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Customers saved Rs 1,515 crore using discounts on BigBasket in 2022

Customers saved Rs 1,515 crore using discounts on BigBasket in 2022

Online grocery platform BigBasket delivered over 160 million orders in 55 cities this year. According to the firm’s annual BigRecap report for 2022, Indians saved a total of Rs 1,515 crore using discounts, promo codes and offers.

According to the report, the most sold vegetable was tomato, which is technically not a vegetable at all, but a fruit.

Dish TV appoints ex-bureaucrat Lalit Behari Singhal as independent director

Dish TV appoints ex-bureaucrat Lalit Behari Singhal as independent director

Dish TV, the direct-to-home operator, which is part of the Essel group, on Thursday said that it had appointed former bureaucrat Lalit Behari Singhal as an independent director to its board.

In a separate filing in the evening, the company said that shareholders had voted against the two ordinary resolutions put up at its AGM held on Thursday, to adopt the FY21 and FY22 financial statements of the company.

TCS rewards employees with massive salary hike after making Rs 10,000 crore profit

TCS rewards employees with massive salary hike after making Rs 10,000 crore profit

Tata Consultancy Service is giving a 20% Christmas salary hike to 70% of its employees and the rest of the employees get a salary hike based on their performance. There are almost 6 lakh employees in the firm. 10-20% of the employees' salary is dependent on variable pay. TCS has planned to roll out 100% variable pay to 4 lakh employees for the financial year 2022.

Currently, TCS has implemented a 100% variable compensation scheme for employees.

JP Nadda slams Odisha govt for not implementing Ayushman Bharat scheme

JP Nadda slams Odisha govt for not implementing Ayushman Bharat scheme

BJP National President J.P. Nadda has slammed the Naveen Patnaik-led government raking up several issues, including non-implementation of the Ayushman Bharat scheme in Odisha.

While addressing public meetings at Tumudibandha in Kandhamal district and Banapur in Khurda district on Wednesday, Nadda said, "Naveen Ji, who always claimed that his government is working for the interest of the people of Odisha, has become an obstacle in providing direct benefit of Ayushman Bharat Yojana to 60 lakh poor people of Odisha."

KFin Technologies makes listless debut; slips over 2% from issue price

KFin Technologies makes listless debut; slips over 2% from issue price

Shares of KFin Technologies (KFIN) made a listless debut on Thursday, with the stock listed at Rs 369, up 1 per cent against its issue price of Rs 366 per share on the BSE. The stock opened at Rs 367, almost at par on the National Stock Exchange (NSE).

Post tepid listing, KFIN stock price fell below its issue price to a low of Rs 355 on the BSE and NSE. At 10:14 AM; the stock traded at Rs 356.85, down 2.5 per cent against its issue price. A combined 1.7 million equity shares had changed hands at the counter on the NSE and BSE.

VC funding in India down 30 per cent in 2022: Venture Intelligence

VC funding in India down 30 per cent in 2022: Venture Intelligence

As compared to record highs of 2021, venture capital funding of startups in India fell 30 per cent in 2022. The startups picked $23.95 billion as of December 28 this year. In 2021, this was $35.46 billion, a report in the Economic Times (ET) said, citing data from Venture Intelligence.

The funding of late and growth-stage startups slowed down as private market investors became more cautious amid rising interest rates and fears of recession. The funding of Series D and above halved to $11.70 billion in 2022 from $24.91 billion in 2021. The number of late-stage deals fell from 177 to 122.

7 TDP workers killed in scuffle during Chandrababu Naidu's rally in Andhra

7 TDP workers killed in scuffle during Chandrababu Naidu's rally in Andhra

Seven Telugu Desam Party workers lost their lives after a scuffle broke out between party workers during a public meeting being held by party leader N Chandrababu Naidu in Kandukuru of Andhra Pradesh's Nellore on Wednesday, police said.

The injured people were admitted to the nearby hospital.

RT-PCR report of passengers from China, 4 other nations must: Official

RT-PCR report of passengers from China, 4 other nations must: Official

With the next month expected to be crucial for India’s Covid-19 situation, passengers arriving from China, Japan, South Korea, Thailand and Singapore would have to carry a negative RT-PCR report from next week onwards, official sources have said.

The Covid-19 spike in these countries has sent alarm bells ringing in India as well, with states gearing up to prepare for any emergencies and taking stock of health infrastructure.

Govt calls telecom operators on Wednesday to discuss rising call drops

Govt calls telecom operators on Wednesday to discuss rising call drops

Amid an increase in complaints about call drops, failures and slow internet speed, the government has called a meeting of telecom service providers on Wednesday to discuss the matter, The Economic Times reported.

There has been an increase in complaints about the deteriorating quality of mobile phone services as telecom operators shift to 5G technology, which allows for faster Internet access for watching high-definition videos.

IT majors lowering revenue projections for FY23 amid macroeconomic troubles

IT majors lowering revenue projections for FY23 amid macroeconomic troubles

Amid macroeconomic pressures, Information Technology (IT) companies have lowered their growth and revenue projections for the current financial year (FY23). HCL has set its revenue guidance growth of 16-17 per cent for the year FY23, a report in the Times of India (TOI) said. Accenture, another tech giant, said that the clients were pausing smaller deals and there was a delay in overall decision-making.

"All of this (macro challenges) impacts the smaller deals more than the bigger deals because we're continuing to see that big transformation focus," Accenture said while announcing its financial results for the quarter ending November.

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