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Staying away from Lenskart IPO, bullish on BFSI, platforms, and hospitals: Dinshaw IraniHelios Mutual Fund’s CEO Dinshaw Irani says the fund avoided the Lenskart IPO due to high valuations and limited growth visibility. Irani r...- Jack Ma returns with a vengeance to ‘Make Alibaba Great Again’Jack Ma, after a period away from the public eye, has returned to Alibaba, becoming actively involved in the company's strategic direction....
- Chinese food delivery company Meituan's profit slides as competition intensifiesMeituan has nearly 70% of China's delivery market but the company warned that the defence of its customer base will prove expensive in the ...
- Fast, faster, fastest: How 2024 put more speed into your shopping2024 marks a significant year for quick commerce in India, with major players like Swiggy, Flipkart, Myntra, Amazon, Tata, Nykaa, Zomato, a...
- Zepto founder on $5-bn valuation, IPO plans & how quick commerce is creating more jobs than Indian RailwaysZepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming lo...
- Swiggy IPO oversubscribed; CCI heat on food delivery firmsSwiggy’s initial public offering (IPO), India’s second-largest this year, was oversubscribed on the final day. This and more in today’s ETt...
- Shareholder nod for Swiggy’s $1.25 billion IPO; Koo halts salariesOnline food delivery major Swiggy has received shareholder approval to go public. This and more in today’s ETtech Top 5.
- In India, the biggest challenge is what not to invest in: Christopher Wood“I have always had the private sector banks in my Asian portfolio. This Indian portfolio was created more recently. But in my Asia ex-Japan...
- Tencent resumes growth, posts $21.9 billion revenue in December quarterTencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s large...
- Budget will have to find a balance between capital spending and borrowingThe big question facing policymakers is how to equitably distribute expenditure — given that Covid-19 has disproportionately affected the m...
- Apple under siege; PhonePe opens up its payments dataA day after South Korea's parliament approved a bill that forces Apple and Google to allow third-party payments on their app stores, an Ind...
- Nothing is a must-have in Indian internet consumer stocks: Adrian Lim“Over mid to long term, I see potential in banks, in software companies and in some of the consumer stocks --both internet consumer stocks ...
- The Hang Seng is up for an overhaul: Here's what's in storeThe result of the first review will be released after the market close in Hong Kong today.
- China delivery giant Meituan raises $10 billion to build a warchest for drones, self-driving carsThe robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...
- Swiggy joins quick grocery delivery race with InstaMartThe move has also come amid the entry of Reliance JioMart, a foray that is expected to give stiff competition to established players.
- TikTok tug-of-war ensnares app’s affable billionaire founderThe reclusive founder has expressed his frustration with U.S. authorities to ByteDance employees. In an all-hands memo recently, Zhang said...
- Coronavirus outbreak drives demand for China’s online grocersIt’s an unexpected windfall for grocery delivery services that have perennially struggled with the logistics of transporting perishables li...
- ET Awards 2019: The superlative C-suite decides winners of ET Awards for Corporate ExcellenceThe 2019 jury, as with every ET Awards jury, was a group of big achievers — put a group like this together and you’re guaranteed crackling ...
- Swiggy in talks with South Korean funds to raise up to $500 millionThe round is learnt to be led by Swiggy’s largest investor, South African internet giant Naspers. The exercise is expected to value the com...
- Attractiveness sells: China's startups want `Good-Looking' tech workersOn the country’s two largest job websites -- Liepin and Zhaopin -- thousands of ads for internet companies use language that suggests bias ...
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