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ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
Alibaba, BYD, Baidu are helping China military - Pentagon makes shocking claimsUS-China relations: Pentagon's update on Monday comes months after it briefly released -- then withdrew -- an earlier version of the list w...
Innocent Fresh plans expansion across 40-50 citiesThe company partners with rural women for preparation. Their products are available in retail and online. Future growth includes e-commerce...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
Two dead after fire at Amazon warehouse in Uttarakhand's HaldwaniA devastating fire engulfed an Amazon warehouse in Haldwani, Uttarakhand. Two employees tragically lost their lives in the blaze. Firefight...
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...
Ethical hacking can strengthen trust in online examinationsOnline exams face security threats. Ethical hacking offers a solution by finding vulnerabilities before malicious actors. India's digital g...
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Welspun One aims to lease 10 million sq ft over 3 yearsWelspun One is set to significantly expand its warehousing and industrial real estate operations. The company aims to lease over 10 million...
CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
Ecommerce players to join hands for the Digital Commerce CoalitionLeading ecommerce players, including Eternal, Meesho, Amazon, Swiggy, and Zepto, have launched the Digital Commerce Coalition. This industr...
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
Polish ecommerce major Allegro secures $275 million EIB loan for AI, research and developmentThe deal is the largest corporate R&D programme the EIB has backed in Poland and falls under the bank's TechEU initiative, which targets €2...
For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...