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Ola Electric's Q3 Loss Zooms 50% YoY To INR 564 Cr

India, Feb. 7 -- Bhavish Aggarwal-led Ola Electric's consolidated net loss widened 50% to INR 564 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 376 Cr in the year-ago quarter. ... Read More


Zomato Gets Board Approval To Rename Itself As 'Eternal'

India, Feb. 6 -- The board of Zomato has approved the proposal to change the name of the company from 'Zomato Limited' to 'Eternal Limited'. In an exchange filing, Zomato said that the board also app... Read More


BYJU'S Insolvency: NCLAT Chennai Judge Recuses Himself From Hearing Riju Raveendran's Appeal

India, Feb. 6 -- National Company Law Appellate Tribunal (NCLAT) Chennai judicial member Justice (retd) Sharad Kumar Sharma has recused himself from hearing an appeal by Riju Raveendran against an ord... Read More


IPO-Bound Droom's FY24 Loss Declines 35% To INR 40 Cr

India, Feb. 6 -- IPO-bound automobile ecommerce platform Droom reported a 35% decline in its consolidated net loss to INR 40.4 Cr in the fiscal year 2023-24 (FY24) from INR 62.1 Cr in the previous fis... Read More


BlackBuck Q3 Loss Surges 145% To INR 48 Cr

India, Feb. 5 -- Logistics major BlackBuck saw its consolidated net loss zoom 145% to INR 48.03 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 19.57 Cr in the year-ago quarter o... Read More


Info Edge Q3 Profit Zooms 141% YoY To INR 288 Cr

India, Feb. 5 -- Online classified company Info Edge's consolidated net profit zoomed over 141% to INR 288.41 Cr in the December quarter of the financial year 2024-25 (Q3 FY25) from INR 119.44 Cr in t... Read More


Info Edge Board Approves Stock Split In 1:5 Ratio

India, Feb. 5 -- The board of directors of Info Edge, the parent company of Naukri.com, has approved a stock split in a 1:5 ratio. This is the first-ever stock split by the online classified company. ... Read More


Swiggy's Annual Run Rate At 1 Bn Orders: CFO Rahul Bothra

India, Feb. 4 -- Foodtech major Swiggy is currently at an annual run rate of 1 Bn orders across its consumer offerings, its CFO Rahul Bothra said. "In terms of scale, we're runrating close to a billi... Read More


Infibeam's Q3 Profit Zooms 50% YoY To INR 64 Cr

India, Feb. 4 -- Payments infrastructure company Infibeam Avenues posted a nearly 50% jump in its consolidated profit after tax (PAT) to INR 64.4 Cr in the third quarter of the financial year 2024-25 ... Read More


MobiKwik Slips Into Red, Posts INR 55 Cr Loss In Q3

India, Feb. 4 -- Fintech major MobiKwik slipped into the red in the third quarter of the fiscal year 2024-25 (Q3 FY25). The company reported a consolidated net loss of INR 55.28 Cr during the quarter ... Read More