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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…

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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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1 min read

Trump's win created a record $64 billion of net worth for the world's 10 richest people

A euphoric surge in the stock market on Wednesday sent the net worths of the world's richest people…

Filip De Mott   


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Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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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   


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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…

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2 mins read

Boeing's new CEO vows to make it 'iconic' again after posting $6.1 billion loss in his 1st earnings

"With the right focus and culture, we can be an iconic company and aerospace leader once again," sa…

Pete Syme   


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PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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Jio, Airtel, Vi record customer loss post tariff hike, BSNL becomes only gainer in July

According to the report, BSNL added over 2.94 million mobile subscribers in July. Bharti Airtel los…

PTI   


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Hindustan Zinc Q3 net profit falls to Rs 2,028 crore

On a quarter-on-quarter (q-o-q) basis, the company's profit grew 17 per cent as against Rs 1,72…

PTI   


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3 mins read

Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA

Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…

PTI   


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1 min read

Bajaj Hindusthan Sugar posts Rs 122.87 cr net loss in Sep 2023 quarter

Total income declined to Rs 1,163.30 crore in the July-September period of 2023-24 fiscal, from…

PTI   


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Tamil Nadu power distribution company increases electricity tariff to cover financial loss

The state power distribution company said that the total financial loss of the Tamil Nadu Power Gen…

ANI   


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Zomato posts Q4 consolidated net profit at ₹175 crore

Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…

PTI   


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HPCL posts Rs 5,827 crore profit in Q2 2023-24

Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported a consolidated net profit of Rs 5,826…

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2 mins read

UPL Ltd posts Q2 net loss of Rs 189 cr

Agro-chemical firm UPL Ltd on Monday posted a consolidated net loss of Rs 189 crore for the second …

PTI   


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Eveready Q2 FY'24 net profit jumps 73% on easing input cost

Revenue from operation during the July-September quarter was lower by three per cent to Rs 364.9…

PTI   


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V-Mart Retail Q2 2023-24 net loss at Rs 64 crore

Revenue from operations in the September quarter was Rs 549.43 crore. It was at Rs 506.16 crore…

PTI   


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Anupam Rasayan Q2 net profit up 1.84% to Rs 48.69 cr

Total income rose to Rs 395.61 crore during the July-September quarter of the 2023-24 fiscal, f…

PTI