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
New Delhi (IANS) E-commerce platform Flipkart’s logistics arm reported a more than five times surge in its net losses to Rs 1,718.4 crore last fiscal (FY24), compared to Rs 324.6 crore in the previous fiscal (FY23). Instakart Services, which operates … read more
New Delhi (IANS) Bhavish Aggarwal-run Ola Electric on Friday reported a huge 43 per cent surge in net loss at Rs 495 crore in the July-September period (Q2 FY25), from Rs 347 crore in the previous quarter (Q1 FY25), as … read more
New Delhi (IANS) Swiggy IPO continued to see a tepid response from investors on the second day of bidding on Thursday. The Rs 11,327 crore IPO was subscribed 0.35 times or 35 per cent on the second day. The food … read more
New Delhi (IANS) Concentrated revenue risk, dependence on government-owned transmission grids and infrastructure, and growth relying on winning highly competitive project bids are key risks for ACME Solar Holdings IPO, a brokerage firm said on Tuesday. The IPO is a … read more
New Delhi (IANS) Hyundai Motor India Limited (HMIL) on Friday said it registered total sales of 70,078 units last month, achieving its third highest domestic sales as well as third highest monthly total sales numbers since inception. The domestic sales … read more
New Delhi (IANS) NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, on Monday said it has received approval from the Securities and Exchange Board of India (SEBI) to raise Rs 10,000 crore through an initial public offering (IPO). … read more
New Delhi (IANS) In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still accounts for 60 per cent of consumer expenditure (as of March 2024) is rapidly declining, according to … read more
Ahmedabad (IANS) Adani Green Energy Ltd (AGEL) on Tuesday reported 20 per cent EBITDA growth at Rs 4,518 crore in the first half of FY25, as cash profit surged by 27 per cent YoY to Rs 2,640 crore. On the … read more
Bengaluru (IANS) Online brokerage firm Groww on Monday reported a net loss of Rs 805 crore in FY24, after paying about Rs 1,340 crore as a one-time tax on its domicile movement to India earlier this year. The company clocked … read more