Bullets

Xiaomi is giving you a peek at their super sleek electric car, the SU7, but with a twist... they might not be selling it here!  

This powerful ride boasts a range of up to 800km on a single charge and a price tag that undercuts Tesla.

So is this just a glimpse of the future, or is Xiaomi ready to conquer Indian roads?

Zomato's experiment with hyperlocal deliveries went from "Xtreme" to "extinct." Launched with much fanfare, the service has been shut down due to a lack of takers.

But fret not, foodies! Zomato is reviving its intercity food deliveries helping consumers satisfy those regional cravings from afar.  

So, what went wrong with regular stuff delivery?

Also Read: Zomato Enters the Movie Tickert Business

Hitching a ride to the stock market, travel platform Ixigo zoomed past expectations with its first quarterly earnings!

Profit soared over 50% and annual revenue jumped 31%, however growth slowed in the last quarter.

Were they cutting corners to win passengers, or is this just a bump in the runway?

Also Read: What does Ixigo's IPO Mean for the Airline Industry?

Foxconn Chairman Young Liu just received a prestigious Indian award, the Padma Bhushan, for boosting the country's economy.  

Liu plans to visit India this year and may announce the future outlook for iPhone makers.

But hold on, isn't Foxconn facing discrimination allegations back home?  

Let's see how his visit to India this year unfolds.

Infosys and LTIMindtree are jostling for the lead, while TCS and HCLTech, the usual winners, might stumble.

Is this a changing of the guard or a temporary blip?

The answer might be revealed on July 11th when TCS announces its results. Will the tech titans reignite growth? Stay tuned!

Policybazaar and Paisabazaar's party just got a whole lot more interesting! Big investment firms like Capital Group, T Rowe Price, Fidelity and Vanguard are all grabbing stakes in the fintech giant.

Founders are cashing out, early investors are saying goodbye... is this a sign of a buying frenzy or something more?  

One thing's for sure, Policybazaar's next chapter is about to be a blockbuster!

Is Vodafone clearing Vi's dues with pocket change? The UK telecom giant may be considering selling off its remaining stake in Indus Towers to its Indian rival, Bharti Airtel.  

This fire sale could infuse ₹2,000 crore into Vodafone Idea, but will it be enough to plug the massive debt hole?

Analysts are sniffing around a potential debt binge by Vi too. One thing's for sure, this Indian telco's drama is far from over.

Also Read: Could Vi Finally Join 5G Services as Jio & Airtel?

The plot thickens in the Adani-Hindenburg drama! The short-seller claims India's market watchdog SEBI is giving them a hard time about their bets on Adani stocks.

But here's the real cliffhanger: is it just Adani they're protecting, or is there another powerful Indian businessman (Kotak) hiding in the shadows?

Looks like someone's afraid of a little scrutiny!

Also Read: Why did RBI Bars Kotak Mahindra Bank?

Looks like Vodafone Idea (Vi) might be losing its grip on its 2G users. While their bigger competitors Jio and Airtel are keeping cheap plans affordable, Vi just went ahead and raised theirs.

With a whopping 40% of Vi's base on these 2G plans, will they be tempted to switch ships?

Is Vi about to lose a big chunk of its subscribers?

Also Read: Could Vi Finally Join Jio & Airtel as a 5G Service Provider?

Looks like Zomato might have to spice up their accounting. The delivery giant just got hit with a surprise tax bill of ₹9.5 crore.  

Food delivery giant received the notice from Karnataka's commercial taxes authority. Zomato plans to file an appeal against the notice.
 
Did someone forget to tip the taxman? Will Zomato’s fight for a lower tab be a recipe for success?

Also Read: Zomato Enter Online Ticket Booking Business

Craving victory? You weren't the only one! India's cricket win over South Africa on 29 June wasn't just historic, it was a goldmine for food and beverage companies.

Restaurants and quick commerce deliveries saw a massive surge in sales during the match, with some even breaking records!  

Did celebrating with friends and family lead to a spending spree, or was it something else entirely? 

Reliance Industries, the Mukesh Ambani-led giant, just waltzed into the ₹21 lakh crore market cap club, leaving all other Indian companies in the dust!  

This comes after Jio upped the prices of its prepaid and postpaid plans. This took RIL’s stock prices up by 2% making a new record high of ₹3,129.85.

But here's the real question: are these price hikes the fuel for a long journey up, or just a pit stop before the real climb begins?

Paytm, the digital payments giant, is giving regulated businesses the cold shoulder after scolding from regulators earlier this year.

Instead of vying for licences like NBFC or insurance, Paytm is turning into a super distributor, partnering with licensed lenders and chilling with its massive user base.  

Is this a strategic shift or a sign of things to come for the fintech world?

Also Read: Is Paytm Going to Lose its Payments Bank Licence?

India's about to become the hottest spot in emerging markets. Starting today (28 June 2024), the country joins an exclusive club, the J.P. Morgan GBI-EM index.

This VIP status could unlock a treasure trove of $25-30 billion (around ₹2.4 lakh crore), but here's the twist: the capital will trickle in slowly over 10 months.

The domestic bonds will hold 10% weightage in which 1% will be added every month from June onwards. The move makes India the 25th market to enter this index.

Tata’s big e-commerce plays, 1mg and BigBasket, are ditching equity funding for loans to fuel their growth.  

1mg got the board’s go ahead to raise funds for offline expansion whereas BigBasket plans to gain $80-100 million (about ₹830 crore).  

Is this a sign of tighter purse strings at Tata or a strategic shift? One thing's for sure, this debt-fueled expansion is sure to shake things up in the online grocery and pharmacy wars.

Also Read: Tata is Bringing an IPO Shower

Infosys CEO Salil Parekh just coughed up $30,000 (over ₹24.9 lakh) to settle insider trading charges.  

What’s interesting here is that Infosys seemed a bit tight-lipped about the reason for the payment but market regulator SEBI cleared the air.

Infosys isn't talking, leaving investors to wonder - is there more to this insider trading settlement than meets the eye?

SBI just raked in a cool ₹10,000 crore by issuing infrastructure bonds. Investors were lining up with bids FOUR TIMES the base issue size of ₹5,000 crore!  

This windfall is earmarked for infrastructure and affordable housing projects.

So, is this a sign of a booming infrastructure sector, or a hunger for higher returns in a shaky market?

Also Read: Is SBI A Safe or Risky Investment Choice?

A hacker named "kiberphant0m" claims to have snagged a whopping 278 GB of your data from BSNL, including super sensitive stuff like SIM card details.

With this intel, they could clone your phone, steal your money, and maybe even know where you live (yikes!).

This is the second security slip-up for BSNL in just six months. So the question is, is your data safe with BSNL? You decide!

A government probe cleared Byju’s of financial shenanigans, but... found some interesting holes in their corporate governance.

The Ministry of Corporate Affairs cleared the edtech firm of wrongdoings like syphoning of funds, manipulation of financials, etc. But found it guilty of bookkeeping.

The jury's still out, but one thing's for sure: Byju's needs a sharper pencil to get their books in order.

Also Read: The Fall of Edtech Giant "Byju's"

Flipkart was interested in buying significant stakes in Swiggy. Apparently, talks of a marriage (merger) were on the table, but a disagreement over the dowry (valuation) left them single.  

Prosus was also included as it was planning on divesting its stakes in the food giant. Intriguingly, Swiggy is now prepping for a public debut.  

Was Swiggy’s IPO plans a strategic shift or a consolation prize?