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Paytm Results: Read full text of Vijay Shekhar Sharma’s letter to shareholders Paytm Results: We expect near-term financial impact to our revenue and profitability, due to disruptions faced in our business in Q4. This includes steady state impact due to pausing of PPBL wallet, Paytm CEO Vijay...

GSFCL Q4 results: Net profit drops 89% to ₹24.43 crore due to external headwinds in fertilisers & industrial products The total income fell 16.34 per cent to ₹2,017.46 crore in the January-March quarter of 2023-24 from ₹2,411.56 crore a year earlier, according to a regulatory filing.

Food regulator FSSAI finds no traces of ethylene oxide in MDH and Everest: Report The FSSAI on Tuesday said that the extensive spices sample testing across the nation has not revealed any traces of ethylene oxide (ETO), a cancer-causing chemical, in the products of MDH and Everest following...

Adani eyes 3 global ports, prepares $3 billion cash chest Adani Group is planning to invest up to $3 billion in the next two years to expand international ports business, primarily via acquisitions as the Ahmedabad-headquartered conglomerate aims to create a prominent presence in the crucial...

KKR sells part of RE Sustainability back to promoters; pursues a sale for the rest KKR has appointed two investment banks to find buyers for RE Sustainability's industrial waste business. This is KKR's second attempt to the exit the business, after trying a sale in August 2021, and a public listing.

Lenders seek to claw back over ₹31,000 crore from bankrupt firms' dubious deals The value of such transactions has increased to ₹3.7 trillion, up from ₹3.39 trillion at the end of December

State-run IREDA plans FPO in FY25 as loan demand for renewable projects rises Currently, IREDA’s net worth is around ₹8,600 crore and its loan book stands at around ₹59,698 crore. In FY24, the company disbursed around ₹25,089 crore, higher from ₹21,639 crore in FY23.

Rategain Travel Technologies Q4 Results Live : profit rise by 120.45% YOY Rategain Travel Technologies Q4 Results Live : Revenue decreased by 35.74% YoY & profit increased by 120.45% YoY

Ddev Plastiks Industries Q4 Results Live : profit falls by 27.64% YOY Ddev Plastiks Industries Q4 Results Live : Revenue increased by 69.97% YoY & profit decreased by 27.64% YoY

IndiGo Q4 results: Is the budget airline staring at best-ever profits in Indian aviation? Both the number of grounded planes and the duration of grounding have ballooned since the earlier estimation. How does it impact IndiGo and what are the mitigation measures?

Trent speeds up Zudio expansion, adds over 200 stores last fiscal In FY24, Zudio entered 46 cities and added more presence in 48 cities.

BHEL Q4 Results: Net profit drops 25% to ₹489 crore, revenue up marginally; dividend declared BHEL Q4 Results: The largest state-owned power generation equipment manufacturer's revenue from operations in the fourth quarter of FY24 rose marginally by 0.4 per cent to ₹8,260 crore.

Ircon International Q4 results: Net profit down 3.7% YoY to ₹247 crore, announces dividend of ₹1.30 Ircon International Q4 results: The engineering and construction company posted a marginal 3.7 per cent decline in its consolidated net profit to ₹246.8 crore for the March quarter from ₹256.49...

Flipkart has FOMO? Zepto and Blinkit are changing the e-commerce giant On Blinkit, you can shop for Sony’s latest gaming console. On Zepto, there are portable bluetooth speakers. Quick commerce companies are slowly diversifying beyond what they are mostly known for—grocery. Larger e-commerce...

JSW Cement to invest ₹3,000 crore for a new cement facility in Rajasthan The cement manufacturing facility will include a clinkerization unit of up to 3.30 mtpa and a grinding unit of up to 2.50 mtpa.JSW Cement aims to increase its cement manufacturing capacity to 60 mtpa over the next five...

Bengaluru's Kempegowda International Airport scraps plan to charge entry fee for vehicles accessing Terminals 1 and 2 Bengaluru airport authorities revoked the entry fees mandate hours after announcing charges for private and commercial vehicles entering the premises.

Emirates flight strikes flock of flamingos in Mumbai's Ghatkopar, kills 36; sparks wildlife protection concerns Emirates flight EK 508 from Dubai to Mumbai landed safely at Mumbai airport despite damages. Airport authorities confirmed the bird strike; the Mangrove Protection Cell officers said...

‘For D2C brands, quick commerce is the next big growth driver’ Bertelsmann India Investments, which has invested in D2C brands such as Nat Habit, Pepperfry and Licious, is predominantly focused on consumer-tech startups

Microsoft unveils AI-enhanced ‘copilot’ PCs to compete with Alphabet, Apple; launch set for June 18 During an event at its Redmond, Washington campus, CEO Satya Nadella introduced the ‘Copilot’ PCs. These computers, developed in collaboration with manufacturers like Acer and Asustek Computer...

'Jaanta hain tera baap kaun hain?' Zomato's Deepinder Goyal on startups in India and dreaming big from a small town Zomato founder Deepinder Goyal said his father thought it was very difficult for small-town people to start businesses in India and succeed, but added that ‘a lot has changed’.