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Economy
Walmart-owned Flipkart infuses $145 mn in agritech startup Ninjacart
Bengaluru: As e-grocery picks up momentum in India, Walmart-owned Flipkart on Monday announced to invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers across 150 villages to generate better revenues.…
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Grofers rebrands as Blinkit, assures 10 minute delivery
New Delhi: Online grocery delivery firm Grofers has rebranded as Blinkit to indicate its focus on the quick commerce or 10-minute grocery delivery space.
The rebranding comes months after the company launched an initiative to deliver…
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Indian equities gain during Monday’s early trade
New Delhi: The 30-scrip Sensitive Index (Sensex) rose during the early trade on Monday.
At 9.30 a.m. the S&P BSE Sensex traded at 59,151 points, up 0.6 per cent.
It opened at 58,696 points from the previous close of 58,786…
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82 unicorns, $39bn funding & counting: Indian startups come of age
New Delhi: As we celebrate the phenomenal rise of the Indian startups, especially in the last two years, a number of global macro-economic factors served as tailwinds to help achieve this feat.
The global pandemic resulted in a digital…
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IPO market braces for Omicron, US rate hike fallout
New Delhi: While the Paytm listing debacle dampened sentiment, the IPO market is now turning its worries to the Omicron variant and possible interest rate hikes by the US Federal Reserve.
Sandip Ginodia, CEO, Altius Investech, said there…
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RTI: Pandemic hurt banks too, with NPAs’ write-offs zooming
Pune: The ongoing Covid-19 pandemic since March 2020 has not only hurt the people, but has also hit the banking industry hard -- with NPAs write-offs shooting up significantly, as per an RTI reply.
The malady affected almost with equal…
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Hope to introduce drone delivery services soon: SpiceJet
New Delhi: SpiceJet hopes to introduce drone delivery services soon, said the company's Chairman and Managing Director Ajay Singh on Saturday.
Accordingly, the airline plans to introduce 'SpiceXpress' drone delivery service to…
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Speedbreaker: Semiconductor issues still hurting but supply constraints easing says Hyundai (IANS…
New Delhi: Slowly easing supply side constraints for semiconductors as well as stabilising commodity prices has charged-up Hyundai Motor India's outlook for 2022.
Besides, the automobile major expects healthy demand to sustain during the…
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Thinking of quitting my jobs: Elon Musk
San Francisco: Tesla and SpaceX CEO Elon Musk on Friday said that he is planning to quit his "jobs" and become a full-time influencer.
"Thinking of quitting my jobs and becoming an influencer full-time wdyt (what do you think)," Musk…
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India’s historic lows in clean energy prices sets to transform power sector: US report
New Delhi: Dramatic cost reductions over the last decade in battery storage, wind and solar energy position India to leapfrog to a more sustainable system for delivering affordable and reliable power to serve near a doubling in electricity…
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