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Business News

Business news explained in plain language: market moves, policy decisions, company announcements and what they mean for founders, investors and professionals.

Shantanu Naidu with Ratan Tata

Discover Shantanu Naidu: The Young Innovator by Ratan Tata’s Side

When you think of Ratan Tata, one of India’s most iconic business magnates, the name Shantanu Naidu might not immediately come to mind but it should. Shantanu, an emerging leader in his own right, is the trusted assistant to Ratan Tata and a driving force behind many of Tata’s philanthropic efforts and business ventures. Here’s

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RIP The Titan & Legend, Padma Vibhushan Sir Ratan N Tata

RIP to The Titan & Legend, Padma Vibhushan Sir Ratan Tata

Veteran Industrialist Sir Rata Tata died at a Mumbai Hospital late Wednesday. The Chairman Emeritus of the Tata Group was 86. For the past few days, Mr. Tata has been admitted to the Breach Candy Hospital in South Mumbai. He was hospitalized on Monday (October 7, 2024) due to age-related issues and to control his blood pressure. Prime Minister Mr.

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Zerodha

Zerodha Posts 62% Profit Surge Despite Lean Tech Team, But Users Point to Frequent Glitches

Zerodha, India’s largest stock brokerage, continues to soar, reporting a 21% jump in revenue, reaching an impressive Rs 8,320 crore, along with a staggering 62% increase in profits This growth has been driven largely by the mass participation of retail investors in the stock market since the onset of the COVID-19 pandemic. However, what stands

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Vodafone Idea secure $3.6 Billion Network Deal with Samsung, Nokia, and Ericsson

In a strategic move to bolster its network infrastructure, Vodafone Idea has signed a $3.6 Billion deal with leading telecom equipment manufacturers: Samsung, Nokia, and Ericsson. The agreement marks a significant step forward for the company as it aims to enhance its 4G network coverage and prepares for the upcoming launch of 5G services across

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Indian Government Cracks Down on Online Gaming: New Regulatory Committee in the Works

In a bid to regulate the rapidly growing online gaming sector in India, a new Regulatory Committee in the Works. The Indian government is planning to establish an inter-departmental committee. The committee will bring together representatives from key government bodies, including the Enforcement Directorate (ED), Reserve Bank of India (RBI), and various tax and consumer

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ScanMyTrip

A Game-Changing Move in Indian Traveltech: EaseMyTrip Pioneers ONDC-Integrated Marketplace with ScanMyTrip.com

Indian travel tech EaseMyTrip has launched its new venture ScanMyTrip.com, ScanMyTrip.com allows OTAs (online travel agencies), MSMEs, travel agents, and homestay owners to list their travel-related services on the ONDC network, providing them access to a wider audience and digital marketplace. ScanMyTrip.com aims to revolutionize the Indian travel industry, The ONDC platform is part of

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Zomato Rival Swiggy to increase IPO size will now raise Rs 11,664 Crore

Swiggy, One of India’s leading food delivery platforms and a key rival to Zomato is set to increase the size of its upcoming Initial Public Offering (IPO). According to recent reports, Swiggy plans to raise Rs 11,664 Crore ($1.4 Billion) through this public offering, up from the earlier projected amount. This decision comes as the

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Zomato to launch a new startup

Flipkart Expands Its Quick Commerce Footprint with the Launch of ‘Flipkart Minutes’ in NCR Region

Flipkart has launched its Quick Commerce service Flipkart Minutes, for users in Gurugram and other parts of the NCR region. While Flipkart has not officially announced the service, a report by Entrackr reveals that it is now operational in various areas of Gurugram, including Unitech Cyber Park, Sector 39, Sector 40, The Millennium City Centre

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Anil Ambani's Reliance Infrastructure Eyes EV Market with New Plans

Anil Ambani’s Reliance Infrastructure Eyes EV Market with New Plans

Anil Ambani’s Reliance Infrastructure’s new venture is planning to enter the electric vehicle (EV) and battery manufacturing sectors. Reliance Infrastructure has hired Sanjay Gopalakrishnan, a former executive from BYD, to help lead the new venture. In a strategic shift towards electric mobility, Anil Ambani’s pivot to EV and battery production aligns with India’s growing push

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