Companies

Paytm reports Rs 208 crore loss in Q3, revenue down by 36 pc

Paytm's parent company One97 Communications Limited has clocked a loss of Rs 208 crore in the third quarter of FY25, from Rs 222 crore in the same quarter last year.

Jan 20, 2025

24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights

With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government's production-linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India

Jan 20, 2025

Paytm log 10 pc revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

Paytm log 10% revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

Leading payments and financial services company, Paytm, on Monday reported impressive robust growth across key financial metrics. The company's operating revenue surged by 10 per cent quarter-on-quarter (QoQ) to Rs 1,828 crore in Q3 FY2025, driven by its payments business and expanding financial services distribution portfolio.

Jan 20, 2025

Motilal Oswal denies accusations circulating on social media, calls them 'baseless'

Asset manager Motilal Oswal Asset Management Company (MOAMC) on Sunday denied accusations circulating on social media against the company and its officials.

Jan 19, 2025

Hindenburg founder Anderson named in investigations for securities fraud, faulty disclosures: Reports

Substantial evidence has begun to emerge against the controversial short-seller Hindenburg Research and its founder Nathan Anderson in a court battle in Ontario, Canada, exposing Hindenburg's secret ties, and potential securities fraud and faulty disclosures made by the firm and the founder, according to media reports.

Jan 19, 2025

Bharat Mobility Global Expo 2025: Tata Motors unveils over 50 next-gen vehicles, intelligent solutions at auto expo

Tata Motors on Friday unveiled more than 50 next-generation vehicles, visionary concepts and intelligent solutions at the 'Bharat Mobility Global Expo 2025' here, including 32 future-ready passenger and commercial vehicles.

Jan 18, 2025

Govt approves refarming of 687-megahertz spectrum for telecom industry: Jyotiraditya Scindia

The government has approved the refarming of 687 megahertz (MHz) of spectrum for the telecom industry from various ministries, Union Communications Minister Jyotiraditya Scindia said on Friday, a move hailed by the industries bodies for faster rollout of better 5G services across the country and prepare for the 6G era.

Jan 17, 2025

Maruti Suzuki India unveils 1st BEV SUV, to be exported to 100 countries

Maruti Suzuki India unveils its 1st BEV SUV, to be exported to 100 countries

Maruti Suzuki India Limited (MSIL) on Friday unveiled its first battery electric vehicle (BEV) SUV -- called 'e VITARA' -- along with the comprehensive electric eco-solutions, at the 'Bharat Mobility Global Expo 2025' here.

Jan 17, 2025

Indian corporates headed for better credit metrics in 2025-26: Fitch

The credit metrics of rated Indian corporates are expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins, despite high capex intensity, according to the latest Fitch report.

Jan 13, 2025

WeWork India clocks nearly Rs 131 crore loss in FY24, expenses up by 19 pc

Flexible co-working space provider WeWork India suffered a loss of about Rs 130.8 crore in FY24, down from Rs 144.5 crore in FY23.

Jan 13, 2025

IPO-bound seafood marketplace Captain Fresh posts Rs 229 crore loss in FY24

IPO-bound B2B seafood marketplace Captain Fresh suffered a massive loss of Rs 229 crore in FY24, over 340 per cent decline (or up 4.4 times) from Rs 52 crore in FY23.

Jan 13, 2025

2024 becomes year of Apple in India amid premiumisation, PLI push, retail expansion

Apple clocks Rs 1 lakh crore worth iPhone exports from India in 2024: Industry

Riding on the government's production-linked incentive (PLI) scheme and rising premiumisation trend, Apple has reached Rs 1 lakh crore in iPhone exports from India in the calendar year 2024.

Jan 13, 2025

Zomato, Swiggy hike platform fee to Rs 6 per order

Top industry associations slam Zomato, Swiggy over private label food delivery

The Federation of Hotel and Restaurant Associations of India (FHRAI) and the National Restaurant Association of India (NRAI) have reiterated serious concerns over online food aggregators Zomato and Swiggy's recent move to enter the private label food delivery business.

Jan 13, 2025

Adani Group commits Rs 60,000 crore investment plan to enhance Chhattisgarh's power generation

The Adani Group has announced a planned investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba, and Raigarh in Chhattisgarh.

Jan 12, 2025

Zerodha's Nikhil Kamath now India's youngest billionaire at 37

Zerodha Co-Founder Nikhil Kamath: A Billionaire's Journey

Nikhil Kamath, co-founder of Zerodha, has a net worth of $3.1 billion and started his journey with a call centre job. Zerodha, co-founded with his brother, disrupted the Indian brokerage market with a discount model and now has over 10 million clients.

Jan 10, 2025

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Companies

Paytm reports Rs 208 crore loss in Q3, revenue down by 36 pc

24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights

Paytm log 10% revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

Motilal Oswal denies accusations circulating on social media, calls them 'baseless'

Hindenburg founder Anderson named in investigations for securities fraud, faulty disclosures: Reports

Bharat Mobility Global Expo 2025: Tata Motors unveils over 50 next-gen vehicles, intelligent solutions at auto expo

Govt approves refarming of 687-megahertz spectrum for telecom industry: Jyotiraditya Scindia

Maruti Suzuki India unveils its 1st BEV SUV, to be exported to 100 countries

Indian corporates headed for better credit metrics in 2025-26: Fitch

WeWork India clocks nearly Rs 131 crore loss in FY24, expenses up by 19 pc

IPO-bound seafood marketplace Captain Fresh posts Rs 229 crore loss in FY24

Apple clocks Rs 1 lakh crore worth iPhone exports from India in 2024: Industry

Top industry associations slam Zomato, Swiggy over private label food delivery

Adani Group commits Rs 60,000 crore investment plan to enhance Chhattisgarh's power generation

Zerodha Co-Founder Nikhil Kamath: A Billionaire's Journey

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]