BENGALURU/MUMBAI: Startup Meesho’s two founders together turned billionaires on Wednesday as the stock jumped over 50% on listing on the bourses following its strong IPO that closed on Dec 5. The strong listing gains also brought in riches for all of Meesho’s early backers with their holdings now worth nearly $6 billion.In addition, the founders…
Uber is expanding into B2B logistics in India with Uber Direct, leveraging its bike fleet on the ONDC platform. This new service aims to generate revenue beyond rides and couriers by fulfilling grocery and food orders for partners like Zepto and KFC. Uber acts as a silent logistics provider, with customers unaware of their involvement….
Nestle India plans to sharpen its focus on leveraging technology to accelerate its business, invest in legacy brands, and drive volume-led expansion. Outlining the company’s priorities in his first interview since taking charge in Aug, Manish Tiwary, the CMD and the first external hire globally to step into the Swiss packaged food maker’s corner office…
The absence of a new deal has made the next edition of the ISL season uncertain and put a huge question mark over player contracts Panaji: The All India Football Federation (AIFF) has told clubs of the Indian Super League (ISL) that it is keen to join hands with them and organise the top tier…
MUMBAI: The Rs 25,000-crore rights offer for Adani Enterprises, the flagship of the Adani Group, closed with 108% subscription with the public portion subscribed 130%. The promoters of the company who hold 74% in the company had said that they would participate in the rights offer to subscribe to their full quota. The public portion…
NEW DELHI: This is turning out to be a year of mega FDI announcements. Overseas companies – ranging from tech giants to chip makers, auto companies, financial services entities and energy players – have so far in 2025 lined up investments of at least $135 billion into India.While some of the investments have already begun…
Supply Chain Automation, Robotics Won’t Lead To Fall In Employment: Sr V-P Madan NEW DELHI: Amazon may not have been the quickest of the block in rolling out 10-minute delivery in India, but it is taking the model to serve its customers in other parts of the world.“We have launched Amazon Now in UAE, Egypt…
NEW DELHI: The debate on the Special Intensive Revision (SIR) in the Lok Sabha turned heated on Wednesday as leader of opposition Rahul Gandhi challenged home minister Amit Shah to an open debate, prompting a firm response from the minister: “I will decide.”As Shah countered the opposition’s allegations of ‘vote chori’ and referred to Rahul…
Punjab Kings’ captain Shreyas Iyer with teammate Arshdeep Singh during the Indian Premier League (IPL) 2025 cricket match between Mumbai Indians and Punjab Kings, in Jaipur. (PTI Photo) You won’t often say this for Punjab Kings (PBKS), but going into the Indian Premier League (IPL) Auction 2026 ahead of the next season, they have one…
BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led advisory and business consulting capabilities to help clients reimagine sales, service, marketing, revenue, and commerce. With the acquisitions of ListEngage and now Coastal Cloud, TCS said…