Food delivery major Zomato on Tuesday reported a profit surge of 388.9 per cent during the fiscal second quarter at Rs 176 crore in comparison to Rs 36 crore recorded during the corresponding quarter of previous fiscal year. It recorded revenue from operations at Rs 4799 crore, up 68.5 per cent as against Rs 2848
E-commerce major Snapdeal announced that it has witnessed 1.8 times growth in order volumes during the festive season sale till 15th October 2024. The growth is in comparison with last year’s festive season sales period. The e-commerce platform is focused on value segments and hosts high-quality, value -priced merchandise in key categories like home, fashion
The cab service platform, Cabi by SKIL, has launched the pink module as an experimental project in Bengaluru that aims to ensure a safe and comfortable travel experience, for women passengers, by employing women drivers who are specially trained in exceptional service and self-defence. Once successful in the Indian Silicon Valley, the service will be
Bajaj recently launched the Pulsar N125, the third 125cc in the lineup. Aggressively priced, it starts from Rs 94,707, the new Pulsar N125 is powered by a new 125cc engine and has bucket loads of features. We decided to pit it against the TVS Raider 125. So, saddle up as we find out which you
Mercedes-Benz has reintroduced an updated AMG G 63 in India. Priced at Rs 3.60 crore (ex-showroom), the new AMG G 63 sits on top of G-Wagon range and comes at Rs 1.05 crore over the base G-Class 400d. Prior to this, the German marque also introduced a limited-run G-Class AMG G 63 Grand Edition at
Physical gold or gold ETF? Which is better in terms of return on investments? Before comparing the returns given by both these investment instruments, it’s important to understand their fundamental differences. Physical gold refers to gold that is purchased in the form of coins, bars or jewelry. Physical gold is owned directly by an individual
97% of Indians are planning to travel this festive and holiday season, with 33% having already booked their travel, according to the Amex Trendex India findings released by American Express today. Leisure tops the list of travel motivations (63%), followed by the desire to explore new places (54%) and reconnect with family and friends (27%).
One97 Communication, the parent firm of Paytm, fell as much as 7.7% to an intra-day low of Rs 669.80. The company reported a net profit of Rs 930 crore in the second quarter of FY25 against a loss of Rs 290 crore posted in the same quarter a year ago. However, the company’s revenue from
EV cab aggregator BluSmart has denied reports of being in discussions or negotiations with Uber regarding a possible acquisition. A spokesperson from BluSmart told CNBC TV18 that reports suggesting such a development are entirely speculative and unfounded. The company spokesperson further maintained that BluSmart remains focused on scaling its operations, expanding its footprint, and driving
Welspun Corp Ltd on Monday announced that it has received a new order worth Rs 2,400 crore (approx) in the US. The order, it added, is for supply of coated pipes for Natural Gas Pipeline Projects in the USA. In a regulatory filing, the company said that the orders will be executed largely during FY26
All eyes are on the market levels this week after the Nifty failed to close above 22,500 last week. Positive global cues are expected to boost sentiment. Market participants have noted that the Nifty 50 needs to jump above the 22,500 mark decisively for an uptrend as this has become a key resistance level while
For stock market investors, few things are as exciting as corporate rewards such as dividends landing in their accounts, extra shares through bonuses, or stock splits making pricey stocks more affordable. And this week, there is a lot happening on that front. Some of the most watched stocks include Indian Railway Finance Corporation (IRFC), Power
The IPO market is back in action. After a relatively quiet spell, the primary market is heating up again with four new public issues set to open for subscription this week. Investors can look forward to one mainboard IPO and three SME IPOs hitting the Street, while two recently concluded issues will make their market
