Vodafone Idea net loss has widened sequentially in the September quarter by Rs 743.8 crore to Rs 7,175.9 crore, due to a significant increase in interest and finance cost, and a dip across most key performance indicators. Losses stood at Rs 6,432.1 crore a year ago. This was despite a 4% sequential rise in revenue
As wedding bells ring louder across Delhi, so do the car horns stuck in bumper-to-bumper traffic. The city is bracing for a season of grand ‘band, baaja, baraat’ — and the chaos that comes with it. With 4.5 lakh weddings set to take place over the next three weeks, expect roadways to transform into impromptu
Swiggy on Wednesday said it is expecting very solid growth in the next 3-5 years and plans to expand its geographical footprint and stores network for Instamart business. It said it has doubled the categories for quick commerce in the last 12 months. “We are expecting very solid growth for the next 3-5 years. We
Despite an improvement in capex by the central public sector enterprises (CPSEs), aggregate capex by public sector entities including NHAI and the Railways declined 8% on year in April-October of the current financial year. The slower pace of investment by railways and the National Highways Authority of India continued to weigh in these undertakings’ aggregate
Energy and environment solutions company Thermax reported a 25% year-on-year rise in consolidated net profit to Rs 198 crore and a 13% increase in revenue for the September quarter to Rs 2,612 crore. The current quarter’s revenue and profit were favourably impacted by an accrual of Rs 66 crore as income towards the incentive receivable
Industrialist Gautam Adani announced Wednesday that his group will invest $10 billion in energy and infrastructure projects in the United States. “Congratulations to @realDonaldTrump,” Adani posted on X, congratulating the US President. “As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10
Kalyan Jewellers India Ltd on Wednesday reported a profit decline of 3.37 per cent for the fiscal second quarter at Rs 130.33 crore in comparison to Rs 134.87 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 6065.48 crore, up 37.40 per cent as against Rs 4414.54 crore during the
– By Sunil Sisodiya A significant change in the commercial and residential real estate market is happening in India in 2024 owing to a combination of economic factors, changed consumer preferences, and rapid advances in technology. While the Indian economy is recovering from the aftermath of the pandemic and has advanced at an increased rate
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following
