Business
IndiGo’s parent company, InterGlobe Aviation, continued to see its share price drop on Tuesday. The stock fell another 1.5%, marking the eighth straight session of losses. In a week, the company has lost nearly 17% of its value, wiping out around ₹40,000 crore in market capitalisation. Operational problems trigger sell-off The decline follows a major […]
Business Finance
IndusInd Bank has appointed Amitabh Kumar Singh as its new Chief Human Resources Officer. At the same time, its microfinance subsidiary Bharat Financial Inclusion Ltd (BFIL) has named Tapobrat Chaudhuri as Managing Director and Chief Executive Officer. Both leaders are expected to play a key role in shaping future growth. Strengthening core functions Along with […]
Business
The CEO of Blinkit has warned that India’s quick-commerce sector could be nearing a breaking point. He said several platforms are dependent on continuous fundraising to survive, and with investor appetite slowing, the model may no longer be sustainable. Companies offering ultra-fast delivery are facing high costs and low margins, making profitability difficult. High costs