Ola Consumer achieves free cash flow positive in H2 FY26 after restructuring. Focus on ride-hailing, subscriptions, and new revenue streams. New Delhi, May 8 (PTI) India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter. The development comes as…
Indian FDI in US reaches $16.4B, supporting 70,800 jobs. Indian firms invest in R&D and contribute to US economy. Washington, May 5 (PTI) Foreign direct investment from India to the United States was approximately USD 16.4 billion, which supported about 70,800 jobs, a senior US official said. Addressing a CII India Reception on the sidelines…
Bharat Taxi partners with Delhi Capitals as official mobility partner for IPL 2026. Enhancing match-day travel for fans in Delhi NCR. New Delhi, May 5 (PTI) Ride-hailing cooperative firm Bharat Taxi has announced a partnership with Indian Premier League (IPL) franchise Delhi Capitals as their official mobility partner for the 2026 season. Under the agreement,…
Adani Ports stock dips after promoter entity sells 2% stake for Rs 7,486 crore. Capital Group picks up shares. Details inside. New Delhi, May 5 (PTI) A promoter group entity of Adani Ports and Special Economic Zone has divested a 2 per cent stake in the company for Rs 7,486 crore through open market transactions,…
Gold futures increased in futures trade due to fresh positions on firm spot demand. August delivery up 0.17% at Rs 1,53,100 per 10 grams. New Delhi, May 5 (PTI) Gold prices on Tuesday rose by Rs 254 to Rs 1,53,100 per 10 grams in futures trade as speculators created fresh positions on a firm spot…
PhonePe announces it has surpassed 700 million registered users, highlighting its growth and reach in India’s digital payments ecosystem. New Delhi, Apr 30 (PTI) PhonePe announced that it has crossed the milestone of 700 million (70 crores) life-till-date registered users on its platform as of April 29, 2026. This milestone highlights PhonePe’s population-scale reach in…
Flipkart and Uber partner to offer SuperCoins on rides. Earn rewards on every Uber ride by linking your Flipkart account. Learn more! New Delhi, Apr 15 (PTI) E-commerce major Flipkart and ride-hailing platform Uber on Wednesday announced a partnership to integrate Flipkart’s ‘SuperCoins’ reward programme into Uber’s mobility services. Under this collaboration, users can earn…
Mobile PLI scheme sees investments double to Rs 17,519 cr. Smartphone exports cross Rs 2.62 lakh cr in 2025. India becomes net exporter. New Delhi, Apr 1 (PTI) The production-linked incentive scheme to boost domestic mobile phone manufacturing received more than twice the target investment at Rs 17,519 crore, and total production has exceeded the…
BMW launches the Mini Cooper S Victory Edition in India, a tribute to racing heritage. Available at authorized dealerships, priced at Rs 57.50 lakh. Jaipur, Mar 19 (PTI) BMW Group India on Thursday launched the new Mini Cooper S Victory Edition in the country. The special edition model debuted at the newly inaugurated Mini dealership…
NCLAT dismisses insolvency appeal against Eastman Auto & Power, upholding NCLT order citing pre-existing dispute with Vave India Energy. New Delhi, Mar 17 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed against alternative energy firm Eastman Auto & Power in an insolvency case and upheld the order passed by the…