In QC segment, while each of firms reported more than 2-fold rise in GOV and revenue, Zomato’s QC service Blinkit outshone Swiggy’s Instamart. “Instamart continues to lag Blinkit in growth and incremental unit economics,” said Anand Rathi Research.
Kumar Mangalam Birla’s Grasim gets cheapest rupee bond deal in 5 years
Grasim Industries Ltd. has secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Indian