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Swiggy to re-evaluate investment in Rapido; losses rise to ₹1,197 cr

The New Indian Express Kochi

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August 01, 2025

FOOD-tech firm Swiggy will re-evaluate its investment in ride-hailing startup Rapido, citing a potential conflict of interest as the mobility company recently entered the food delivery space.

- ENS ECONOMIC BUREAU @New Delhi

FOOD-tech firm Swiggy will re-evaluate its investment in ride-hailing startup Rapido, citing a potential conflict of interest as the mobility company recently entered the food delivery space. "Rapido is the largest mobility player in India

MÁS HISTORIAS DE The New Indian Express Kochi

The New Indian Express Kochi

India joins US-led 'Pax Silica' alliance

INDIA on Friday formally joined the Pax Silica coalition, which seeks to ensure strengthen strategic technology and supply chain cooperation between India and the US, while addressing China’s dominance in the critical minerals sector.

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Australia bow out on a high

WOUNDED Australia concluded what has been a wretched campaign with a nine-wicket thrashing of Oman in their inconsequential final group league fixture of the T20 World Cup on Friday.

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Goa grab win in their 2nd tie

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The New Indian Express Kochi

The New Indian Express Kochi

Individual brilliance vs team effort

EVER since they won the 2024 T20 World Cup, India have been a force to reckon with in the shortest format of the game.

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SOVEREIGN AI SECTOR RAISES $5.5 BN AS OF '26

INDIA’ sovereign AI sector has raised more than $5.5 billion across over 1,700 firms, according to a new report by Tracxn.

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The New Indian Express Kochi

Govt takes 7 measures under EPM for MSMEs

COMMERCE Minister Piyush Goyal on Friday unveiled seven interventions under 225,060 crore Export Promotion Mission (EPM) that aims to lower financing costs, wider access to trade credit and help small and medium exporters to better tap overseas markets.

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The New Indian Express Kochi

MHA invokes Official Secrets Act to secure note printing press HQ

THE Centre has designated the headquarters of the Security Printing and Minting Corporation of India Limited (SPMCIL) in the national capital as a “prohibited place” under the provisions of the Official Secrets Act, 1923.

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The New Indian Express Kochi

Indian-origin truck driver held after fatal crash

A 25-year-old Indian-origin semi-truck driver was arrested in the US after his truck allegedly jumped a red light, leading to a three-vehicle collision killing a 64-year-old man.

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The New Indian Express Kochi

Livspace cuts 1k jobs as it shifts to AI-led model

KKR-backed home interior platform Livspace has laid off at least 1,000 employees, nearly 12% of its workforce, in the last six months, as it moves to replace several manual roles with artificial intelligence systems.

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February 21, 2026

The New Indian Express Kochi

‘India must make hardware locally to reduce dependence on other countries’

ETWEB Technologies India, which has launched ‘Make in India’ Tyrone Camarero GB200 AI Supercomputer Powered by NVIDIA Sovereign AI Development, along with a petascale personal AI system Tyrone Camarero Spark at the India AI Impact Summit on February 18, has so far installed more than 600 supercomputers across India.

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