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BusinessPhoto: ET TechSwiggy CEO Sriharsha Majety stated that while rival Blinkit has a stronger business momentum, Swiggy's priority is to build a stable and resilient business with a clear path to EBITDA zero. He emphasized that Swiggy will not use cash reserves to open new fronts just because funds are available, focusing first on fundamentals before considering expansion.
ET Tech·
PoliticsPhoto: HT WorldRussian President Vladimir Putin stated that future negotiations to resolve the Ukraine war should prioritize security guarantees for both Russia and Ukraine, as well as a broader European security framework. After meeting US envoy Steve Witkoff, Putin confirmed Russia's readiness to resume US-mediated talks next month. He emphasized seeking a lasting peace, not just a temporary ceasefire.
HT World·
EntertainmentPhoto: TOI EntertainmentJudi Dench, aged 91, has disclosed that worsening eyesight due to age-related macular degeneration has made it impossible for her to act on stage, in films, or even read. On BBC Radio 4’s Today programme, the Oscar-winning actress said she struggles to recognize faces and missed seeing bluebells this summer, highlighting the daily challenges she faces since her 2012 diagnosis.
TOI Entertainment·
PoliticsPhoto: HT WorldCorey Lewandowski, former campaign manager for Trump and aide to DHS head Kristi Noem, is reportedly under investigation by the Department of Justice for alleged misconduct during his DHS tenure. The DOJ probe follows a criminal referral from the DHS inspector general concerning contract malpractices. Lewandowski's attorney says they have not been contacted by the DOJ, and no criminal charges have been made yet.
HT World·
EntertainmentPhoto: News18Hi EntertainmentAt an event in Mumbai, actress Kunika Sadanand expressed anger over a minister's rude behavior towards singer Daler Mehndi. She praised Mehndi's personality and legacy, criticizing many current leaders for lacking civility. Kunika stated that paying 35 lakh rupees does not give anyone the right to insult others.
News18Hi Entertainment··Mumbai
PoliticsPhoto: Amar UjalaThe Supreme Court criticized the misuse of the SC-ST Act, stating that business disputes like loan recovery should not be framed as caste-based atrocities. The court emphasized that criminal cases require concrete caste-based insult allegations. A bench led by Justices JB Pardiwala and K. Vinod Chandran quashed a 2019 FIR against State Bank of India officials in Hyderabad, filed by company director Y Rajshekhar, who accused bank staff of caste discrimination and fraud after the company's loan accounts became NPAs in 2016.
Amar Ujala··Hyderabad
ET Tech·
Photo: ET TechSwiggy CEO Sriharsha Majety stated that while rival Blinkit has a stronger business momentum, Swiggy's priority is to build a stable and resilient business with a clear path to EBITDA zero. He emphasized that Swiggy will not use cash reserves to open new fronts just because funds are available, focusing first on fundamentals before considering expansion.
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