Instamart’s New Strategy: Exclusive SKUs and Private Labels, Expects Cash Break-even Within 2 Quarters
Swiggy is betting on exclusive SKUs and private labels to differentiate Instamart, aiming for cash break-even within two quarters.
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Category: Companies & Business
News on major companies, retail and consumer brands.
RBI Governor Says ‘Someone Has to Pay’ as MDR Debate Returns on UPI
RBI Governor Sanjay Malhotra said 'someone has to pay' for UPI infrastructure, reviving the debate over MDR charges.
India Blocks 4,996 Telegram Channels and 7,393 URLs in Major Film Piracy Crackdown
India blocked 4,996 Telegram channels and 7,393 URLs used to pirate films and shows in a coordinated anti-piracy crackdown.
Government Approves ₹4,687 Crore Interest Subsidy to Boost Ethanol Projects
The government has approved ₹4,687 crore in interest subsidies to boost ethanol production and India's ethanol blending programme.
Samsung, SK Hynix Consider Equipment for China Factories as Backup Plan
Samsung and SK Hynix evaluate AMEC's Chinese chip equipment as a backup plan against tighter U.S. export controls.
RBI to Resume Urban Cooperative Bank Licensing After 22-Year Pause
RBI will resume licensing Urban Cooperative Banks after a 22-year pause, backed by revised governance and financial-soundness rules.
Japanese Yen Falls to 40-Year Low Against U.S. Dollar
The Japanese yen fell to its weakest level against the U.S. dollar in nearly 40 years, past ¥160 per dollar.
SC Proposes ‘No Insurance, No Fuel’ Rule to Tackle Uninsured Vehicles
The Supreme Court has proposed a 'No Insurance, No Fuel' rule and ANPR-based detection to curb India's roughly 56% share…
Paramount-Warner Bros. Discovery Merger Trial Set for March 2027
A U.S. court sets the Paramount-WBD merger trial for March 2027 amid shareholder litigation over the deal.
Hackers Steal $130M in Crypto From Offline Hardware Wallets
Hackers stole more than $130 million in crypto through a supply-chain attack on offline hardware wallets before they reached customers.