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Detailed stories on technology startups, business and economic current affairs.
The Mumbai-based beauty and personal care company recorded one of its worst years in the 2024-25 fiscal. It is now on a course-correction trajectory.

It has been a rough 18 months at SUGAR Cosmetics.
In a first, and what is perceived as one of the graver startup sins, the Mumbai-based beauty and personal care company will be declaring a drop in its annual revenue for the year ended March 2025. Its losses also show an expansion, and the overall financials paint the picture of a company that has struggled to grow and rein in the costs.
Kaushik Mukherjee, co-founder and chief operating officer at SUGAR, confirmed to The Morning Context that the company has registered a decline. “The numbers are going to look bad. …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.