Page 218 of industry news

Funding winter: IFSCA aims to hand out Fintech grants to Indian innovators from early next year

IFSCA Chief Technology Officer Joseph Joshy said Indian Fintechs have started applying for the IFSCA Fintech Incentive Scheme, 2022, which…

November 8, 2022 14:34 IST

Chiratae Ventures announces maiden growth fund capital pool of Rs 759 crore

The firm plans to back about 15 companies over the course of the fund and said it will invest about…

Updated: November 9, 2022 00:04 IST

Adani Enterprises now among top 10 most valued listed firms

In the last six sessions, Adani Enterprises jumped 19.2%, while it advanced over 131.7% so far this year.

Updated: November 8, 2022 11:51 IST

Competition in paints sector to intensify with Grasim’s proposed foray; pricing to be key, say analysts

In October, Asian Paints earmarked a capex of about Rs 6,750 crore over the next three years, including Rs 3,400…

Updated: November 8, 2022 07:25 IST

Britannia volume growth aided by product launches, innovation

During the quarter, Britannia’s operating margin also improved 80 basis points to 16.3% on the back of pricing actions and…

November 8, 2022 02:45 IST

Centre’s satcom reforms to save Rs 120 cr a year: BIF

The statement from BIF follows the government’s recent announcement of reforms for satellite communications and wireless licensing undertaken in the…

November 8, 2022 02:15 IST

Unacademy fires another 350 employees citing funding crunch

Unacademy CEO Gaurav Munjal announced the layoffs in an internal email to employees, saying that all those affected will be…

November 8, 2022 02:00 IST

DoT urges states to expedite permissions for BSNL 4G in uncovered villages

The government aims to provide connectivity and facilitate digital inclusion of nearly 30,000 villages in the next one year.

November 8, 2022 01:45 IST

Steep rise in coal, fuel costs hit India Cements; reports Rs 138-cr Q2 loss

India Cements said the higher cost could not be compensated by way of price increase due to a huge supply…

November 8, 2022 01:30 IST

Bombay Dyeing in SAT against Sebi

Challenges regulator’s order barring access to capital markets

November 8, 2022 01:15 IST

Brookfield India REIT Q2 net operating income up 48% at Rs 241 cr

The REIT’s net asset value (NAV) increased 4% y-o-y to Rs 337 per unit as of September 30.

November 8, 2022 01:00 IST

L&T Realty, CapitaLand India Trust ink deal to develop 6 m sq ft office space

As part of the agreement, CLINT will acquire a full stake in all three properties upon completion. All the three…

Updated: November 8, 2022 08:36 IST

Divi’s Lab Q2 net dips 18 pc at Rs 494 crore

The drug firm had reported a net profit of Rs 606 crore in the July-September period of last fiscal.

Updated: November 7, 2022 16:23 IST

India needs USD 300 bn investment to meet 500 GW green capacity target by 2030: Report

With 165 gigawatts (GW) generation capacity already in place, the country is on the right trajectory to meet its goal…

Updated: November 7, 2022 15:59 IST

About 1 lakh projects under PMKKKY completed for relief in mining areas

The Centre launched PMKKKY to provide for the welfare of areas and people affected by mining-related operations, using the funds…

Updated: November 7, 2022 15:31 IST

Adani Group continues to seek equity partners, says CreditSights

The Group, led by Asia’s richest person Gautam Adani, is looking to expand its presence in power generation and infrastructure…

November 7, 2022 11:17 IST

Demand likely to slow down for IT companies in H2

Nasdaq-listed Cognizant, which follows the calendar year, lowered its full year 2022 revenue growth guidance to 7% in constant currency…

November 7, 2022 04:10 IST

Vodafone, Idea, Vodafone Idea, Mobile, Telecom, Vodafone plans, Vodafone schemes, Rural markets, Industry

Voda Idea expands retail presence with 300 new ‘Vi shops’ in rural markets across 5 circles

The Vi Shops concept for Tier 3 towns is intended to deliver a uniform experience to local customers.

November 6, 2022 16:52 IST

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Eternal’s profit dips in Q2 on q-comm expansion, slow food delivery recovery

Business43 min ago

Eternal’s Q2 FY26 profit decreased by 63% due to higher expenses from investments in quick-commerce. Revenue from operations grew by 2.8 times, but this was mainly due to a change in Blinkit’s business model. Material costs accounted for 56% of expenses. The food delivery business showed improvement, but Hyperpure’s revenue declined.

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