Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.
The G20 foreign ministers' meeting on Thursday was unable to come out with a joint communique due to sharp differences over the Ukraine conflict despite persistent efforts by host India to build consensus.
Pune-based Suzlon Energy Ltd on Friday said its wholly owned subsidiary has bagged an order from China for supply of wind turbines.
'It would not be incorrect to say that the Chinese-Pakistani strategy of containing India began in the aftermath of the 1965 war.'
The panel said that vacant posts in the CBI are not being filled up at the required pace and recommended that "every effort should be made to fill up vacancies at the earliest".
'Russia has got inherent military strength, they have a very good military equipment manufacturing infrastructure and by and large they are self-sufficient in their production capabilities'
During interrogation, the arrested criminals had disclosed that the weapons recovered from them were supplied by Bishnoi, a senior police official said.
The Russian embassy has taken up with the ministry of external affairs (MEA) the detention of a Russian cargo ship in Cochin port and requested for an "explanation" of the circumstances of the incident.
My candidate for the best general of the last century hailed from a little, poor colonised Asian nation whose impact on world affairs rarely amounted to much, notes Shankar Acharya.
Flipkart Group on Monday said it has raised $3.6 billion (about Rs 26,805.6 crore) in funding led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart, valuing the e-commerce giant at $37.6 billion. The company, which competes with Amazon, Reliance Industries' JioMart and others in the burgeoning Indian e-commerce market, said it will continue to make deeper investments across people, technology, supply chain and infrastructure to address the requirements of a rapidly growing consumer base in the country. The current funding round has also seen participation from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad as well as marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global.
Russia on Wednesday said it was working "intensely" to create a "humanitarian corridor" for safe passage to Russian territory for Indians stuck in Kharkiv, Sumy and other conflict zones in Ukraine.
'I was a young pilot in the IAF and Tom Cruise (with his genuine Ray-Bans) was now an icon with his sensational performance in Top Gun.' 'The IAF, maybe influenced by the movie, decided to 'issue' pilots Ray-Bans as part of their flying kit,' remembers IAF Veteran Air Commodore Nitin Sathe.
It said that the transit was "ongoing" and that there had been "no interference from foreign military forces so far."
Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal, except special forward e-auction for the power sector, till the situation stabilises. The development assumes significance as the supply of coal is being prioritised to the power sector to replenish the dwindling stock in the wake of reports of an electricity crisis looming large. "In view of the current low stock position at the powerhouse end, supply of coal is being prioritised to the power sector to replenish the dwindling stock...coal companies are advised to refrain from conducting of any further e-auctions of coal with the exception of special forward e-auction for the power sector, till the situation stabilises," Coal India said in a recent letter to its arms, including Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL), Central Coalfields Ltd (CCL).
The agreement provides for creation of an enabling framework for closer cooperation and interoperability, besides allowing militaries of the two countries to use each other's bases and facilities for repair and replenishment of supplies, the official said.
Last week, the Pakistan Air Force (PAF) held a ceremony marking the induction of the Chinese-made fighters into its arsenal.
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
Major Adhikari was a man par excellence and had won our hearts. His supreme sacrifice for the nation shook us till the roots. A fascinating excerpt from Param Vir Chakra Captain (Honorary) Yogendra Singh Yadav's book, The Hero of Tiger Hill.
The juvenile was also wanted in the murder of builder Sanjay Biyani on April 5 in Maharashtra's Nanded and the killing of gangster Rana Kandowalia outside a private hospital in Amritsar on August 4 last year,
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
The Tata group is looking to make a foray into semiconductor (also known as chips) manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday. "At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry. Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.
More than 1.84 crore COVID-19 vaccine doses are still available with states and UTs, while nearly 51 lakh doses are in the pipeline and will be received by them within the next three days, the Union Health Ministry said.
The Punjab police on Wednesday said it will question jailed gangster Lawrence Bishnoi after bringing him to the state in connection with the murder of Punjabi singer Sidhu Moosewala.
An estimated 1.5 lakh people are being shifted from low-lying coastal areas in Gujarat while 54 teams of the NDRF and SDRF remained deployed on Sunday in view of the India Meteorological Department's (IMD) warning that the very severe cyclonic storm Tauktae will reach the state coast on Monday evening and cross it on early Tuesday morning.
Listed companies of the Kishore Biyani-led Future group on Saturday informed exchanges about meetings of their respective shareholders and creditors being convened on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail. Listed entities, including Future Enterprises Ltd, Future Retail Ltd, Future Consumer Ltd and Future Supply Chain, informed exchanges about dates and other procedures for the virtual meetings of shareholders and creditors. The meetings are held virtually through video conferencing and other audio-visual means, the addendum notice added.
Restrictions under Section 144 of the Code of Criminal Procedure (CrPC) continued to be imposed in the clash site and surrounding areas, they said.
Blinken also underlined that diplomacy is the only way to definitively end the Russian conflict in Ukraine.
According to political analysts, the results of these bypolls, which saw a high-voltage campaign by senior leaders from various parties, will set the tone for the forthcoming elections in the state, including of the cash-rich Brihanmumbai Municipal Corporation and other civic bodies.
A Nepali national, suspected to be behind supplying explosive materials to Maoists in India and Nepal, has been placed under arrest in the capital New Delhi's central district area. Police officials said that the accused has been arrested with several explosive detonators and wires.
The Essential Defence Services Bill, 2021, introduced by Minister of State for Defence Ajay Bhatt amid din created by the Opposition over three new agri laws and the alleged Pegasus snooping controversy, seeks to replace an ordinance issued in June.
Chief Minister Arvind Kejriwal urged the Centre to provide medical oxygen to Delhi.
E-commerce major Flipkart has burnt cash of $3.7 billion (about Rs 30,000 crore) in about a year ending September 2022, according to regulatory filings. Flipkart had $1 billion in cash in July 2021, which came down to $887 million by September 2022. The company, in July 2021, raised $3.6 billion (about Rs 29,000 crore), which has been completely exhausted, according to regulatory filings of Flipkart and Walmart.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.
Government sources said the ministers deliberated on various arrangements being made to deal with increasing cases of coronavirus cases as well as to ensure adequate supplies of medicine and essential commodities during the lockdown.
More than 90 lakh Covid-19 vaccine doses are still available with states and Union territories which will receive over 7 lakh additional doses in the next three days, the Union health ministry said on Tuesday.
Running short of ammunition, particularly heavy-calibre artillery and mortars, the LTTE will try to tap the supplies from their South Indian hideouts
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.
The procurement is expected to signal a major upswing in India's strategic ties with the Philippines which has been focusing on ramping up its naval prowess in the face of its lingering friction with China in the South China Sea.
From round-the-clock surveillance of people and equipment to choosing the right materials for the building that contains the servers that store data, these facilities are truly state-of-the-art.
