Zepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming local stores, citing data that shows quick commerce is expanding the market alongside a growing economy. Palicha emphasizes Zepto’s focus on profitability and disciplined capital allocation, aiming for an IPO potentially next year.
Technical picks: NTPC, Bharti Hexacom among 4 stocks to buy for up to 34% returns in short term
Equity benchmarks closed the last week on a subdued note, ending with modest losses amid heightened volatility. The current holiday-shortened week is expected to be
April 15, 2025