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Swiggy (NSE: SWIGGY) Stock Slides 7% as Flipkart Food Delivery Entry and Foreign Ownership Cap Rattle Investors
Swiggy stock slid as much as 7% on Friday, hitting an intraday low of ₹242.51. Two separate developments triggered today’s sharp selloff in Swiggy shares. Swiggy’s board approved capping foreign ownership at 49.5%, down from 100%. Separately, Flipkart announced plans to enter food delivery within 30 days. Swiggy shares opened at ₹259.27, down from Thursday’s…
HSBC (LSE: HSBA) to Sell Singapore Insurance Unit for £1.6B, Signs 15-Year Allianz Partnership
HSBC agreed to sell its Singapore life and health insurance business to Allianz on July 24, 2026. The deal values HSBC Life Singapore at S$2.7 billion, or roughly £1.6 billion. It will also enter a 15-year exclusive bancassurance partnership with the German insurer. The transaction generates a pre-tax gain of $1.8 billion and lifts HSBC’s…
Meesho Q1 Results: Revenue Jumps 48% as Net Loss Narrows 54%
Meesho reported its Q1 FY27 results on Thursday, July 23, 2026, posting a 48.3% year-on-year jump in revenue to ₹3,713 crore. The consolidated net loss narrowed 54% to ₹132.8 crore, down sharply from ₹289.3 crore in the same quarter last year. Meesho’s net merchandise value climbed 34% year-on-year to ₹11,614 crore for the quarter ended…
Samsung Galaxy Z Fold 8 Launches With New Wide Design, Starts at $1,900
Samsung launches Galaxy Z Fold 8 with new 4:3 aspect ratio design at $1,900 USD, plus Z Fold 8 Ultra at $2,100. Pre-orders open July 23 in Australia with up to $1,100 in savings.
Crypto Prices Today: BTC +0.38% Above $65K, ETH +0.28%, XRP +0.08%, Solana +0.22%
On 23 July 2026, the cryptocurrency market moved slightly higher as Bitcoin gained 0.38% and stayed above the $65,000 mark. Ethereum, XRP and Solana also recorded modest gains, suggesting that buying interest remains steady across the major digital assets. Although price movements were limited, investors continue to track institutional demand, spot Bitcoin ETF activity and…
Macquarie Group Leadership Change: Shemara Wikramanayake to Step Down
Macquarie Group announced a major leadership change Thursday, July 23, 2026. CEO Shemara Wikramanayake will retire after eight years leading the firm. She steps down as Managing Director and CEO on 6 November 2026. Greg Ward, Macquarie Group’s Head of Banking and Financial Services, will succeed her. Ward officially takes over on 7 November 2026,…
India-Nepal Rail Cargo Service Launches: First Train Reaches Biratnagar July 21
First direct cargo train from Kolkata Port reaches Biratnagar, Nepal on July 21. Rail service cuts import costs 35-40% versus road, delivers goods in 24 hours under India-Nepal transit agreement.
Ukraine Strikes Wildberries Again: Russia’s Amazon Hit for Fourth Time in Days
Ukraine hit Wildberries warehouses for the fourth time in days on July 22, killing one and injuring 15. The attacks target Russia’s largest online retailer and alleged military logistics hub.
Crypto Prices Today: Bitcoin Tops $66,000 as ETF Inflows Reach Five-Day Streak Ahead of Fed Meeting
Crypto prices extended their rally Wednesday as Bitcoin held above $66,500. Bitcoin hit $66,400 Tuesday, its first move above $66,000 since June 17. That breakout came alongside five consecutive days of spot Bitcoin ETF inflows. Those inflows totaled $727.3 million, the longest streak since early May. Ethereum climbed toward $1,922 Tuesday, while Hyperliquid jumped 4.57%. …