Business
- Business
India’s smart TV shipments fell 14 pc in Q1 due to slowdown in demand: Report
New Delhi: India’s smart TV shipments dropped by 14 per cent (year-on-year) in the first quarter (Q1) of 2024 due to a slowdown in demand and an inventory build-up at major OEMs…
- Business
Fintech startup BharatX acquires Zenifi to enter medical lending market
New Delhi: Y-Combinator-backed BNPL fintech startup, BharatX on Wednesday announced that it has acquired healthcare finance startup Zenifi to enter the medical lending segment. As part of the deal, the co-founder and…
- Business
EV-maker Euler Motors raises Rs 200 cr to expand its operations to over 40 cities
New Delhi: Electric Vehicle (EV) manufacturer Euler Motors on Wednesday said that it raised an additional Rs 200 crore to close its Series C funding round, bringing the total funding raised in…
- Technology
Razorpay POS launches ‘Q-Zap’ to enable faster checkouts, zero queues
New Delhi: Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched ‘Q-Zap’, a payment solution for retailers, designed to enable faster checkouts and zero queues. With the help…
- Business
Adani Energy Solutions to raise upto Rs 12,500 crore
Mumbai: Adani Energy Solutions Ltd (AESL) on Monday, May 27, said that its board has approved raising funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible modes…
- Hyderabad
Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
Hyderabad: Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore. In a statement, Aparna…
- Business
BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix
Bengaluru: The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes…
- Business
Nazara Tech promoter sells 6.3 pc equity to Plutus Wealth Management
New Delhi: Gaming and sports media platform Nazara Technologies, on Monday, said that its promoter Mitter Infotech has sold 48.84 lakh equity shares, or 6.36 per cent of its stake in the…
- Business
Mamaearth’s parent firm Honasa logs Rs 30 crore PAT in Jan-March quarter
New Delhi: Honasa Consumer Ltd, the parent company of Ghazal Alagh and Varun Alagh-led Mamaearth, on Thursday reported quarterly profit after tax (PAT) at Rs 30 crore for the January-March quarter this…
- Business
India only country to register rise in steel production in April
New Delhi: India is the only country among the world’s top steel-producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel…
- Business
Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru: As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of…
- Business
BHEL Q4 net profit declines 25 pc at Rs 484 crore
New Delhi: Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the…
- Business
Healthcare platform RED Health secures $20 mn led by Jungle Ventures
New Delhi: Healthcare platform RED.Health on Wednesday said it has raised $20 million in its Series B funding led by Jungle Ventures. The fresh funds will be utilised in the expansion of…
- Business
Govt plans to mandate anti-fake review rules for e-commerce firms
New Delhi: The government is considering to make it mandatory for e-commerce companies to comply with quality norms for consumer reviews after a voluntary push failed to effectively curb fake reviews, a…
- Business
Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25
New Delhi: Zomato on Monday said that its quick commerce business Blinkit turned adjusted EBITDA positive in March, as the online food delivery platform clocked Rs 194 crore in adjusted EBITDA for…
