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Swiggy to shift to inventory model starting Q3 FY27, eyes 80 bps Instamart margin boostThe transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented...- Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
- How Elon Musk’s $3.5 trillion Tesla–SpaceX merger could rewrite the rules of his business empire and shift who holds the powerIn an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appear...
- Adani group did not attempt Vizhinjam port stake sale without govt approval: V D SatheesanReplying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an ap...
- Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issueMotilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights i...
- Musk's mother of all mergers will birth a $3.5 trillion tech monsterElon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhan...
- US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...
- Shapoorji Pallonji Group wants Tata Sons to consider Rs 25,000 crore share buybackThe SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said....
- Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan ZincIndian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly,...
- Salesforce to acquire Braze in a $5.66 billion dealSalesforce has disclosed its intention to acquire Braze for approximately $5.66 billion in cash per share. Under the terms of the agreement...
- Online lender Kissht gets in-principle BSE, NSE approval for Rs 832 crore preferential issueKissht will issue up to 26.49 million equity shares at Rs 314.11 apiece to identified non-promoter investors. The stock exchanges granted t...
- IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...
- Tata Sons reviews AoA to meet Sebi listing normsTata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts o...
- Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...
- Iveco shareholders approve Tata Motors' takeover bid; acceptance threshold cut to 80 pcAt an extraordinary general meeting held in Amsterdam, Iveco shareholders approved all resolutions proposed by its board of directors in co...
- Tech Mahindra announces 1:1 bonus issue, Rs 15 interim dividend; check record dateTech Mahindra announced a 1:1 bonus share issue and Rs 15 interim dividend as it celebrated its 40th anniversary. The company expects bonus...
- CKK Retail Mart proposes a 5:1 bonus issue; increase in authorised capitalCKK Retail Mart has announced plans to issue bonus shares in a ratio of 5:1 for existing shareholders. The company intends to increase its ...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- 'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
- CCI nod to Tribhovandas Bhimji Zaveri, Cloudnine, and Farmart dealsThe Competition Commission of India has sanctioned three key transactions across various industries. Notably, GRT Jewellers' majority stake...
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