Food delivery platform Swiggy has increased its platform fee to ₹17.58 per order, according to its app on Tuesday, following a similar hike by rival Zomato in recent days. Swiggy…
Category: Companies
West Asia crisis: Berger Paints to hike premium, mass segment prices up to 10%
MUMBAI: Berger Paints Ltd will raise prices of its mass premium and luxury products by up to 10% over the next three weeks, joining peers in passing on rising input…
Centre moves to curb bank fraud; calls high-level meeting with CBI, banks to discuss mule accounts, delays
NEW DELHI: The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to…
Rajasthan Royals sold for $1.63 billion: Who is Kal Somani, the man behind IPL’s biggest deal?
As the new season of the Indian Premier League () begins on 28 March, the Kal Somani-led consortium’s acquisition of the Rajasthan Royals (RR) franchise has now become the biggest…
JPMorgan appoints Rahul Badhwar as India senior country officer
MUMBAI: Wall Street bank has appointed Rahul Badhwar of HSBC as its senior country officer for India, according to an internal memo reviewed by Mint. The role had remained vacant…
Merger done, can Omnicom-IPG keep the agency model alive in India?
Mumbai: Tony Harradine, now chief executive officer (CEO) of Omnicom Media Asia Pacific, is often travelling to India from the company’s regional headquarters in Australia. India is just that crucial…
LeapFrog drops continuation vehicle plans, eyes listings, block deals, M&A for exits
Global private equity investor LeapFrog Investments, which has backed InsuranceDekho and Healthify, has shelved plans to explore continuation vehicles as an exit option and will instead focus on traditional routes…
How Ford is using AI to power its next-gen ambitions
Ford Motor is embedding artificial intelligence (AI) across engineering, software and enterprise systems as it accelerates its shift to a technology-led mobility company. At the centre of that effort is…
NCLAT refuses to stay Adani’s ₹14,543 crore JAL resolution plan, seeks lenders’ responses
NEW DELHI/MUMBAI: The National Company Law Appellate Tribunal (NCLAT) on Tuesday refused to stay implementation of billionaire Gautam Adani-led Adani Enterprises Ltd’s ₹14,543-crore resolution plan for bankrupt Jaiprakash Associates Ltd…
West Asia war stalls Titan’s $4 bn Gulf market bet, delays Damas expansion
The escalating West Asia conflict is starting to derail Indian jewellers’ overseas growth plans at a crucial juncture, with the country’s largest jeweller Titan Co Ltd pausing rollout of its…