Swiggy’s IPO valuation based on strategic moats and growth potential, says CFO

Swiggy’s valuation for its upcoming IPO is derived from a comprehensive institutional roadshow and a deep focus on “strategic moats” within the company’s model, CFO Rahul Bothra said during a…

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Ola Electric boosts service capacity by 30%; adds over 50 centres, 500 technicians

India's biggest e-scooter make Ola Electric has ramped up capacity at its service centres across the country by over 30% to transform its service and elevate the after-sales experience of…

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India’s Electronics Odyssey: From Biggest Buyer to Global Supplier?

The global electronics industry is on the verge of transformative shifts, and India, an emerging player, is no exception. Once almost entirely dependent on imports, India's electronic manufacturing sector is…

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Boeing’s Satellite Breaks Apart in Space: What Went Wrong and What’s Next?

On October 19, 2024, Boeing’s Intelsat 33e, a high-stakes communication satellite, abruptly failed and broke apart while in geostationary orbit, 35,000 kilometers above Earth. Known as a part of the…

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Ford’s CEO Drives a Xiaomi EV and Can’t Get Enough: What This Means for Global EV Competition?

Jim Farley, Ford’s CEO, has recently shared his unusual yet impactful automotive choice—he’s been driving a Xiaomi EV, specifically the SU7, for over half a year, and he’s not eager…

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Festive season sales: Fashion, personal electronics emerge as top categories; digital & credit payments turn popular

The first wave of the festive season sale kicked off in the last week of September, with major ecommerce platforms unveiling flashy discounts and offers. The top-selling categories this season include…

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Startup news and updates: Daily roundup (October 30, 2024)

Castrol India appoints Kedar Lele as managing directorCastrol India Limited, a lubricant manufacturer, has appointed Kedar Lele as its new Managing Director, effective November 1, 2024. Lele joins Castrol India after a…

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