Business News

Business

For the First Time Since Covid, Snacking Habits Show No Growth Amid Economic Pressures

Snacking habits in FY25 show no growth for the first time since Covid, attributed to economic pressures, high inflation, and a shift towards local brands. Analysts see this as a ma...

Business

Delhivery Achieves Historic First Full-Year Profit in FY25, Marking a Turnaround with Rs 162 Crore Net Profit

Delhivery marks a historic financial turnaround with its first full-year net profit of Rs 162 crore in FY25, driven by part-truckload business gains and operational efficiencies. T...

Business

Market Euphoria: Sensex Jumps 3,000 Points as Geopolitical Tensions Ease

The Sensex soared 3,000 points this week as geopolitical tensions eased, adding $300 billion to investor wealth. Global trade developments and domestic economic optimism further fu...

Business

Groww Expands Its Portfolio with a $150 Million Acquisition of Wealth-Tech Startup Fisdom

Groww, an IPO-bound investment platform, is set to acquire wealth-tech startup Fisdom in a $150 million deal, marking its entry into wealth management and offline advisory services...

Business

Hyundai Accelerates Indian Market Expansion with 26 New Models Amid Fierce Competition

Hyundai announces plans to launch 26 new cars in India, including 20 ICE models and 6 EVs, with a Rs 7,000 crore investment to regain market share and compete with local giants lik...

Business

Genesis Advertising and Puretech Digital Unite to Form Genesis Group, Expanding Digital and Traditional Marketing Services

Genesis Advertising and Puretech Digital have merged to form Genesis Group, combining traditional and digital marketing services. The merger aims to offer comprehensive solutions t...

Business

Tech Giants OpenAI, Nvidia, and Cisco Unite to Back UAE's Revolutionary Stargate AI Data Center

OpenAI, Nvidia, and Cisco are collaborating on the Stargate AI data center in the UAE, featuring a 1-gigawatt compute cluster and a 10-square-mile campus, marking a significant adv...

Business

Indian Rupee Dips 3 Paise to 85.57 Against USD as Equities Weaken and Trade Deficit Widens

The Indian rupee slightly weakened to 85.57 against the US dollar, affected by weak equities, rising crude prices, and a widening trade deficit, despite strong foreign investments ...