Zepto’s IPO is a public-market test of speed, scale... & burn?
The UDRHP shows a company with 640 million annual orders, 1,139 stores and ₹22,624 crore of FY26 revenue. It also shows adjusted EBITDA losses above ₹5,000 crore and an ownership structure still anchored by founder trusts and venture backers.
Persistent Just Made the Biggest Acquisition in Its History. So why did it plunge 11% in a Day?
Persistent Systems' €1.27 billion bid for Germany's Nagarro should have strengthened its position in Europe. Instead, investors erased nearly the same amount from its own market value in a single trading session. The question isn't whether the deal is strategic. It's whether Persistent paid too much for it. For most companies, announcing the largest acquisition in their history is usually a reason to celebrate. It signals ambition, opens new markets and tells investors management is thinking
Indian IT Has Already Chosen Its AI Strategy. Sell the Transformation Instead of Fighting It.
Investors feared AI would disrupt Indian IT. Instead, Infosys, TCS and Wipro have deployed over 300,000 Microsoft Copilot licences in under six months, while TCS's $2.3B annualised AI business shows AI is becoming a powerful new revenue engine.
Inside the Byju's postmortem: what the numbers always said
From a $22 billion valuation to insolvency, Byju's collapse is now fully documented in belated filings and NCLT records. The warning was always in the numbers.
The RBI is not the Fed — and that's the point
Markets keep reading Mint Street through a Washington lens. But the RBI has one mandate to the Fed's two, targets a different metric, and in 2025 cut while the Fed held. The divergence is structural.
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The week that mattered.
The five stories you needed to read, the data point of the week, and what to watch. From the Business Index editors. No ads, no fluff.