Source: https://daphnislabs.com/blog/category/business

# Business articles

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18 November 2023

## [SoftBank to Offload Stake in Delhivery: A Strategic Move Amidst Market Volatility](https://daphnislabs.com/blog/softbank-to-offload-stake-in-delhivery-a-strategic-move-amidst-market-volatility)

SoftBank Looks to Reduce Exposure to Market Volatility through Delhivery Stake Sale In a significant move, Japanese investment giant SoftBank is reportedly considering selling a stake...

16 November 2023

## [Adani Electricity Illuminates Mumbai with Renewable Energy on Diwali](https://daphnislabs.com/blog/adani-electricity-illuminates-mumbai-with-renewable-energy-on-diwali)

A Beacon of Sustainability Adani Electricity, a leading power utility company in India, marked a historic milestone on Diwali, the festival of lights, by powering Mumbai,...

15 November 2023

## [Alphabet’s Data Retention Failure Could Land Sundar Pichai in Hot Water](https://daphnislabs.com/blog/alphabet-s-data-retention-failure-could-land-sundar-pichai-in-hot-water)

In a recent Play Store trial, Alphabet CEO Sundar Pichai acknowledged that some materials were not retained as required by the trial agreement. This could have...

4 November 2023

## [Shein Acquires British Fast Fashion Brand Missguided](https://daphnislabs.com/blog/shein-acquires-british-fast-fashion-brand-missguided)

Shein is a Chinese ultra-fast fashion giant that has been growing rapidly in recent years. The company is known for its wide selection of affordable clothing...

3 November 2023

## [Tata wins Singur Nano case, to get Rs 766 crore as compensation.](https://daphnislabs.com/blog/tata-wins-singur-nano-case-to-get-rs-766-crore-as-compensation)

The recent ruling by an arbitral tribunal awarding Tata Motors Rs 766 crore in compensation for the losses incurred at its Singur manufacturing site in West...

2 November 2023

## [Mamaearth raises Rs 765 crore from anchor investors ahead of IPO.](https://daphnislabs.com/blog/mamaearth-raises-rs-765-crore-from-anchor-investors-ahead-of-ipo)

Honasa Consumer, the parent company of Mamaearth, raised Rs 765.2 crore from 49 anchor investors ahead of its initial public offering (IPO) launch on October 31....

1 November 2023

## [McDonald’s revenue climbs 14% as price hikes boost U.S. sales.](https://daphnislabs.com/blog/mcdonald-s-revenue-climbs-14-as-price-hikes-boost-u-s-sales)

McDonald’s third-quarter earnings report showed that the fast-food giant is continuing to benefit from price hikes, even as the overall economy faces headwinds. Revenue climbed 14%...

31 October 2023

## [Coke and Pepsi Stocks Are Struggling — But One Has More to Worry About](https://daphnislabs.com/blog/coke-and-pepsi-stocks-are-struggling-but-one-has-more-to-worry-about)

Coca-Cola and PepsiCo are two of the world’s largest and most successful beverage companies. But their stocks have both been under pressure this year, as investors...

28 October 2023

## [Tata to Make iPhones in India for Local and Global Markets](https://daphnislabs.com/blog/tata-to-make-iphones-in-india-for-local-and-global-markets)

Overview Tata Group, India’s largest conglomerate, is set to start manufacturing iPhones in India for both the domestic and global markets. The announcement was made on...

26 October 2023

## [Amazon to Acquire Roomba Maker iRobot for $1.7 Billion](https://daphnislabs.com/blog/amazon-to-acquire-roomba-maker-irobot-for-usd1-7-billion)

On August 5, 2022, Amazon announced that it would acquire Roomba maker iRobot for $1.7 billion. The deal is expected to close in the second half...

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