New Delhi (IANS) Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23. The loss was narrowed due to the reduction in the company’s expenses. The total expenditure of … read more
New Delhi (IANS) The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26), a report said on Monday. Trends in … read more
Mumbai (IANS) The share of Reliance Industries Limited (RIL) has underperformed in the last three months, and India’s largest private firm stock is heading towards negative return for the first time in the last 10 years. RIL, which holds an … read more
Mumbai (IANS) The RBI has decided to expand the reach of the FX-Retail platform by linking it with the NPCI’s Bharat Connect so that greater transparency and fairness in the pricing of foreign exchange is provided to more users, especially … read more
New Delhi (IANS) The passenger vehicle (PV) sales in India increased about 4 per cent (year-on-year) at 3,50,000 units in the month of November, data showed on Monday. The total domestic PV wholesales stood at 335,954 units last month, driven … read more
New Delhi (IANS) There was an uptick in the sale of cars and SUVs in the domestic market during November with market leader Maruti Suzuki India Ltd, Tata Motors, and Toyota Kirloskar recording an increase in dispatches to dealers during … read more
New Delhi (IANS) Online pre-owned car retailer platform Cars24 has reported a loss of Rs 498 crore in the last financial year (FY24), compared to Rs 468 crore in FY23, which is a 6.4 per cent increase. The company’s expenses … read more
Mumbai (IANS) Indian equity indices closed in the red on Thursday as sentiment around the globe was weakened due to rising tensions between Russia and Ukraine. The domestic market faced renewed pressure due to escalating tensions in the Russia-Ukraine conflict … read more
Mumbai (IANS) Integrated supply chain services provider Delhivery saw its net profit nosedive more than 80 per cent (quarter-on-quarter) in the July-September period (Q2) of the current financial year. The third-party logistics service company posted net profit of Rs 10.2 … read more
New Delhi (IANS) The total assets under management (AUM) across mutual funds (MF) in India reached Rs 66.98 lakh crore in October, showing a marginal increase of 0.25 per cent against Rs 66.82 lakh crore in September, according to the … read more