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Meesho becomes first horizontal e-commerce company to attain profitability
Business

Meesho becomes first horizontal e-commerce company to attain profitability

Posted on: August 7, 2023

[ad_1] Meesho, backed by SoftBank, has announced it is the first horizontal e-commerce firm in India to reach profitability. The company claimed to have attained profitability at […]

India’s rice export ban now sparks concern that sugar might be next
Business

India’s rice export ban now sparks concern that sugar might be next

Posted on: August 7, 2023

[ad_1] By Mumbi Gitau and Pratik Parija   After India banned some rice exports to control domestic prices, traders are worried another food staple could be […]

PAT up 27% to Rs 291 cr, revenue jumps 17%
Business

PAT up 27% to Rs 291 cr, revenue jumps 17%

Posted on: August 7, 2023

[ad_1] Max Healthcare Insititute Ltd on Monday reported a 27 per cent rise in its profit after tax (PAT) in the quarter that ended on June 30 […]

Adani Energy Solutions secures $1 bn financing for green HVDC link project
Business

Adani Energy Solutions secures $1 bn financing for green HVDC link project

Posted on: August 7, 2023

[ad_1] Adani Energy Solutions Limited (AESL) on Monday said it has achieved financial closure for its $ 1 billion green high voltage direct current (HVDC) link project, […]

SC rejects Go First plea against Delhi HC nod to lessors to access planes
Business

SC rejects Go First plea against Delhi HC nod to lessors to access planes

Posted on: August 7, 2023

[ad_1] The Supreme Court on Monday dismissed the appeal filed by Go First against the Delhi High Court order allowing aircraft lessors to access the aircraft they […]

Auto retail sales up 10% in July; three-wheelers at record pace: Fada
Business

Auto retail sales up 10% in July; three-wheelers at record pace: Fada

Posted on: August 7, 2023

[ad_1] Staying with the growth momentum, automobile retail sales in July posted a 10 per cent year-on-year increase, with 1.77 million units sold. Three-wheelers took the lead with […]

A veg thali cost 34% more in July than June, thanks to tomatoes: CRISIL
Business

A veg thali cost 34% more in July than June, thanks to tomatoes: CRISIL

Posted on: August 7, 2023

[ad_1] The price of a vegetarian thali in India rose by 34 per cent in July as compared to June, CRISIL’s monthly indicator of food place cost […]

Lok Sabha restores Rahul Gandhi’s membership after Supreme Court stay
Business

Lok Sabha restores Rahul Gandhi’s membership after Supreme Court stay

Posted on: August 7, 2023

[ad_1] The Lok Sabha on Monday restored the membership of Congress leader Rahul Gandhi. The Lok Sabha Secretariat issued a notification announcing that his disqualification has been revoked […]

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn
Business

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn

Posted on: August 7, 2023

[ad_1] Vijay Shekhar Sharma, founder and chief executive officer (CEO) of Paytm’s parent One97 Communications, has agreed to purchase a 10.3 per cent stake in the fintech firm […]

Stock Market LIVE: Asian markets slip on weak handover from the US
Business

Stock Market LIVE: Asian markets slip on weak handover from the US

Posted on: August 7, 2023

[ad_1] Stock market LIVE updates on August 7, 2023: On Friday in the US, the S&P 500 and Nasdaq Composite slumped for a fourth straight session, and notched […]

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