crore Luxury Apartment in South Mumbai
With an impressive real estate acquisition, Dream11’s dynamic CEO and co-founder, Harsh Anand Jain, has cemented his place in Mumbai’s elite circles. For more than Rs 138 crore, Jain recently purchased...
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Zomato Reports 57% YoY Decline in PAT to Rs 59 Crore in Q3 FY25
Strong revenue growth, wise investments, and difficulties with profitability across its many business lines are all factors in Zomato’s third-quarter results for FY25. Even though its sales climbed...
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Blinkit CEO Albinder Dhindsa on Quick Commerce Insights at WEF 2024
India’s quick commerce sector is expanding quickly and offers a plethora of chances for expansion and innovation. In a recent exclusive interview with CNBC-TV18 at the World Economic Forum in Davos,...
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India Bans Import of Refurbished Medical Devices
Recently, the Central Drugs Standard Control Organization (CDSCO) banned the importation of reconditioned or used medical equipment into India. Aiming to protect patient safety and encourage domestic...
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