Online-Only Startups Adopt A Bold New Strategy: Opening Actual Shops
Warby Parker planned to sell glasses online and shake up retailing. Now it’s discovered the value of real stores—900... Read more
Air France-KLM, IndiGo Eye Bigger Mkt With Codeshare
In 2022, Air France-KLM and IndiGo had announced that they had implemented a codeshare agreement allowing each airline t... Read more
Margins To Stay Stressed For Next 3 Quarters: L&T
L&T chief financial officer R. Shankar Raman, in an interview, attributed the decline in profit margin to orders... Read more
Indian Overseas Bank Q4 Profit Rises 18% To ₹650 Crore
The Chennai-based bank had posted a net profit of ₹552 crore in the same quarter a year ago. Read more
Byjus Raises$250 Mn Debt From Davidson Kempner Cap
The fresh capital was raised at the company’s current valuation of $22 billion, two people with knowledge of the deve... Read more
TaMo To Pay 1st Dividend Since 16
The company had incurred a net loss of ₹1,032 crore in the year-earlier quarter. Read more
Go First Lessors Plea To Be Heard Monday
A bench led by Justices Ashok Bhushan and Barun Mitra will take up the petition filed by SMBC Aviation Capital, one of t... Read more
Cipla Q4 Net Profit Jumps 45% On Strong US Show
Adjusted for the same, the company’s net profit stood at ₹708 crore during Q4. Read more
MSCI Blow To 2 Adani Cos
Global index provider MSCI on Friday removed Adani Transmission Ltd and Adani Total Gas from its MSCI Global Standard In... Read more
India Exim Bank Sees Loan Growth Of 12-15% In FY24
The bank said it has a portfolio of 303 state-supported lines of credit, with commitments of $31.85 billion, at various ... Read more
SC Offers 3-month Extension To Sebi On Adani Group Case
Court to review Adani panel report before deciding on extension Read more
Vedanta Q4 Profit Drops 68% On One-time Charge
Consolidated revenue from operations fell by 5.4% to ₹37,225 crore from ₹39,342 crore during the period under revi... Read more
Banks Can Tag Loan Fraudulent Without Personal Hearing: SC
The apex court clarified that an oral or personal hearing was not necessary in every case. Read more
Vi Records Biggest Customer Exodus In Nearly 2 Yrs In Feb
The absence of 5G services is a key factor behind the faster erosion of marketshare of the No. 3 carrier with customers ... Read more
Dolomite To Invest ₹100 Cr To Expand Jamies Outlets
In its first phase, the company will increase its presence to about 50 restaurants, doubling the network in the next fi... Read more