Quick commerce firms are hitting pause on expansion of dark stores to keep cash burn in check. Industry executives said companies are renegotiating their lease agreements for these mini-warehouses. An exception is Blinkit, which is backed by parent Eternal’s $2 billion war chest and plans to expand its network to 3,000 stores from 1,544 dark…
With generative AI and Agentic AI boosting productivity by 20-40%, leading to swifter outcomes at lower costs, clients are asking why they are still paying the same per full-time equivalent (FTE).
Happy Monday! Amid rising cash burn, quick commerce firms are pausing expansion of their dark store network. This and more in today’s ETtech Morning Dispatch.
Generative AI tools like ChatGPT are reducing traffic to news websites by providing direct summaries, threatening media revenue models. As publishers block AI crawlers or adapt with Generative Engine Optimisation, the dilemma remains: protect content or risk obscurity. Legal battles and partnerships may shape the industry’s uncertain future.
Delhivery share price: Delhivery posted a net profit of Rs 91 crore for the June quarter, supported by stable revenues and improved operational efficiency. Revenue rose 5.6% YoY to Rs 2,294 crore, with express parcel volumes up 14% to 208 million.
I am 35 and want to build a Rs 1 crore corpus over 10-12 years. Could you recommend some top-performing, aggressive and moderate-risk mutual funds that have the potential to deliver 12-15% compounded annual returns?
If you are confused by personal finance terms, jargon, and calculations, here’s a series to simplify and deconstruct these for you. In the 62nd part of this series, ET Wealth explains the difference between the two types of lending rates.
Considering rising healthcare costs, top-up plans are a cost-effective solution. These plans offer additional coverage beyond a deductible limit, making them a sensible choice compared to new or upgraded policies. Top-up plans ensure sufficient financial protection against significant medical expenses. Hence, if you are looking for increased coverage, getting a top-up might be your best…
Children’s mutual funds are investment avenues designed to meet kids’ financial goals like education or weddings. These funds, managed by parents or guardians, feature a lock-in period to promote long-term investing. They offer a blend of equity and debt options based on risk tolerance.
Gifting assets, such as money, property or valuables, is governed by the Income Tax Act. Gifts above a certain threshold value are taxed in the hands of the recipient unless exempted under specific conditions.
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