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2 mins read

IndiGo's bottom-line turns red for Q2, high fuel costs, and forced groundings main reason

The main reason behind the carrier running into reds during the second quarter of FY25 was high fue…

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3 mins read

KRN Heat Exchanger & Refrigeration's IPO opened for subscription today. Should you invest?

​From the funds raised, the company intends to invest Rs 242.5 crore in its wholly owned subsidiary…

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1 min read

IREDA Q1 results: Profit after tax jumps to Rs 38,369.34 lakh

On a year-to-year basis, the company also succeeded in bringing down its net non-performing asset r…

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1 min read

Consumer staple demand recovers in rural areas, urban areas witness slowdown: Report

Rural and semi-urban markets in India showed recovering consumer demand in the second quarter of FY…

ANI   


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3 mins read

Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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2 mins read

Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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7 mins read

US vs. Chinese replenishment ships: The workhorses that keep aircraft carriers operating

China is relatively new to replenishment ships and tends to build new vessels. The US Navy has 100 …

Benjamin Brimelow   


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2 mins read

Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high

Big Four consulting firm PwC shrugged off reputation-damaging scandals in China and Australia this …

Polly Thompson   


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3 mins read

Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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2 mins read

It will be a while before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.

A report from The Information revealed that while OpenAI was burning less cash than previously thou…

Beatrice Nolan   


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2 mins read

Cabinet approves Rs 784.87 cr e-auctions for 730 FM radio channels across 234 new cities

The Cabinet also approved a proposal to set the Annual License Fee (ALF) for FM channels at 4 per c…

ANI   


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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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2 mins read

Spotify CEO Daniel Ek acknowledges that mass layoffs posed a 'significant challenge' for day-to-day operations

"It took us some time to find our footing," Spotify chief Daniel Ek told investors in an earnings c…

Kwan Wei Kevin Tan   


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2 mins read

HDFC securities unveils 'Brokerage as a Service' for institutions and fintechs

The Brokerage as a Service by HDFC securities provides a versatile and profitable approach for inst…

ANI   


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1 min read

Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales

The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …

PTI   


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3 mins read

Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore

The consolidated results of Ambuja Cements include the financial performance of its step-down firm …

PTI   


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3 mins read

Andhra, Telangana reel under rain fury; 31 dead, lakhs affected

Twenty SDRF and 19 NDRF teams are engaged in relief and rescue operations. Life was completely thro…

PTI   


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2 mins read

Patanjali Foods profit surges to Rs 262.90 crore on back of e-commerce and quick commerce channels

The net profit of Patanjali Foods surged to Rs 262.90 crore year-on-year during the first quarter o…

ANI   


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1 min read

Tata Technologies Q1 PAT falls 15% to Rs 162.03 cr

The company had posted a consolidated profit after tax (PAT) of Rs 191.53 crore in the same quarter…

PTI