For decades, premium chocolate in India has largely meant imported Belgian and Swiss brands, but three-year-old homegrown player Manam Chocolate believes that is beginning to change. The Hyderabad-based company, which…
Category: Companies
Zepto’s IPO filing shows the challenge of cracking quick-commerce economics
Zepto’s updated draft red herring prospectus shows a quick-commerce business still working through a basic question: how to make speed cheaper. Its average delivery cost per order rose from ₹42.05…
India Inc turns to allowances as labour code squeezes salaries
India Inc. is using a wider menu of benefits and allowances to shield employees’ take-home salaries from the impact of the new labour code, even as companies hand out muted…
A year after India’s deadliest crash in decades, Air India is still fixing its flaws
For Air India, the crash of Flight AI171, a Dreamliner, in June 2025 was more than a tragedy—it was a moment of reckoning. The disaster, India’s deadliest aviation accident in…
Shareholder challenge to Thomson Reuters over ICE contracts wins only slim support
By Ross Kerber June 10 (Reuters) – A shareholder resolution calling on content and technology company Thomson Reuters to review the human rights implications of its work with U.S. immigration…
SpaceX Leaves Some Banks Peeved at Junior Roles in IPO Lineup
(Bloomberg) — Several junior banks marketing shares in SpaceX’s landmark listing are working for relatively small fees and being relegated to roles that don’t come with any credit, according to…
ULCCS arm U-Sphere enters Karnataka, plans ₹1,000-crore investment
U-Sphere, the construction arm of Kerala-based labour cooperative ULCCS, is entering Karnataka with plans to invest ₹1,000 crore over the next three years. The company, which is making its first…
Residency Hotels unveils ₹450-crore luxury convention hotel in Madurai
The 34-year-old The Residency Hotels, owned by Chennai-based Appasamy Group, a real estate developer, has launched The Residency Signature, a luxury hotel-cum-convention centre in Madurai, with an investment of about…
Zee Board of Directors approves capital raise worth ₹2,300 crore
Zee Entertainment Enterprises Ltd’s Board of Directors on Wednesday approved raising of capital worth ₹2,300 crore to fund strategic and business initiatives. The move is reminiscent of Zee’s last year…
Zepto’s marketplace pivot may hold key to profitability as it heads for IPO
As quick commerce company Zepto prepares for its proposed ₹8,010-crore initial public offering (IPO), one of the more significant disclosures in its updated draft red herring prospectus (UDRHP) is its…