Swiggy Plans To Launch Instamart App As A Separate App
In a strategy to attract customers, the Indian food platform plans to launch its separate grocery delivery app Instamart – Swiggy’s quick commerce offering – as a separate app. Instamart will remain on the Swiggy app, but the separate app will serve customers searching for grocery deliveries. This strategy was adopted by Chinese internet giants…
Vipin
4 Of Top 10 Firms’ Mcap Dropped By Rs 96,606 Crore
Among India’s top 10 most valued firms, the Mcap of 4 firms, namely Tata Consultancy Services, HDFC Bank, ICICI Bank, and SBI declined by Rs 96,605.66. Among these companies, HDFC witnessed the sharpest loss, with its valuation dropping by Rs 37,025.46 to Rs 13,37,919.84 crore. The value of ICICI dropped by Rs 29,324.55 crore, and…
Vikas
SEBI Rejects ZEE’s Punit Goenka’s Settlement Offer
The market regulator SEBI (Security and Exchange Board of India) rejected the settlement application of Zee Entertainment Enterprises CEO Punit Goenka. It released an adjudication order on Thursday, Jan 2, 2025, stating that a new SCN (Show-Cause Notice) will be issued. The regulator previously issued an SCN on July 6, 2022, to entities following allegations…
The Best Online Money Earning Apps to Boost Your Income
In today’s digital-first world, smartphones have become more than just communication tools—they’ve become a gateway for earning money. With a host of online money earning apps available, people can make extra income with minimal effort. But how do you navigate through the sea of options? Let’s explore some of the best apps to help you…
ABHYUDAYA MITTAL
Rikant Pitti Becomes The New CEO Of EaseMyTripÂ
The Indian multinational online travel company EaseMyTrip announced on Wednesday, January 1, 2025, that its Co-Founder and CEO, Nishant Pitti, has resigned due to personal reasons. Now, his brother and Co-Founder, Rikant Pitti, has taken charge as the company’s CEO. Rikant is currently EaseMyTrip’s Executive Director. In its disclosure, EaseMyTrip shared that Rikant Pitti’s current…
Shipra Prajapati
Adani Enterprises’ $2 Billion Deal For Fund Inflow
On Monday, Adani Enterprises Limited (AEL) announced that it would exit from the joint venture with Wilmar International Limited under a $2 billion deal, ending a 26-year joint venture. The fund inflow from this deal is expected to address the group’s liquidity requirements. Adani Enterprises stated, “AEL will use the proceeds from the sale to…
abhinav singh
The Government Plans To Infuse Rs 500 Crore In IFCIÂ
In the second half of Fiscal Year 2024, IFCI reported a Rs 22 crore loss, with the first half losses grossing Rs 170 crore. This significantly impacted the company’s growth and financial health. The Indian Government now plans to invest Rs 500 crore into the company to improve its financial health. This move might grow…
Wipro’s Bold Acquisition Of Applied Value Technologies
Azim Premji-owned Wipro announced on Monday, 16 December, that it will acquire 100% shareholdings of the IT consulting firm Applied Value Technologies (AVT). This will be a $40 million deal, underscoring another major acquisition this year. The IT major Wipro has been on an acquisition spree in 2024. Wipro acquired a 27% stake in SDVerse,…
ZEEL’s Punit Goenka Withdraws From MD Reappointment
ZEEL (Zee Entertainment Enterprises) CEO Punit Goenka withdrew his consent for re-appointment as MD; he stepped down as MD last week. ZEEL CEO shared in his letter, “I hereby tender my resignation from the office of MD of the company with immediate effect to entirely focus on my operational responsibilities. Accordingly, I withdraw my consent…
How To Use AI In Business? Strategies To Success
AI or artificial intelligence is greatly impacting the business landscape. Utilised in various software and applications, AI is changing business practices by providing access to valuable information and analysing data. According to recent research by Workday, around 77% of companies are using AI or exploring the use of AI in Business. For those companies wondering…
Yash Sharma