Search Results for: job losses

Investors lose Rs 38,000 crore as Ola Electric's stock continues to slide

Ola Electric to sack 500 employees amid controversies, poor results

Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise.

16 minutes ago

PharmEasy clocks Rs 2,533 crore in losses in FY24, revenue dips nearly 15 pc

Health-tech company PharmEasy has clocked Rs 2,533 crore in losses last fiscal (FY24), as it revenue declined almost 15 per cent at Rs 5,664 crore.

17 hours ago

Adani Defends Integrity Amid US Charges, Pledges Legal Action to Protect Reputation

Adani Group challenges DoJ, SEC against US bribery claims; assures legal recourse

has strongly denied allegations made by the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC). Calling these claims baseless, the group reiterated its commitment to governance, transparency, and compliance across jurisdictions.

22 hours ago

Online gifting platform Ferns N Petals logs Rs 24.2 cr loss in FY24

Popular online gifting platform Ferns N Petals reported Rs 24.26 crore loss last fiscal (FY24), from Rs 109.5 crore in FY23.

1 day ago

NBA Cup: Knecht ties rookie single game 3-Point record in Lakers' sixth straight win

The Los Angeles Lakers continued their winning momentum as they won their sixth game in a row against Utah Jazz.

1 day ago

Nitish likely to take oath as Bihar CM for 9th time tomorrow

CM Nitish Kumar to distribute appointment letters to 'special teachers' today

Chief Minister Nitish Kumar is set to distribute appointment letters to 1,14,138 special teachers on Wednesday at an event at Patna's Convention Hall.

2 days ago

Third Wave Coffee's net losses grow over 2 times to Rs 110 crore in FY24

Specialty coffee chain Third Wave Coffee saw its net losses grow more than two times (year-on-year) to Rs 110 crore last fiscal (FY24).

2 days ago

Building a Future on Data: The Innovations Shaping Analytics

Teena Choudhary concludes that investing in these innovative data management strategies is not just a technical necessity it is a strategic imperative.

3 days ago

Swiggy losing lead in market: MOFSL Report; Assigns 'Neutral' rating

Despite being an innovator and a category inventor across both food delivery and quick commerce, Swiggy has let its leadership slip away, Motilal Oswal Financial Services Ltd (MOFSL) said on Tuesday, as it initiated coverage with a 'Neutral' rating on the stock.

3 days ago

Samsung to expand chip packaging facilities for HBM

Samsung to buy back stock worth $7.16 billion to boost shareholder value

Samsung Electronics said on Friday it will buy back its own shares worth a combined 10 trillion won ($7.16 billion) over the next year as part of efforts to boost its shareholder value following a recent slide in its stock price.

6 days ago

Swiggy's share turns stale, back at public listing price in just 1 day

Online food delivery and quick commerce company Swiggy shares slipped 7.54 per cent to close at Rs 421.60 on Thursday -- just 24 hours after its strong public debut in a bearish market -- due to profit booking on higher level.

7 days ago

Sensex and Nifty down 1 pc in early trade amid heavy selling

Sensex crashes 984 points; loses 1,795 points in 3 trading sessions

The Indian stock market closed on a bearish note on Wednesday with significant declines across major indices.

8 days ago

Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24

Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23.

8 days ago

J&K ACB Probes Alleged Financial Misconduct in Mughal Road Project; Chief Engineer, Others Booked

ACB filed a case under the Prevention of Corruption Act following an investigation into irregularities in the construction of the Mughal Road. The case involves alleged collusion between a Chief Engineer and a construction company, leading to financial losses for the government.

9 days ago

Hackers use OTP APIs for SMS bombing, 44 Indian APIs exposed

Cybercrime Surge in Tamil Nadu: A Call for Vigilance

Tamil Nadu Police warns of a surge in cybercrimes, with Chennai and Coimbatore residents particularly affected. The police urge the public to report scams to the National Cyber Crime Reporting Portal (NCRP) within 24 hours.

10 days ago

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