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Retail Investor Shareholding In Ola Electric Jumps To Near 30% In Q3

While EV marker Ola Electric has been plagued by losses, declining market share in the two-wheeler EV segment, regulatory scrutiny, and falling share prices for the past year, retail investors seem to be betting on a revival in the company’s fortunes.  According to its shareholding data, the stake of retail investors in the company rose to 29.74% at the end of December quarter of 2025 (Q3 FY26) from 25.25% at the end of September quarter (Q2 FY26). The rise in shareholding was even more stark when compared to Q3 FY25, when retail investors held a 12.43% stake in Ola Electric. Retail investors holding nominal share capital of up to ₹2 Lakh held a 21.21% stake in Ola Electric at the end of Q3 FY26, up from 17.33% in the preceding quarter and more than double of 9.85% stake held by them in Q3 FY25. Meanwhile, large retail investors with a nominal share capital of over ₹2 Lakh had a 8.53% stake in the EV maker at the end of December 2025 as against 7.92% at the end of September quarter and 2.58% at the end of December 2024. It is pertinent to note that shares of Ola Electric crashed nearly…  ​Read MoreInc42 Media

US trade deal with Bangladesh sparks concerns, but experts say India’s textile edge still intact

While the zero-duty provision in the US–Bangladesh textile agreement has unsettled Indian exporters, former diplomats and industry leaders argue that capacity constraints, higher input costs and logistical disadvantages in Bangladesh could blunt its real-world impact, even as India retains leverage in ongoing trade negotiations with Washington.​Read More

Bertelsmann Acquires LetsTransport To Operate It Under Its Buy-and-Build Unit

German venture capital (VC) firm Bertelsmann Investments (BI) has acquired a majority stake, 80% to be precise, in its portfolio truck aggregator startup LetsTransport, with an intent to build and scale the startup as its first India based majority-owned, founder-led operating business. The firm didn’t disclose the size of the deal. In a statement, BII said that the deal would allow it to support LetsTransport by providing them access to long-term capital and governance support, as well as enabling access to Bertelsmann’s global network. With the deal, LetsTransport will become a part of Bertelsmann Next growth unit of BI. This marks the launch of Bertelsmann’s acquisition-oriented investment arm, Bertelsmann Next, in India. The buy-and-build investment unit within Bertelsmann Investments was created in 2022 as a dedicated division to accelerate entrepreneurial development in key growth sectors. Under this structure, LetsTransport will expand beyond a typical VC holding to become a core operating business within a dedicated “anchor investment” strategy, while founders continue to lead daily operations. Post the acquisition, the logistics startup will be renamed to LetsTransport Group (LTG). While the founders will remain in full operational leadership, BI’s managing director Pankaj Makkar will become the chairman of LTG’s board.  “LetsTransport…  ​Read MoreInc42 Media

Supertails raises $30 million to bring 30-minute pet deliveries, more veterinary clinics across India

Supertails is betting $30 million on super-fast deliveries, expanding veterinary clinics, and using tech to offer personalised care, aiming for ₹1,000 crore revenue in coming years.​Read More

Centre Notifies IT Rules Amendment to Regulate AI-Generated Content

The Central government has amended the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 to formally bring AI-generated content within India’s regulatory ambit. The amendments, notified by the Union Ministry of Electronics and Information Technology (MeitY) today, will come into effect from February 20.  The amended rules, Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2026, introduce a definition of “synthetically generated information”, which covers audio, visual or audio-visual content that is modified or altered using computer resources in a manner that appears real or authentic and is likely to be perceived as indistinguishable from a natural person or real-world event. The changes place fresh responsibilities on social media platforms and online intermediaries that allow users to create or share such content. Platforms will now have to clearly label AI-generated content and ensure users can easily identify it as “synthetically generated”. Intermediaries that enable the creation or dissemination of such content would be required to ensure that it is clearly and prominently labelled as synthetically generated. The amendments substantially reduce enforcement and grievance redressal timelines under Rule 3 of the IT Rules. Compliance with lawful takedown directions has been shortened from 36 hours to 3…  ​Read MoreInc42 Media

IndiQube Q3: Loss Widens 25% YoY To ₹17 Cr

Coworking space provider IndiQube posted yet another loss-making quarter, with its loss widening 25% to ₹17.1 Cr in Q3 FY26 from ₹13.7 Cr in the year-ago quarter. However, the company managed to trim its loss by 43% from ₹30 Cr in the preceding September quarter. Operating revenue surged 45% YoY and 11% QoQ to ₹389.9 Cr. Including other income of ₹21.2 Cr, total income for the quarter stood at ₹411.1 Cr. IndiQube said that it reported its best quarterly revenue in the quarter. Meanwhile, total expenses grew 39% YoY to ₹434.2 Cr. The company received a tax credit of ₹6 Cr during the quarter under review. In its statement, the company claimed that its net profit for the quarter stood at INR 40 Cr, as per IGAAP, with an EBITDA of INR 81 Cr and EBITDA margin of 21%. It added that the variance between Ind AS and IGAAP-equivalent reporting arises mainly from non-cash accounting impacts, primarily on account of Ind AS 116, such as depreciation on right-of-use (ROU) assets and interest on lease liabilities. “These adjustments are purely accounting in nature and do not affect the company’s underlying operating strength. IndiQube’s core business continues to demonstrate robust profitability and…  ​Read MoreInc42 Media

CaratLane Q3: Revenue Jumps 42% YoY to ₹1,537 Cr

Titan Company-owned jewellery brand CaratLane has reported a revenue of ₹1,537 Cr for the third quarter of the current financial year (Q3FY26), up 42% from ₹1,117 reported in the same quarter previous year. On a sequential basis, revenue grew 43% from ₹1,072 Cr. The brand’s EBIT (earnings before interest and taxes) grew about 53% to INR 200 Cr from INR 109 Cr in Q3 FY25. EBIT margin grew 287 bps to 13% from 10.1% in the year-ago quarter. Titan noted that its jewellery portfolio, which includes CaratLane, delivered an overall “blockbuster” quarter, elevated by a festive season boost to sales. The company attributed the robust growth across its jewelry catalogue to strong exchange programme, wedding demand, festive collections and attractive coin offers, which sustained momentum through the quarter despite elevated gold prices. Additionally, CaratLane’s studded portfolio clocked a robust 35% YoY growth led by consumer offers during this period. “Targeted promotions bundling coins resonated well with customers, aiding in conversions and increase in average ticket sizes,” the company said. Titan also launched a brand focussed on lab-grown diamonds during the quarter called beYon. It noted that this is unlikely to have an effect on its existing brands like CaratLane that…  ​Read MoreInc42 Media

[Update] Aye Finance IPO: Issue Subscribed 16% On Day 2

Update | February 10, 18:20 IST Aye Finance’s IPO continued to witness lukewarm demand on the second day of bidding and was subscribed 16% by the end of the day. The issue received bids for 72.87 Lakh shares against 4.55 Cr shares on offer. Retail investors led the pack, with the portion reserved for them subscribed 47%. They placed bids for 39 Lakh shares against 82.78 shares reserved.  The portion reserved for qualified institutional buyers saw 13% subscription, receiving bids for 31.88 Lakh shares against 2.48 Cr shares reserved.  Non-institutional investors showed the least interest in the public issue, with the portion reserved for them seeing just 2% subscription. They bid for 1.98 Lakh shares against 1.24 Cr shares on offer.  Original | February 10, 14:47 IST NBFC Aye Finance’s IPO continued to see tepid response on the second day of bidding, with the issue subscribed 15% as of 13:48 IST. It received bids for 68.08 Lakh shares against 4.55 Cr shares on offer. Retail individual investors continued to drive the demand, placing bids for 34.67 Lakh shares against 82.78 Lakh shares reserved for them. This translated to a 42% subscription of their quota.  The subscription for the qualified institutional…  ​Read MoreInc42 Media

Gold and Silver Prices in India End Lower at Market Close on February 10, 2026: MCX Correction Analysis

Gold and silver prices in India closed lower on February 10, 2026, reversing gains from the prior sessions amid profit-booking and a rebounding US dollar. MCX gold for April delivery settled at ₹1,57,389 per 10 grams, down 0.43%, while silver futures fell over 1%. A firmer dollar index at around 96.90 capped upside potential in domestic bullion markets.Silver and Gold Market Close Prices (Approx.)Retail closing rates for gold and silver across major cities showed modest declines, with variations due to local taxes and making charges. These figures reflect evening spot prices post-MCX settlement. City24K Gold (₹/10g)22K Gold (₹/10g)Silver (₹/kg)Delhi1,58,0601,44,9003,00,100Mumbai1,57,9101,44,7502,90,000Chennai1,59,0601,45,8003,00,100Bengaluru1,57,9101,44,7502,90,000Hyderabad1,57,9101,44,7503,00,000Kolkata1,57,9101,44,7502,90,000 Disclaimer: Prices are indicative retail closing rates; actual rates may vary slightly by locality and jeweller.​Intraday Movement & Price DirectionGold opened lower on MCX, with April futures starting at ₹1,56,001, down ₹2,065 from the previous close—before fluctuating between ₹1,56,001 and ₹1,58,070, ending at ₹1,57,389 after a ₹677 drop. Silver exhibited higher volatility, with March futures ranging from ₹2,57,715 to ₹2,60,527 and closing down ₹3,470 at ₹2,62,620, a 1.32% decline, amid sharper intraday swings. Profit-booking dominated after two days of gains, with both metals consolidating in negative territory post-midday.Gold Rate AnalysisDomestic gold prices faced pressure from a strengthening dollar index, which rose…  ​Read MoreStartupTalky- Business News, Insights and Stories

Barclays Moves Marketing Work to India, up to 50 London Roles at Risk

The marketing department of Barclays is getting ready to relocate from London to India. As the bank seeks to reduce expenses and increase its utilisation of artificial intelligence, this change could threaten the employment of as many as fifty people. The in-house advertising business of the British lender will be downsized and outsourced by the end of August.The London-based content writing team at Barclays will be shutting down as part of the adjustments. From its base in Canary Wharf, the content section of the bank employs about twenty people. A bigger marketing content team in India is likely to take the place of the London positions at Barclays. Automated systems that generate digital copy and advertisements with a higher degree of personalisation will back up the new group. Even though there will be more people on the new team, the bank expects to save money on personnel thanks to cheaper wages.New Operational Changes at BarclaysMarketing materials, such as promotional content for Barclays’ website, will be created with the assistance of artificial intelligence by employees in India. This is all a part of a larger reorganisation in the marketing department of the bank. The plans were initially disclosed to the staff…  ​Read MoreStartupTalky- Business News, Insights and Stories

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