Shares of Zomato fell by 12 per cent after a 57.2 per cent drop in its consolidated net profit for the December quarter. This decline also impacted Swiggy’s shares, which fell by over 10 per cent. Zomato’s revenue increased, but total expenses also surged significantly.
Larsen & Toubro Ltd will invest more than $300 million over three years to establish a fabless chipmaker. The company aims to design 15 semiconductor […]
Mukesh Ambani and Gautam Adani, once centibillionaires, have seen their fortunes decline. Ambani’s Reliance conglomerate faces underperforming energy and retail businesses, while Adani confronts a […]
RBI has lifted the restrictions on IIFL Finance’s gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in their gold […]
