WhatsApp is updating its iOS app to switch from blue to green theme, aligning with the brand’s color. It will be mandatory and cannot be opted out.
IndiGo’s recent order for 30 wide-body Airbus A350-900 aircraft signals a positive development for the Indian aviation industry. This move will allow the airline to expand into long-haul international routes, which are more profitable. The carrier’s decision to diversify its fleet with wide-body planes also supports India’s goal of becoming an aviation hub.
SBI Cards and Payment Services’ net profit increased by 11% in the January-March quarter, beating Bloomberg’s estimate. The company also experienced a 25% growth in receivables and a 11% rise in credit card spends. However, corporate spends and new accounts declined. Net interest margin and market shares decreased, while asset quality and credit costs remain a concern.
Zomato’s Blinkit has surpassed its food delivery business in terms of value, according to Goldman Sachs. With a higher implied value of Rs 119 per share, Blinkit accounts for a larger portion of Zomato’s valuation. Analysts predict a CAGR of 53% for Blinkit’s gross order value, driving Zomato’s overall revenue growth.