Paytm parent reports Rs 2,396 cr loss in FY22; revenue grows 65 pc to Rs 5,264 cr
One97 Communications which owns the digital payments brand Paytm posted a consolidated loss of Rs 2,396.4 crore for the fiscal year 2022.
Hackers steal Rs 7.3 cr in 831 transactions from Razorpay, reveals audit
Online payment gateway Razorpay said hackers stole Rs 7.3 crore worth of funds in 831 transactions in three months.
Textile firm BSL Ltd records Rs 11.48 cr PAT in FY22
Kolkata: Textile manufacturer BSL LTD reported a PAT of Rs 11.48 crores and operating profits of Rs 41.43 crores in the financial year ended March 31, 2022.
JK Tyre registers 80.39 pc decline Q4 FY22 PAT at Rs 38.22 cr
Mumbai: Tyre manufacturer JK Tyre & Industries on Friday reported a 80.39 per cent decline in consolidated net profit for the quarter ended March 31 at Rs 38.22 crore on the back of higher input cost.
Indian Market: Sensex moves up by 1534.16 points
Mumbai: The BSE Sensex on Friday rallied 1534.16 pts to close at 54,326.39 as buying was seen across the board amid positive global cues.
India gets the highest annual FDI inflow of USD 83.57 billion in FY21-22
New Delhi: India has recorded the highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22, as per data released by the Indian government on Friday.
Huge untapped market for Indian pharma equipment makers in Bangladesh: EEPC India Chairman
Dhaka: India met 8.2 percent of Bangladesh’s import of pharma machinery as of 2020 and there lies a huge untapped market for India which is yet to be explored, according to EEPC India Chairman Mahesh Desai.
India's wheat output to slide by 3 pc to 106.41 million tonnes in 2021-22
New Delhi: India's wheat output is estimated to go down by about 3 percent to 106.41 million tonnes in the 2021-22 crop year (July-June) from the previous year, the agriculture ministry said Thursday.
RBL Bank collaborates with Amazon Pay to offer UPI Payment Services
Mumbai: RBL Bank, Amazon Pay and Amazon Web Services (AWS) have announced a collaboration to offer UPI payments.
RBI issues directive on card-less cash withdrawal
Mumbai: The Reserve Bank of India (RBI) has asked all banks and ATM service providers to offer a cardless cash withdrawal facility
Sensex regains more than 900 pts
Mumbai: The BSE Sensex on Friday bounced back by 991 pts at 53,783.40 in the opening session as buying was seen across the board amid positive Asian Market.
Jeep India launches Jeep Meridian at Rs 29.90 lakhs
Kolkata: Jeep Meridian was launched Thursday at an introductory price of Rs 29.90 lakhs (Ex-showroom India).
CCI allows Sanoti Properties LLP to buy shareholding in Magma HDI General Insurance Company Ltd
New Delhi: The Competition Commission of India (CCI) has approved the acquisition by Sanoti Properties LLP (Sanoti/Acquirer) of shareholding in Magma HDI General Insurance Company Limited (Magma HDI/Target)
CCI allows acquisition of majority stake in SMW Ispat Pvt Ltd by OFB Tech Pvt Ltd
New Delhi: The Competition Commission of India (CCI) approves the acquisition of the majority stake in SMW Ispat Private Limited by OFB Tech Private Limited.
CCI approves merger of Serum Institute subsidiaries Biocon Biologics and CTPL
New Delhi: The Competition Commission of India (CCI) has approved the merger by absorption of Covidshield Technologies into Biocon Biologics in consideration for the acquisition of approximately 15 percent equity shareholding of Biocon Biologics by Serum Institute Life Sciences.