Diwali 2024 is being debated for its celebration date, with many astrologers suggesting October 31 for Lakshmi Puja. Schools are planning holidays on both days, and the festival represents the victory of light over darkness.
Jayde Powell, a social media strategist, made Rs 22.70 lakh in a year through brand partnerships on LinkedIn. She shifted her focus from traditional platforms and turned her corporate experience into engaging posts, which led to significant income and the launch of her agency, The Em Dash Co.
Andhra Pradesh will give out three free LPG cylinders each year starting this Deepavali, with a budget of ₹2,700 crore. This plan follows a promise made during the elections and includes a cash refund option for people who already paid for their cylinders. The Cabinet also removed GST on free sand supply and talked about celebrations for the state’s formation day, while planning to upgrade a local hospital.
Citi has upgraded One97 Communications’ shares to “buy” and set a price target of ₹900, showing a 22% potential increase. However, this target is still much lower than the IPO price of ₹2,150.
Blinkit, a quick delivery service, has launched its Sellers Hub, letting brands sell directly on the platform. Right now, over 200 brands can use it, with more on the way. This step helps Blinkit compete with big online retailers. Zomato, which owns Blinkit, has also raised its platform fee, showing the growth in quick delivery services.
Rapido has teamed up with IndoFast Energy to roll out 10,000 Piaggio electric vehicles with swappable batteries across India. This plan includes setting up over 300 battery swapping stations in Hyderabad and Bangalore by December 2024, making travel more sustainable in these big southern cities.
Zomato has raised its platform fee for food to Rs 10 during the festive season, and Swiggy is doing the same. This change comes as more people are ordering food for celebrations.
Nithin Kamath, the founder of Zerodha, talks about how important it is to manage risk for lasting success in trading. He shares advice from market expert Tom Basso, who believes that keeping an eye on risk is crucial for making profits. Kamath encourages traders to stay aware and disciplined to dodge common mistakes.
In Q2 FY25, Blinkit’s revenue jumped to INR 1,156 Cr, more than doubling from last year. The company reported a 122% rise in gross order value to INR 6,132 Cr. However, its adjusted EBITDA loss grew to INR 8 Cr from INR 3 Cr. Blinkit plans to have 2,000 dark stores by FY26, adding 152 stores in this quarter.
Delhi LG V.K. Saxena told the Supreme Court he regretted the unauthorized cutting down of trees in the Ridge area, claiming he didn’t know permission was needed. The Supreme Court is looking for answers from DDA officials involved in this situation.