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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…
2 mins read
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
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…
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
2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
3 mins read
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
3 mins read
Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October
Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
1 min read
Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales
The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …
PTI
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
2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
2 mins read
Rural demand, government spending to drive growth in the second half of FY25
Rural demand and government spending will be key drivers of India's economic growth in the second h…
2 mins read
Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates
The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…
3 mins read
Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore
Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…
PTI
2 mins read
Ola Electric Mobility losses widen to ₹347 crore in Apr-Jun quarter
Revenue from operations for the quarter under review was Rs 1,644 crore against Rs 1,243 crore …
PTI
2 mins read
Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24
One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…
ANI
4 mins read
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
2 mins read
India's GDP surpasses estimates, grows at 8.2% in FY24 and 7.8% in Q4
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the Ja…
ANI
3 mins read
Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore
The consolidated results of Ambuja Cements include the financial performance of its step-down firm …