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5 mins read
No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance
Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …
5 mins read
Sensex, Nifty50 end lower led by losses in metals, auto, banks
India’s benchmark indices Sensex and Nifty50 closed lower on Monday led by losses in shares of meta…
5 mins read
Tata Motors shares tank 4.8% on Q2 miss, JLR’s recovery delays
Tata Motors shares tanked 4.8% on Thursday, a day after the company missed analyst estimates despit…
7 mins read
Paytm's lending and merchant businesses drive revenue growth in Q2 – low penetration offers headroom for growth say analysts
One 97 Communications, operator of the digital payments platform Paytm reported 14% sequential reve…
4 mins read
Vodafone Idea Q3 net loss widens to ₹7,990 crore, average revenue per user edges up to ₹135
Vodafone Idea’s troubles continue to worsen as its net loss widened to ₹7,990 crore in Q3, both on …
4 mins read
Startups with small profit pools should think twice before launching their IPOs
There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, w…
4 mins read
Honasa Consumer’s D-Street debut an acid test for D2C companies
If you are an investor who is tired of the same old consumer companies, there is a new theme in tow…
1 min read
Zomato CEO says aware of fraud at delivery agents' end, fixing it
After an entrepreneur complained in a LinkedIn post that a Zomato delivery agent advised him to che…
6 mins read
TCS retains No 1 spot as India’s top brand but tech sector takes a hit
The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…
9 mins read
LIC, Delhivery, Kfin Tech among IPO duds of FY23
After a bumper year of initial public offerings (IPOs) in 2021, the primary market is no longer as …
2 mins read
Amid startup funding crunch, Udaan raises $120 million and plans IPO after a year
While the whole startup ecosystem is facing a funding crunch this year, this outlier startup …
3 mins read
Stock markets slide with the Rupee and weak Asian markets
Indian markets opened on a negative note on Friday mirroring losses in the Asian markets and a weak…
5 mins read
Four IPOs to raise over ₹4,600 crore this week
At a time when the stock market is on an upswing despite negative cues from global markets, the pri…
2 mins read
Rupee falls 12 paise to 82.71 against the US dollar in morning trade
Forex traders said the rupee opened on a flat note ahead of the US Federal Reserve's much-awaite…
PTI
6 mins read
Hindenburg Effect: Four out of nine Adani group stocks hit lower circuits as sell-off continues
Adani group stocks continued to witness a sell-off on Wednesday. Four of the nine group companies s…
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
3 mins read
Paytm shares tank over 9% as 4.5% of its equity changes hands
Paytm shares tanked over 9% in the first hour of trade on Thursday, as 4.5% of the company’s equity…
5 mins read
Adani Enterprises posts ₹820 crore net profit in Q3: Gautam Adani says current market volatility temporary
Gautam Adani-led Adani Enterprises reported a net profit of ₹820 crore in Q3 on Tuesday, as against…
1 min read
Delhivery makes a tepid debut on exchanges as it rises 1% on listing day
The Indian equity markets added another stock to the list of new age technology stocks — logistics …
3 mins read
Best and worst performing stocks of 2022
India's benchmark indices Sensex and Nifty50 managed to outperform most of the global markets in 20…