Peerzada Abrar, Business Standard

Stories by Peerzada Abrar, Business Standard

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

Rediff.com   17 Aug 2026

As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com   11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com   1 Aug 2026

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Rediff.com   31 Jul 2026

Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com   15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Byju Raveendran Faces Singapore Jail Sentence

Byju Raveendran Faces Singapore Jail Sentence

Rediff.com   15 Jul 2026

'The order has no practical effect unless and until he chooses to enter Singapore.'

Enemies Beware! India Deploys Nuclear Warheads

Enemies Beware! India Deploys Nuclear Warheads

Rediff.com   12 Jun 2026

India is increasingly focusing on long-range weapons capable of reaching targets across China.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com   10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com   27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com   16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com   8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

India's e-retail aisles buzz again, market hits $66 billion

India's e-retail aisles buzz again, market hits $66 billion

Rediff.com   17 Apr 2026

India's online retail market concluded 2025 with electronic retail (e-retail) gross merchandise value (GMV) reaching $65-66 billion, a 19-21 per cent increase, according to a report by Bain & Company and Flipkart. This growth is significantly driven by GenZ shoppers and the rapid expansion of quick commerce, which has emerged as a global leader.

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Rediff.com   11 Apr 2026

India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com   4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com   28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com   27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com   26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com   20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com   26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com   25 Feb 2026

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'