Category: Latest NEWS

Key Points : Amazon launches 10-minute delivery in Mumbai after strong traction in Bengaluru and Delhi. Orders are growing 25% month-on-month, and Prime members are making over three times the number of orders. Growth overlaps with the Great Indian Festival, starting 23 September.   Key Background : Amazon Now was…

Key Highlights : Audacity Venture Capital has recorded a $50 million exit of VideoVerse following the latter’s acquisition by Minute Media, which is India’s biggest mediatech exit. VideoVerse’ flagship product Magnifi utilizes the deployment of artificial intelligence in the production and dissemination of live sports highlights. Early-stage investment of $5…

Key Highlights : Oracle laid off over 100 employees in India, most of whom belong to its OCI and OFSS divisions. The cuts are a global restructuring that have eliminated over 3,000 jobs worldwide, driven by Oracle’s shift to AI integration and streamlining.   Key Background : Oracle, an industry…

Key Highlights : LG Electronics India to issue its IPO in October 2025, for ₹15,000 crore through a 15% stake sale. The IPO, which is all an Offer for Sale, will be India’s biggest public issue this year.   Key Background : LG Electronics had earlier scheduled April–May 2025 for…

Key Highlights : Tata Motors will implement the full GST reduction, reducing the price of commercial vehicles by ₹30,000 to ₹4.65 lakh from 22 September 2025. The move is expected to lower fleet operators’ operating costs, enhance logistics efficiency, and drive vehicle modernization.   Key Background : The GST Council…

Key Points : Urban Company raises ₹1,900 crore IPO on Sept 10–12, price band at ₹98–103. Minimum of ₹14,935 to be invested by retail investors; employees are eligible for ₹9 per share discount. Financing through way of technology, rent, advertisement, and corporate development.   Key Background : Ever since it…

Key Highlights : Zomato hiked its platform fee from ₹10 to ₹12 per order before the festive season. Swiggy hiked its platform fee to ₹15 per order, its third increase in three weeks.   Key Background : The rollout of platform fees in India’s food delivery market started small in…

Key Highlights : TCS declares delayed pay rises of 4.5%–7% for around 80% of employees with effect from September 1, 2025. Senior performers to get 10%+ increases, while senior employees are left out in the face of 12,000+ redundancies and restructuring.   Key Background : TCS normally adjusts employees’ salaries…

Key Highlights : Flipkart acquires majority stake in Pinkvilla as it makes an offer to win over Gen Z and millennial shoppers. Deal worth about $15 million will give Flipkart over 75% stake. Strategic buy to combine content-driven engagement with e-commerce growth.   Key Background : India’s biggest e-commerce portal,…

Key Highlights : Tata Steel reduced online order delivery time from seven to three days. It is powered by more than 600 AI and IoT models, enhancing efficiency, safety, and customer satisfaction.   Key Background : One of India’s oldest and biggest steel makers, Tata Steel, has undergone a fundamental…