EV Arm Switch Mobility set for EBITDA break-even this fiscal

Company’s focus on premium hydration portfolio with an expected quick commerce first launch in top cities.

The power and infrastructure sector lender’s consolidated total income rose to ₹25,755 croe in Q2FY25

The company will use the funds to expand its manufacturing and markets outside East and North-East India

The weighted average cost of debt was 11.62 percent as of September 30, 2024, while the EBITDA margin stood at 28 percent

500 employees and contractors to be affected by the lay-offs

Musk’s companies are expected to get favourable treatment in the Trump regime, for the support he extended to the Trump campaign

Iconiq Growth has invested in companies like Airbnb, Uber and Snowflake. ICONIQ Growth General Partner Matt Jacobson has joined UnifyApps’ board of directors as part of the new funding

With the latest move, the company may have to find new ways to raise money

Indian steel exports rose to 0.44 million tonnes in October, while imports moderated for the first time this year to 0.98 million tonnes as India tightened import norms

Revenue for the quarter was impacted due to deferment of delivery schedule by the customer of completed products

The Telecom Regulatory Authority of India, in a consultation paper issued in September, has suggested that users will have the option to opt out of receiving transactional messages

Asian Paints had logged a net profit of ₹1,232.39 crore during the July-September period a year ago

The merger will result in Singapore Airlines having a 25.1% stake in the enlarged Air India

Vedanta’s Agarwal says the company has delivered its highest-ever EBITDA of ₹Rs 20,639 crore in the first half of the current fiscal year

External Affairs Minister S Jaishankar emphasised that a “better educated, skilled, and confident generation of Indians” would be crucial in meeting international demand

Dheeraj Hinduja expressed confidence that these initiatives are helping establish a more stable and predictable framework for procuring electric vehicles, which will benefit the sector’s long-term growth

Rural India’s media consumption is increasingly hybrid, with nearly 1 in 2 of rural consumers exposed to both online and offline media.

The platform said that every month, about four lakh food orders are cancelled, posing a serious challenge

India has an existing stock of 858 branded residences associated with hotel brands, with a pipeline of another 2,040 units across New Delhi, Gurgaon and Mumbai, as per industry report

India is the fifth largest market for WPP and one of its fastest growing markets too. It also plans to add new campuses at Bangalore and Coimbatore in the coming years

Bhanzu CEO: The U.S. math education market has significant potential, but it is dominated by large, billion-dollar companies that have not innovated their curricula or effectively embraced technology

India will play a pivotal role in our expansion, serving as a hub for product engineering, delivery, support and R&D, says CEO Johan

The company also announced that it has secured Exclusive Master Franchise rights for three new QSR brands which include TeaLive, New York Fries and Sanook Kitchen

The report, developed in collaboration with Google and Deloitte, shows that India is the world’s second-largest mobile gaming market, recording 15.2 billion downloads

This partnership, starts with the Bingo! World Pickleball Championship (WPC)

LB Brewers also entered the craft rice lager segment with MAKA di Rocket Rice Lager, consumed across Goa, Uttar Pradesh, US, Canada, and UAE

The company currently employs 2,500 people across various functions

Total tractor sales in the domestic market grew by 23%per cent to 144,675 units in October 2024

Q2 net profit declines 74 per cent % year-on-year due to drop in prices

IT management company GoTo has around 20 per cent of its R&D headcount in India, said company CEO Rich Veldran

The company reported a consolidated total income of Rs₹1,047 crore, down 12 per cent y-o-y in Q2FY24

The company attributed this growth to increased volumes across modalities, which drove operational leverage

oOur projects are moving at the right pace, says TV Narendran

It will also invest 2 million pounds towards working capital.

Revenue from operations reached ₹4,667.57 crore in the second quarter (₹4,432.88 crore), up 5.29 per cent

The leadership hiring move is a part of the company’s growth agenda to strengthen its business-to-consumer (B2C) and business-to-business (B2B)

Prior to joining Rembarrier Advisors, Srinivash Singh served as the Vice-Chairman of Power Plant Engineers Ltd

The revenue of Hindalco increased seven per cent to Rs ₹58,203 crore (Rs ₹54,169 crore)

Consolidated revenue from operations jumped 42.8 per cent to ₹1,954.72 crore  

LTTS claims the acquisition will deepen its offerings across software product development, platform engineering, digital integration, data, and AI

Improved business environment attributed to the turnaround

Originally a B2B platform, Wheelocity has transitioned to a B2C model, now serving over 1 million households across 3,500 towns and villages

The agreement, sed during the 5th India-Russia Inter-Governmental Commission meeting in Goa, aims to diversify India’s air defence capabilities

Fascinated by bonsai and want to grow your own? Hema Vijay tells you how

Always wanted a lawn, but didn’t know where to start? Navneeth Raghavan offers a few tips

Gardening: Welcome the sturdy anthuriums and be assured of splashes of colour

In Singapore’s Hort Park, Rupa Gopal meets gardening enthusiasts at the annual fair

… is now, so start that garden today, says Hema Vijay

Add a splash of colour to your garden with these brightly-hues beauties. These dramatic tropical beauties can be grown in large containers or in the ground, and they thrive in Bangalore's climate.