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BusinessPhoto: ET MarketsSwiggy's shares fell 16.4% to ₹176.70, hitting a record low. The decline highlights concerns about cash burn and profitability in its quick-commerce business. Analysts are questioning Swiggy's strategy and execution after its market debut, as widening losses in the quick-commerce segment raise doubts about the company's overall performance.
ET Markets·
HealthPhoto: NDTV WorldA joint Chinese-Russian medical team performed the world's first spinal cord transplant on a paralysed patient in Moscow. The 12-hour surgery replaced a damaged spinal cord section with tissue from a brain-dead donor using microsurgery and polyethylene glycol to fuse cell membranes. The patient had been paralysed for three years. The operation took place at the Sklifosovsky Research Institute for Emergency Medicine.
NDTV World··Moscow
PoliticsPhoto: NDTV WorldUnion Minister Piyush Goyal criticized CJP leader Abhijeet Dipke while addressing Indian science and technology students in Berlin. He discussed government-funded programs aimed at attracting Indian talent back from abroad, comparing them to China's state-sponsored initiatives. Goyal highlighted differences between democracy and dictatorship, warning against misuse of such programs in India and responding to potential criticism from figures like Dipke.
NDTV World··Berlin
EntertainmentPhoto: HT EntertainmentRajinikanth's Jailer 2, directed by Nelson Dilipkumar, has crossed ₹600 crore worldwide, entering the top 20 highest-grossing Indian films. The film earned ₹348.85 crore net domestically in nine days and $23 million overseas, totaling ₹628 crore globally. It surpassed blockbusters like Prabhas' Salaar and Salman Khan's Sultan, despite a slowdown after the Dussehra festival.
HT Entertainment·
PoliticsPhoto: NDTV WorldFormer CIA Director David Petraeus said traditional warfare with tanks and infantry cannot survive modern battlefields dominated by drones. Speaking at the NDTV World Summit, he emphasized the need for revolutionary institutional change in militaries worldwide, beyond routine upgrades. Petraeus, who has visited Ukraine multiple times since the war began, noted legacy combat formations have been wiped out, marking the most profound change in warfare in our lifetimes.
NDTV World·
TechnologyPhoto: Mint CompaniesCasio has introduced five new G-Shock GMC-2500 watches featuring metal and resin straps, magnetic shock-resistant minute hands, and 200-meter water resistance. These watches include an analogue display, stopwatch, and offer a two-year battery life. Prices in Japan range from 37,400 yen to 49,500 yen. Availability in India was also announced.
Mint Companies·
ET Markets·
Photo: ET MarketsSwiggy's shares fell 16.4% to ₹176.70, hitting a record low. The decline highlights concerns about cash burn and profitability in its quick-commerce business. Analysts are questioning Swiggy's strategy and execution after its market debut, as widening losses in the quick-commerce segment raise doubts about the company's overall performance.
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