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Shifting e-commerce dynamics: Flipkart eyeing acquisition of Dunzo to take on Swiggy Instamart, Blinkit?

Feb 21 2024, 01:57 PM IST
Flipkart, a Walmart-owned company and a prominent player in the Indian e-commerce market with a valuation exceeding $32 billion, reportedly appears to be evaluating the potential benefits of acquiring Dunzo.
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Pakistan's financial health in peril: 'Raging fire' of debt threatens inevitable default, report warns

Feb 19 2024, 08:19 PM IST
The report reveals that Pakistan's per capita debt has increased by 36% from $823 in 2011 to $1,122 in 2023, while GDP per capita has seen a 6% decline during the same period.
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At $365 billion, Tata Group's market value is now more than entire economy of Pakistan

Feb 19 2024, 12:12 PM IST
The Tata Group's market capitalization currently stands at $365 billion, exceeding the IMF's estimated GDP for Pakistan, which is almost $341 billion.
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Latvia emerges as Whisky hub amidst global sanctions, meeting Russia's thirst despite moral questioning

Feb 16 2024, 05:28 PM IST
In the face of economic sanctions, Latvia has unexpectedly become the go-to source for whisky imports to Russia, navigating the restrictions and satisfying the nation's demand for the spirit. This unanticipated shift in the global alcohol trade has sparked moral questions.
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Income Tax department issues 5000 notices to taxpayers over donations to unrecognized political parties

Feb 15 2024, 03:05 PM IST
The Income Tax Department has reportedly issued notices to taxpayers over donations to unrecognized political parties, probing potential tax evasion and money laundering concerns for FY21 and FY22.
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Gautam Adani rejoins $100 billion club after Hindenburg report; becomes world's 12th richest person

Feb 08 2024, 10:10 AM IST
As reported by Bloomberg, Adani's net worth surged to $100.7 billion on Wednesday, positioning him as the 12th wealthiest individual globally. The news agency further indicated that Adani has reclaimed $16.4 billion in wealth this year.
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'I fight for you. You fight alongside me': Distressed Byju's CEO's email to employees on salary delay revealed

Feb 06 2024, 11:31 AM IST
In a heartfelt letter addressed to the dedicated workforce, Raveendran Byju acknowledged the collective sacrifices made by employees and their unwavering support during the company's challenging phase.
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Explained: How a multinational company in Hong Kong lost over $25 million to deepfake conference call

Feb 05 2024, 08:05 PM IST
The elaborate scheme unfolded with chilling precision, orchestrated through meticulously crafted deepfake technology, which manipulated employees at the company's Hong Kong branch.
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In a messy spot! Byju's pauses Lionel Messi partnership amid company turmoil

Feb 05 2024, 04:55 PM IST
Byju's had proudly announced Lionel Messi as its global brand ambassador in November 2022, launching a collaborative campaign for 'education for all' under its social impact arm.
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Amidst diplomatic standoff, India cuts financial assistance to Maldives by 22%

Feb 02 2024, 09:08 AM IST
The India-Maldives diplomatic tensions are set to rise once again after India made its latest move by reducing the development aid allocation to Maldives in their latest financial budget. This comes after both sides faced off against each other post Modi's island tourism push in India.
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