The cash burn is not a question here. The question here is that Blinkit has always focused on assortment, on user experience, and on trying to basically be better ahead of peers. Their focus remains to be on that and not on cash burn.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.