Flipkart is nurturing another internal startup, this time led by Vice President and Chief of Staff Ashish Vijayvergiya, as per news reports. He is preparing to launch a new business within the Walmart-owned group, following the in-house entrepreneurship model that birthed successful ventures like PhonePe and super.money. Ashish Vijayvergiya’s Startup Plans Inside Flipkart Ashish Vijayvergiya …
The Department of Telecommunications (DoT) has asked all telecom operators to ensure their networks are prepared to function during disaster-level situations. This includes maintaining uninterrupted services and coordination among operators to avoid outages during emergencies. Border Infrastructure to be Prioritised Operators have been told to update their lists of critical telecom sites, especially in districts …
According to the data from the United States Census Bureau, India’s goods exports to the United States reached a record $11.2 billion in March 2025, the highest monthly figure recorded between the two countries. This is a significant increase from the usual monthly average of $7.5 billion, and the first time the $10 billion mark …
The capital market regulator, the Securities and Exchange Board of India’s (SEBI) Secondary Market Advisory Committee, will meet today on May 7, to finalise the next phase of reforms in the equity derivatives (Futures & Options or F&O) market. The said meeting will address key proposals aimed at enhancing risk monitoring and improving trading convenience …
The Nifty 50 index witnessed a recovery from its intra-day low on Wednesday, May 7, 2025, ahead of its weekly expiry. The benchmark index fluctuated between 24,220.00 and 24,449.60 levels during the session. At the close, Nifty 50 saw a rise of 34.80 points closing at 24,414.40. Stocks Under F&O Ban on Nifty’s Weekly Expiry Day Ahead of the Nifty weekly …
On May 7, 2025, Indian benchmark indices ended with slight gains amid market volatility due to recent geopolitical developments. The BSE Sensex closed at 80,746.78, up by 105.71 points (+0.13%), while the NSE Nifty 50 ended at 24,414.40, gaining 34.80 points (+0.14%). The heightened volatility came after missile strikes by the Indian armed forces on …
Asia’s richest man, Mukesh Ambani, is stirring up the Indian soft drink market, challenging the long-standing duopoly of Coca-Cola Co. and PepsiCo Inc. through a familiar strategy, price disruption. Reliance Industries Ltd, under his leadership, has brought Campa Cola back to life, a nostalgic Indian brand that once ruled the cola scene in the …
In a significant development for the Indian judiciary, the Supreme Court of India has made public the financial disclosures of 21 of its 33 sitting judges, including Chief Justice of India (CJI) Sanjiv Khanna. This move marks a visible shift towards transparency amid growing public demand for accountability from the nation’s top legal authorities. Timing …
The Government of Arunachal Pradesh has approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR), increasing both from the existing 53% to 55% of basic pay and pension. This adjustment aligns with the recommendations under the 7th Pay Commission and is intended to counterbalance the rising cost of living due to inflation. …
In response to a rising number of passenger complaints related to ride cancellations, sudden price surges, and safety concerns, the Maharashtra government has rolled out the Aggregator Cabs Policy 2025. This new regulatory framework applies to leading app-based ride services like Ola, Uber, and Rapido, and aims to ensure accountability, safety, and smoother commuting experiences …
