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After a dream run, Zoho- run Arattai loses traction on app stores in India

Business Standard

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October 27, 2025

After a dream run backed by a Made in India fervour for nearly two weeks, when Zoho-run messaging platform Arattai hit and sustained the No. 1 spot in downloads on Google Play Store, it has seen a sharp fall, letting Meta-run WhatsApp go ahead of its new rival once again.

- SURAJEET DAS GUPTA

However, it is the US-headquartered, artificial intelligence-based search engine application (app) Perplexity, cofounded by Aravind Srinivas and two others and already valued at $20 billion, that seems to have caught the fancy of Indians. It hogged the top slot from October 13 to date — except for one day when it dropped to No.2— and has shown consistent performance through September and October.

MEER VERHALEN VAN Business Standard

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‘Investor awareness becomes more important than ever’

Ananth Narayan G describes his three-year tenure as whole-time member of the Securities and Exchange Board of India (Sebi) as a privilege that allowed him to make an impact on a larger canvas.

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New currency of hard power

If China is an exporting superpower, America is an importing one. Mr Trump has turned what would usually be a liability into an asset

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Apple's India revenue hits new high in Sep qtr

Apple set an all-time revenue record in India for the September quarter, driven by strong iPhone sales, as the American technology giant’s overall sales revenue reached $102.5 billion globally.

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USFDA's new biosimilar norms to woo more players, fast-track mkt entry

The US Food and Drug Administration’s (USEDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies.

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Apple revenue tops $100 bn for first time

iPhone price hike drives record quarter

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Broking industry sees high growth on digital push

The Indian broking industry is passing through a lean patch after two years of rapid growth and expansion.

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Al-related stocks have more room to grow'

Artificial intelligence (AI)-related stocks have more room to grow, said Mark Matthews, managing director (MD) and head of research for Asia at Julius Baer during lunch on the sidelines of the Business Standard BFSI Insight Summit 2025 on Friday.

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'Al unlikely to replace humans in fin services'

Artificial intelligence, or AI, has had an influence in the way we invest in stocks. While it helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma, founder, GQuants, in a fireside chat with A K Bhattacharya. Edited excerpts:

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4 mins

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Vedanta net profit plunges 59% on exceptional losses

Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.

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Sebi chief stresses responsible tech use, stronger market resilience

The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.

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1 mins

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