BT Magazine | Zepto: How two Stanford dropouts disrupted the quick commerce space, taking on biggies like Blinkit and BigBasket. This and more.

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BT Magazine | Zepto: How two Stanford dropouts disrupted the quick commerce space, taking on biggies like Blinkit and BigBasket

Quick commerce platform Zepto has been able to attract investors and turn unicorn during a funding winter. That takes some doing.

 
 
 
 
 
 
 
 
 

 Market Today

 

Sensex dives 671 points to slip below 72,000; Nifty settles 198 points lower; here's what analysts say

BSE's Sensex tanked 670.93 points, or 0.93 per cent, to settle at 71,355.22. NSE's Nifty50 plunged 197.80 points, or 0.91 per cent, to end the day at 21,513 for the day.

 
 
 
 
 
 
 
 
 

 Market Today

 

Tata Steel sets January 19 as record date for Tinplate merger

Tata Steel would issue and allot fully paid-up ordinary equity shares, to those shareholders of Tinplate Company, whose names would appear in the Register of Members on the record date i.e. Friday, January 19, 2024.

 
 
 
 
 
 
 
 
 

 Mutual Funds

 

Mutual fund AUM in India crosses Rs 50 lakh crore mark

The jump in AUM from Rs 40 lakh crore to Rs 50 lakh crore took just one year with assets growing around six times in the last 10 years; December saw SIP flows touching a new high of Rs 17,610 crore.

 
 
 
 
 
 
 
 
 

 BT TV

 

Reliance To Invest In Renewable Energy, Green Hydrogen In Tamil Nadu, Says Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani has said that they will make new investments in renewable energy and green hydrogen in Tamil Nadu.

 
 
 
 
 
 
 
 
 

 Corporate

 

ACC acquires Asian Concretes & Cements for Rs 775 crore

The company stated that the complete acquisition will bolster the market leadership of ACC as well as Ambuja Cements in the North India market.

 
 
 
 
 
 
 
 
 

 Economy

 

What Zomato and iPhones can tell you about how Indian economy is growing

Calling the issue of K-shaped recovery baseless, the report questioned the efficacy of using ages-old proxies such as low 2-wheeler sales or fragmented land holdings to support some pre-destined narratives of India not doing well.

 
 
 
 
 
 
 
 
 

 Corporate

 

Reliance to invest in renewable energy, green hydrogen in Tamil Nadu, says Mukesh Ambani

Global Investors Meet: Mukesh Ambani said that Tamil Nadu has become one of the most business-friendly states in the country and that he believes that the state would soon become a trillion-dollar economy.

 
 
 
 
 
 
 
 
 

 Tech Today

 

Samsung Galaxy S23, Galaxy S23 Plus get a Rs 10,000 price cut ahead of Galaxy S24 series launch

Samsung Galaxy S24 series that will include Galaxy S24, Galaxy S24 Plus and Galaxy S24 Ultra, will launch in India on January 17.

 
 
 
 
 
 
 

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