India’s quick-commerce sector is grappling with profitability issues in saturated metro markets, necessitating strategic shifts like network consolidation and diversification into non-grocery categories to sustain growth, according to a new report by Bernstein. Illustration: Dominic Xavier/Rediff.com Key Points India’s quick-commerce
Despite a recent dip in share price, Bharti Airtel is strategically positioning itself for future growth through significant investments in its Nxtra data centre business, anticipated tariff hikes, and robust performance in its African operations, alongside efforts to expand its
The Indian rupee experienced significant volatility, closing 32 paise lower at 92.83 against the US dollar, as escalating US-Iran tensions and a crucial RBI deadline for banks to curb overnight positions weighed heavily on the forex market. Illustration: Dominic Xavier/Rediff
India’s foreign exchange reserves have surged by over $9 billion to $697.121 billion for the week ended April 3, 2026, as reported by the Reserve Bank of India, indicating a robust recovery after a recent dip and strategic interventions amidst
Gold loan NBFC Muthoot Finance Ltd on Friday (April 10) said its board of directors has approved an interim dividend of ₹30 per equity share (300%) for FY2025–26. Shareholders whose names appear as of the close of business hours on
AMFI Data: Investor preference appears to be shifting away from gold toward equities, with March data showing a sharp moderation in flows into gold-backed investment products even as equity mutual funds saw a surge in inflows. Gold exchange-traded funds (ETFs)
Volkswagen has unveiled a significant facelift for its Taigun compact SUV, introducing a new 8-speed automatic gearbox for the 1.0 TSI engine, a panoramic sunroof, and a host of design and interior enhancements to sharpen its competitive edge in the
While the leadership issues may get sorted in the upcoming board meetings of Tata Trusts and Tata Sons, listing of the holding company of the Group on stock exchange should potentially resolve the bigger question on ownership and control. IMAGE:
India’s largest IT services firm, Tata Consultancy Services (TCS), has reported a significant 12.22 per cent jump in its March quarter net profit, reaching Rs 13,718 crore, demonstrating robust financial performance. Photograph: Dado Ruvic/Reuters Key Points TCS reported a 12.22
A World Bank economist is calling for the removal of barriers to artificial intelligence adoption in South Asia to unlock business growth and create much-needed jobs for the region’s burgeoning workforce. Key Points The World Bank urges countries to remove
