loss
- Technology
Vodafone Idea reduces loss to Rs 7,176 crore in July-Sept quarter
New Delhi: Vodafone Idea has reduced its losses to Rs 7,176 crore in the July-September quarter of the current financial year from Rs 8,738 crore in the same quarter last year. Revenue…
- News
IPO-bound Swiggy clocks Rs 2,350 crore net loss in FY24
New Delhi: Zomato’s rival Swiggy, set for its initial public offering (IPO) posted Rs 2,350 crore in net loss in the last fiscal year (FY24). The online food delivery platform, however, reduced…
- News
Mild quake jolts Nepal; no damage or loss of lives reported: Official
Kathmandu: A mild earthquake measuring 4 magnitude jolted western Nepal’s scenic city of Pokhara on Saturday, according to an official statement. However, there was no report of any loss of lives or…
- Business
Edtech platform Cuemath’s losses up, sales dips over 18%
New Delhi: Google-backed edtech platform Cuemath’s losses went up by 8.3 per cent to reach Rs 235 crore in FY23, from Rs 217 crore in FY22. The startup’s revenue from operations nosedived…
- Technology
Atomic Wallet faces security breach, loses over $35 mn in crypto
London: Atomic Wallet, a mobile and desktop crypto wallet allowing users to store various cryptocurrencies, has experienced a security breach and lost over $35 million in crypto assets since June 2. ZachXBT,…
- Business
Tesla reveals loss of $204 mn from Bitcoin investments in 2022
San Francisco: Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. In a filing with the US Securities and Exchange Commission…
- Business
2023 looks another worst year for BYJU’s as its problems just don’t recede
New Delhi: As the year comes to a close, edtech platforms have hogged headlines for all the wrong reasons — from leading layoffs in the Indian startup ecosystem to shuttering several verticals…
- Business
IRCTC causing loss to exchequer by not issuing invoice: Tax consultant
Chandigarh: The Indian Railway Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, is causing loss to the exchequer by not issuing invoice to the consumers for…
- Technology
Huawei’s revenue loss slows down amid Cloud push
Shenzhen: Chinese conglomerate Huawei on Friday posted nearly 6 per cent loss in revenue for the first six months of the year and its device business, which includes smartphones, fell 25.4 per…
- Technology
Coinbase reports $1.1 bn in net loss, revenue drops 60% in Q2
New Delhi: Largest cryptocurrency exchange Coinbase has reported a massive loss in both revenue and profit in the June quarter — logging $1.1 billion in net loss as revenue declined from $2.033…
- Technology
SoftBank posts massive $23.4 bn net loss, 2nd straight quarter in red
Tokyo: Japanese investment major SoftBank Group on Monday posted a huge $23.4 billion loss in the April-June quarter, as tech stocks continued to get hammered in the economic downturn. The Masayoshi Son-led…
- Technology
Snapchat loses $10 bn as stock hits new 52-week low
San Francisco: Snap, the parent company of Snapchat, suffered nearly $10 billion loss after its shares hit a new 52-week low over disappointing quarterly results (Q2) amid poor future forecast. The company’s…
- World
Ukrainian losses significantly reduced since peak of war: Zelensky
Kiev: Ukrainian President Volodymyr Zelensky said that about 30 soldiers were dying on the frontline everyday now, a significant reduction since the peak of the ongoing war in May and June when 100-200…
- Technology
Xiaomi loses huge 8% market share in India in 2 years
New Delhi: Global smartphone brand Xiaomi which has maintained top position in the smartphone shipments in India for 17 consecutive quarters, is fast losing market share in India and since Q1 2020,…
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