Business News
UPI daily use count up, avg value down
India Business News: Mumbai: UPI transactions in June 2025 rose 32% year-on-year in volume and 20% in value, clocking 1,840 crore worth Rs 24 lakh crore. However, on a mon.
Logistics startup Shadowfax files for Rs 2.5k cr IPO
India Business News: Mumbai: Logistics startup Shadowfax has filed draft IPO papers with Sebi through the confidential filing route. The company is seeking to raise up to .
Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings
Del Monte Foods has filed for Chapter 11 bankruptcy in the United States. The company plans to sell itself under an agreement with lenders. It has secured significant financing to continue operations during bankruptcy. The 135-year-old company owns brands lik…
Delhivery survived the Meesho curveball. Can it keep on delivering profits?
Delhiverys largest business, e-commerce delivery, suffered muted growth largely due to aggressive insourcing by IPO-bound Meesho. Yet, the company staged a significant turnaround, clocking its first full profitable year. In the past month, the Delhivery stock…
Government allows cab aggregators to hike peak-hour surge prices
India Business News: NEW DELHI: The government on Tuesday gave more headroom to vehicle aggregators such as Uber, Ola, inDrive and Rapido on surge pricing. In a set of gui.
Adani Properties gets NCLT nod to acquire HDIL's two assets
The assets include a commercial property known as 'Inspire BKC' in Mumbai's business district Bandra-Kurla Complex and a land parcel in Kalyan Shahad on the outskirts of Mumbai. Adani Properties was found to be the only bidder to make Insolvency and Bankruptc…
Uttarakhand: Seven Nihang pilgrims held after violent clash near Jyotirmath
Seven pilgrims have been arrested following a violent altercation near Jyotirmath in Uttarakhand. The incident involved Nihangs and a local businessman. The dispute reportedly began over a scooter. The situation escalated, leading to an attack on a police off…
Centre issues advisory allowing use of personal bikes for ride-hailing
India Business News: BENGALURU: The ministry of road transport and Highways on Monday released a revised set of guidelines, Motor Vehicle Aggregator Guidelines 2025, advis.
Shadowfax files for Rs 2,500 crore IPO through confidential route
India Business News: MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to .