According to Deepinder Goyal, founder and CEO of Eternal, the parent company of Zomato and fast commerce platform Blinkit, the food delivery platform Zomato fires about 5,000 gig workers every month due to fraud cases, while between 1.5 and 2 lakh workers quit the platform voluntarily. Goyal claimed
In Venezuela, Starlink has provided free internet service till February 3. The statement follows the rapid nighttime military action by the United States against Venezuela on January 3, which resulted in the capture of President Nicolas Maduro and his wife, First Lady Cilia Flores. "Starlink is providing free broadband
In its most recent annual report, the regulator, the Insurance Regulatory and Development Authority of India (IRDAI), stated that mis-selling is a serious issue in the insurance industry and that insurers must carry out a root cause analysis to determine the underlying issues. According to the report, the total number
The Telangana delivery workers' union has reacted to Zomato CEO Deepinder Goyal's support of the company's gig model by calling the existing working conditions "not decent work". This has intensified the discussion around compensation and benefits in India's rapidly expanding quick
With the registration of five significant firms as anchor vendors under the government's Electronics Components Manufacturing Scheme (ECMS), Apple has taken a clear lead in India's efforts to develop a comprehensive electronics components ecosystem. According to Business Standard, the companies, which are a combination of huge
Deepinder Goyal, the founder and CEO of Zomato, issued a thorough five-point statement on X to defend the company's gig work model. He described how delivery partners are compensated, why riders are not put under strain by the 10-minute delivery guarantee, and how flexible schedules and welfare benefits
India’s startup and business ecosystem kicked off the new year with notable funding activity and key corporate developments on 2nd January 2026. The day saw fresh capital flowing into the agri and food-tech sectors, with FreshToHome planning a debt raise to strengthen operations and Arya.ag closing a large
According to two merchant bankers on 1 January, Adani Enterprises would enter the bond markets the following week with the goal of raising INR 1,000 crore rupees ($111.16 million) through a public bond issuance. According to the bankers, the anticipated financing also includes INR 500 crore in a
According to a report by Bloomberg Law, Cognizant Technology Solutions Corp. is facing multiple proposed class action lawsuits in the US following a data breach at its healthcare division, TriZetto Provider Solutions. This week, three lawsuits were submitted to US district courts in Missouri and New Jersey. The allegations claim
K J Somaiya Institute of Management (KJSIM) successfully conducted a five-day Management Development Programme (MDP) titled “Quality Management System and Export Documentation”, reaffirming its continued engagement with MSME entrepreneurs following the INDAM Conference. The programme was jointly organised with Career Raiser and saw participation from MSME owners across a wide
Vodafone Idea, an Indian telecom provider, announced on 1 January that it had been hit with a penalty of 6.38 billion rupees, or around $71 million, for allegedly "short payment" of taxes. A day after the Indian government gave the indebted company a partial suspension on adjusted
Arya.ag, India's largest integrated grain commerce platform, today announced that it has raised Rs 725 crore (approximately USD 80.58 million) in equity from GEF Capital Partners. The investment will enable Arya.ag to deepen its engagement with farmers and their organisations to promote climate-smart, market-led agriculture
In a statement released on January 1, Sapphire Foods India Limited, the operator of KFC and Pizza Hut, stated that it would merge with Devyani International Limited, which also runs the QSR franchises in the nation. As consumers cut back on eating out and ordering in due to rising living
India’s business landscape saw significant developments on 31st December 2025, spanning technology, economy, and telecom sectors. Food delivery giants Zomato and Swiggy boosted payouts for gig workers ahead of New Year’s Eve to ensure smooth operations amid a nationwide strike call. In a historic economic milestone, India overtook
In an effort to minimise service interruptions on New Year's Eve amid a strike call by gig workers' unions, food delivery platforms Zomato and Swiggy are providing additional incentives to their delivery partners, a practice they typically follow during festive periods. According to the Indian Federation of
The Union Cabinet on 31 December approved a support package that freezes a significant portion of Vodafone Idea's Adjusted Gross Revenue (AGR) dues, providing significant respite for the indebted telecom company. According to reports, the ruling has frozen Vodafone Idea's AGR dues, which total INR 87,
Jubilant FoodWorks Ltd, the company behind Domino’s Pizza and Dunkin’ Donuts in India, has agreed to sell its entire 31.66% stake in Hashtag Loyalty Private Ltd. The move marks its complete exit from the customer engagement and loyalty business it held through the associate company. The share purchase
Shark Tank India, the hugely popular business reality show, is all set to return with its fifth season early next year. Known for giving Indian entrepreneurs a platform to pitch ideas to heavyweight investors, the show promises more drama, fresh business ideas and a bigger stage for founders this time.
India has officially overtaken Japan to become the world’s fourth-largest economy, marking a significant milestone in the country’s economic journey. The development reflects India’s strong growth momentum at a time when several major economies are facing slower expansion and higher inflation pressures. Recent global economic assessments and
India has announced a new three-year import tariff on certain steel products to protect local manufacturers from a flood of cheap imports, particularly from China. This move was formally published in the government’s official gazette on 30 December 2025 and takes effect immediately. The tariff is set as a
Entrepreneur and Mamaearth Co-founder Ghazal Alagh has shared a reflective and practical post on LinkedIn, outlining 12 leadership lessons she is carrying from 2025 into 2026. The post offers insights drawn from a year she describes as one of “massive shifts” in business, markets, and personal thinking around growth. Alagh,
India’s technology and global AI landscape continues to evolve at a rapid pace, with major enterprises and Big Tech firms making decisive strategic moves. Tata Consultancy Services (TCS) is recalibrating its long-term strategy to fully embrace an AI-led future, shifting focus from experimental pilots to scalable, ROI-driven AI deployments
The draft red herring prospectus (DRHP) that Captain Fresh submitted to the Securities and Exchange Board of India (SEBI) has been formally withdrawn. Utham Gowda, a cofounder of Captain Fresh, acknowledged in an interview with a media outlet that the company had temporarily paused its listing attempt due to unexpected
Ola Electric announced on 30 December that the International Centre for Automotive Technology (iCAT), Manesar, has certified its flagship electric motorcycle, the Roadster X+ (9.1 kWh), which is powered by an indigenously developed 4680 Bharat Cell battery pack, in accordance with the Central Motor Vehicle Rules (CMVR), 1989. With