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After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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Shareholders approve Byju's FY22 audited financials

Edtech major Byju's shareholders have approved the company's audited financials for the fiscal year…

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India to cross $10 billion worth mobile exports in FY22-23, Apple leads at 50%

Buoyed by attractive government incentives towards local manufacturing, India is all set to reach a…

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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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These companies paid the highest taxes in India in FY22

These companies paid the highest taxes in India in FY22

Soniya tiwari   


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Swiggy's losses jump 2X to ₹3,629 crore in FY22, layoffs coming

Online food delivery platform Swiggy's losses doubled to ₹3,629 crore in FY22 compared to ₹1,617 cr…

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Ola Cabs loss widens to Rs 3,082 crore in FY22

Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening …

PTI   


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Multiplexes' revenue growth to dip to 15% in FY25 as OTTs crimp profit margins

Revenue growth for multiplexes will slow down to 10-15 per cent in FY25 from the 20-24 per cent exp…

PTI   


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BharatPe's FY22 losses swell after change in fair value of compulsory convertible preference shares

In FY21, the company had posted a net loss of ₹1,619.2 crore. Apart from the CCPS cost, the c…

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BYJU's logs nearly ₹10K crore revenue in FY22, tops estimates

In six months from February 2022 till July 2022, the company logged Rs 6,175 crore revenue, brea…

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Here’s how Indians paid for non-cash transactions in FY22

Here’s how Indians paid for non-cash retail transactions in FY22.

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Demat account additions weaken, well below FY22 average

The incremental number of new demat accounts added stood at 1.9 million in March versus 2.1 million…

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3 mins read

India’s digital ad spend estimated to surge to $21 billion in the next five years, rising 2.5x over FY22 levels, says Redseer

India's digital advertising spending is estimated to surge to $21 billion in the next five years, g…

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Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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Flipkart may reduce workforce by up to 7%, affecting 1,500 employees

E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2…

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IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report

FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the…

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5 mins read

Boom In Jobs: Corporate India goes on a hiring spree, IT sector leads the way

After retrenching employees en masse after the onset of the pandemic, Corporate India has created m…

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India's exports expected to grow by 33% during the second quarter

India's total merchandise exports are expected to grow by 33 per cent during the second quarter of …

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Phones to chips, electronics sector buoyed by strong tailwinds

The last 9-10 years have seen tremendous growth across four major consumer electronics segments -- …

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Hindustan Unilever’s resurgent quarter signals demand recovery later this year – brokerages bullish

HUL’s strong showing in the June quarter augurs well for consumer demand trends. The FMCG giant rep…