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Zinka Logistics will debut on the exchanges on Friday. Ahead of the listing, the company's shares were trading with a GMP of Rs 0 in the unlisted market. Considering the upper price band of Rs 273, the stock is expected to list at a flattish premium or even a discount to the issue price.

Zepto, which has raised another $350 million in new funding from prominent domestic investors, aims to become a company with a majority Indian ownership, chief executive Aadit Palicha said. Zepto is not an “Amazon or Walmart” but an Indian firm with plans to go public on Indian bourses, Palicha said in an interview with ET. He said the four-year old firm is not hurting kiranas or mom-and-pop stores — an allegation that Zepto and other quick-commerce firms are facing — and is a “net-job creator to the country’s consumption story". Founded by Stanford University dropouts Palicha and Kaivalya Vohra, Zepto has emerged as one of the fastest-growing consumer internet firms in India, fuelled by $1.4 billion that it raised in the last five-six months.

Three Saskatchewan credit unions are looking at potentially combining their operations to better serve customers and deal with a changing market.

Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case under landmark rules, people with direct knowledge of the matter said. The US online retailer could face a fine of up to 10% of its global annual turnover if it is found guilty of breaching the European Union's Digital Markets Act (DMA) which seeks to rein in the power of Big Tech. The timing and decision on whether to go ahead with an investigation will be taken by incoming EU antitrust chief Terera Ribera in the coming months, the people said. The Spaniard is set to take up her post next month, replacing outgoing Margrethe Vestager.

Donald Trump has picked a former Michigan congressman as his upcoming administration’s ambassador to Canada.Trump said in a statement that Pete Hoekstra would help him “once again put America first.”Hoekstra thanked Trump on social media platform X, saying he was honoured for the opportunity.He must still be confirmed by the U.S. Senate.Hoekstra served as U.S.

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Subscribe to enjoy similar stories. Picture this: you’re browsing your favourite online store when you spot a great deal and make a quick purchase. Days later, a different product arrives.

Zopper has raised $25 million in a fresh round of funding led by Elevation Capital and Dharana Capital, the company said in a note today. While Elevation Capital is an active investor in the Indian fintech ecosystem, Dharana Capital has backed the likes of NoBroker, Urban Company and others. The round also saw participation from existing investor Blume Ventures. Creaegis, Bessemer Venture Partners, and ICICI Venture are the other investors of Zopper. The startup has raised $96 million in total equity infusion till now.

Subscribe to enjoy similar stories. Tim Berners-Lee has a radical proposition. Instead of leaving our online data vulnerable to harvesting by large tech platforms and governments, we should control it.

Legislation to create a world-first law banning children under 16 from social media has been introduced in Australia's Parliament

Snapchat, Reddit, X, and Instagram platforms could be fined up to 50 million Australian dollars (USD 33 million) for their systematic inability to stop young children from creating accounts.Rowland informed Parliament, "This bill aims to establish a new normative value in society that using social media is not the defining characteristic of growing up in Australia."Last month, Reddit, a company that went public in March, announced its first profit. In addition, the number of daily users on the site increased by 47% to 97.2 million over the previous year..Reuters reported that revenue in the September quarter rose 68% to $348.4 million, beating analysts’ estimate of $312.8 million.

distribution and supply chain company Moksha Group has acquired business-to-business consumer electronics startup Arzooo's assets, the companies said in a joint statement on Wednesday without disclosing the size of the deal. The distress deal comes months after Arzooo's unsuccessful attempts to raise new capital or merge with bigger rivals. The Bengaluru-based startup, founded by former Flipkart executives Khushnud Khan and Rishi Raj Rathore in 2016, had raised $80-90 million and was backed by likes of Celesta Capital, Japan's SBI Holdings and Doordash founder Tony Xu.

Subscribe to enjoy similar stories. When a master strategist makes a move, the market takes notice. According to data from Screener.in, a platform that tracks substantial holdings by top investors, one of India’s “Warren Buffetts," known for his Midas touch in small and midcap stocks, has quietly added a new stock to his portfolio.

Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming platforms

Bagheera, featuring Sriimurali and Rukmini Vasanth in lead roles, is set to premiere on Netflix on November 21, 2024. Directed by Dr. Suri, the movie has made history as the first Kannada film to secure streaming rights with a global platform, marking a significant step forward for Kannada cinema in the digital arena. Netflix officially announced the film’s release, confirming that it will be available in multiple languages, including Kannada, Telugu, Tamil, and Malayalam, ensuring its accessibility to audiences across India. Bagheera originally hit theaters during the competitive Diwali 2024 window, going head-to-head with other big-budget films. Despite the stiff competition, it carved out a strong foothold among viewers, earning critical acclaim and emerging as a box-office success. To date (November 20), the film has grossed ₹31 crore worldwide, with over Rs 18 crore collected from the Indian box office alone, solidifying its status as a profitable venture given its modest budget. The film’s gripping narrative, crafted by KGF and Salaar creator Prashanth Neel, combines a compelling superhero saga with emotional storytelling and high-stakes drama. Bagheera features a stellar ensemble cast, including Prakash Raj, Achyuth Kumar, Sudha Rani, Ramachandra Raju, and others, whose performances enhance its appeal. Arjun Shetty’s stunning cinematography and B. Ajaneesh Loknath’s electrifying score further elevate the movie’s cinematic experience.

David Fincher’s acclaimed crime thriller Se7en will be re-released in 4K Ultra HD and screened in IMAX as part of its 30th-anniversary celebration. The film will be available in both digital and physical formats with previously issued special features.

Priyank Kharge visited the Uber display at the Bengaluru Tech Summit on Wednesday to check out Uber Shuttle, the newest offering in India from the ride-hailing app. The mobility platform executives gave a demo of how the app works and explained about how Uber Shuttle would help more people book their travel in larger vehicles like Shuttles and take their own private vehicles off roads. The mass-transit mobility solution is designed for urban commuters, featuring real-time tracking, digital payments, pre-booked seats, and air-conditioned pocket-friendly rides, running on fixed routes, Uber said in a statement. Uber India president Prabhjeet Singh was present during the demonstration.

First came Conservative Leader Pierre Poilievre’s “Axe the tax” ads targeting the carbon tax. Now the Alberta government is running a “Scrap the cap” campaign, in reference to the federal government’s plan to — for purely performative reasons — impose a cap on emissions from the oil and gas sector.

Tina Knowles, the mother of global music icon Beyoncé, has vehemently denied reports claiming her daughter was paid $10 million to speak at a campaign rally for Vice President Kamala Harris, as mentioned in a report by The Independent. The rally, held in Houston, Texas, featured Beyoncé and her former Destiny’s Child bandmate Kelly Rowland, who voiced their support for Harris in an emotional address. Rumors about the payment began circulating online and gained traction after conservative commentator Candace Owens discussed the claims on her podcast.

Australian communications minister says the government won’t force social media users to hand over personal information to tech companies, as children younger than 16 are set to be banned from the platforms