News

The Indian government is meticulously evaluating the timing of LIC's follow-on public offering (FPO), aiming to strike a balance between complying with minimum public shareholding norms and ensuring favorable market conditions. The government is seeking the expertise of top-tier financial and legal advisors to ensure a smooth and successful stake sale, demonstrating its commitment to responsible divestment and maximizing shareholder v...

Uber introduces a 'Missed Flight Connection Cover' with Reliance General Insurance, compensating up to ₹7,500 for passengers missing flights due to severe traffic in Mumbai. While aiming to help passengers, the situation continues to adversely affect drivers who voiced concerns and recently staged a strike over low fares and poor road conditions.

The overwhelming response to a Blinkit job posting in Bengaluru, attracting over 13,000 applications within 24 hours, has ignited discussions on social media about the current job market landscape. The sheer volume of applications, primarily from entry-level professionals, has raised questions about the impact of recent layoffs, economic uncertainty, and the influx of fresh graduates.

Arvind, a Bengaluru-based entrepreneur, pitched his 3D interior design platform SuperBolter on Shark Tank India, seeking Rs 75 lakh for a 5% stake despite having no revenue after five years. The sharks criticized the platform's lack of traction and Arvind's unrealistic valuation, leading him to leave without securing an investment.

A Reddit post has sparked concerns about potential short deliveries by the quick commerce platform Blinkit, with users alleging discrepancies in weight and quality of their orders. Blinkit has not publicly responded to these claims, but the conversation highlights concerns about product weight and quality in online grocery deliveries.