In a strategic move to bolster its events and ticketing business, food delivery giant Swiggy has launched a new service called “Scenes” under its out-of-home vertical, Dineout. This feature enables users to book parties, events, and live music at Swiggy’s partner restaurants. “Scenes” is currently live in Delhi-NCR, Bengaluru, and Mumbai. In Delhi-NCR, users can
State-run ONGC is likely to come out with an initial public offering (IPO) for its green energy subsidiary ONGC Green Ltd in the next financial year 2025-26, according to the company’s Director (Exploration), Sushma Rawat. “That (IPO for ONGC Green) will not take too long but I think some homework needs to be done,” Rawat
Quick commerce unicorn, Zepto saw its FY24 consolidated revenues surge by 120% to Rs 4,454, up from Rs 2,024 crore in FY23, driven by increased customer demand and operational efficiencies. Despite the growth, net loss for the year slightly narrowed to Rs 1,249 crore, compared to Rs 1,272 crore in FY23. However, Zepto reduced its
Foreign portfolio investors have turned net sellers in the Indian G-Sec market this week, after being net buyers in the first week of December. According to market participants, the sell-off has resumed after the interest rate differential between India and US has narrowed from 300 basis points (bps) to 240 bps. Indian yields have been
The Securities and Exchange Board of India (Sebi) on Friday proposed reviewing the framework for algorithm trading to facilitate participation of retail investors with proper checks and balances. “The evolving nature of algo trading, particularly with the increasing demand for algo trading by retail investors, has necessitated a further review and refinement of the regulatory
Indices saw a sharp ‘V’ shaped recovery on Friday, after being down by almost 1.5% in the first hour of trade. Both the Sensex and Nifty recouped initial losses quickly and closed the day higher by over 1%. The Sensex initially fell by 1,207 points to 80,082.82 in the morning, in line with other Asian
Switzerland has decided to withdraw the Most Favoured Nation (MFN) status granted to India, a move that will have significant tax implications for Indian companies operating in the European nation. This decision comes after an adverse ruling from the Indian Supreme Court regarding a tax dispute involving Nestlé, the Swiss food giant headquartered in Vevey.
BOBCARD Ltd, a wholly owned subsidiary of Bank of Baroda, announces the launch of the TIARA Credit Card — a first-of-its-kind, women-centric credit card designed to support, empower, and celebrate women’s financial autonomy. This newly launched Premium BOBCARD on RuPay network is tailored specifically to cater to modern women’s needs. The TIARA Credit Card seamlessly
In a strategic move to bolster its events and ticketing business, food delivery giant Swiggy has launched a new service called “Scenes” under its out-of-home vertical, Dineout. This feature enables users to book parties, events, and live music at Swiggy’s partner restaurants. “Scenes” is currently live in Delhi-NCR, Bengaluru, and Mumbai. In Delhi-NCR, users can
State-run ONGC is likely to come out with an initial public offering (IPO) for its green energy subsidiary ONGC Green Ltd in the next financial year 2025-26, according to the company’s Director (Exploration), Sushma Rawat. “That (IPO for ONGC Green) will not take too long but I think some homework needs to be done,” Rawat
Quick commerce unicorn, Zepto saw its FY24 consolidated revenues surge by 120% to Rs 4,454, up from Rs 2,024 crore in FY23, driven by increased customer demand and operational efficiencies. Despite the growth, net loss for the year slightly narrowed to Rs 1,249 crore, compared to Rs 1,272 crore in FY23. However, Zepto reduced its
Foreign portfolio investors have turned net sellers in the Indian G-Sec market this week, after being net buyers in the first week of December. According to market participants, the sell-off has resumed after the interest rate differential between India and US has narrowed from 300 basis points (bps) to 240 bps. Indian yields have been
The Securities and Exchange Board of India (Sebi) on Friday proposed reviewing the framework for algorithm trading to facilitate participation of retail investors with proper checks and balances. “The evolving nature of algo trading, particularly with the increasing demand for algo trading by retail investors, has necessitated a further review and refinement of the regulatory
