Domino’s Pizza missed Wall Street’s expectations for Q2 over the ongoing shortage of delivery drivers. Its operator, Jubilant FoodWorks, is also considering taking some of its business away from Zomato and Swiggy in an attempt to raise commissions. The pizza chain has alleged the food delivery platform on the grounds…

Tata Steel, UK’s biggest steelworks, has warned its sites could no longer operate. Located in Port Talbot, the company is considering shutting its doors — unless the British government steps in with a subsidy of about £1.5 billion (Rs.14,400 Cr) in the next 12 months. The aid will help the…

ITC is well-known for having its ‘eyes on the prize.’ Now, the largest incubator of FMCG brands in India has some serious global ambitions. We also smell a hotel room that suggests a ‘demerger.’ Meanwhile, the company’s advisory app for farmers called Maars is keeping farmers busy tending to crops. …

The central government has pedaled up the safety of cars for 8-seater cars. A minimum of 6 airbags is mandatory for these vehicles. The move is likely to come into effect from October 1 this year. Airbags coming under scrutiny haven’t made the automobile industry too happy. For one, it…

We’re taking the bus to tinsel town today only to see how India is dripping in luxury, and rich Indians are betting on luxurious assets. India’s luxury real estate sector has climbed up the ladder to emerge as an investor’s favorite. The products in this niche segment are not just…

While funding was seen trickling down for startups recently, a record number of India-focused VC and PE funds was seen raising fresh funding for tech startups, beating all previous year records. Big Boom! VC funds raised a whopping $14.1 billion to pump into startups in the first half of 2022. …

The rising inflation in the country has hindered retail spending as households struggle with stressed budgets. Savings have taken a hit as retirement, insurance, and children’s education have taken a backseat. So much so that Kantar’s report says that 76% of urban consumers are worried about the increasing cost of…

Let’s talk shrimp today. India is the world’s largest shrimp exporter by value, with shrimp exports jumping three-fold in the decade to 2020, to be worth about $5 billion. But wait, why shrimps today of all the things? Well, of late, the country’s shrimp industry has become a test case…

Quick commerce startup, Blinkit has pulled down the shutters of its warehouses again. The last time it halted its business and closed many dark stores was back in March. To keep its 10-minute delivery promise (and live up to its name), it opened new stores — not to forget the…