Business
- Business
Adani Energy Solutions to raise upto Rs 12,500 crore
Mumbai: Adani Energy Solutions Ltd (AESL) on Monday, May 27, said that its board has approved raising funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible modes…
- Hyderabad
Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
Hyderabad: Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore. In a statement, Aparna…
- Business
BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix
Bengaluru: The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes…
- Business
Nazara Tech promoter sells 6.3 pc equity to Plutus Wealth Management
New Delhi: Gaming and sports media platform Nazara Technologies, on Monday, said that its promoter Mitter Infotech has sold 48.84 lakh equity shares, or 6.36 per cent of its stake in the…
- Business
Mamaearth’s parent firm Honasa logs Rs 30 crore PAT in Jan-March quarter
New Delhi: Honasa Consumer Ltd, the parent company of Ghazal Alagh and Varun Alagh-led Mamaearth, on Thursday reported quarterly profit after tax (PAT) at Rs 30 crore for the January-March quarter this…
- Business
India only country to register rise in steel production in April
New Delhi: India is the only country among the world’s top steel-producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel…
- Business
Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru: As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of…
- Business
BHEL Q4 net profit declines 25 pc at Rs 484 crore
New Delhi: Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the…
- Business
Healthcare platform RED Health secures $20 mn led by Jungle Ventures
New Delhi: Healthcare platform RED.Health on Wednesday said it has raised $20 million in its Series B funding led by Jungle Ventures. The fresh funds will be utilised in the expansion of…
- Business
Govt plans to mandate anti-fake review rules for e-commerce firms
New Delhi: The government is considering to make it mandatory for e-commerce companies to comply with quality norms for consumer reviews after a voluntary push failed to effectively curb fake reviews, a…
- Business
Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25
New Delhi: Zomato on Monday said that its quick commerce business Blinkit turned adjusted EBITDA positive in March, as the online food delivery platform clocked Rs 194 crore in adjusted EBITDA for…
- Business
Proptech platform Square Yards’ expenses surge to over Rs 1,220 crore in FY24
New Delhi: Gurugram-based proptech company Square Yards saw its expenses grow over 25 per cent to Rs 1,220.25 crore in FY24, from Rs 926.68 crore in FY23. Employee benefits remained the biggest…
- Business
Tata Technologies clocks profit before tax at Rs 932 crore in FY24
New Delhi: Tata Technologies Limited on Friday reported profit before tax (PBT) at Rs 932 crore in FY24, a 17.1 per cent growth (year-on-year), as the board recommended a final dividend of…
- Business
Zomato CEO calls experienced ex-restaurateurs to help him serve better
New Delhi: Zomato co-founder and CEO Deepinder Goyal on Friday called experienced ex-restaurateurs to come and help him build an online food delivery platform that serves its customers and the overall food…
- Business
Byju’s pays April salary in full, except to sales employees
New Delhi: Embattled edtech platform Byju’s has paid full salary for April to employees in all functions, except sales staff, even as the company is facing a liquidity crisis. According to sources,…