Corporate News
BHEL Records Rs 238 Crore Loss in July-September Quarter
This contrasts with the profit of Rs 12.10 crore the company had achieved in the same quarter of the previous year.
Tata Power Reports 9% Growth in Q2 Net Profit, Reaches Rs 1,017 Crore
The company also disclosed that it has successfully resolved the tariff issue affecting its hydro power plant in Zambia and has received a portion of the outstanding dues, amounting to $102 million, from the Zambia Electricity Supply Corporation.
Uber Records 11% Sales Growth, Reaching $9.3 Billion in Q3 with 27 Million Daily Trips
Gross bookings experienced a significant 21% year-over-year growth, reaching $35.3 billion.
Dating App Bumble Appoints Lidiane Jones, Former Slack Executive, as CEO
Established in 2014 by Wolfe Herd with the mission of cultivating an empowering and safe online dating environment for women, Bumble has evolved into a thriving community.
HPCL posts Rs 5,827 crore profit in July-September quarter
However, the net profit for HPCL fell 14 percent sequentially from its April-June quarter profit of Rs 6,765.50 crore due to a spike in crude oil prices.
Dunzo Reports Loss of Rs 1,800 Crore and Revenue of Rs 226 Crore in FY23
A significant portion of Dunzo's operating revenue, approximately 62%, came from the sale of traded products, amounting to Rs 141 crore in FY23.
Female CEOs fail after taking control of problem-hit companies: Study
It may support the idea that female leaders are subject to a “glass cliff” where they are set up to fail, media reports said.
Byju's Main Business Records a Net Income Loss of Rs 2,253 Crore in FY22, Achieves 2.3x Revenue Growth
EBITDA loss represents a loss in earnings before interest, taxes, depreciation, and amortization.
SBI Reports Net Profit of Rs 14,330 Crore in Q2
SBI's net interest income (NII) has also shown a strong increase, rising by 12.3 percent to Rs 39,500 crore, up from Rs 31,184 crore in the same period of the previous financial year.
Vedanta Records a Loss of Rs 1,783 Crore in the July-September Quarter
The loss was primarily attributed to a substantial increase in the net tax outgo, which rose to Rs 9,092 crore from Rs 1,674 crore in the previous year.
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