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Flipkart's Q-Comm Drive Dents Q2 Profit of Walmart International

India, Aug. 22 -- Expansion of quick commerce capabilities in India weighed on Walmart International's gross profit rate in the quarter ended July 2025 (Q2), said Walmart CFO John David Rainey. "In I... Read More


Flipkart's Q-Comm Expansion Weighs On Walmart Int'l's Q2 Gross Profit

India, Aug. 22 -- Expansion of quick commerce capabilities in India weighed on Walmart International's gross profit rate in the quarter ended July 2025 (Q2), said Walmart CFO John David Rainey. "In I... Read More


Bill Banning Real Money Games Gets President's Assent

India, Aug. 22 -- President Droupadi Murmu gave her assent to the 'Promotion and Regulation of Online Gaming Bill, 2025' today, effectively bringing an end to India's real money gaming industry. With... Read More


The Mamaearth Makeover, RMG Platforms Bleed & More

India, Aug. 22 -- The Mamaearth Makeover Last financial year (FY25) was brutal for Honasa Consumer. The Mamaearth parent tumbled into losses mid-year, watched its stock crater, witnessed leadership c... Read More


The Mamearth Makeover, RMG Platforms Bleed & More

India, Aug. 22 -- The Mamaearth Makeover Last financial year (FY25) was brutal for Honasa Consumer. The Mamaearth parent tumbled into losses mid-year, watched its stock crater, witnessed leadership c... Read More


Avanse Plans IPO Delay On US Visa Rules: Report

India, Aug. 22 -- Education loan-focused NBFC Avanse Financial Services is reportedly weighing a delay in its planned initial public offering (IPO) amid slowing loan demand due to stricter US visa rul... Read More


Avanse To Delay IPO Due To Strict US Visa Rules: Report

India, Aug. 22 -- Education loan-focused NBFC Avanse Financial Services is reportedly weighing a delay in its planned initial public offering (IPO) amid slowing loan demand due to stricter US visa rul... Read More


Ola Electric Gets Shareholders' Nod To Alter Use Of IPO Proceeds

India, Aug. 22 -- EV major Ola Electric has received the approval from its shareholders to alter the use of INR 5,500 Cr it raised from its IPO last year. The company said that it received 99.1% vote... Read More


[Update] Ola Joins Uber, Rapido In Relaunching Bike Taxis In Bengaluru

India, Aug. 22 -- Update | August 22, 17:25 Ola has joined its rivals Uber and Rapido in restarting bike taxi services in Bengaluru, though the latter two had resumed theirs yesterday. The resumptio... Read More


The Gaps In RBI's "Build It All, But Responsibly" Vision For AI In Fintech

India, Aug. 22 -- Like the computer revolution, which brought sweeping changes to the Indian banking industry, AI threatens to rewrite the rules of banking and finance. But the risk in AI-led transfor... Read More