meta
Business

Meta Pulls Instagram AI Image Feature

By BPN News Desk
Meta has withdrawn a controversial AI image-generation feature that allowed users to create images of people using photographs from public Instagram accounts. The Facebook parent acknowledged that the feature had “missed the mark” following strong criticism over consent, privacy and potential misuse. Meta Withdraws Instagram AI Image Feature The feature was introduced
Swiggy
Business

Swiggy Instamart Gets Nine FSSAI Notices

By BPN News Desk
The Food Safety and Standards Authority of India has issued nine notices to Swiggy Instamart following consumer complaints alleging the delivery of expired, spoiled and contaminated food products. The regulator has sought explanations from the quick-commerce platform over possible violations of India’s food safety law. FSSAI Issues Nine Notices to Swiggy Instamart The
whatsapp
Business

WhatsApp Replies to Government Username Notice

By BPN News Desk
WhatsApp has submitted its response to the Union government’s notice concerning its proposed username feature. The Information Technology Ministry is examining the reply amid concerns that usernames could increase online fraud, phishing and impersonation risks. WhatsApp Responds to Government Username Notice The government had asked Meta-owned WhatsApp to explain the
meta
Business

Meta Plans 168 MW Data Centre in Gujarat

By BPN News Desk
Meta has expressed interest in establishing a 168-megawatt data centre in Gujarat as the state seeks to become a major destination for artificial intelligence, cloud computing and hyperscale digital infrastructure. Meta Plans 168 MW Gujarat Data Centre The Gujarat government has recommended Dholera as a potential location for Meta’s proposed facility. However, the
TCS
Business

TCS Q1 Revenue Rises 2.7%, Hiring Rebounds

By BPN News Desk
Tata Consultancy Services reported moderate revenue growth in the first quarter of FY27 while resuming workforce expansion. The IT services major added more than 9,000 employees during the June quarter despite cautious global technology spending. TCS Q1 Revenue Rises 2.7% TCS reported quarterly revenue of $7.6 billion, representing year-on-year growth of 2.7%. Revenue
sensex nifty
Business Markets

Sensex Crashes Close To 1,700 Points

By BPN News Desk
Indian equity markets recorded their biggest one-day fall in three months on Wednesday as renewed US-Iran tensions, rising crude oil prices and weak global cues triggered heavy selling across sectors. The sharp fall wiped out about ₹10 lakh crore in investor wealth. Sensex Falls 1,700 Points The Sensex plunged 1,677.12 points, or 2.15%, to close […]
Swiggy
Business

Swiggy Shares Rise On Ownership Shift

By BPN News Desk
Swiggy shares rose nearly 6% on Tuesday after the company said domestic ownership had crossed 50%, a development seen as important for its quick commerce arm Instamart. Swiggy Domestic Ownership Crosses 50% Swiggy informed exchanges that aggregate foreign shareholding in the company had fallen to 49.76% of its paid-up equity capital on a fully diluted […]
rapido
Business

Rapido Targets 100 Million Food Users

By BPN News Desk
Rapido co-founder and CEO Aravind Sanka has said the company’s food delivery push through Ownly is aimed at expanding India’s online food ordering market, not merely competing with Zomato and Swiggy. Rapido Ownly Food Delivery Strategy Sanka said Rapido’s food delivery ambitions are built around its existing logistics network, which already handles bike taxis, autos, […]
Business National

Axis Bank Leads Private Banks In Q1 Growth

By BPN News Desk
Axis Bank reported the strongest loan and deposit growth among large private-sector banks in the first quarter of FY27, supported by higher credit demand and continued expansion in its deposit base. Axis Bank Q1FY27 Loan Growth Axis Bank’s advances stood at ₹12.73 trillion as of June 30, rising 18.8% year-on-year and 2.3% sequentially. The growth […]