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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…
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…
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…
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
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
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…
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
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
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
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 …
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
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
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
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
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
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
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
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
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
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…