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Swiggy's Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report
Swiggy's much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the "crorepati" club, with the food delivery and quick commerce major's listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers.
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'Collector Bro' Among 2 Kerala IAS Officers Suspended For Indiscipline
The Pinarayi Vijayan government in Kerala has suspended two officers of the Indian Administrative Service (IAS) on disciplinary grounds. K Gopalakrishnan, director of Industries and Commerce, faced the action over a religion-based WhatsApp group for
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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US Said to Have Ordered TSMC to Halt AI Chips Shipments to China
The US order, which is being reported for the first time, comes just weeks after TSMC notified the Commerce Department that one of its chips had been found in a Huawei AI processor, as Reuters reported last month.
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"Only Rs 55": Bengaluru Vendor Challenges Zepto, BlinkIt's Coconut Prices, Goes Viral
While commerce apps are charging a high price for coconut, the local vendors viral ad is gaining traction for a low price.
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'Our Price, Only...': Bengaluru Vendor's Challenge To Quick Commerce Giants Goes Viral
While the apps were selling the coconut between Rs 70 to 80, the vendor said he charged only Rs 55.
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"We Will Examine", Says Kerala Minister On IAS Officer's Controversial Group
A controversy over a WhatsApp group named 'Mallu Hindu Officers', allegedly administered by Kerala Industry and Commerce Department Director K. Gopalakrishnan, is in the spotlight.
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NDTV World Summit 2024: Quick Commerce To Be Not So Quick? Entrepreneur Sudhakar Adapa Explains
Sudhakar Adapa, founder and CEO of BIA Brands, explained the difference between e-commerce and quick commerce and how quick commerce will have to be 'not so quick to become sustainable.
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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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Distributors Seek Probe Against Blinkit, Swiggy, Zepto Over "Predatory Pricing"
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.
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H1B Visa "Thing Of Past": Union Minister Piyush Goyal After US Visit
Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now "a thing of the past" during a meeting at Vanijya Bhavan, New Delhi.
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Zepto Sells Over One Lakh Dandiya Sticks During Navratri
With Navratri festivities drawing to a close, quick commerce firm Zepto co-founder and CEO Aadit Palicha took to LinkedIn to inform that the platform sold over 1 Lakh dandiya sticks during the season.
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India, US Sign Pact to Cooperate on Critical Battery Mineral Supply Chains
Indian Trade Minister Piyush Goyal and US Commerce Secretary Gina Raimondo have signed an MoU for the supply of lithium, cobalt and other critical minerals used in electric vehicles and clean energy applications.
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No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
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Swiggy Files Draft Papers For IPO, Targets $10 Billion Valuation
Food delivery and quick commerce giant Swiggy is targeting a $10 billion or 83,365 crore valuation with a Rs 10,000-crore initial public offering (IPO). Out of this, the company seeks to raise Rs 3,750 crore from fresh issues.
-
Swiggy's Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report
Swiggy's much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the "crorepati" club, with the food delivery and quick commerce major's listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers.
-
'Collector Bro' Among 2 Kerala IAS Officers Suspended For Indiscipline
The Pinarayi Vijayan government in Kerala has suspended two officers of the Indian Administrative Service (IAS) on disciplinary grounds. K Gopalakrishnan, director of Industries and Commerce, faced the action over a religion-based WhatsApp group for
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
US Said to Have Ordered TSMC to Halt AI Chips Shipments to China
The US order, which is being reported for the first time, comes just weeks after TSMC notified the Commerce Department that one of its chips had been found in a Huawei AI processor, as Reuters reported last month.
-
"Only Rs 55": Bengaluru Vendor Challenges Zepto, BlinkIt's Coconut Prices, Goes Viral
While commerce apps are charging a high price for coconut, the local vendors viral ad is gaining traction for a low price.
-
'Our Price, Only...': Bengaluru Vendor's Challenge To Quick Commerce Giants Goes Viral
While the apps were selling the coconut between Rs 70 to 80, the vendor said he charged only Rs 55.
-
"We Will Examine", Says Kerala Minister On IAS Officer's Controversial Group
A controversy over a WhatsApp group named 'Mallu Hindu Officers', allegedly administered by Kerala Industry and Commerce Department Director K. Gopalakrishnan, is in the spotlight.
-
NDTV World Summit 2024: Quick Commerce To Be Not So Quick? Entrepreneur Sudhakar Adapa Explains
Sudhakar Adapa, founder and CEO of BIA Brands, explained the difference between e-commerce and quick commerce and how quick commerce will have to be 'not so quick to become sustainable.
-
Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
-
Distributors Seek Probe Against Blinkit, Swiggy, Zepto Over "Predatory Pricing"
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.
-
H1B Visa "Thing Of Past": Union Minister Piyush Goyal After US Visit
Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now "a thing of the past" during a meeting at Vanijya Bhavan, New Delhi.
-
Zepto Sells Over One Lakh Dandiya Sticks During Navratri
With Navratri festivities drawing to a close, quick commerce firm Zepto co-founder and CEO Aadit Palicha took to LinkedIn to inform that the platform sold over 1 Lakh dandiya sticks during the season.
-
India, US Sign Pact to Cooperate on Critical Battery Mineral Supply Chains
Indian Trade Minister Piyush Goyal and US Commerce Secretary Gina Raimondo have signed an MoU for the supply of lithium, cobalt and other critical minerals used in electric vehicles and clean energy applications.
-
No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
-
Swiggy Files Draft Papers For IPO, Targets $10 Billion Valuation
Food delivery and quick commerce giant Swiggy is targeting a $10 billion or 83,365 crore valuation with a Rs 10,000-crore initial public offering (IPO). Out of this, the company seeks to raise Rs 3,750 crore from fresh issues.
