Introduction In a significant development, Wipro Ltd., one of India’s leading IT services companies, has announced its plans to acquire the U.S.-based IT consulting firm Applied Value Technologies (AVT) for $40 million. This strategic acquisition aligns with Wipro’s vision to ...
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On: December 16, 2024
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Swiggy Launches ‘Scenes’ for Live Events and Ticketing Amid Rivalry with Zomato
Food delivery giant Swiggy, led by Sriharsha Majety, has introduced a new feature called ‘Scenes’ within its main app, focusing on live events and ticketing. This launch comes shortly after rival Zomato debuted its standalone experiences app, District, intensifying competition ...
On: December 16, 2024
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India’s Business Activity Surges to 4-Month High: HSBC Flash PMI Hits 60.7 in December
Introduction India’s business landscape ended the year on a strong note as the HSBC Flash Purchasing Managers’ Index (PMI) climbed to a robust 60.7 in December, marking a 4-month high. This impressive performance reflects rising demand, improved production, and a ...
On: December 16, 2024
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Swiggy and Zomato's Strategic Push into Processed Food & Lightning-Fast Delivery
Introduction The food delivery landscape in India has witnessed significant evolution, with Swiggy and Zomato leading the charge in transforming consumer habits. Over the years, these platforms have revolutionized the convenience of food delivery by offering a diverse menu, from ...
On: December 16, 2024
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Mobikwik IPO: A Business Perspective on Opportunities, Challenges, and Future Outlook
In December 2021, Mobikwik, one of India’s leading fintech platforms, filed for its initial public offering (IPO), sparking significant interest from investors and market analysts. The company, which specializes in mobile payments, digital wallets, and financial services, has long been ...