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Aim is to build like Jio in eye testing: Lenskart CEO

Financial Express Mumbai

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October 28, 2025

EYEWEAR MAJOR LENSKART wants to build heavy infrastructure—on the lines of Reliance Jio laying optic-fibre across the country—for eye-testing and distribution, founder & CEO Peyush Bansal said on Monday.

- NESIL STANEY

Lenskart will “redefine remote optometry”, he said. On creating value for customers, the Lenskart CEO noted that “profit is just a byproduct of that process”. The firm is not “raising more capital than necessary”, given its strong balance sheet and positive cash flows, Bansal added.?

“This (the company’s upcoming IPO) is not an exit event”, he said, adding that “the listing is more about broadening ownership and bringing long-term partners on board”.

FLERE HISTORIER FRA Financial Express Mumbai

Financial Express Mumbai

'Noel wants to be Ratan Tata within a year'

“IT’S BLATANTLY UNFAIR to expect us to support resolutions, the details of which were not shared with us in advance,’ they said.

time to read

1 min

October 29, 2025

Financial Express Mumbai

Bill Gates calls for climate strategy pivot

BILLIONAIRE INVESTOR AND philanthropist Bill Gates called on world leaders on Tuesday to adapt to extreme weather and focus on improving health outcomes rather than temperature reduction targets ahead of the COP30 climate talks in Brazil.

time to read

1 min

October 29, 2025

Financial Express Mumbai

OpenAI to offer free year of ChatGPT Go to Indian users

OPENAI ON TUESDAY said that it will offer Indian users a free one-year subscription to ChatGPT Go, its recently launched mid-tier plan that supports higher query limits, image generation, and file uploads.

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Highway bidding set for major overhaul

Revised norms ina couple of days

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Simplify TDS regime in FY27 Budget: Ficci

INDUSTRY BODY FICCI on Tuesday called for the simplification of the tax deducted at source (TDS) structure in the 2026-27 Budget, stating that the decision will “considerably ease the compliance burden on the taxpayers and avoid litigation due to characterisation disputes”.

time to read

1 min

October 29, 2025

Financial Express Mumbai

Rate shocks in Asia are a sign of the times

SURPRISES GETA bad press in economics, unless they are nice,and those have been scarce oflate.Astring of monetary policy upsets indicate something is seriously offin Southeast Asia.

time to read

3 mins

October 29, 2025

Financial Express Mumbai

Industrial output grows 4% in Sept

- Manufacturing of consumer durables strong

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Scientists run climate ‘time machine’ as Brazil prepares for COP30 summit

DEEP IN BRAZIL'S Amazon, scientists have built a “time machine” pumping carbon dioxide into the rainforest canopy to simulate atmospheric conditions predicted for the future to gauge how the biome adapts — an open question to be discussed at the COP30 United Nations climate summit hosted by the country next month.

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Ranjana Desai will head 8th pay panel, report by Apr 2027

THE UNION CABINET on Tuesday announced the formation of the 8th Pay Commission, with Justice (retired) Ranjana Prakash Desai as its head.

time to read

1 mins

October 29, 2025

Financial Express Mumbai

The goal post has moved

INDIA'S DIGITAL MARKETING story is no longer confined to metro cities.

time to read

2 mins

October 29, 2025

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