In a week charged with political buzz, the BJP government came back to power after a stormy election, but without a full majority that left it dependent on the whims of its alliance partners. Unnerved, the markets went into a tailspin on counting day, with both benchmark indices, Sensex and Nifty50, dropping 8% intraday. They recovered a day later as hopes of a stable government revived.
Welcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week weve wrapped up another compelling quarterly earnings season for listed new-age companies from Zomato and Delhivery to Paytm and PB Fintech.
The launch comes a year after job search portal Monster transformed into foundit and signifies the company's aim to go beyond solving problems and build for the future.
The US bankruptcy court has ordered financial penalties to be imposed on Riju Ravindran, with the specific amount to be decided in a subsequent hearing.