Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

Business

Uber India made Rs 679 cr from rides in FY23, losses up over 57%

New Delhi, Jan 9 (IANS) Ride-hailing major Uber’s losses went up more than 57 per cent in India to Rs 311 crore in the fiscal year (FY) 2023 from Rs 197 crore in FY22.Uber India registered a 54.4 per cent increase in its revenue at Rs 2,600 crore in FY23, reports Entrackr, citing its consolidated financial documents.Rides on the platform accounted…
Read More...
Business

Zee Entertainment says committed to merger with Sony

New Delhi, Jan 9 (IANS) Zee Entertainment has reiterated that the Company is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger.Zee Entertainment said the article is baseless and…
Business

Patanjali Foods hits new 52-week high

New Delhi, Jan 9 (IANS) Patanjali Foods shares are up more than 5 per cent on Tuesday to hit a new 52-week high.Patanjali Foods shares were trading at Rs 1,687, up 5.5 per cent at a new 52-week high, as per Trendlyne data.In the last one…
Business

CES 2024: Here are new laptops announced

New Delhi, Jan 9 (IANS) At CES 2024, brands like Lenovo, Dell, MSI, and Acer have announced a new lineup of laptops with innovative features, including Artificial Intelligence (AI)-powered capabilities.Lenovo unveiled the newest lineup of…
Business

OMCs downgraded as risk-reward turns unfavourable

New Delhi, Jan 9 (IANS) JM Financial Institutional Securities said in a report that in the absence of any valuation comfort post recent rally (OMCs trading at 10-30 per cent premium to historical P/B valuations), the risk-reward has turned…