Topic
indian-markets
Business Profitability Remains Key Concern as Zepto Lines Up IPO Amid High-Volume Pitch
Quick-commerce platform Zepto has updated its draft red herring prospectus for an IPO, highlighting rapid order growth but persistent losses. The company processed 210 million orders in Q1 FY26, nearly double Swiggy Instamart, but Blinkit leads with both order volume and profitability. Zepto's adjusted EBITDA loss stood at Rs 1,248 crore in the March quarter, while Blinkit posted a profit.
Business Dalal Street Outlook: Inflation, Fed Verdict, Crude Oil, and US-Iran Deal Hopes to Steer Indian Markets
Indian equity markets face a week shaped by domestic inflation data, the US Federal Reserve's interest rate decision, crude oil price movements, and progress on the proposed US-Iran agreement. Foreign portfolio investor outflows remain a pressure point, while a strong previous week saw the Sensex gain 1,284.61 points.
Business AI Stock Valuations Are a 'Definite Bubble,' Says India's Chief Economic Adviser
India's Chief Economic Adviser V Anantha Nageswaran has described AI-related stock valuations as a 'definite bubble,' stating that much of the hype is driven by companies seeking capital. He cautioned that fears of AI-driven job losses are exaggerated and that a serious assessment can only occur after the market excitement subsides.