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Now, FSSAI Issues Show-Cause Notices To BigBasket, Flipkart Over Misleading Claims

India, Oct. 16 -- The Food Safety and Standards Authority of India (FSSAI) has issued show-cause notices to quick commerce and ecommerce platforms BigBasket and Flipkart alongside manufacturer Gemini ... Read More


Shop Pay's India Debut, Zetwerk IPO Day 1 & More

India, Oct. 16 -- Shopify's India Checkout Bet Shopify is preparing to bring Shop Pay to India. Setting up a direct clash with domestic rivals like GoKwik and Razorpay, the Canada-based SaaS giant ai... Read More


Snabbit Spent Rs.16 To Earn Every Rupee In Operating Revenue In FY26

India, Oct. 16 -- Amid intense competition in the quick home services market, Snabbit incurred a net loss of Rs.167.8 Cr in the financial year ended March 31, 2026 (FY26) as against a loss of Rs.5.7 C... Read More


[Update] Zetwerk IPO Subscribed 31% On Day 2, QIB Portion At 37%

India, Oct. 16 -- Update | October 16, 2026 18:30 IST B2B manufacturing company Zetwerk's Rs.5,012.3 Cr IPO was subscribed 31% at the end of the second day of bidding today. Investors placed bids for... Read More


[Update] Tonbo Imaging IPO Oversubscribed Nearly 8X On Day 2

India, Oct. 16 -- Update | October 16, 18:24 IST Defence tech company Tonbo Imaging's Rs.852 Cr IPO was oversubscribed 7.78X at the end of the second day of bidding, with investors bidding for 6.63 C... Read More


Rising AI's Costs Put SaaS Companies Between A Rock And A Hard Place

India, Oct. 16 -- Recently, Zoho cofounder Sridhar Vembu raised concerns over the economics of building software in an AI-driven market. In a post on X, Vembu said server prices have risen 4-5X in a y... Read More


Urban Company Board Clears Plans To Raise Up To Rs.2,500 Cr

India, Oct. 16 -- Urban Company's board today approved a proposal to raise up to Rs.2,500 Cr, alongside approving its financial performance for the September quarter. The proposed funding could involv... Read More


Ethnic Wear Brand Libas Adds 9 New Stores In Offline Expansion Push

India, Oct. 16 -- Ethnic wear brand Libas is opening nine exclusive brand outlets (EBOs) across five Indian cities during Navratri, expanding its retail footprint during a key festive shopping period.... Read More


How LeadSquared's Chandra Sahal Is Turning Finance Into A Real-Time Decision Engine

India, Oct. 16 -- For a long time, the finance function in organisations has been a back-office job - close the books, stay compliant, keep enough cash in the bank to survive the quarter. The job rewa... Read More


Urban Company Q2 Loss Widens Over 3X YoY To Rs.182.5 Cr, Revenue Up 41%

India, Oct. 16 -- Consumer service brand Urban Company's net loss has widened 208% YoY to Rs.182.5 Cr in the Q2 FY27 from Rs.59.3 Cr loss incurred in the previous year quarter. Sequentially, the comp... Read More