Uber India Growth Slows, Losses Widen in FY25

Uber's India business reported a 2.3% revenue increase to Rs 3,849.2 crore in FY25, but operating losses surged to Rs 1,052.3 crore from Rs 84.8 crore, with net loss hitting Rs 1,511 crore.

Crocs Expands India Sourcing Despite US Tariffs

Crocs EVP Anne Mehlman states US tariffs did not deter sourcing from India, where the company has expanded to five factories. Lower tariffs now provide flexibility for broader sourcing, with India being a key market for supply chain diversification and re

Noida Medical Device Park to Get USFDA-ASCA Labs

Yamuna Expressway Authority partners with Accuprec Research Labs to establish ASCA-certified testing facilities at Sector 28 medical device park, enabling local product testing aligned with USFDA standards.

Sebi Approves Life Cycle Funds for Long-Term Goals

Markets regulator Sebi has permitted mutual fund houses to launch life cycle funds, offering retail investors a simplified 'set-and-forget' option for retirement and education planning with automatic portfolio rebalancing.

Gurgaon Homeowners File Police Complaint Over Complex Issues

Residents of The Melia in Sector 35, Gurgaon, have lodged a police complaint against the developer and management over electricity charges, power infrastructure, and a security incident, seeking uninterrupted supply and safety assurances.

TN Cabinet Clears Rs 31,500 Cr Projects, 61,521 Jobs

Tamil Nadu's state cabinet has approved financial incentives for 46 expansion and investment projects worth over Rs 31,500 crore, expected to generate 61,521 jobs across the state, ensuring balanced regional growth.

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