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ITI jumps after Q4 net loss narrows to Rs 4 cr

Mumbai, May 28 -- Revenue from operations jumped 73.9% YoY to Rs 1,045.70 crore in Q4 FY25. The company reported pre-tax loss of 4.38 crore in Q4 FY25, compared with pre-tax loss of Rs 238.82 crore i... Read More


Red Envelope Mystery reaches a Boiling Point: Countdown ticks down

India, May 28 -- The Red Envelope saga took another unexpected turn last night in Bangalore, as a digital billboard briefly flickered and displayed a QR code, before returning to its usual iPhone ad. ... Read More


Macrotech Developers rises after ICRA upgrades LT rating to 'AA' with 'positive' outlook

Mumbai, May 28 -- The agency has reaffirmed the company's short-term rating at '[ICRA] A1+'. ICRA stated that the rating upgrade factors in the steady increase in MDL's pre-sales and collections, whi... Read More


Amagi Turns Into A Public Entity As It Readies For IPO

India, May 28 -- Media-focussed SaaS unicorn Amagi has converted into a public entity as it gears up for its initial public offering (IPO). As per its filings with the Registrar of Companies (RoC), t... Read More


NR Vandana Textile IPO Day 1: GMP, subscription status, price band, other details of NSE SME IPO

New Delhi, May 28 -- The initial public offering (IPO) of textile manufacturer N R Vandana Tex Industries Limited opened for subscription on Wednesday, May 28, and will remain so till Friday, May 30. ... Read More


Increased capex, focus on rare earth minerals may shape India's 'Viksit Bharat' journey: EY report

New Delhi, May 28 -- An increased capital expenditure and focus on rare earth minerals may shape India's Viksit Bharat journey, according to a report by EY. It suggested that policy measures must bala... Read More


Cities: Skylines II delays DLC again as Colossal looks to 'add more depth' to the expansion

United Kingdom, May 28 -- 'Cities: Skylines II's big expansion has been delayed again. The city-building title was initially slated to receive the Bridges and Ports DLC in early 2025 following its fi... Read More


CCM's hypermodern headquarters set for party's Golden Jubilee

DODOMA, May 28 -- PRESIDENT Samia Suluhu Hassan, who also serves as the Chairperson of Chama Cha Mapinduzi (CCM), has laid the foundation stone for a construction of a state-of-the-art partys national... Read More


Tanzania banks on private sector to achieve 1tri/- US dollars economy

DAR ES SALAAM, May 28 -- THE Director General of the Public-Private Partnership (PPP) Center, David Kafulila, said Tanzania now banks on the private sector to achieve the 1tri/- US dollars economy as ... Read More


Dr Biteko calls on Puma Energy to establish more CNG stations in Tanzania

DODOMA, May 28 -- THE Deputy Prime Minister and Minister of Energy, Dr. Doto Biteko, has called on Puma Energy to scale up its investment in energy infrastructure by establishing more compressed natur... Read More