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2 mins read

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   


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3 mins read

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   


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4 mins read

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…

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1 min read

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   


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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   


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5 mins read

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…

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2 mins read

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…

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6 mins read

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…

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4 mins read

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   


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8 mins read

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 …

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4 mins read

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…

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2 mins read

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…

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2 mins read

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…

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1 min read

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…

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1 min read

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 …

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6 mins read

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…

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2 mins read

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…

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5 mins read

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…

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7 mins read

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…

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4 mins read

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…