Author: Gracy P

Bengaluru-based startup temporarily suspends its hyperlocal pickup-and-drop offering as it expands 10-minute food delivery service to 500+ cities Bengaluru, India — May 5, 2025: Swiggy, one of India’s leading on-demand delivery platforms, has quietly paused operations of its hyperlocal courier service, Swiggy Genie, in several key Indian cities, including Bengaluru, Delhi-NCR, Mumbai, and Pune. The…

Eternal Ltd, formerly known as Zomato, reported a robust jump in revenue but a steep fall in quarterly profits for the three-month period ending March 31, 2025, underscoring the cost of scaling its rapid-delivery business amid rising operational expenses. The food delivery giant posted a consolidated net profit of ₹39 crore in Q4 FY25, marking…

Bengaluru, India — April 29, 2025The highly anticipated initial public offering (IPO) of electric two-wheeler manufacturer Ather Energy got off to a subdued start on its opening day, with an overall subscription of just 17% by market close on Monday. While retail investors and employees showed strong interest, institutional participation remained largely absent. According to…

New Delhi, India — April 28, 2025 — In a strategic move to bolster India’s electronics manufacturing ecosystem, Dixon Technologies announced its entry into the electronics components manufacturing space. The company plans to first cater to its internal (captive) demand before scaling up to export markets, according to a PTI report. Meanwhile, Tata Electronics is…

In a significant development, Reliance Industries Limited (RIL) has announced the appointment of Anant Ambani, the youngest son of billionaire Mukesh Ambani, as a Whole-Time Director on its board. His five-year tenure will officially commence on May 1, 2025, the company confirmed in a stock exchange filing on Friday, April 25. A Strategic Move Towards…