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themorningcontext.bsky.social
The Morning Context
@themorningcontext.bsky.social
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News media daily which publishes detailed stories on startups, large businesses and economic and current affairs. Join our community: http://bit.ly/3ZVfp8u.
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The Morning Context app is now on iPad.
Deeper, clearer, and more immersive. Your favorite stories, now optimized for a bigger screen.

Get it today: https://apps.apple.com/in/app/the-morning-context/id1551672701?platform=ipad
The SC's cancellation of JSW Steel's acquisition of Bhushan Power reinforces a key message: the integrity of the IBC process matters more than the outcome. Upholding the system ensures ... https://themorningcontext.com/business/sc-scrapped-bhushan-power-and-steel-deal-to-protect-ibc-not-undermine-it
Urban Company, valued at over $2 billion, is gearing up for an IPO with a target of raising Rs 1,900 crore, down from the initially rumored Rs 3,000 crore. Despite impressive execution, the firm face... https://themorningcontext.com/internet/urban-companys-growth-has-hit-indias-income-divide-reality
As India battles temperatures soaring past 44°C, air conditioners are no longer just about comfort—they're becoming a survival tool. The AC boom shows who can afford to stay cool and who can't.

The story is free to read for the next 48... https://themorningcontext.com/chaos/indias-growing-ac-divide
India’s growing AC divide
Rising temperatures are fast turning ACs into a necessity. Yet, people who are the most vulnerable to the ravages of heat still cannot afford them.
themorningcontext.com
Both packaged consumer goods companies have noted increasing cost of raw material for their products, which include packaged food, coffee, beverages, snacks, chocolates and more.

Disha Acharya writes: https://themorningcontext.com/business/hul-nestle-india-report-tepid-q4-results
HUL, Nestle India report tepid Q4 results
The packaged goods giants point to rising cost of production and sluggish urban demand as the reasons.
themorningcontext.com
An invoice discounting platform's sweet deal is turning sour.
Full story to be unpacked tomorrow. Stay tuned.
Interestingly, this carmaker has a mere 2% market share in India.
Full story coming tomorrow. Stay tuned for the drive ahead.
Founded in 2007, Flipkart moved its base to Singapore in 2011 due to simpler taxation policies, fewer regulatory hurdles and better access to capital.

Disha Acharya writes more about this: https://themorningcontext.com/internet/flipkart-to-move-holding-company-back-to-india
The development comes a month after the Directorate General of Trade Remedies (DGTR) proposed a 12% tax as a safeguard duty on some steel imports, including China and Vietnam, for 200 days.

Disha Acha... https://themorningcontext.com/business/india-to-impose-12-safeguard-duty-on-some-steel-imports
Fly ash is a fine powdery residue that is a byproduct of burning pulverized coal in power plants. If released into the environment, it can contaminate water and soil and create serious health issues ...
https://themorningcontext.com/business/vedanta-gets-orissa-high-court-stay-on-rs-71-crore-penalty
Swiggy is no longer just about food.
Its new app, Pyng, connects users with professionals across finance, fitness, travel, astrology, and more.
But with players like Justdial and Topmate in the mix, the question is: wh... https://themorningcontext.com/internet/can-pyng-help-swiggy-break-out-of-a-rut