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Swiggy is choosing profitability over aggressive expansion as competition in India’s quick-commerce market intensifies, with rivals such as Flipkart, Amazon and Reliance Retail investing heavily to cut delivery times and attract consumers through discounts. Sriharsha Majety, the CEO of Swiggy, has chosen not to compete with rivals in a race to deliver goods in a matter of minutes over a larger geographic area, according to a Bloomberg article. Rather, the company is concentrating on increasing unit economics and keeping high-value clients, even if this means slower customer acquisition in the near future. The plan is implemented in the midst of…

The Ferrari Luce, the company’s first electric vehicle, has been formally launched. The supercar manufacturer has also introduced a five-seat option for the first time with the new EV, going beyond its customary two- or four-seat configurations. The Italian luxury automaker brought together several major players in the industry to build the new vehicle. Renowned designer Marc Newson and former Apple chief designer Jony Ive collaborated on the car’s design. Ferrari has also used Samsung’s cutting-edge OLED display technology in its futuristic cockpit. Therefore, in addition to Ferrari’s longstanding heritage of performance and luxury, the Luce also contains the DNA…

The central government announced the Liquefied Petroleum Gas (Regulation of Supply and Distribution) Amendment Order 2026 on Monday in an effort to give domestic LPG users who later acquire PNG connections more leeway and convenience. LPG Customers With PNG Connections Get More Flexibility LPG customers with PNG connections may request to terminate their LPG connection under the new conditions within 30 days of acquiring a PNG connection. Customers may receive a transfer voucher for future LPG connection restoration in a non-PNG area, according to an official statement from the ministry of petroleum and natural gas. Amendment To Benefit Migrants, Students,…

The largest single-location battery storage deployment outside of China has been completed, according to Adani Green Energy Ltd. (AGEL), with the commissioning of a cumulative 3.37 gigawatt-hour (GWh) Battery Energy Storage System (BESS) at Khavda, Gujarat. With the most recent commissioning, 1.37 GWh further capacity was added in March 2026, bringing AGEL’s total operating battery storage capacity at Khavda to 3.37 GWh. According to the firm, the project was finished ten months after construction started. Extension of Battery Storage Capacity The BESS project has been implemented at Khavda, Gujarat, where AGEL is building a 30 GW renewable energy plant by…

After being discontinued in India in January 2023, BMW India has begun accepting pre-launch reservations for its future BMW X6 M60i xDrive, which is scheduled to return to the nation after a three-year break. On May 22, BMW began accepting pre-launch reservations for this high-end coupe SUV. Reservations for the future X6 can be made online on the company’s official website or at any authorized BMW India dealership. BMW is anticipated to release the X6 M60i’s price in India shortly. It might cost approximately ₹1.50 crore (ex-showroom). The Audi SQ8, Mercedes-AMG GLE Coupe, and Porsche Cayenne Coupe are some of…

-by Jaya Pathak Parag Agrawal’s return to the centre of Silicon Valley’s capital conversation says as much about the market’s hunger for new infrastructure bets as it does about one founder’s ability to move past a bruising public chapter. Palo Alto -based Parallel Web Systems 2nd $100 million in CDB funding at a valuation of $2 billion. It is a notable jump for a company which is still in its early commercial track record.  Led by second quoya capital, the round signals investors daughter teasers which is the web design for human browsing won’t be enough as software agents increasingly…

According to reports, Samsung is preparing for its upcoming Galaxy Unpacked event, where it is anticipated to present its upcoming foldables, such as the Galaxy Z Fold 8 and Galaxy Z Flip 8. Although Samsung hasn’t released any official information on these devices yet, a number of rumors and leaks have already given us an idea of what the future book-style foldable could have to offer. The Samsung Galaxy Z Fold 8’s anticipated launch date, price in India, camera, display, and other details are all included below. The anticipated launch date and pricing of the Samsung Galaxy Z Fold 8…

Oil marketing companies (OMCs) raised the price of petrol and diesel by Rs 2.61 per liter and Rs 2.71 per liter on Monday, the fourth increase in less than two weeks since the start of the Iran war. Since fuel price adjustments resumed on May 15 following a protracted freeze, the total hikes in petrol and diesel prices have reached about Rs 7.5 per liter with the most recent review. Fuel Prices Rise Sharply In Delhi Following the most recent revision, petrol prices in Delhi went up to Rs 102.12 per litre from Rs 99.51, while diesel prices went up…

Senior executives at enterprise automation company UiPath have refuted concerns that artificial intelligence (AI) could replace India’s sizable developer workforce, claiming that coding bots will increase rather than decrease demand for programmers even as they transform positions across the industry. Speaking at UiPath DevCon Bengaluru 2026, South Asia Area Vice President DebDeep Sengupta and BW Businessworld Chief Technology and Product Officer Raghu Malpani stated that AI agents were boosting software output and problem-solving capability, doubling India’s significance as a long-term engineering hub despite a wider global reorganization of the tech industry. Jevons Paradox, Not Job Loss Malpani explained the impact…

Delhi International Airport To Expand Terminal 3 Under Long-Term Infrastructure Plan As part of its long-term infrastructure plan, Delhi International Airport intends to significantly expand Terminal 3 (T3), which could potentially result in the phase-out of Terminal 2 (T2) by 2033. The construction of a new Pier E at T3, which is anticipated to accommodate over 12 million passengers a year—nearly equal to T2’s existing capacity—is part of the proposed expansion. Domestic flight operations currently managed at T2 will probably be completely moved to the enlarged T3 facility once it is operational. Terminal 2 May Continue Operations For Another Six…