Browsing Tag
Gurugram
75 posts
Why is Adidas cutting technology jobs in India while sales are growing 14%?
Adidas AG has reduced roles across its India technology organisation even as second-quarter sales reached a record €6.7 billion, highlighting a wider shift from rapid digital capacity building toward a leaner technology operating model.
Rays of Belief opens Rs 125cr IPO as 319-centre expansion puts profitability under scrutiny
Rays of Belief is seeking a roughly ₹500 crore valuation as it prepares to expand the Mom’s Belief neurodevelopmental-care network from 136 to 455 centres. Revenue more than doubled in FY26, but profit declined, leaving investors to decide whether the 319-centre expansion can create enough operating leverage to support a post-issue earnings multiple of about 101 times.
Why Zomato is cutting up to 300 support jobs as AI automation reaches 85%
Zomato is shutting its Hyderabad customer-support centre and eliminating an estimated 250–300 roles linked to third-party service providers as it consolidates operations in Gurugram and expands AI-led automation through Nugget, which reportedly has reduced support costs by 55%.
Indiabulls (NSE: IBULLSLTD) adds Rs 3,700cr Dwarka Expressway project
Indiabulls has signed a development-management agreement for a 10.84-acre Dwarka Expressway residential project carrying about ₹3,700 crore of GDV, taking its disclosed real-estate portfolio to ₹27,308 crore.
Godrej Industries (NSE: GODREJIND) maps Rs 20,000cr Haryana investment
Godrej Industries Group has signed an MoU for around ₹20,000 crore of future Haryana investment, with Godrej Properties accounting for ₹16,000 crore and Godrej Ventures another ₹3,500 crore.
Can Prestige Estates revive NCR momentum with a Rs 6,800cr two-project pipeline?
Prestige Estates Projects Limited plans two Delhi-NCR residential launches with nearly 8 million sq ft of development and ₹6,800 crore revenue potential, putting Noida and Gurugram at the centre of its next regional growth test.
Urban Company (NSE: URBANCO) jumps 13% as InstaHelp losses test rally
Urban Company jumped 13% despite a ₹92 crore loss. The real test is whether InstaHelp can scale without consuming its profitable core.
Maruti Suzuki India (NSE: MARUTI) faces margin test after record July sales
Maruti Suzuki hit record July sales, but Q1 profit fell 11%. The next test is whether higher capacity can restore margins without slowing demand.
Urban Company (NSE: URBANCO) doubles InstaHelp peak orders in five months
Urban Company’s rapid-housekeeping platform has doubled its peak daily orders in about five months, strengthening its category lead while intensifying questions around pricing, retention and unit economics.
Eleven Power plans Rs 4,717cr parallel electricity network for Gurugram and Nuh
Eleven Power says first-phase funding is secured for a renewable-led distribution network across Gurugram and Nuh. The licence, however, still depends on a regulatory review of financing, universal service obligations and the impact on Haryana’s existing power system.