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1 min read

YES Bank’s net profit grows four fold as provision for bad loans shrink

Yes Bank reported a four-fold jump in its net profit to ₹207 crore in June quarter compared to a pr…

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6 mins read

New age technology companies back in the spotlight after Q3 performance

There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…

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4 mins read

Fewer restaurants and delivery partners are signing up with Zomato

Restaurants and delivery partners are critical to Zomato’s business model, but few are signing up w…

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2 mins read

Zomato tanks 22% in two days wiping out over ₹9,000 crore investor wealth – here’s what is happening

Shares of Zomato tanked 22% in two days, wiping out over ₹9,000 crore of investor wealth in a flash…

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4 mins read

Sensex, Nifty50 marginally up amid volatility – IT, auto and FMCG indices among top gainers

India's benchmark indices Sensex and Nifty50 are likely to open in the green on Tuesday amid positi…

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4 mins read

Zomato posted a ₹1,222 crore loss but its stock gained 18% — reasons behind the surge

Zomato has been losing steam ever since PayTM’s listing debut took the wind off all tech startup va…

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7 mins read

New-age tech companies rake in business but are still making losses

New-age technology companies like Paytm, Delhivery, Zomato and Policybazaar are among companies tha…

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3 mins read

Mutual funds tank up on financial services and retail stocks

Mutual funds raised stakes in the financial services sector as economic activity and consumer deman…

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4 mins read

There’s a way government can prod Zomato, Swiggy, Uber and Ola to increase salaries of delivery partners and drivers

Under Section 80JJAA provision of the Indian Income Tax Act, companies can get a tax deduction f…

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3 mins read

Reliance Retail surprises all by more than doubling its net profit in the last three months

Mukesh Ambani’s retail business grew over a fifth and its profit doubled in the last three months, …

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2 mins read

While investors are still upbeat on Zomato stock, experts find it overvalued and expensive

After a strong listing on exchanges on July 23, shares of food delivery firm Zomato continue to imp…

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2 mins read

Flipkart has ‘lived up to expectations so far’, says Walmart CEO, confirms IPO plans

Walmart International CEO and President Judith McKenna on Wednesday said that the US-based retailer…

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7 mins read

Zomato is now bigger than Paytm — reasons why the market is not excited about Vijay Shekhar Sharma’s vision of a superapp

Two of India’s most-awaited tech IPOs, that of Zomato and Paytm, came with a lot of anxiety around …

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5 mins read

Zomato’s IPO could make the company as valuable as one of its biggest investors – Info Edge

Zomato – India’s big foodtech unicorn – had recently got everyone’s attention with its latest fundi…

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2 mins read

Uber surges 16% after strong ride-hailing demand in the 2nd quarter helps it inch closer to profitability

"Last quarter I challenged our team to meet our profitability commitments even faster than planned—…

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1 min read

Zomato makes profits but losses also triple

Info Edge, which owns 47% stake in Zomato, stated that India accounted for 47.3% of Zomato's overal…

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2 mins read

EaseMyTrip announces interim dividend of 50% after stellar profit growth

Travel ticketing platform Easy Trip Planner — which goes by the name EaseMyTrip — has declared an i…

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2 mins read

India’s first profitable payment bank is going to list today — here’s all you need to know

Navi Mumbai-based fintech company Fino Payments Bank will make its debut on the stock market at 10:…

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2 mins read

TCS beats Accenture to become the world’s most valuable IT services company — but this not the first time it has raced ahead

Back in 2018, IBM was at the top of the market with 300% more revenue than TCS, followed by Acce…