Record-Breaking Wedding Season Boosts India's Hotel Revenue
The wedding season in India has led to unprecedented hotel bookings, with properties fully booked and revenues soaring to new heights.
Hotel chains like Radisson and JW Marriott report record-breaking sales, driven by the high demand...
Zepto Cafe to Launch as Separate App
Zepto Cafe, a division of Zepto, will launch as a separate app next week, per co-founder Aadit Palicha.
Rapid scaling of Zepto Cafe: 100+ cafes monthly, 30K+ orders/day, ARR GMV of Rs 160 crore.
Expansion plans: 120+ cafes in major...
Google Urges FTC to Dissolve Microsoft's OpenAI Cloud Deal
Google has requested the FTC to dismantle Microsoft's exclusive cloud hosting deal with OpenAI.
This move follows a broader FTC investigation into Microsoft's business practices.
Competitors like Google and Amazon argue that the de...
Reliance Eyes $3B Loan to Refinance 2025 Debt
Reliance Industries, led by Mukesh Ambani, is negotiating a $3 billion loan with several banks to refinance $2.9 billion debt due in 2025.
The loan is expected to be syndicated in early 2025, marking Reliance's return to the offshore...
Flipkart Plans IPO and Shifts Base to India
Flipkart, valued at $36 billion, aims for an IPO by 2025-26 and will shift its domicile from Singapore to India.
This move follows successful listings by other consumer internet firms and aligns with Flipkart's long-term market stra...
Adani Family Net Worth Plummets by 20% Amid Stock Selloff
The Adani family's net worth fell by 20.1% to Rs 7.8 trillion due to a selloff in Adani group stocks.
This decline erased a significant portion of the gains made during the Adani stock rally earlier this year.
The combined mark...
IT Sector Recovery Fuels 6% Job Market Growth
White-collar hiring saw a 6% growth in September, driven by the IT sector.
The Naukri JobSpeak Index marked a 6% YoY growth , reaching 2,727 points.
The IT sector showed an 18% YoY growth in hiring, with non-traditional ...