Industry

In a collaboration that could transform the last-mile delivery, Bharti Airtel and Bajaj Finance have forged a partnership to create one of India’s largest digital platforms for financial services. Airtel’s 375 million customers can now access most of Bajaj Finance’s retail financial offerings using its 1.2-million-strong distribution network. Also ReadBlinkit’s losses widens to Rs 103

Voltas, Blue Star, Hindalco, Uno Minda and LG are among 24 companies that have been selected in the third round of inviting applications for the Production Linked Incentive (PLI) scheme for White Goods that covers parts of air conditioners and LED lights. Together these companies have committed an investment of Rs 3516 crore. After the

Deal cycles in India’s IT services sector are becoming shorter, even for large contracts – a trend analysts expect to continue in the coming quarters. This shift reflects rapid technological advancements and evolving client priorities, pushing companies to prioritise flexibility and agility over long-term commitments. HCLTech CEO and managing director C Vijayakumar noted during a

Heineken’s Indian unit, United Breweries, will resume beer supplies to Telangana, the company said on Monday, weeks after the firm halted supply over pricing and non-payment of dues by the state government. Telangana is India’s top beer-consuming state, where United Breweries, which makes the Kingfisher beer brand, has 70% of the market share. Also ReadBlinkit’s

Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The adjusted Ebitda excludes ESOP costs. Sequentially, the loss expanded drastically from Rs 8 crore in Q2FY25. The losses reflect Blinkit’s strategy of

Investing platform Zerodha now boasts over 1.6 crore users managing assets worth Rs 6 lakh crores, co-founder Nithin Kamath shared in a LinkedIn post. Interestingly, Zerodha’s remarkable growth stands out not just for its scale but for its unconventional approach — achieved without spending a single rupee on advertising. “India is a tough market to

Telecom major Vodafone Idea issued a clarification on media reports stating that the government is mulling a proposal to waive 50 per cent of interest and 100 per cent of penalties and interest on penalties that make up the Adjusted Gross Revenue (AGR) dues levied on Vodafone Idea and Bharti Airtel.  In a regulatory filing

Zomato on Monday recorded fiscal third quarter earnings with profit recording a significant drop of 57.25 per cent to Rs 59 crore, primarily due to the ongoing store expansion. The company had posted profit at Rs 138 crore recorded during the third quarter of previous financial year. Zomato said that its margins continued to face