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Zomato Swiggy Margins Hit as Discount Wars Return
Zomato and Swiggy face margin pressure as discount wars return, signaling a shift back to aggressive customer acquisition strategies in India’s food delivery market. Rising competition and consumer price sensitivity are forcing both platforms to balance growth with profitability. Zomato and Swiggy face margin pressure as discount wars return at a time when both companies were moving toward profitability. The…
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Houthi Attacks Raise Business Risks for Saudi Oil and Shipping
Saudi Arabia is facing mounting business risks as Houthi attacks and threats against oil infrastructure, airports and Red Sea shipping routes intensify. The disruption is raising concerns over crude exports, transportation costs, investor confidence and the kingdom’s ambitious economic diversification plans. Saudi Arabia Faces Fresh Pressure on Oil Infrastructure Saudi…
Indian Industries Turn to Green Power to Cut Costs and Grid Dependence
Indian industries are accelerating their shift towards captive renewable energy as electricity costs, supply risks and emissions targets reshape corporate energy strategies. Companies across steel, cement, automobiles and commercial real estate are investing in solar and wind power to improve cost control and strengthen long-term energy security. India Inc Accelerates…
Netflix Cuts 1,000 Jobs as Streaming Competition Intensifies
Netflix is cutting approximately 1,000 jobs, representing around 6% of its global workforce, as the streaming giant reassesses its priorities amid intensifying competition for viewers. Announced on October 14, 2026, the layoffs primarily affect product, technology, legal and human resources teams. Reuters and other media outlets reported the move as…
CEAT Q2 Profit Falls 40% as Rising Costs Squeeze Margins
CEAT Ltd reported a nearly 40% year-on-year decline in consolidated net profit for the second quarter of FY2026-27, despite strong revenue growth. Higher raw material costs, including rubber and petroleum-based inputs, pressured profitability, prompting the tyre manufacturer to consider further price increases and tighter cost controls. CEAT Q2 Results: Revenue…
ASML Earnings Highlight Rising AI Demand and Semiconductor Investment
ASML earnings are drawing global attention after the Dutch semiconductor equipment maker reported record third-quarter 2026 revenue and raised its annual sales forecast. Strong demand linked to artificial intelligence is encouraging chipmakers to expand production capacity, although supply constraints and global trade restrictions remain important risks. ASML Reports Record Third-Quarter…
Government Opens Debate on Capital Gains Tax and STT Ahead of Budget
India’s capital gains tax and Securities Transaction Tax (STT) have returned to the centre of financial policy discussions after Finance Minister Nirmala Sitharaman said the government was open to hearing investors’ views. Her remarks have raised expectations ahead of the Union Budget 2027-28, although no tax changes have been confirmed.…