Swiggy plans a Rs 11,327 crore IPO on Nov 6, aiming for $11.3 billion valuation, adjusted from up to $13 billion due to market conditions. Prosus, Accel, and Elevation Capital will sell part of their stakes. This follows a $10.7 billion valuation in Jan 2022.
Read MoreDhanteras, marking the beginning of Diwali, celebrates Lord Dhanvantari and Goddess Lakshmi, symbolizing health and wealth. Buying gold, silver, and utensils is customary. An age-old sweet remedy made with honey, cinnamon, and cardamom is believed to bring prosperity, happiness, and good health when consumed on this auspicious day.
Read MoreRajinikanth’s action drama ‘Vettaiyan’ continues its strong box office run, earning Rs 144.75 crore in India over 18 days. The film, featuring stars like Amitabh Bachchan and Fahadh Faasil, has maintained impressive occupancy rates, especially in Tamil Nadu. Despite a strong first half, the movie’s second half becomes preachy and feels lengthy, leading to...
Read MoreA police head constable, D Girija, died by suicide after her husband blamed her for the accidental deaths of their pet dog’s puppies. Childless, the couple had been caring for their dog. Following an altercation, Girija was found hanging at her Kancheepuram residence.
Read MoreImports from China into India rose nearly 11% to $46.6 billion between April and August, driven primarily by computers, telecom equipment, and components, while exports dropped 8%. Electronics, machinery, and organic chemicals made up two-thirds of imports, widening the trade deficit to $40.8 billion.
Read MoreThe Engineering Exports Promotion Council advises Indian engineering goods exporters to explore new markets in Africa, Latin America, and CIS regions to mitigate the slowing demand in the US and Europe caused by global political conflicts. Although the US remains a major market, diversification may help boost exports of value-added products suited for developing...
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