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Time of India
04-08-2025
- Business
- Time of India
Deadline Desserts & Street Munchies: Swiggy launches DeskEats for easy office bites
Swiggy on Monday announced the nationwide rollout of its new food ordering experience, DeskEats, aimed at working professionals across India's tech parks and corporate centres. The collection is now available across 7,000+ office locations in 30 cities, including Delhi, Mumbai, Bengaluru, Chennai, Gurugram, Pune, and Kolkata. Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking Cybersecurity Operations Management Leadership Product Management PGDM Project Management Artificial Intelligence Data Science Management Data Analytics Digital Marketing CXO Others Data Science Degree Finance Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Accessible through keywords like 'Office' or 'Work' in the Swiggy app, the DeskEats feature brings together nearly 7 lakh items from over 200,000 restaurants, tailored for consumption during the workday. These include options for quick meals, snacks, and beverages suited to desk-based or on-the-go eating. As part of DeskEats, Swiggy has created curated food categories such as Value Combos, Stress Munchies, Deadline Desserts, Sip-tastic Fuel, One-handed Grabbies, Healthy Nibbles, and Teamwork Bites. According to the company, each collection targets a specific mealtime need among officegoers. Initial usage trends show Chicken Popcorn as the most popular item in the 'Stress Munchies' category in Bengaluru, Fries in Mumbai, and Garlic Breadsticks in Gurugram. Salads topped the charts under the 'Healthy Nibbles' section across all cities. Live Events Swiggy said Mumbai emerged as the leading city for DeskEats usage, while 'One-Hand Grabbies' accounted for nearly 30% of total orders on the platform. Speaking about the launch, Deepak Maloo, Vice President – Food Strategy, Customer Experience & New Initiatives at Swiggy, said: 'Today's corporate professionals are more time-strapped and choice-rich than ever before. With the launch of DeskEats, we've reimagined how food delivery fits into a busy, high-performance workday. Whether it's a quick bite between meetings or a team treat after a deadline, DeskEats is built to match the rhythm of an office day." 'We understand that while it may be easy to find a dosa or a mughlai meal, it is difficult to find one that is packaged in a way that it can be easily consumed at your desk or in an office setting where plates and cutlery may not be readily available or where one may be juggling between multiple tasks. In addition to this, we also understand that there is a need for a team-order friendly selection which is available without the need to spend a lot of time on the app. DeskEats aims to address such use cases and redefine the experience of, quite literally, having a meal at your desk," Maloo added. The initiative builds on Swiggy's Corporate Rewards Program, which the company says has now scaled to over 14,000 companies and 1.5 lakh employees within three months of launch. Through this, employers can offer Swiggy benefits as workplace perks or wellness incentives. These include flat Rs 225 off on food delivery, up to Rs 2,000 off on Dineout, and Rs 100 off on Instamart.
Time of India
04-08-2025
- Business
- Time of India
HDB Financial shares slip below IPO price for first time, down over 1% to hit new 52-week low
Shares of HDB Financial Services slipped below their issue price of Rs 740 for the first time on Monday, tumbling 1.4% to touch a new 52-week low of Rs 738.20 on the BSE , marking a reversal from the company's strong listing debut last month. The decline brings the stock below its IPO issue price of Rs 740, after having opened at Rs 835 during its market debut on July 2. The shares had listed at a premium of 12.84% over the issue price, reflecting strong investor interest at the time. Explore courses from Top Institutes in Please select course: Select a Course Category Management Project Management Healthcare Data Science Artificial Intelligence Operations Management healthcare Cybersecurity Product Management Data Analytics Leadership Data Science Finance Public Policy Design Thinking others Technology CXO Others MBA Digital Marketing PGDM Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details HDB Financial's Rs 12,500 crore initial public offering (IPO) comprised a fresh issue of Rs 2,500 crore and an offer-for-sale of Rs 10,000 crore. The issue closed on June 27 with an overwhelming response, being subscribed 17.65 times overall. Qualified Institutional Buyers (QIBs) led the demand, subscribing their portion 31.73 times. Despite a volatile market backdrop, investor enthusiasm was driven by the company's strong parentage and diversified loan book across retail, SME, and asset finance segments. HDB also boasts a wide phygital footprint with over 1,700 branches across India, more than 80% of which are located outside the top 20 cities. The IPO attracted bids worth over Rs 1.61 lakh crore, making it the second-most subscribed large issue (over Rs 10,000 crore) after Tata Technologies . While it fell short of Bajaj Housing Finance's Rs 3 lakh crore+ record, it surpassed other recent NBFC listings in terms of demand. At the upper end of the price band, HDB Financial was valued at a price-to-earnings (P/E) ratio of 28.15x based on FY25 earnings, with an implied market capitalization of around Rs 61,253 crore. Also read: Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
04-08-2025
- Business
- Time of India
Sensex jumps over 200 pts, Nifty tops 24,600 on global cues; auto, metal stocks rise
Indian benchmark indices Sensex and Nifty50 opened higher on Monday after five consecutive weeks of losses, as investors weighed U.S. tariff developments and the Federal Reserve's policy outlook following weak labour market data. At 9:28 am, the BSE Sensex was up 239 points, or 0.30%, at 80,839, while the Nifty50 rose 89 points, or 0.36%, to 24,654. Explore courses from Top Institutes in Please select course: Select a Course Category Management Product Management Degree Data Science Operations Management Finance Others MBA Data Science others Healthcare Artificial Intelligence Public Policy PGDM Design Thinking Technology Data Analytics Leadership Digital Marketing CXO healthcare Project Management MCA Cybersecurity Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trung Chanh: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo From the Sensex pack, BEL , Tata Steel , Bajaj Finserv , UltraTech Cement , HUL , Asian Paints , and Reliance Industries opened with gains, while Infosys , Tech Mahindra , HCL Tech , Power Grid , and Eternal saw declines. Meanwhile, data showed that U.S. employment growth came in weaker than expected for July, with significant downward revisions for the previous two months. This has increased the likelihood of a rate cut by the U.S. Federal Reserve in September. Lower U.S. interest rates typically lead to lower Treasury yields and a weaker dollar, making emerging market equities like India's more attractive to foreign portfolio investors (FPIs), who have been heavy sellers in recent weeks. Live Events On the sectoral front, Nifty Auto, Metal, Financial Services, FMCG, Pharma, PSU Bank, Consumer Durables, and Oil & Gas indices rose between 0.2% and 0.8%. Meanwhile, the Nifty IT index opened 0.4% lower. Among individual stocks, Delhivery jumped 5% after the logistics company posted a 68.5% year-on-year rise in net profit to Rs 91 crore for the June quarter, supported by tighter cost controls and steady revenues. On the other hand, Federal Bank shares declined 5.3% in early trade after the lender reported a 14.6% YoY drop in standalone net profit to Rs 861.75 crore for the June quarter, down from Rs 1,009.53 crore in the same period last year.
Time of India
03-08-2025
- Automotive
- Time of India
Who is Margarida Corceiro? Lando Norris's girlfriend spotted at the Hungarian Grand Prix
Lando Norris held off McLaren teammate Oscar Piastri in a tense finish to win the Hungarian Grand Prix on Sunday (August 3, 2025) and boost his title chances. Following the victory, Norris was seen planting a kiss on his girlfriend, Margarida Corceiro , confirming the revival of his relationship with the Portuguese actress and model. She is back with Norris following the split in 2024. Earlier in 2025, Corceiro, 22, was spotted hanging out with Lando's parents, Adam Norris and Cisca Wauman, during the Monaco Grand Prix weekend on May 25, 2025, according to Cosmopolitan. Explore courses from Top Institutes in Please select course: Select a Course Category Management Others CXO Data Analytics others Finance PGDM Leadership Healthcare Data Science Design Thinking MBA Artificial Intelligence Technology MCA Degree Public Policy healthcare Project Management Data Science Digital Marketing Product Management Cybersecurity Operations Management Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details During that Grand Prix event, Lando won the race. Corceiro was also seen during an event in Barcelona, Spain, in the McLaren garage, where the official F1 TV channel identified Magui as Lando's partner. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Knee Pain? This Morning Trick Helps Wellnee Undo Who is Margarida Corceiro Margarida is a 22-year-old Portuguese model and actress. She is from Santarem, Portugal. She has appeared in several Portuguese TV dramas since 2019. In 2020, Corceiro also took part in the Portuguese version of Dancing With The Stars. Live Events The Portuguese model has also modeled for several brands over the years and co-owns the swimwear brand MISSUS Swimsuits. She has a significant following across social media platforms. The model has more than 2.1 million Instagram followers and over 800,000 followers on TikTok. Margarida Corceiro's dating history Before Lando, Margarida was dating Chelsea footballer Joao Felix . The duo dated from 2019 to 2023 and later announced their split on Instagram. Initially, Lando and Magui were spotted hanging out together after her split from Felix. Nearly a year later (2024), they were seen attending the Monte Carlo Masters final in April 2024; however, a few months later, Lando said he was single, according to media reports.
Time of India
03-08-2025
- Business
- Time of India
Bengaluru: PM Modi to open long-awaited Yellow Line on Aug 10 easing commute to tech hubs
Prime Minister Narendra Modi will open the long-delayed Yellow Line Metro on August 10, connecting Rashtriya Vidhayala Road in South Bengaluru to Bommasandra on the east with 16 stations. The line is expected to ease the stress for thousands of technology workers who have been commuting to Electronic City and other nearby industrial hubs with work from office (WfO) now being a norm at many companies. Infosys and Biocon have funded Konappana Agrahara and Hebbagodi stations. Explore courses from Top Institutes in Please select course: Select a Course Category Management Data Science Project Management CXO Artificial Intelligence PGDM Leadership Digital Marketing Finance Technology Operations Management Degree Data Science Public Policy Others Product Management others healthcare Data Analytics Design Thinking Healthcare MCA Cybersecurity MBA Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Built at a cost of ?5,057 crore, the Yellow Line is expected to significantly ease congestion at the Silk Board junction and provide a faster, reliable alternative to the heavily trafficked Hosur Road. As per reports and experts, the metro will cut daily commute times by up to 60% on the Silk Board and Outer Ring Road (ORR) stretch. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo The 19.15 km line is expected to benefit nearly eight lakh daily commuters, especially those living in South Bengaluru and working in thousands of companies, both big and small, on either side of Hosur road. The major tech hub of Electronic City, a 902-acre industrial township is home to more than 300 companies including Infosys, TCS , Wipro , Tech Mahindra , and Siemens . Union Housing and Urban Affairs Minister Manoharlal Khattar said the PM will also lay the foundation stone of 44.65 km of Bangalore phase-3 at the cost of Rs 15,611 Crore. Live Events The Bengaluru Metro's Phase 3, also called the Orange Line, was approved by the Modi government in the first 100 days of coming back to power. The new line will expand the city's metro network by adding 44.65 km, including 31 stations in two phases. The orange line is expected to be completed by 202,9, covering Magadi Road to ORR, which houses many Fortune 500 companies and global capability centres (GCCs). Bengaluru South MP Tejasvi Surya (BJP) said that together, these projects will benefit nearly 25 lakh people in Bengaluru South. 'With nearly 20,000 worth of Metro infrastructure dedicated to this region alone, we are incredibly grateful to PM Modi for his continued focus, affection, and commitment to Bengaluru South's public transport infrastructure,' he added. As per officials, three driverless trains will be made operational every 25 minutes on the stretch. As per the employee commute platform MoveInSync's Half-Yearly Report, Bengaluru's average one-way commute time has jumped 16% in just one year. From 54 minutes in 2024, today it takes 63 minutes to travel an average distance of 19km in the city.
