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Harsh Dwivedi

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Medial • 3m

Top News of the Day: 1. Zomato announced the launch of a 'dark mode' feature for its mobile app. 2. Zepto Likely To Enter BNPL Segment With ‘Zepto Postpaid’ 3. US charges Russian military officers for unleashing wiper malware on Ukraine 4. Buffett's Berkshire offloads more shares in Bank of America 5. Maharashtra says Tower-Adani to set up $10 billion semiconductor unit The Maharashtra cabinet panel has approved a $10 billion investment proposal from the Tower Semiconductor-Adani Group joint venture to establish a semiconductor chip manufacturing unit in Taloja. 6. VentureSoul Partners declares first close of Rs 600 crore maiden fund; raises Rs 146.5 crore 7. Food delivery firm Swiggy plans to use most of the funds raised from its upcoming IPO to expand its quick commerce service, Instamart 8. Qualcomm has explored acquiring pieces of Intel chip design business 9. Indian Prime Minister Narendra Modi and his Singaporean counterpart Lawrence Wong signed agreements during their bilateral meetings. 10. The Supreme Court has agreed to an early hearing of the appeal from US-based creditor Glas Trust Company LLC against the NCLAT's judgment 11. The first edition of the Esports World Cup (EWC) in Saudi Arabia reached 10.5 million viewers in India, with a total consumption of 64 million minutes watched. 12. Former Junior Swiggy Staff Embezzled INR 33 Cr, Probe Launched 13. Starbucks India posts Rs 1,218 Cr revenue in FY24; losses surge 3.2X 14. Swiggy has introduced an 'Incognito Mode' for private ordering on its food delivery and quick commerce platforms. 15. IndiaMART invested INR 8 Cr in Mobisy, resulting in a stake increase from 25.08% to 27.21%. 16. ST Telemedia Global Data Centres (STT GDC) has announced an investment of $3.2 billion to expand its data centre capacity in India. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.

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Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

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Zomato with a Rs 2.4 lakh cr mkt cap has profits of Rs 600 cr. While Indusind bank with a 1 lakh cr mkt cap has profits of 9000 cr. What am I missing?

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