Startup News
Urban Company Achieves Landmark ₹240 Crore Profit in FY25 Amidst Robust 38% Revenue Growth
Urban Company hits profitability! The at-home services giant posted a landmark ₹240 crore profit in FY25, with revenue surging 38%. This major financial turnaround signals strong momentum for the IPO-bound company, showcasing the power of organized service delivery. #UrbanCompany #Profitability #IPO #Fintech #GrowthStory
Hindustan Zinc's ₹12,000 Crore Expansion Plan Met with Over 4% Stock Drop
Hindustan Zinc's shares plummeted over 4% today after its board approved a massive ₹12,000 crore investment to double zinc, lead, and silver capacity. Despite the ambitious growth plan, investors reacted cautiously to the significant capital outlay, signalling short-term concerns.
From Safety to Sizzle: Indians Increasingly Opt for Stocks, Mutual Funds Over FDs
Indians are ditching safe FDs for riskier, higher-growth investments! Low returns are pushing savers towards stocks and mutual funds, signaling a bold new era in personal finance. Discover why the nation's investment landscape is undergoing a significant transformation.
India Solidifies Position as Premier Destination in Evolving Global Electronic Supply Chain
India is becoming a global electronics powerhouse! Amidst shifting supply chains, a new report highlights India's ascent as a key manufacturing hub, driven by strong policies & investments from global giants. Discover how this shift is fueling jobs, growth, and innovation in India's booming tech sector. #MakeInIndia #ElectronicsManufacturing
Innovation, Energy & Tech: PM Modi's Focus in Talks with Cypriot Business Leaders
PM Modi met Cypriot CEOs, emphasizing immense potential for India-Cyprus collaboration in innovation, energy, and technology. He highlighted India's growth and startup ecosystem, inviting Cypriot investment. The focus on these key sectors aims to deepen bilateral ties and unlock new avenues for mutual prosperity.
India's Economy Demonstrates Resilience, Sustaining Growth Amid Global Headwinds
India's economy defies global uncertainties, achieving robust 7.4% GDP growth in Q4 FY25! Driven by services and construction, with inflation easing to 3.2%. A resilient performance with strong public investment and supportive RBI policies, painting a bright picture for India's economic future.
Indian Healthcare Giants Manipal and Fortis Eye Sahyadri Hospitals, Seek ₹5,000 Crore Funding
Indian healthcare heats up! Manipal and Fortis are seeking ₹5,000 crore to bid for Sahyadri Hospitals, Maharashtra's largest private chain. This intense competition for a key asset highlights the rapid consolidation and growth in India's booming healthcare sector. Who will win this crucial battle for market share?
Google's Proposed $32 Billion Wiz Acquisition Faces US Antitrust Scrutiny
Google's colossal $32 billion bid for cybersecurity firm Wiz is hitting a major roadblock: a US antitrust review. Regulators are scrutinizing if this mega-deal, Google's largest ever, would unfairly impact competition in the vital cloud security market. The outcome could reshape the tech landscape.
Databricks Intensifies Focus on India with $250 Million Investment for AI Innovation
Databricks is supercharging its India play with a $250M investment! This massive push will boost R&D, expand operations, and train 500,000 data & AI pros. Get ready for a huge surge in AI innovation from India, cementing its role as a global tech leader.
Fidelity Boosts Lenskart's Valuation to $6.1 Billion, Signaling Strong Pre-IPO Momentum
Fidelity has boosted Lenskart's valuation to a staggering $6.1 billion, a 21% jump! This significant mark-up signals strong investor confidence as the eyewear giant eyes a potential $1 billion IPO at a $10 billion valuation. Lenskart's financial performance is soaring, paving the way for a landmark public debut.
Uttar Pradesh Unveils Landmark GCC Policy: Aims to Become Global Office Hub, Generate Over 2 Lakh Jobs
Uttar Pradesh is set to become a global office powerhouse! The new GCC Policy offers massive incentives to attract multinational corporations, aiming to create 2 lakh+ jobs. Get ready for a monumental economic shift in UP, leveraging its talent and infrastructure to become a top destination for global capability centers.
Paytm Shares Tumble 10% After Finance Ministry Rejects UPI MDR Reintroduction
Paytm shares plunged 10% after the Finance Ministry dismissed speculation about reintroducing MDR on UPI transactions. Hopes for a new revenue stream were dashed, highlighting fintech's sensitivity to policy. Despite the setback, UPI continues its record growth, with the government committed to free services amidst sustainability questions.