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Turning the Tide: Zomato and Swiggy Witness Profitability in India’s Food Delivery Landscape

Ishika Setia -
The online food delivery industry, which is highly funded and prominent in India, is finally starting to become profitable. Zomato and Swiggy, the market...
Indian

India’s manufacturing sector experienced its most rapid expansion in 12 years

The Indian economy continues to display resilience despite global challenges. Following a positive surprise in economic growth, the manufacturing Purchasing Managers' Index (PMI) for...
Ishika Setia -
Finance
Kaushiki Ghosh
Samsung claims record sales but a 24% drop in profit in the third quarter

Samsung claims record sales but a 24% drop in profit in...

The third quarter revenue report for Samsung, a South Korean IT giant, has been posted online. The figures indicate that the business saw respectable...
Finance
Kaushiki Ghosh
Rajeev Chaba: MG Motor India anticipates turning a profit on increased sales in the upcoming year

Rajeev Chaba: MG Motor India anticipates turning a profit on increased...

MG Motor India's President and Managing Director Rajeev Chaba stated on Monday that the firm anticipates turning a profit next year as it seeks...
Apple
Kaushiki Ghosh
Profit at Apple's laptop manufacturing facility in China has been cut in half

Profit at Apple’s laptop manufacturing facility in China has been cut...

Quanta Computer Inc., which makes MacBooks for Apple Inc., said that its Shanghai campus recovered from Covid-related interruptions less quickly than anticipated, resulting in...
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