Small towns power Quick-commerce biz for Flipkart

Recent Views 16 MUMBAI: Small towns are fueling the growth of Flipkart’s quick commerce business Minutes. Cities such as Siliguri, Ambala, Barabanki, Bhagalpur and Durgapur are seeing huge consumer adoption with the overall customer base growing nearly 25 times year-on-year across such regions, the Walmart-owned company said.The broader Minutes business has expanded four times y-o-y…

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Apple’s foldable debut to lift mkt, test Samsung

Recent Views 17 NEW DELHI: Apple could bring more buyers to foldables without winning most of them. Foldable phones have flexible screens that let them open into larger displays or fold into more compact devices. The Cupertino-based company’s entry with the iPhone Duo is expected to draw attention to a smartphone category that remains small…

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Gross SIP flows, fund industry assets at record high

Recent Views 20 MUMBAI: Discounting volatility in the stock market, investors poured in money through the mutual fund route that led to a record Rs 32,297 crore in gross monthly inflows through the systematic investment plan (SIP) route in Aug. This, combined with strong buying across most equity mutual fund categories, lifted the total assets…

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‘Spider-Man: Brand New Day’ to become highest-grossing movie in US box office history; Tom Holland starrer to become first film to earn USD 1 billion in America |

Recent Views 14 ‘Spider-Man: Brand New Day’, starring Tom Holland in the lead, is on the verge of rewriting the domestic (American) box-office record.As per the latest reports on Global box office, the film is now just around USD 10 million away from overtaking ‘Star Wars: The Force Awakens’ as the highest-grossing film of all…

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Emerging sectors to drive next industrial revolution: Report

Recent Views 18 NEW DELHI: Emerging sectors, such as space, data centers, solar energy, semiconductors and electronics are set to drive the next phase of industrial revolution in India as the large domestic opportunity is driving private participation.Supportive govt policies, such as tax holidays for establishing data centres, large incentive schemes for boosting semiconductor production,…

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May tweak F&O settlement price mechanism: Sebi chief

Recent Views 16 MUMBAI: Sebi chairman Tuhin Kanta Pandey on Thursday said that the newly introduced Closing Auction Session (CAS) will stay but the regulator is studying if the mechanism to arrive at derivatives settlement prices could be changed. Pandey also said that MSCI, one of the largest index service providers in the world, has…

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