Mumbai: The board of Swiggy on Friday cleared the company’s plan to raise up to Rs 10,000 crore through a qualified institutional placement (QIP), the firm said in an exchange filing. The move follows rival Zepto’s $450 million (close to Rs 4,000 crore) funding which has stoked competition in the growing 10-minute delivery space as…
NEW DELHI: The Supreme Court’s ruling on the telecom AGR matter empowers the Union Cabinet to review the entire gamut of issues related to the recovery of thousands of crores of rupees from the beleaguered Vodafone Idea when it comes to demands of duplicate payments, double counting, interest, and penalty on interest. Estimates put the…
Amid efforts to bring the Gaza conflict to an end, PM Modi welcomed the release of all hostages after over two years of captivity. In a post on X, he said their freedom stands as a tribute to the courage of their families, the unwavering peace efforts of President Trump & the strong resolve of…
President Droupadi Murmu and West Bengal CM Mamata Banerjee (File photo) Amid a political storm over alleged “lapses” during President Droupadi Murmu’s visit to West Bengal, the Centre has asked the state government to submit a response by 5 pm on Sunday over suspected violations of protocol related to venue and route arrangements, sources told…
NEW DELHI: South Africa spinner Tabraiz Shamsi sent social media into a frenzy with a hilarious post that perfectly captured cricket’s knack for producing uncanny similarities. Sharing a clip from a local match, possibly played in India, Shamsi highlighted a young boy bowling with a distinctly slingy action, reminiscent of two of Sri Lanka’s most…
NEW DELHI: The Supreme Court on Friday refused to entertain a petition filed by Prashant Kishor’s Jan Suraaj Party challenging the 2025 Bihar assembly elections. A bench comprising CJI Surya Kant and Justice Joymalya Bagchi declined to issue any direction on the request to annul the election results and order fresh polls. “How many votes…
Naga Chaitanya and Sobhita Dhulipala, who married on December 4, 2024, had faced intense online backlash soon after their intimate ceremony. A section of the internet accused Sobhita of being responsible for Chaitanya’s 2021 separation from Samantha Ruth Prabhu, to whom he was married from 2017 to 2021. As Naga Chaitanya and Sobhita Dhulipala clock…
China will no longer claim benefits available to developing nations at the World Trade Organization, announced Chinese Premier Li Qiang. He is currently in the US to attend the United Nations General Assembly. WTO director general Ngozi Okonjo-Iweala welcomed the decision on X, calling it “a culmination of many years of hard work” and thanking…
MUMBAI: Markets regulator Sebi has approved the IPO of Pine Labs, a document on its website showed on Monday. The updated DRHP is not yet public. Draft papers filed by the fintech earlier this year had showed that it is seeking to raise up to Rs 2,600 crore through fresh issue of shares. In all,…
NEW DELHI: The Indian economy is expected to grow at 7% or higher during the current financial year and top the $4 trillion-mark, chief economic adviser V Anantha Nageswaran said on Friday.The growth estimates are higher than the 6.3-6.8% projected in the Economic Survey tabled in Parliament ahead of the Budget.“The first half of the…
