Zomato’s Mixed Quarter: GST Eats Into Growth Momentum
Eternal Ltd, the parent company of Zomato, reported a mixed performance in Q2FY26 as the food delivery major grappled with the impact of the new 18% GST on delivery charges. While the company’s quick commerce arm Blinkit continued to gain traction, the new tax regime dampened consumer appetite for delivery orders. CFO Akshant Goyal admitted that the pass-through of GST to customers created some resistance in spending. Despite these headwinds, Zomato maintained optimism about festive-quarter recovery, banking on Blinkit’s rapid expansion and deeper penetration in Tier 2 cities to offset the slowdown in core delivery growth.
Virat Kohli Hands Over Power of Attorney for ₹80 Crore Gurugram Home
Cricket superstar Virat Kohli has handed over the General Power of Attorney (GPA) for his plush ₹80 crore Gurugram bungalow to his elder brother, Vikas Kohli. The sprawling property in DLF City Phase-1 is among the most luxurious homes in Delhi-NCR. Sources close to the family said the decision was a matter of convenience, as Kohli, currently living in London with wife Anushka Sharma and their children, wanted to ensure smooth handling of legal and maintenance matters. The arrangement allows Vikas to manage all property-related affairs seamlessly while the star batsman continues his global commitments.
Zerodha’s Nithin Kamath Falls for Phishing Trap
In a candid confession that’s sending ripples through India’s tech community, Zerodha co-founder and CEO Nithin Kamath revealed his personal X (formerly Twitter) account was briefly hacked after he clicked on a phishing email. Calling it a “momentary lapse in attention,” Kamath admitted the incident was a wake-up call on the sophistication of modern cyber scams. The breach, although quickly contained, reignited conversations about the human element in cybersecurity — emphasizing that even industry leaders are vulnerable. Experts noted that this underscores the need for better employee training, awareness programs, and smarter digital hygiene practices across organizations.
Samsung Bets on India for Next-Gen AI Chips
Samsung is betting big on artificial intelligence — and India is taking center stage in that vision. The South Korean tech giant has launched an aggressive hiring spree to scale up its Bengaluru R&D center into a global hub for AI semiconductor design. This strategic expansion aligns with India’s ambitions to become a key player in the global chip manufacturing ecosystem. By tapping into the country’s engineering talent and government-backed semiconductor initiatives, Samsung aims to accelerate the development of high-performance, energy-efficient AI chips that can power the next generation of smart devices and autonomous technologies.
The Young and the Bold: Hurun’s Under-35 Titans of Indian Business
The Avendus Wealth–Hurun India Under 35 List has spotlighted 155 young entrepreneurs redefining the Indian business landscape. Names like Ritesh Agarwal (OYO), Isha Ambani (Reliance Retail), Vidit Aatrey (Meesho), and Harshil Mathur (Razorpay) headline this power-packed list. Together, these young leaders employ over 7.67 lakh professionals, highlighting their immense contribution to India’s job economy. Interestingly, Reliance Retail alone, under Isha Ambani’s leadership, employs 2.47 lakh people — the largest within the cohort. The list serves as a reminder that India’s new-age entrepreneurs aren’t just building startups; they’re shaping the future of enterprise itself.
Flipkart Hit by ₹1.21 Crore iPhone Heist Before Big Billion Sale
Just days before Flipkart’s mega “Big Billion Sale,” a major theft has shaken the ecommerce giant’s logistics network. Goods worth ₹1.21 crore — including 221 brand-new iPhones — disappeared from a truck en route to Flipkart’s warehouse in Khanna, Punjab. Police have called it one of the most meticulously planned heists in the region’s recent history. Investigations suggest insider involvement, as the culprits executed the theft without leaving major traces. The incident has sparked discussions about tightening ecommerce supply-chain security, especially during high-stakes festive sales when logistics networks operate at peak capacity.
