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Swiggy losses swell, to raise ₹10k cr via QIP

The New Indian Express Shivamogga

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October 31, 2025

FOODTECH firm Swiggy announced on Thursday that it will consider raising ₹10,000 crore in the board meeting of November 7 through a qualified institutional placement (QIP).

- ENS ECONOMIC BUREAU @ New Delhi

It reported a net loss of ₹1,092 crore for the quarter ended September 2025 (Q2FY26),as against ₹626 crore loss it reported in the year-ago period.

FLERE HISTORIER FRA The New Indian Express Shivamogga

The New Indian Express Shivamogga

B'luru lad's AI-powered BirdRover collects data for conservation

SEVENTEEN-year-old Bengaluru innovator Hridank Bhagath has transformed a childhood curiosity into conservation technology.

time to read

1 min

October 31, 2025

The New Indian Express Shivamogga

BSNL achieves 93% revenue target in Q2 at ₹5,347 crore, says Scindia

STATE-owned Bharat Sanchar Nigam Limited (BSNL) achieved a 93% revenue run rate in Q2, with collections of ₹5,347 crore against a target of ₹5,740 crore, said the Minister of Communication Jyotiraditya Scindia on Thursday.

time to read

1 mins

October 31, 2025

The New Indian Express Shivamogga

Why should I get abuse alone, bemoans Gadkari

“WHY should I get the abuse alone” for the poor state of roads, Union Minister for Road Transport and Highways Nitin Gadkari asked on Thursday, stressing that the purpose of installing QR-coded signboards with the names and contact details of contractors, officials, and engineers on national highways is to let users know who is specifically responsible for their condition.

time to read

1 min

October 31, 2025

The New Indian Express Shivamogga

DEBATE & DISSENT, THE INDIAN WAY

NDIA is often praised for its spirituality, poetry, and devotion. What is less known, and usually deliberately forgotten, is that it also built one of the world’s strongest cultures of reasoning.

time to read

3 mins

October 31, 2025

The New Indian Express Shivamogga

India's singles bid ends, holder Linda stunned

WITH Sahaja Yamalapalli and Shrivalli Bhamidipaty bowing out in the Round of 16, the Indian challenge in the singles category of the Chennai Open ended on Thursday.

time to read

1 mins

October 31, 2025

The New Indian Express Shivamogga

Trump-Xi

TALKS SUCCESSFUL, 10% TARIFF DOWN. TIME FOR INDIA TO WRAP UP ITS PACT

time to read

1 min

October 31, 2025

The New Indian Express Shivamogga

MEIL buys 250-mw TN power unit

MEIL Energy, a wholly-owned subsidiary of Megha Engineering & Infrastructures, has acquired 100% stake in Taqa Neyveli Power Company from Abu Dhabi National Energy Company, for reported 387 million dirhams, or about ₹926 crore.

time to read

1 min

October 31, 2025

The New Indian Express Shivamogga

Canada will release stamp to honour service of Sikh soldiers in armed forces

‘THE Canadian government will release a commemorative stamp on Sunday during the 18th Annual Sikh Remembrance Day to honour over 100 years of service by Sikh soldiers in the Canadian armed forces.

time to read

1 mins

October 31, 2025

The New Indian Express Shivamogga

Mahadevappa, George face off at cabinet meet

THE cabinet meeting on Thursday witnessed a spat between Social Welfare Minister Dr HC Mahadevappa and energy minister K J George over the diversion of SCSP/TSP grants to fund the guarantees schemes.

time to read

1 min

October 31, 2025

The New Indian Express Shivamogga

6-mth US curbs waiver on Chabahar

THE US has granted India a six-month waiver from sanctions on the strategically significant Chabahar Port project in Iran, External Affairs Ministry confirmed on Thursday.

time to read

1 min

October 31, 2025

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