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BofA Downgrades Swiggy, Zomato Citing Rising Losses In Q-Com & Slow Growth In Food Biz

India, March 26 -- Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the... Read More


Zypp Electric Trims 10% Workforce Over 'Performance' Issues

India, March 26 -- IPO-bound electric mobility startup Zypp Electric has laid off nearly 10% of its workforce in the past three months due to "performance" issues. Zypp cofounder and CEO Akash Gupta ... Read More


Why Fintechs Are At War With Juspay

India, March 26 -- After PhonePe, Razorpay and Cashfree, Paytm has reportedly become the latest fintech platform to discontinue all integrations with payment orchestration platform Juspay. With this, ... Read More


Over 7 Lakh SIMs, 83K WhatsApp Accounts Blocked Till February: Govt

India, March 26 -- In its fight against digital frauds and cybercrimes, the Centre has blocked over 7.81 Lakh SIM cards and more than 2.08 Lakh IMEIs (International Mobile Equipment Identity) till Feb... Read More


Unicommerce Shares Surge 8% Intraday Amid Broader Market Rally

India, March 24 -- Shares of Unicommerce surged as much as 8% to INR 133.60 during the intraday trading on the BSE today. This comes three days after the ecommerce-focussed SaaS major said it has com... Read More


Norges Bank Buys Nazara Shares Worth INR 70 Cr

India, March 22 -- Norway's central bank Norges Bank has bought 7.19 Lakh shares of gaming major Nazara Technologies via bulk deals. As per NSE data, Norges Bank acquired the shares at INR 969.65 per... Read More


Vanguard Group Buys CarTrade Shares Worth INR 129 Cr

India, March 22 -- Global investment management firm Vanguard Group bought 7.13 Lakh shares of auto-classifieds platform CarTrade via bulk deals yesterday. As per NSE data, Vanguard acquired the shar... Read More


C-DOT Partners IIT-Delhi To Build GenAI-Powered Disaster Warning Bot

India, March 21 -- The Centre for Development of Telematics (C-DOT) has joined hands with IIT-Delhi to build a generative artificial intelligence (GenAI)-powered chatbot for disaster warning and emerg... Read More


Wellbeing Nutrition To Close FY25 With INR 140 Cr Revenue: Founder Avnish Chhabria

India, March 21 -- D2C nutraceutical brand Wellbeing Nutrition is on track to close the ongoing financial year 2024-25 (FY25) with a revenue of INR 140 Cr, its cofounder Avnish Chhabria said. This wo... Read More


Ola Electric Says Received Notices In 4 States Pertaining To Trade Certificate

India, March 21 -- Ola Electric said it has received notices in four states with regard to trade certificates for a few of its stores, and it is in the process of responding to them This comes amid r... Read More