Business updates

Business updates

Zepto gets $450-million funding in run-up to a likely IPO next year

Zepto's $450-million funding round, seen as the final one before an IPO, pegs its valuation at $7 billion versus Swiggy's $11 billion and Eternal's $34 billion.>

India’s growth story under PM Modi rests on three strong pillars: Piyush Goyal

Piyush Goyal highlighted the shared agricultural strengths of India and Brazil, the two leading agri-producing nations that contribute to global food security>

Swiggy Instamart to deliver 1 gm gold to 1 kg silver on Dhanteras

Swiggy Instamart has tied up with the likes of Kalyan Jewellers, Malabar Gold and Tanishq to fulfil gold and silver orders on Dhanteras day.>

Infosys narrows annual revenue guidance after 5.2% decline in Q2, profit up 6.4%

Infosys Q2 Results FY26: Revenue fell 5.2% QoQ to ₹44,490 crore even as net profit rose 6.4% QoQ to ₹7,364 crore.>

Wipro Q2 Results: Guidance raised for FY26 despite 2.5% decline in Q2 revenue, profit

Wipro Q2 Results FY26: Consolidated revenue fell 2.5% QoQ to ₹22,697 crore, net profit decreased 2.5% QoQ to ₹3,246 crore.>

LG India IPO didn't just rake in the monies for investors but for these guys as well

The red-hot IPO market in India is unlikely to cool any time soon, with Lenskart and Groww lining up IPOs — much to the gains of investors and bankers alike.>

Nestle India Q2 results: Revenue up 10%, profit slips by nearly a fourth amid record sales

Nestle India Q2 Results 2025-26: Net profit fell 23.63% YoY to ₹753.20 crore on the back of revenue that increased 10.57% YoY to ₹5,643.61 crore.>

Nestle plans layoffs that will affect 16,000 jobs globally over next two years

The Nestle layoffs include 12,000 white-collar jobs, which saves the company one billion Swiss francs, on top of 4,000 job cuts already underway.>

Indian Oil-led India refiners to pare down Russian oil imports after Trump comments

Donald Trump has said PM Modi had committed to stop India's Russian oil imports. Indian refiners led by Indian Oil were caught off guard by that comment.>

Ola Electric launches Ola Shakti battery even as cell manufacturing plans stall

Ola Shakti is a residential battery energy storage system powered by Ola's 4680 Bharat Cell manufactured at the Ola Gigafactory in Tamil Nadu.>

Credits : HTimes