Business

Swiggy Shares Tumble 8% as Q3 Net Loss Widens to ₹1,065 Crore Despite Revenue Surge

Shares of Swiggy Limited witnessed a sharp decline on Friday, dropping nearly 8% to an intraday low of ₹302.15 on the NSE. The sell-off followed the company’s Q3 FY26 earnings report, which revealed a widening consolidated net loss, sparking...

Paytm Swings to ₹225 Crore Profit in Q3; JioMart Emerges as India’s #2 Quick Commerce Giant

The Indian digital landscape is witnessing a seismic shift as Paytm marks its third consecutive profitable quarter and JioMart rockets to the second spot in the hyper-competitive quick commerce race. According to latest Q3 FY26 filings, Paytm (One97 Communications)...

Reliance’s JioStar Reports Historic ₹8,010 Crore Revenue in Q3 FY26

Reliance Industries Limited (RIL) has announced a powerhouse performance for its media and entertainment arm, JioStar, for the third quarter of the 2026 fiscal year. Driven by a massive surge in digital engagement and a dominant share in the...

Dinesh Kumar Khara to Chair Jury for 30th BT-KPMG Best Banks Awards

Business Today has officially announced a high-powered jury for the landmark 30th edition of the BT-KPMG Best Banks study. Chaired by Dinesh Kumar Khara, former Chairman of the State Bank of India (SBI), the distinguished panel is set to...

Network18 Defies Industry Slump with 5% Revenue Growth in Q3 FY26

India’s leading media conglomerate, Network18, has reported a resilient financial performance for the third quarter of FY26. Despite a challenging macro advertising environment where the broader TV news industry saw a 10% year-on-year decline in inventory demand, Network18 posted...

AI and Streaming TV to Drive Amazon Ads Growth in 2026

Amazon Ads has unveiled its strategic vision for 2026, identifying Agentic AI, full-funnel retail media, and the "performance era" of streaming TV as the primary catalysts for advertising growth. The company anticipates a transformative year where advanced automation and...

Amagi Media Labs Launches $199 Million IPO to Fuel AI and Cloud Expansion

Indian cloud-tech pioneer Amagi Media Labs officially launched its $199 million Initial Public Offering (IPO) yesterday, marking a strategic pivot toward AI-driven broadcasting and global streaming distribution. Backed by private equity giant General Atlantic, the Bengaluru-based firm is positioning...

Ykone and Mirror Mirror Merge to Launch ‘One’ Integrated Global Group

Global influencer marketing titan Ykone has officially announced a strategic merger with the renowned Paris-based creative production house Mirror Mirror. This union forms a new, full-service integrated group named ‘One’, creating a powerhouse designed to dominate the luxury and...

Paramount Sues Warner Bros Discovery Over $82.7 Billion Netflix Deal

In a major escalation of the battle for Hollywood supremacy, Paramount Skydance has filed a lawsuit against Warner Bros Discovery (WBD) in the Delaware Chancery Court. The legal action, led by Paramount CEO David Ellison, demands full transparency and...

Disney to Shut Down Standalone Hulu App in 2026: Strategy for Unified Streaming

The standalone Hulu app is officially entering its sunset phase as The Walt Disney Company prepares to fold the service entirely into Disney+. This massive streaming overhaul, set to begin in February 2026, marks a historic pivot in Disney's...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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