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Business - Page 200

Swiggy’s losses doubled in FY22

According to Entrackr, outsourcing support cost accounted for 24.5 per cent of the total expenses of the company….reports Asian Lite News Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore
January 2, 2023

CarDekho narrows losses by 28% in FY22

The company informed that it has Rs 1,000 crore in net cash and has a clear path to achieve profitability by FY24…reports Asian Lite News IPO-bound car search platform CarDekho Group on
January 2, 2023

Reliance retail buys 51% stake in Lotus Chocolate

The release said that the parties have also executed a shareholder’s agreement governing certain inter se rights and obligations….reports Asian Lite News              Reliance Consumer Products Ltd (RCPL), a wholly-owned subsidiary of
December 30, 2022

Major rejigs in Alibaba

In a separate move, Jeff Zhang will focus on his role as head of the Alibaba DAMO Academy and no longer serve as President of Alibaba Cloud Intelligence….reports Asian Lite News In
December 30, 2022

Goldman Sachs unveils layoff plan

Investment banks had enjoyed a boom year in 2021, as companies launched a huge wave of mergers and acquisitions after coronavirus pandemic lockdowns….reports Asian Lite News The boss of Goldman Sachs has
December 30, 2022

Vibha Thusu speaks of building a brand community

Regarding community-based marketing, Vibha highlighted how it is vital to set fundamentals earlier – a product or service with a unique differentiator and excellent customer service, so communities don’t become rant platforms…reports
December 29, 2022

Supply issues upset global tech stocks

Companies have struggled to keep production going in China due to Covid restrictions and weeks of lockdowns…reports Asian Lite News Apple and Tesla stocks have tumbled over growing concerns about delays in
December 29, 2022
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