Swiggy Instamart Hits Contribution Break-Even Despite ₹778 Crore EBITDA Loss
Swiggy’s quick commerce business Instamart has reached contribution break-even, marking a major milestone in the company’s journey toward sustainable profitability…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Axis Bank and Kotak Mahindra Raise Charges for Overseas Card Transactions
Axis Bank and Kotak Mahindra Bank are increasing Dynamic Currency Conversion (DCC) charges on select overseas card transactions, making it…
Meta Q2 2026 Ad Revenue 27% to $59.4 Billion
Meta Platforms reported a strong second quarter for 2026, with advertising revenue rising 27% year-over-year to $59.4 billion, driven by…
Gillette India trims advertising spend by 24% to Rs 103 crore in Q1 FY27
Gillette India reduced its advertising and promotional spending by 24% year-on-year to ₹103 crore during the first quarter of FY2026-27…
Robot Vacuum Ban: FCC Blocks Foreign-Made Models
Key takeaways The FCC has blocked foreign-made connected robot vacuums from entering the US market. The move focuses on devices…
Devyani International Q1 Profit Jumps 4x, Shares Slip
Key takeaways Devyani International reported a profit about four times higher than a year earlier. Its shares still fell as…
LG tax relief: Why the ₹1,305 crore ruling matters
Key takeaways LG Electronics India has won reported tax relief worth ₹1,305 crore. The LG tax relief relates to a…
India Germany submarine deal may near ₹90,000 crore
Key takeaways India and Germany may soon sign a submarine project worth about ₹90,000 crore. The reported plan involves six…
Samsung OLED MacBooks: Apple May Pick One Screen Supplier
Key takeaways A report says Samsung Display may supply every OLED panel for Apple’s first OLED MacBooks. OLED screens can…
Ather pothole alert reaches Gen 2 and newer scooters
Key takeaways Ather has expanded its road-hazard warning tool to Gen 2 and newer scooters. The alert aims to warn…