With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Marriott has the best breakfast in town. New Delhi airport has the best stores. Kishore Singh on the good, bad and worst among hotels, airports and airlines.
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
The latest round of funding values the company at $10.7 billion, almost doubling it from the $5.5 billion valuation during the $1.25 billion fund raise in July 2021 when investors including SoftBank, Prosus and Accel pumped in capital in what was the company's biggest funding since its inception. The other new investors in the latest round of funding include Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Axis Growth Avenues AIF- I, Sixteenth Street Capital, Ghisallo, Smile Group and Segantii Capital, Swiggy said in a statement.
Excise duty hike for cigarettes could be lower.
Mumbai's Charcoal Eats is giving biryani a fast food makeover. Charcoal Eats has recently raised Rs 50 million in pre-series A funding, taking its total capital raised in 30 months to Rs 120 million.
Or it could lose you one, says Samali Basu Guha.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
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The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
After 11 years at the helm of Jubilant, Ajay Kaul, the 'nuts and bolts' executive, called it a day amid speculation that his expansionist strategy was not clicking, says Viveat Susan Pinto.
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Sahara group, whose legal battle with Sebi continues in Supreme Court over refund of over Rs 20,000 crore (Rs 200 billion) to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore (Rs 324 billion).
Gits now has super food mixes like brown rice and flax seeds idli mix, oats idli mix and such other products. It has also launched an organic and vegan version of ready meals abroad. It also has an e-store, besides selling through Flipkart, Amazon and Big Basket.
India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said on Tuesday. India's gross domestic product (GDP) growth of 6.5 per cent in 2023-24 compares with an estimated 7 per cent expansion in current fiscal year (April 2022 to March 2023) and 8.7 per cent in the previous year. Like the rest of the world, India too faced an extraordinary set of challenges in tightening financial conditions and supply chain disruptions from a prolonged war in Europe but "withstood them better than most economies", the annual document detailing the state of the economy said.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
The Matunga restaurant, known for its cleanliness and quick services, was established by Gopal Purshottam Kamath.
Auditoriums, malls, gyms and spas will be shut down and cinema theatres will be allowed with a third of the capacity on weekdays. Eating out will be banned and only home deliveries will be allowed. Weekly markets will be allowed but with restrictions.
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
The Whopper creater has most of its burgers priced at par with McDonald's.
As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune.
The intial round of efforts did not achieve the objectives fully.
The latest update is on Zomato's fourth acquisition overseas this year.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
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He started a fund with Rs 800 crore and made several investments.
Much of Warne's life resonates for Australians, most of whom would identify with his suburban upbringing and his determination to live life to the fullest.
At least 39 people have been killed in shootings and explosions around Paris, many of them in a popular concert hall where patrons were taken hostage, police and medical officials said.
GSTN CEO Prakash Kumar tells Sudipto Dey how IT can improve service delivery of government departments.
Google of food, Zomato is keen to do more acquisitions in 2015.
How to shield brand McDonald's? While consumers may have ignored the legal battles plaguing the franchise in north and east India, closure of restaurants is not something they are likely to ignore.
Veer Arjun Singh visits the eatery that began as a teenager's humble push cart and only 4 kinds of eggs.
Housing Secretary Robert Jenrick said there will be a move towards greater "personal responsibility" as the UK prepares to end lockdown restrictions from July 19.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
A gunman armed with a Kalashnikov had opened fire on train and was overpowered by several passengers including off-duty American servicemen.
The government is planning to extend the electronic modes of tax payment to its own payments platform, Unified Payments Interface (UPI), credit cards of banks, or even a mobile wallet like Paytm.
