Business

Caveat pauses approval and opens path for Mistry to be heard A caveat has been filed on behalf of Mistry, preventing the Charity Commissioner from immediately approving the Trust’s decision to remove him. The move forces the regulator to hear his objections before taking any final action. What a caveat does A caveat is a … Read more

Company leans on strong balance sheet to absorb new investment Management says a healthy balance sheet and ample surplus funds give it room to back a new investment without materially weakening performance metrics. The expectation is that, while the outlay will affect cash positions, it should not become a significant drag on key return ratios … Read more

Zero handling fees give one player an edge in quick commerce One leading quick commerce platform has moved to zero handling and platform fees, setting it apart from rivals that still charge customers for order handling. This change makes the platform the only mainstream player to remove these charges entirely, reshaping the immediate pricing landscape … Read more

A shift in how people eat After a period dominated by home delivery, food-tech platforms are seeing out-of-home consumption regain importance. Consumers are returning to restaurants, food halls and events, and platforms are adapting to capture a larger slice of that activity. The change is more than a temporary rebound — it is reshaping product … Read more

Major $25 million commitment to longevity research Deepinder Goyal, the co-founder of a leading foodtech company, has pledged $25 million toward longevity research. The move adds momentum to a growing domestic interest in extending healthy human life and builds on trends popularised by high-profile entrepreneurs abroad. What the funding means The capital will flow into … Read more

Heavy reliance on one client raises alarms In its updated draft IPO papers, Shadowfax disclosed that nearly half of its ₹2,485-crore operating revenue in FY25 came from a single large client. That level of client concentration highlights a common vulnerability for third-party service providers — one major customer can move the needle on an entire … Read more

New sponsors named for Invesco Asset Management Company India IIHL and Invesco Limited will now serve as the sponsors of Invesco Asset Management Company India, which was the 16th-largest asset manager in the country as of September. The move positions the firm under the direct backing of these two entities and could influence governance and … Read more

Quarterly Filing Shows Heavy Net Selling A recent filing covering the three months ended in September shows significant activity in the company’s stock. The report revealed that $12.5 billion of stock was sold during the quarter, while $6.4 billion was purchased — a clear case of more sales than spending. Net outflow and what it … Read more