DoorDash Plans to Buy Deliveroo and SevenRooms

DoorDash announced two deals worth billions of dollars on Tuesday, saying it has agreed to acquire Deliveroo, the British food delivery company, and SevenRooms, a platform used by hotels and restaurants to manage reservations and marketing. The acquisitions would enable DoorDash, the dominant food delivery app in the United States, to expand overseas and add…

Read More

India, UK forge Free Trade Agreement; PM Modi terms it ‘historic milestone’

PM Modi and Keir Starmer (File photos) NEW DELHI: In a significant boost to bilateral relations, India and the United Kingdom have successfully concluded a Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant milestone in their strategic partnership.The announcement was made by Prime Minister Narendra Modi following a conversation with his…

Read More

Paytm narrows loss to Rs 545 crore in Q4, revenue falls nearly 16%; operational profit, excluding ESOP costs, rises to Rs 81 crore

Paytm’s parent company One97 Communications reported a reduced consolidated loss of Rs 545 crore for the quarter ending March 31, 2025, helped by lower payment processing charges and employee benefit expenses. The results include a notional, non-cash loss of Rs 522 crore, comprising Rs 492 crore in ESOP expenses and Rs 30 crore in impairments,…

Read More

What does the India-UK FTA mean for India? Top benefits – from cheaper cars, whisky to cheer for Indian professionals

Officials have characterised the UK-India FTA as India’s most extensive agreement. (AI image) India-UK trade deal: Prime Minister Narendra Modi announced on X (formerly Twitter), the ‘historic milestone’ that India and the UK have achieved in concluding a Free Trade Agreement (FTA) between the two countries. The agreement is anticipated to be officially signed when…

Read More