Swiggy’s IPO is set to launch on November 6, marking the second-largest public issue this year in India. Co-founder Sriharsha Majety emphasizes quick commerce’s potential to surpass food delivery due to a larger market. Swiggy aims for a valuation of $11.3 billion, with a significant portion of funds raised through fresh shares and existing...
Read MoreIndia’s developer community on GitHub saw a 28% growth, making it the second largest worldwide. With 17 million coders, India’s contributions to AI projects are significant. The National Education Policy has boosted coding and AI learning in schools. This growth positions India to potentially surpass the US in developers by 2028.
Read MoreJapan’s Suzuki will supply India-made electric SUVs to Toyota for global markets as they extend their collaboration beyond petrol products. The BEV SUV, developed by Suzuki, will be manufactured from 2025 and aims to achieve economies of scale while promoting carbon neutrality.
Read MoreOn October 31, 2024, Pisceans will have a day filled with hope regarding personal goals and financial gains. Open communication can resolve relationship issues, while focusing on routine tasks benefits academics and careers. Positive financial outcomes are likely. Health-wise, mindful activities and self-care are advised to maintain well-being.
Read MoreVarun Dhawan reveals the name of his daughter as ‘Lara’ on Kaun Banega Crorepati. The actor says he’s elated this Diwali with Goddess Lakshmi arriving at his house. Varun will be seen next in ‘Citadel’ alongside Samantha Ruth Prabhu.
Read MoreThe US economy showed strong growth in Q3, driven by increased household spending and higher federal defense expenditure. Inflation-adjusted GDP grew at an annual rate of 2.8%, with consumer spending rising 3.7%. These figures reflect solid domestic demand as the Federal Reserve eases its stringent monetary policies, just ahead of the upcoming election.
Read MoreFrench IT services company Capgemini’s revenue declined by 1.6% in constant currency for the quarter ending September, bringing total revenue to 5.4 billion euros. The company revised its annual revenue estimate to a decline of 2% to 2.4%, and adjusted its margin guidance to 13.3-13.4%.
Read MoreRajinikanth’s action drama film ‘Vettaiyan’ has made Rs 251.1 crores worldwide in 21 days. The film, featuring Amitabh Bachchan and Fahadh Faasil, received mixed reviews. The India Net collections stand at Rs 146.28 crores, with Tamil Nadu contributing Rs 123.52 crores. The movie includes a notable performance by Fahadh Faasil and a rousing background...
Read MoreUK Chancellor Rachel Reeves announced a 40 billion pound tax hike, the largest in 30 years, to address a fiscal shortfall left by the previous government. Measures include increasing the national insurance payroll tax and freezing fuel duty. Borrowing will be ramped up to invest in public services.
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