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Zomato is leading India's food delivery space with a market share of 58% in the first quarter of FY25, according to a report by Motilal Oswal. Recently-listed rival Swiggy lags with a 42% share. In the rapidly growing quick commerce space, Zomato-owned Blinkit commands a 46% market share, followed by Zepto at 29% and Swiggy Instamart at 25%, in Q1FY25. «Zomato has continued to gain market share from Swiggy from FY22 to 1QFY25, aided by its stronger execution. According to reported gross order value (GOV), Zomato’s market share grew from 54% in FY22 to 58% in 1QFY25,» the report said.

The ‘AI Collaboration Index’ report by Atlassian – a team collaboration and productivity software company – surveyed 5,000 knowledge workers across India, the US, Australia, Germany, and France. It outlines four stages of AI collaboration – from basic adoption as a simple tool (stage 1) to advanced usage as a strategic partner and decision-making advisor (stage 4). Even at the earliest stages of AI adoption, Indian knowledge workers are experiencing significant productivity gains. In India, those using AI as a simple tool (stage 1) report saving an average of 104 minutes per day, compared to the global average of around 45 minutes. This jumps to a whopping 127 minutes per day for strategic AI collaborators (stage 4), equivalent to more than an extra workday each week.

Subscribe to enjoy similar stories. Over the past few days, several regions in northern India, including Delhi NCR, have been in the news for all the wrong reasons: rapidly worsening air quality that has the area on the brink of a public health crisis. The toxic air has prompted authorities to introduce restrictions on vehicle movement and construction activities, and order schools to conduct classes online.

Subscribe to enjoy similar stories. Of course you knew that Donald Trump was going to win this election. And that the Indian stock market was due for a substantial correction.

National Association of Realtors (NAR) India has partnered with Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, to set up a National Multiple Listing Service (MLS). MLS aims to revolutionize Indian real estate by introducing a standardized and centralized property listing system. With India’s real estate market projected to reach $1 trillion by 2030, the introduction of MLS could significantly elevate industry standards and boost the economy, NAR said in a press statement adding that MLS will address the information gaps and reduce fraudulent practices to create a trustworthy ecosystem for property transactions.

Ricky Ponting is disappointed over the clash between the IPL 2025 mega auction and the first Test of the Border-Gavaskar Trophy. He labelled the scheduling as «the worst possible case scenario». The clash has forced Ponting, former Australian coach Justin Langer and other key personalities like Australia bowling coach Daniel Vettori to prioritise their IPL commitments over the crucial series-opener. The IPL auction is scheduled for November 24 and 25 in Jeddah, Saudi Arabia. It will have Ponting (head coach of Punjab Kings), Langer (coach of Lucknow Super Giants), and Vettori (coach of Sunrisers Hyderabad) absent from significant portions of the Perth Test. Ponting and Langer will do the commentary for Channel 7 on the first day of the first Test before flying to Jeddah.

The martech sector is creating significant opportunities for mid-career professionals, too, particularly those with a strong understanding of marketing strategies and cutting-edge technologies, says Trupti Oak, Vice President-People Management and Talent Acquisition, LS Digital. Marketing automation specialists, data analysts and data scientists, customer experience managers, content strategists and SEO experts are some of such roles that are in high demand for mid-career professionals, she says. Sonali De Sarker, SVP-HR, Epsilon India, estimates the industry to surpass $215 billion by 2027. This growth has skyrocketed demand for skilled engineers. “The adtech and martech fields offer exciting opportunities for mid-career professionals seeking a harmonious blend of creativity and technology,” she says.

A Boston Consulting Group report — Competence over Credentials: The Rise of Skills-Based Hiring — says that focus on traditional hiring parameters create a “paper ceiling” (professional barriers for those without a formal degree) and does not give much value to skills. With the advent of more fast-paced technology, the report argues, skills trumps degrees in many cases; it also has additional benefits such as creating a more diverse workforce and ensuring higher retention rate. What does this mean for hiring for leadership roles? Competency mapping is a crucial process for organisations. But it becomes especially important when filling leadership positions, says Radhika Vivek, Senior Partner, TRANSEARCH India. These roles significantly impact a company's success, and a poor hire can have detrimental consequences.

innovation hubs (CIHs) have an expanded portfolio of services today and India has an opportunity to capture a big share of this market, says Boston Consulting Group. CIHs are centres that provide access to high quality talent and advanced technology to help businesses grow by playing a prominent leadership role in formulating and driving business priorities across the enterprise. In its latest white paper, BCG says CIHs’ portfolio today includes front-end customer facing business operations and capabilities in emerging technology. Sreyssha George, Managing Director & Partner at BCG, says that global CIH spend is currently estimated at $265-290 billion and is expected to grow to $390-420 billion by 2027 (10% CAGR). “India is uniquely positioned to capture a 35-50% market, given its rich and scaled talent pool. Also, these hubs will bring significant innovation and talent upskilling to the Indian ecosystem,” she states.

Godrej Properties Ltd has acquired 53-acre land in Kolkata to build a residential plotted development project that will have revenue potential of around Rs 500 crore. Godrej Properties is one of India's leading real estate firms. In a regulatory filing on Wednesday, the company informed that it has acquired about 53-acre land parcel in Joka, Kolkata. «The proposed project is estimated to have a development potential of 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore,» Godrej Properties said.

ProcMart, an online B2B e-commerce marketplace, is expanding into biofuels and sustainable packaging. Anish Popli, Founder and CEO of ProcMart, said that 90% of the company’s clients are Fortune 500 companies. “These clients put a lot of weightage on sustainability. Their procurement managers come to us looking for a sustainable supply chain. After discussions with them, we have realised we can help these large organisations in biofuels and packaging,” he said. Sustainable packaging is one way to reduce carbon emissions, and ProcMart can contribute to this as it is also into packing and shipping items. ProcMart, being a marketplace for commodities, has added biofuel in its products. It has started procuring biofuels for clients. Popli says more clients are asking for biofuels.

About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions, according to people familiar with the matter, who asked not to be identified as the information isn’t public. If fully implemented, such systems could cut India’s emissions of the pollutant by almost two-thirds, benefiting air quality and public health, according to the Centre for Research on Energy and Clean Air. Sulfur dioxide breaks down into sulfates, which can account for almost a third of the particulate mass that forms India’s smog, according to Manoj Kumar, an analyst at the Finland-based research group.

Australia prepares to take on India during the first Test of the Border-Gavaskar Trophy series at Perth's Optus Stadium, a batter extremely crucial in deciding the match would be the Aussie number three Marnus Labuschagne, currently ranked at number 10 in Test rankings and considered as the glue of the batting line-up along with Steve Smith, keeping an attacking, high on intensity unit together. The 30-year-old Labuschagne has not been in the best of form as of late. Since his side's ICC World Test Championship win in 2023 against India in July, Marnus has gone on to display an average run of form during the next WTC cycle, having made just 653 runs in 12 matches, averaging a sub-par 29.68, with a century and five fifties in 24 innings, with best score of 111. His century came against arch-rivals England during the Ashes at Manchester in July, more than an year ago.

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Indian stock market for the last one year or so. The mutual funds that have been following the value investing strategy have offered handsome returns in the last year. However, fund houses that had been following the growth strategy have suffered. If you swear by value investing principles, you may invest in value funds to take care of your long term needs. If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount. Also Read | Best focused mutual funds to invest in November 2024

Residents in India's northern states woke up to another day of poor air quality on Wednesday, as a layer of dense fog shrouded most of the region, and pollution in the capital Delhi remained severe. India battles air pollution every winter as cold, heavy air traps dust, emissions, and smoke from farm fires started illegally in the adjoining, farming states of Punjab and Haryana.

Guyana, the first Indian PM to visit the country in 56 years. In an unprecedented gesture, he was received at the airport by President of Guyana, Mohamed Irfaan Ali, and over a dozen cabinet ministers. On PM's arrival, the President of Guyana shared a hug and exchanged pleasantries.

bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs). For a sample of 29 publicly listed banks, provisioning for nonperforming assets (NPA) fell by 2.9% to ₹27,318.2 crore. For PSBs, it fell by 11.6% to ₹14,628.3 crore with half of them reporting a year-on-year drop in loan loss provisioning. PSBs, including Punjab National Bank, Central Bank of India and Indian Overseas Bank, recorded a 82-93% fall in the NPA provisioning. On the other hand, private sector banks showed 12.5% increase in NPA provisioning for the quarter to ₹12,690 crore, led by select banks including ICICI Bank, Axis bank, Kotak Bank, IDBI Bank and Federal bank. Three out of every four private sector banks reported a year-on-year increase in their NPA provisioning. As a result, their share in the quarterly NPA provisioning increased to 46.5% from 41.2% a year ago and 42.1% in the previous quarter.

Ricky Ponting pointed out that star India batter Virat Kohli is popular in Australia because of his passionate and aggressive approach to the game, especially to its longest format. After a disastrous home season with the bat against Bangladesh and New Zealand and underwhelming Test numbers over the years, which includes just two centuries, Virat would be making his fifth and one of his toughest tours to Australia. All the speculation around Virat's form, future in Test cricket and lack of centuries have not affected his hype in Australia as newspapers feature posters and attractive images/slogans highlighting the larger-than-life status the batter enjoys in Australia. Ponting spoke with host Sanjana Ganesan on the most recent episode of The ICC Review and the Australian legend spoke glowingly of the former India captain ahead of the upcoming battle for the Border-Gavaskar Trophy Down Under.

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Subscribe to enjoy similar stories. Mumbai: India’s top lenders are falling over each other to finance a ₹39,000 crore refinery being set up by Chennai Petroleum Corp. and Indian Oil Corp.