Tag: News

Uber, Ola cab operators suspend strike for three days in Mumbai, other cities in Maharashtra

Synopsis The Maharashtra Gig Kamgar Manch has temporarily suspended the strike by app-based taxi drivers in Mumbai and other cities until next Tuesday. This suspension...

Fashion commerce startup Culture Circle bags undisclosed amount from Oyo’s Ritesh Agarwal at Rs 100 crore valuation

Synopsis The Gurugram-based startup, which operates as a luxury marketplace, enabling users to compare prices across verified sellers of authenticated sneakers, t-shirts, streetwear, and watches,...

SaaS startups tailor new green solutions for fashion industry

Synopsis The fashion industry has long grappled with waste, excess inventory, and growing environmental damage. As consumption surges, artificial intelligence (AI) is emerging as an...

Udaan acquires ShopKirana to boost FMCG play, ropes in Info Edge as shareholder

Synopsis Udaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its IPO. This move will enhance Udaan's position in...

Closing Bell: Saudi bourses end week in red at 11,007

RIYADH: Saudi Arabia’s Tadawul All Share Index fell on Thursday, shedding 31.76 points, or 0.29 percent, to close at 11,006.98. The benchmark index recorded a...

Nazara to de-subsidiarise Nodwin Gaming as esports arm raises fresh capital

Synopsis De-subsidiarisation will make Nodwin an associate firm of Nazara. However, Nazara will continue to remain the largest shareholder in Nodwin but will waive certain...

UAE unveils AI-driven federal budget cycle for 2027–29

JEDDAH: The UAE has launched its federal budget cycle for 2027–29, introducing an artificial intelligence-driven, performance-based approach aimed at accelerating national development and supporting...

Instamart profitability still a long way away, AOV ramp-up key to improve performance: Elara

Synopsis Elara Capital predicts Instamart, Swiggy's quick commerce arm, will achieve a contribution margin break-even by early fiscal year 2027, driven by increased average order...

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Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

Oil prices set for largest weekly rise since Russia’s...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

When AI Speaks for Your Brand, Who Owns the Trust

Trust Has Become a Strategic Asset In 2026, the question...

Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...