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2 mins read
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…
2 mins read
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
2 mins read
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…
1 min read
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
1 min read
Indian carriers to report $1.6-1.8 billion consolidated loss in FY24 says industry body CAPA
According to CAPA India, Indian airlines are estimated to have a net induction of 132 planes ne…
PTI
3 mins read
SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses
A report by the Securities Exchange Board of India (SEBI) on the profit and losses in the equity de…
7 mins read
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
3 mins read
Paytm records revenue growth of 38% YoY in Q3FY24
Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…
ANI
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
2 mins read
2 major airline CEOs have issued a clear message to Boeing in the past week: Do better
Southwest CEO Bob Jordan said it's been years since Boeing plane deliveries went as expected, and t…
Kelsey Vlamis,Aditi Bharade
1 min read
Godfrey Phillips to sell 24Seven business, to exit from retail sector
Cigarette maker Godfrey Phillips India on Friday said it has decided to exit from its loss-making r…
PTI
2 mins read
BPCL Q3 net profit jumps 82% on higher refining, market margins
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …
PTI
3 mins read
Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
Boeing posted a huge loss and its striking union rejected a new contract offer Wednesday. A turnaro…
Pete Syme
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…
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
1 min read
Adani Energy Solutions Ltd reports impressive growth in Q2 FY24
Q2 FY24 (Year-on-Year) Consolidated revenue increased by 13 percent to reach Rs 3,421 crore, consol…
ANI
1 min read
Mamaearth doubles PAT to Rs 30 cr in Q2 FY24, revenue up 21%
Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) skincare brand Mamaearth, has p…
1 min read
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
3 mins read
PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets
The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…
PTI
4 mins read
A woman says she was wrongfully put on American Airlines' no-fly list. She cold-emailed the CEO to resolve it.
Erin Wright was shocked when American Airlines finally told her why it added her to its no-fly list…