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This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. Unable to keep up with the fundraising capabilities of rivals Grofers (now Blinkit) and BigBasket, Mukesh Singh and the other two cofounders of ZopNow took the tough decision to shut their seven-year-old consumer-facing grocery-delivery platform in 2018. Singh and his cofounders, Raj Pandey and Vikash Kumar, bought out their investors with their personal capital and transitioned ZopNow to a business-to-business (B2B) enterprise, offering its omnichannel retail expertise to retailers globally under a new name, ZopSmart.

Carpooling apps in Bengaluru as well as in other cities across Karnataka must register with the transport department and operate under the state’s regulations, transport minister Ramalinga Reddy said on Monday. The minister refuted media reports that his department was planning to levy fines on car owners using the carpooling app in the state capital. Bengaluru has an estimated two million people employed in the technology, startup and BPO sectors for thousands of whom carpooling is a preferred option to get around in the traffic-laden city.

Wipro, Capgemini and LTIMindtree are among the leading IT companies in India that have begun nudging employees to be in office on all or at least 50% of the working days in a week, according to sources, in what could signal the end of the work-from-home era in the country’s tech sector. This push to return to office is being implemented by IT/BPM and some technology companies across the country through verbal and informal communication channels, the people cited earlier said, as the industry faces a client demand crunch due to the global macroeconomic crisis which is squeezing tech spending.

Online bookmaker Betr has begun the slow process of paying tens of millions of dollars to its customers after the young start-up’s 100-1 promotion caused the largest payout in sports gambling history.

The pace of awarding of highway projects is expected to accelerate in the coming months as the issues behind the current slowdown have been “substantially addressed” and the government is now working with a target to award 12,500-km stretches for this financial year, a senior official said.

When it comes to the different risks that surround retirement planning, advisors tend to focus on market risk. However, there are two more that shouldn’t be ignored: longevity risk and sequence of return risks.

The federal government has joined 21 former rail workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were color blind and might have trouble reading signals telling them to stop a train

Six weeks into the United Kingdom’s first pandemic lockdown, employees at the British engineering group Dyson Ltd. received an email from chief executive Roland Krueger.

Cryptocurrency platform Launchpad XYZ has successfully raised $1,817,432 in its ongoing crypto presale as of today. The platform is dedicated to providing an intuitive and user-friendly experience for newcomers, with a focus on alpha trading signals.

For the last couple of years, women have been making significant strides in the financial advice industry.

Chhattisgarh Chief Minister Bhupesh Baghel on Monday rode a motorcycle to lead the ruling Congress' 'Bharosa Yatra' in his assembly constituency in Durg district to propagate the works done by his government in the last five years. Similar day-long Bharosa Yatras (march of trust) were also taken out in the remaining 89 assembly constituencies of the poll-bound state by the Congress to mark Gandhi Jayanti.

NIA) on Monday arrested a top Maoist leader as it carried out raids at 62 locations across Andhra Pradesh and Telangana in the CPI (Maoist) conspiracy case, an official said. The day-long searches, which were conducted mostly in Andhra Pradesh, also led to the recovery of weapons, cash and incriminating documents, a spokesperson of the federal agency said.

earthquake of magnitude 5.2 on the Richter scale hit Assam and Meghalaya on Monday.

Seattle-based Coldstream Wealth Management has added Seidman Capital Group, a wealth management firm overseeing $250 million in client assets, and Hersman Serles Almond, an accounting and consulting firm, it announced Monday.

Singapore, Australia, France, and Sweden are witnessing an increasing volume of score reports from Indian TOEFL test takers and emerging as new destinations of interest, according to the Educational Testing Service (ETS). The top two destinations for TOEFL test takers in India since 2017 have been the United States and Canada. Till 2019, Germany was at the third spot and the UK at the fourth spot. However, from 2020 onwards, the two countries have switched positions. «While the top five countries chosen by Indian TOEFL test takers have remained nearly consistent over the last 5-6 years. Apart from the top destination countries, emerging countries for Indian test takers include Singapore, Australia, France, and Sweden. These countries have seen an increasing volume of score reports from Indian test takers,» Sachin Jain, the Country Manager of ETS India and South Asia, told PTI. The Princeton-based ETS, which conducts the Test of English as a Foreign Language (TOEFL) and Graduate Record Examination (GRE), said the trend reflects shifting aspirations of people.

Mint’s macro tracker provides a monthly comprehensive report on the state of the economy, based on trends in 16 high-frequency indicators. For each indicator, the value in each month is assigned a colour-coding (red, amber and green) to denote where it lies relative to the five-year average (worse, in line, or better).

Investing is essential to optimise returns and outpace inflation in order to attain our goals across various life stages. Our investment strategy evolves in line with our financial objectives, income level, and age, allowing us to tailor our financial planning accordingly. Fixed Deposits (FDs) have long been a favoured investment choice for risk-averse Indian consumers. However, with varying tenures and interest rates, navigating the FD landscape can be challenging. This is where FD laddering comes into play.

Mumbai office market witnessed healthy leasing activity with 3.5 million square feet  (MSF) gross leasing volume (GLV) in third quarter, a 26.9% quarter-on-quarter growth.

Late-night talk shows are returning after a five-month absence brought on by the Hollywood writers strike

US technology stocks may be about to turn a corner after the Nasdaq 100’s biggest monthly decline this year, according to strategists at Goldman Sachs Group Inc. 

Also Read: Coal India production rises 12.6% YoY to 51.4 MT in September Integrated zinc production during the quarter under review was at 185 kt, down 2% YoY and down 12% sequentially. Refined lead production at 57 kt was flat as compared to Q2FY23 and up 12% sequentially on account of pyro plant operations on Lead mode during this quarter, Hindustan Zinc added.