Online food delivery platform Zomato on Wednesday reported widening of its consolidated net loss to Rs 434.9 crore for the quarter ended September 30, 2021, mainly on account of investments in the growth of its food delivery business.

The company had posted a net loss of Rs 229.8 crore for the corresponding period of the previous fiscal, Zomato Ltd said in a regulatory filing.

Cloud service provider Oracle on Wednesday said it was partnering with Indian telecoms group Bharti Airtel's data centre unit in an expansion push that will widen the U.S. company's customer access in one of its fastest-growing markets.

The partnership with Airtel Nxtra will help Oracle, which runs a cloud region in financial capital of Mumbai and another in the southern tech hub of Hyderabad, expand the capacity of its India West region, said Garrett Ilg, President, Oracle Japan and Asia Pacific.

Ever since the COVID-19 pandemic hit the world, international travel has become a hassle, with each country having a different set of norms and quarantine guidelines. A recently announced new rule will now help Indian travelers going overseas make the trip without any problems.

Union Health Minister Mansukh Mandaviya recently announced a piece of good news for all international travelers from India.

FSN E-Commerce Ventures (Nykaa) made a strong stock market debut, with its shares listing at Rs 2,018, a 79 per cent premium over its issue price of Rs 1,125 per share, on the National Stock Exchange (NSE) on Wednesday. On the BSE, the stock opened at Rs 2,001, a 78 per cent premium against the issue price. Post listing, shares of Nykaa scaled a high of Rs 2,129, up 89 per cent versus the issue price.

The strong listing saw Nykaa's market capitalisation (market-cap) cross Rs 1-trillion mark and enter the top-60 most valuable companies on the BSE.

The market regulator has sent notices to top executives of the National Stock Exchange (NSE) for a glitch that halted trading on February 24, the 'Economic Times' reported on Wednesday citing unnamed sources.

It is the first time that the Securities and Exchange Board of India (Sebi) has held exchange employees personally liable for trade disruptions, the paper said.

The Inox Group will split between brothers Pavan and Vivek Jain in an amicable family settlement for the century-old business, multiple news reports said on Wednesday.

Pavan Jain gets Inox Leisure, India's second-largest multiplex company, and Inox Air Products. Vivek, his younger sibling, gets speciality chemicals and green energy businesses Gujarat Fluorochemicals, Inox Wind, and Inox Wind Energy, said the 'Economic Times'.

Indian digital healthcare platform PharmEasy filed on Wednesday for an initial public offering (IPO) of up to 62.50 billion rupees ($842.43 million), becoming the latest startup in the country to pursue a domestic stock listing.

The company provides health services ranging from teleconsultation to radiology tests to home delivery of medical products and devices.

The Central Reserve Police Forces (CRPF) on Tuesday said that a total of 13 cases of fratricidal killings have occurred since 2018 till date, leaving 18 personnel dead.

This includes the deaths of six CRPF jawans in the incident that took place in Chhattisgarh on Monday.

Shares of Mahindra & Mahindra (M&M) were up 3 per cent at Rs 919.80 on the BSE in Wednesday’s intra-day trade, surging 7 per cent in past two trading days after the company reported an over eight-fold increase in its standalone profit after tax (PAT) at Rs 1,432 crore for the second quarter ended September 30, 2021 (Q2FY22), on the back of robust sales. It had posted a standalone PAT of Rs 162 crore in Q2FY21.

The company’s revenue for the second quarter rose by 15 per cent to Rs 13,305 crore as against Rs 11,590 crore in the year-ago period.

The ruling BJP won 112 out of the total 334 seats uncontested in the civic body polls in Tripura, an official of the state Election Commission said on Tuesday.

Monday was the last day for withdrawal of nominations, and the date of scrutiny had been fixed on November 5, the official said.

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