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3 mins read
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
1 min read
Multibagger stock: Ircon International PAT rises 44% to Rs 251 crore in Q2
The company said its consolidated total income increased to Rs 3,136.3 crore in the second quar…
PTI
2 mins read
Devyani International reports Q1 profit of ₹224 crore
Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …
PTI
4 mins read
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
3 mins read
TikTok knew its algorithm harmed kids, accidentally revealed internal documents show
Officials across 14 states are suing TikTok for what they say is an addictive algorithm that endang…
Kenneth Niemeyer,Laura Italia…
2 mins read
Stock market today: Indexes extend losses as traders watch Middle East tensions
Oil prices surged after Iran launched a missile attack on Israel, with Brent crude up as much as 3%…
Jennifer Sor
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
3 mins read
Devyani International posts net loss of ₹48.95 crore in Q4
Consolidated revenue from operations during the quarter under review stood at Rs 1,047.08 crore…
PTI
3 mins read
I interned at a hedge fund when I was 16. It was the smartest decision I made as a teen, and it set me on the path to a career in finance.
Yi Ke Cao, now 20, did her first internship at a hedge fund when she was 16.
Kwan Wei Kevin Tan
3 mins read
Adani Enterprises Q4 net falls 37%; incubating businesses show strong momentum
While incubating businesses like new energy and airports showed strong momentum, the firm suff…
PTI
2 mins read
Price drops hurt Marico in Q1 as revenue declines 3% despite volume growth; recovery likely by H2
FMCG major Marico reported a 15% growth in Q1 net profit to ₹436 crore as compared to ₹377 crore in…
2 mins read
Tata Consumer Products Q1 2023-24 net profit rises 30% to Rs 358.57 crore
Its revenue from operations was up 12.45 per cent to Rs 3,741.21 crore during the quarter under…
PTI
2 mins read
This capital goods company is gathering momentum with a big orderbook in hand
Bengaluru-based steam turbine maker Triveni Turbines has been gaining from the energy transition in…
4 mins read
All you need to know about Brainbees Solutions IPO: Should you subscribe or not?
Only 10% of the total issue has been made available to retail investors, while 15% is reserved for …
1 min read
Emami Q1FY'24 net up by 88% to Rs 137cr on strong demand
The company attributed the increase in net profit to strong growth in both its domestic and inte…
PTI
4 mins read
With Zomato rallying over 25% in the past month, street looks at the road ahead
Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…
2 mins read
Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.
Reddit has never made a profit. The company aims to make money from advertising, data licensing, an…
Theron Mohamed
1 min read
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
2 mins read
MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
4 mins read
Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…