Flipkart crushes video commerce with 75 million users engaged in 1st half of 2024. Liveshop+, Vibes, and influencer partnerships drive video shopping boom, while Indian live commerce struggles. Is video commerce the future of online shopping? pen_spark tune share more_vert
Business

Flipkart Scores Big With Video Commerce: 75 Million Users Engaged In First Half of 2024

Flipkart’s video commerce strategy is proving successful, with over 75 million users engaging with its features in the first half of 2024. This translates to

Investors withdrew Rs 1,400 crore from Quant Mutual Fund amid regulatory scrutiny over alleged front-running. Despite the redemptions, the fund maintains strong liquidity and operational normalcy, assures CEO Sandeep Tandon. Quant MF's rapid growth and robust investment strategies remain key strengths as the firm navigates these challenges.
Business

Investors Pull Out Rs 1,400 Crore From Quant Mutual Fund Amid Regulatory Scrutiny

Quant Mutual Fund, a prominent player in India’s rapidly growing asset management industry, has recently come under the spotlight due to significant investor withdrawals and

Key stocks to watch include Stanley Lifestyles, Reliance, HCL Tech, Polycab, RVNL, Ambuja, RBL Bank, AU Bank, JSW Infra, and more as significant market movements and strategic decisions are set to influence their performance on June 28, 2024.
Business

Stocks In The News: Stanley, RIL, HCL Tech, Polycab, RVNL, Ambuja, RBL Bank, AU Bank, And JSW Infra

As the Indian stock market continues to thrive, several stocks are set to capture the spotlight before the opening bell on Friday, June 28, 2024.

The Bombay High Court has directed Zee founder Subhash Chandra to provide documents requested by SEBI in a fund diversion case, complying with the March 27 summons.
Business

Bombay High Court Directs Zee Founder Subhash Chandra To Respond To SEBI Summons

Fund Diversion Case The Bombay High Court has instructed Subhash Chandra, founder and chairman emeritus of Zee, to comply with SEBI’s March 27 summons regarding

A number of online gaming companies have been asked to provide comprehensive information about cashbacks offered between October 1, 2023, and June 15, 2024, by the Directorate General of GST Intelligence (DGGI). The DGGI has discovered that these businesses have been reimbursed for taxed funds that they have provided as cashback in several promotional accounts.
Business

DGGI Investigates Cashback Offers By Online Gaming Companies Since October 2023

A number of online gaming companies have been asked to provide comprehensive information about cashbacks offered between October 1, 2023, and June 15, 2024, by

Nvidia Rebounds After Selloff, Analysts Debate Short-Term Hiccup vs. Long-Term Trend. Was the recent 13% drop a blip, or a sign of things to come? Analysts weigh in on support levels and Nvidia's future.
Business

Nvidia Stock Rebounds After Selloff, Analysts Eye Long-Term Trend

Nvidia’s stock price showed signs of stabilizing after a massive selloff that wiped out $430 billion from its market value. The stock rose as much

Adani Airport Holdings, a subsidiary of Adani Group, is revolutionizing air travel in India. They manage 7 key airports and are developing innovative "airport city" concepts with business centers, hotels, and entertainment zones. Experience the future of Indian aviation with Adani.
Business

Adani Enterprises Will Invest $21 billion (₹1.75 lakh crore approx) In Its Airport Business Over Next 10 Years

Prepare yourself for a trip that is easier, faster, and more enjoyable overall! Adani Airport Holdings Limited (AAHL), a part of the renowned Indian infrastructure

Flipkart and PhonePe on an upward trajectory in India
Business

Walmart CFO Says Flipkart & PhonePe Are On Path To Profitability

David Rainey, the CFO of Walmart, stated at a recent investor conference in London that Flipkart, the leader in digital payments, and PhonePe, the e-commerce

Adani, Hindalco show interest in Hindustan Copper's Jharkhand mines
Business

Adani, Hindalco For Jharkhand Copper Mines: Boost For Domestic Production?

Utilized in everything from electrical wiring and plumbing to renewable energy sources and electric vehicles (EVs), copper is an essential metal for the modern world.

Paytm sees 19% rise in flight bookings in Jan-Mar
Business

Paytm Soars: 19% YoY Growth In Flight Bookings Outpaces Industry

In the January–March quarter, Paytm Travel bookings increased 19% year over year (YoY), greatly surpassing the market growth rate of approximately 3%. This outstanding result