HNGIL file case against Bira 91 for ₹11.19 cr for unpaid dues
B9 Beverages, the parent company of popular craft beer brand Bira 91, faces a looming threat of insolvency proceedings. Glass…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Flipkart launches EV marketplace for delivery partners
In a major move to lower the barriers to electric vehicle (EV) adoption for India’s gig economy, e-commerce giant Flipkart…
ED probe Zepto in Parimatch money-laundering case
The Enforcement Directorate (ED) has widened its net in the multi-crore money laundering investigation against Cyprus-based illegal betting platform Parimatch.…
Zepto hits $1B quarterly net order value milestone
Validating the explosive operational scaling of India’s ultra-fast delivery sector, quick-commerce pioneer Zepto is on track to cross nearly $1…
AirTrunk to invest $21B in India data centre
In what marks one of the single largest foreign direct investments in India’s digital infrastructure history, Australia-based hyperscale data centre…
Apple sold 1.1m MacBook Neo in just 3 weeks of launch
Proving that there is immense, untapped volume at the lower end of the premium laptop market, Apple’s all-new MacBook Neo…
Uber caps employee AI spending after blowing through budget in 4 months
In a striking example of the escalating costs of corporate AI adoption, Uber Technologies Inc. has officially implemented strict spending…
Cars24 to invest $20M In AI Startups
Expanding its ambitions well beyond its core automotive marketplace, SoftBank-backed Cars24 has officially launched a dedicated initiative called “AI Labs”…
Tata Sons trims Tata Digital valuation by 5.5% to $10.3bn
Reflecting a regular internal evaluation of its new-age internet bets, Tata Sons has lowered the valuation of its flagship e-commerce…
IndiGo market share cross 65% in April
Solidifying its near-monopolistic grip over the Indian skies, country’s largest low-cost carrier, IndiGo, saw its domestic market share rise to…