Business

The month-on-month net inflows for equity mutual funds came down by 42.6 per cent to Rs 8,898.25 crore in July 2022, as per the figures released by the Association of Mutual Funds in India (AMFI).

The Amazon Great Freedom Festival sale is now live. Amazon is offering discounts across a wide range of products as part of ...

Joining the league of Big Tech companies who have laid off employees, photo-sharing platform Snapchat is set to sack workers and is in early stages of planning layoffs.

Chicago-based e-commerce marketplace Groupon has confirmed that it has laid off more than 500 of its employees -- 15 per cent of its 3,416-person headcount and is also planning to slash costs.

Shamshera, Samraat Prithviraj and Jayeshbhai Jordaar have something in common. They aren’t just the latest Bollywood movies that couldn't bring Indians back to theatres — they’re also three successive releases of A-listers that have flopped. This lack of enthusiasm for Bollywood is not just affecting the actors and producers but also movie theatres which are banking on superhits to get back in the black – after a long period of pandemic-induced shutdown.

Adani Ports and Special Economic Zone (APSEZ) on Monday reported a 16.86 per cent decline in consolidated net profit to Rs 1,091.56 crore for the first quarter of the current financial year. The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,312.9 crore in the corresponding period a year ago, according to a regulatory filing.

Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and startups to prepare for a harsh and longer funding winter ahead, as the company posted disastrous results for the second straight quarter this year. In the earnings call after reporting $23.4 billion net loss in the June quarter, Son said that unicorn leaders "still believe in their valuations and they wouldn't accept that they may have to see their valuations go lower than they think".

India’s second richest man, Mukesh Ambani is setting sights on a new ‘green’ path. Ambani’s head-first foray into green energy also sets him on a dir...

Mahindra launched a new mini truck Jeeto Plus CNG CharSau at a price of ₹5.26 lakhs.The mini truck has a range of up to 400km with a mileage of 35.1 km/kg.The truck comes with a low maintenance cost of 22 paise per km, the company says.

The Amazon Great Freedom Festival sale is now live for Prime members. The six-day sale will go on till August 10, giving you ample time to go on a shopping spree. Here’s everything you need to know about the Amazon Great Freedom Festival sale. Amazon is back with the sale, ahead of India’s 75th Independence Day. The e-commerce giant has announced a huge six-day sale to mark the occasion.

Mukesh Ambani-led Reliance Industries Limited (RIL) on Sunday announced that it will be hosting its 45ths annual general meeting (AGM) at the end of this month on August 29. The meeting will take place at 2 pm through video conferencing and other audio visual means. The company has also fixed August 22, which falls on a Monday, as the “cut-off date” for the purpose of determining the members eligible to vote.

The Amazon Great Freedom Festival sale is now live on the e-commerce platform. The six-day sale will go on till August 10, allowing you to grab your favorite TV at a discount. In this post, we look at some of the best deals on TVs on the Amazon Great Freedom Festival sale. E-commerce giant Amazon is hosting the Great Freedom Festival sale, a 6-day mega sale to celebrate the country’s 75th Independence Day sale.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, on Monday announced the acquisition of Ford India’s manufacturing plant based in Sanand city of Gujarat for ₹725.7 crore, excluding taxes. The companies have already signed a unit transfer agreement (UTA) to finalise this deal, which also includes the transfer of all eligible employees of Ford India’s vehicle manufacturing operations at the Sanand plant.

Online higher education platform upGrad on Monday said it has raised $210 million (about Rs 1,670 crore) in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others -- at a time when the Indian edtech companies are busy sacking employees amid the ongoing funding winter.

Royal Enfield Hunter 350 – check prices, features, and variants...

Roseate Hotels and Resorts says that two of its properties are fully booked for August’s long weekends.Its occupancy is 6-8% as compared to pre-Covid year of 2019.The popular luxury hotel brand is also looking forward to expanding its presence in Jaipur, Goa and even the UK.

FSN E-Commerce Ventures, the parent company of online retailer Nykaa, on Friday reported a net profit of ₹5 crore in April-June quarter, while revenues grew 41% at ₹1,148 crore backed by signs of demand recovery in all verticals. Sequentially, Nykaa’s net profit fell 34% as it had reported a profit of ₹7.6 crore in the March quarter.

Mahindra & Mahindra, India’s leading tractor and automobile company, on Friday reported more than a 5-fold jump in its consolidated net profit to ₹2,196 crore year-on-year, aided by a double digit rise in tractor sales and price hikes. The three back-to-back blockbusters for the auto segment – the Thar, XUV700 and the Scorpio-N – have likely helped the automobile giant this quarter.

Ola Electric may finally introduce its first electric car in the country. The company’s CEO, Bhavish Agarwal, has said that the company will introduce a new product on August 15. Agarwal had earlier teased the car and even shared a render, giving us our first look at the electric car. Ola Electric is one of the latest entrants in the electric vehicle segment, and its S1 and electric scooters have performed well, taking on the existing players like Ather and TVS.

LIC Housing Finance Ltd's net profit rose sharply by 503 per cent year-on-year to Rs 925.48 crore on back of uptick in net interest income, as agains...

Reliance Retail-based Dunzos B2B logistics arm, Dunzo for Business (D4B), on Thursday announced its partnership with the governments Open Network for...

The biscuit maker Britannia reported an 11% drop in net profit to ₹335 crore as compared to the same quarter last year. The ...