In what could mark the end of India’s first corporate class action suit, the Supreme Court has referred the dispute between minority shareholders and Jindal Poly Films Ltd to arbitration…
Category: Companies
Zepto leans on ads to offset lower commissions, keep product prices low
BENGALURU: Quick-commerce firm Zepto is increasingly relying on advertising revenue from consumer brands on its platform to offset lower merchant commissions and keep product prices competitive, in a sign retail…
SpiceJet funding crunch delays pilots salaries, messages show, as it seeks state-backed loan: Report
Indian airline SpiceJet has delayed salary payments to many of its pilots since March, internal messages seen by Reuters show, as the cash-strapped carrier said it is seeking an emergency…
Blenders Pride takes dining beyond the plate in multi-city sensory push
Indian consumers are increasingly spending on experiences that go beyond conventional dining, seeking multi-sensory, immersive formats where food, sound, scent, and visual design converge — a shift that is pushing…
Carmaker caution drags India’s engineering services companies
India’s largest engineering, research, and development (ER&D) companies hit a growth wall last fiscal year as car companies tightened their purse strings, hurting revenues and margins. Three of India’s four…
Acko said to file for $300-million IPO by Sept, eyes $2 billion valuation
Mumbai: Digital insurance company ACKO Technology & Services Pvt. Ltd. plans to file draft papers for an initial public offering of $300 million by September, said two people aware of…
Paytm to hire 4,000 employees by March 2027 despite fresh layoffs
Indian fintech pioneer Paytm is set to hire about 4,000 people over the next nine months, part of a pivot aimed at expanding its merchant network and artificial intelligence-driven product…
Govt’s 3% share sale in NLC India opens for subscription
The government’s offer for sale of up to 3 per cent stake in NLC India got off to a smooth start on Tuesday, with strong participation from non-retail investors. Non-retail…
Perplexity plans IPO in 2028, ‘agnostic’ of OpenAI, Anthropic’s listings, says CEO Aravind Srinivas: Report
Artificial intelligence (AI) player Perplexity is aiming to finalise its initial public offering in 2028 regardless of how rivals Anthropic and OpenAI fare with their own IPOs, CEO Aravind Srinivas…
Forget Coding! Meta will train you for free and guarantee you a job building its AI data centres
Meta Platforms has unveiled a $115 million workforce training initiative that will offer Americans free, five-week courses in skilled trades and a guaranteed job upon graduation, as the company races…