Dreamfolks Services, India’s largest airport service aggregator, witnessed a sharp decline in its stock on Wednesday after the company announced that it will discontinue domestic airport lounge services for its clients effective September 16. Shares of the company were locked in a 5% lower circuit at ₹131 on the BSE, triggering concerns among investors about
In a major development for India’s electric vehicle industry, Ola Electric claims nearly ₹400 crore in incentives under the government’s Production-Linked Incentive (PLI) scheme for the automobile and auto component sector for FY25. The claim, backed by sales of around ₹3,000 crore, highlights the company’s growing scale and ambitions in the electric two-wheeler space. The
Food delivery giant Swiggy launches Toing, a brand-new standalone app designed for price-conscious customers, especially students and young professionals in Pune. This latest move marks a strategic step by Swiggy to expand its customer base by focusing on affordability. With meals priced primarily in the ₹100–₹150 range, Swiggy launches Toing as a dedicated solution for
India’s financial landscape is witnessing a historic shift as ITR filing trends for AY 2025–26 reveal a remarkable rise in participation from Gen Z investors. With nearly 37 million new demat accounts created in FY 2023–24, and FY 2024–25 already showing stronger momentum, India’s youth is no longer dabbling in small trades—they are committing capital
Flipkart-owned fashion e-commerce giant Myntra has delivered a stellar performance in FY25, recording an 18x surge in Myntra net profit to ₹548.3 crore, compared to just ₹31 crore in the previous financial year. This remarkable growth has sparked renewed discussions around Myntra profitability and answered the long-debated question: is Myntra profitable? According to filings with
Facebooks privacy settlement has finally moved into the payout phase, with payments starting to reach approved claimants across the United States. This massive $725 million settlement marks one of the largest privacy-related class action settlements in history, and millions of users are now waiting to see how much they’ll receive. The case stems from multiple
Pidilite Industries has once again become the center of discussion in Dalal Street after brokerage house Nuvama Institutional Investors reaffirmed its ‘Buy’ rating on the stock. With a target price of ₹3,785, Nuvama projects an upside potential of 23.3% from the current levels. The brokerage highlighted three major reasons for its bullish outlook – the
DP Jain is Adani Group has once again made headlines with its aggressive expansion in India’s infrastructure sector. On September 11, 2025, Adani Enterprises, through its wholly-owned subsidiary Adani Road Transport Limited (ARTL), announced the acquisition of DP Jain TOT Toll Roads Pvt. Ltd. in a deal valued at ₹1,342 crore. This transaction further strengthens
Infosys Buyback , India’s second-largest IT services company, has once again become the talk of Dalal Street after unveiling its largest-ever share Infosys buyback plan. The IT giant announced a ₹18,000 crore buyback program, sparking interest among retail and institutional investors alike. The move comes at a time when Infosys shares have been under pressure
In the fast-moving world of billionaires, fortunes shift with stock market swings. This week, Larry Ellison, the co-founder of Oracle, briefly surpassed Elon Musk to become the world’s richest person, with an estimated net worth touching $393 billion. While Musk has long dominated headlines as the poster boy of innovation, Ellison has quietly built his
