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Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24
Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent …
PTI
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
Maruti Suzuki Q3 profit up 33% at Rs 3,207 cr on higher sales
Maruti Suzuki India on Wednesday reported 33% increase in consolidated net profit at Rs 3,207 crore…
PTI
Adani Ports' net profits jump 50% in 2023-24, registers threefold cargo growth
Ports and Special Economic Zone on Thursday reported that its Profit After Tax or net profits durin…
ANI
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
CARS24's top brass including its global CTO and business head quit
Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CT…
Loss-making Cars24 is worth more than a profitable CarTrade — here’s why
Gurugram-based used cars marketplace Cars24 became a unicorn last year and raised some more money n…
Tesla acted like a normal car company this year, and it actually worked
Tesla started the year back on its heels, but Elon Musk managed to turn problems into advantages.
Nora Naughton,Grace Kay
Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?
In this same time span, CarTrade has hit the public market and Droom has formally announced its …
Tata Motors in top gear, JLR to drive growth in FY24
Tata Motors is driving in top gear, thanks to a strong performance by its British subsidiary Jaguar…
Maruti Suzuki up nearly 7% as the automaker expects good demand at a time when industry is feeling the heat
A promising demand outlook by India’s largest car manufacturer Maruti Suzuki cheered up investors a…
EXCLUSIVE: Cars24 is racing towards profitability as Indians choose used cars over new ones
Indian used cars platform Cars24 is set to breakeven by December 2019. Having raised over $100 mill…
BYJU's slashes over 1,000 jobs, mostly from its engineering teams
Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…
SonyLIV on-boards over 50 advertisers for India’s tour of Sri Lanka
India’s tour of Sri Lanka comprises three ODIs and three T20s that began on July 18 and will go on …
The curious case of companies which command high valuations with low revenues
The Burgundy Private Hurun India 2022 list includes 61 companies with sales of less than 1,000 cror…
CarDekho logs ₹1,600 cr in revenue in FY22, narrows losses by 28%
IPO-bound car search platform CarDekho Group on Monday said it registered 81 per cent growth in con…
L&T Tech reports sequential growth of 4.5% in CC revenues in Q2, upgrades FY23 revenue guidance to 15.5-16.5%
The company said that it has hit $1 billion in annualized revenue run rate. It bagged a multi-milli…
April Auto Sales: Maruti Suzuki flags decline in bookings in April, electric two-wheelers lose momentum due to FAME-II irregularities
India’s largest car maker Maruti Suzuki sounded a note of caution for the automobile sector stating…
Maruti Suzuki to drive into the SUV lane as small cars become dearer
India’s largest car maker Maruti Suzuki is looking towards sports utility vehicles (SUV) and electr…