New Delhi (IANS) Digital banking platform MobiKwik on Wednesday said it clocked Rs 560 crore in revenue in the financial year 2022-23 and became profitable from the fourth quarter of the financial year 2022-23. The company’s contribution margin rose to … read more
New Delhi (IANS) The gross GST revenue for April 2023 stood at Rs 1,87,035 crore, which was 16.8 per cent more than Rs 1,60,122 crore of gross GST collected for March 2023. The gross GST collection in April 2023 is … read more
Chennai (IANS) IDBI Bank on Saturday said that it had closed FY23 with a net profit of about Rs 3,645 crore and the Board of Directors have recommended a dividend of Re 1 per equity share. In a regulatory filing, … read more
Chennai (IANS) Owing to India’s rural economy diversified into the non-farm sectors, the overall impact on rural demand and gross domestic product (GDP) may not be large in the case of a below normal southwest monsoon, said CARE Ratings. In … read more
Bengaluru (IANS) Leading technology services and consulting company Wipro Ltd on Thursday reported gross revenues of Rs 231.9 billion for the financial quarter ending March 31, 2023. However, with net income for the quarter pegged at a,30.7 billion, even as … read more
New Delhi (IANS) As the metaverse gains traction in the global business landscape, Indian business executives are also embracing the trend, with nearly 70 per cent of them planning to integrate it into their organisational activities, a new report showed … read more
New Delhi (IANS) As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown. … read more
New Delhi (IANS) Indian IT spending (which includes spending by enterprises, service providers and consumers) is projected to grow by 4.7 per cent in 2023 to $86.7 billion, lower than the earlier 5.8 per cent growth forecast for 2023, an … read more
New Delhi (IANS) Leading gaming platform CEOs on Monday expressed their grave concerns over the ‘extortionist’ 30 per cent tax imposed by Google on gaming apps in the country. Mandatory in-app purchases force consumers to pay only through their payment … read more
Lucknow (IANS) Excise remains a top revenue grosser in Uttar Pradesh for the second consecutive year. The revenue was higher by 14 per cent as compared to the previous fiscal year (2021-22) when the state registered a collection of Rs … read more