News wrap: Lok Sabha phase 2 polls conclude, Swiggy IPO, EVM-VVPAT case, Q4 result and more
Read more Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday. The $2 trillion milestone followed the company’s results, where revenue beat expectations on the strength of its cloud-computing unit.
Read more Homegrown food aggregator Swiggy has filed a draft red herring prospectus (DRHP) for an initial public offering with the Securities and Exchange Board of India (Sebi) via the confidential filing route. The delivery giant aims to raise about $450 million in fresh capital and another $800 million through an offer-for-sale component, as per the filing. Read more Lok Sabha phase 2 polls voting concluded on April 26.
The voting for the second phase took place in 88 parliamentary constituencies spread across 13 states and Union Territories (UTs). Read more Maruti Suzuki India announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Friday, April 26, reporting a rise of 48 per cent in net profit at ₹3,877.8 crore, compared to ₹2,623 crore in the corresponding period last year. Read more The Delhi High Court on Friday criticised the Arvind Kejriwal-led government for project delays and the lack of supplies to MCD schools, suggesting a prioritisation of power over governance. Read more Messaging giant WhatsApp told the Delhi High Court on Thursday that it would cease to function if it was compelled to break the encryption of messages.
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