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Omnichannel eyewear retailer Lenskart saw its consolidated operating revenue more than double to Rs 3,788 crore in FY23 from Rs 1,502 crore a year earlier. The Gurugram-based company reduced its losses from Rs 102 crore in FY22 to Rs 64 crore in FY23. Total expenses also increased in line with the growing scale of the company, coming in at Rs 4,025 crore in FY23 compared to Rs 1,726 crore in the year-ago period. Notwithstanding the loss on a net basis, Lenskart reported earnings before interest,...
An affluent Jain couple from Gujarat has donated nearly Rs 200 crore and adopted monkhood, and now plans to set out on a journey for salvation.
Bezos Earth Fund is donating $100 million and accepting proposals from experts across fields on how AI technology can be used to help combat climate change. about Bezos Earth Fund, here.
Shafaqna English– As a result of the return of seasonal rains that led to emergence of freshwater swamps along with garbage spread and inattention to protect against this disease, the malaria epidemic spread in a number of Yemeni provinces. According to Shafaqna, Asharq Al-Awsat wrote: “Some sources in the health
Telefónica tackles quantum-safe IoT networking India’s Vodafone Idea seeks bank supportIBM snaps up HashiCorp
Doling out relief payments largely caused inflation to soar.
BluSmart, a ride-hailing startup focusing on electric vehicles, posted more than Rs 390 crore in revenue in fiscal 2024, compared with about Rs 160 crore in FY23, cofounder Punit Goyal told ET.The firm has also crossed Rs 500 crore in annualised revenue run rate (ARR), he added. BluSmart competes with Uber and Ola, as well as new entrants like Rapido and Namma Yatri in the cab-hailing space.BluSmart is much smaller compared with Ola and Uber and operates only in two cities: Bengaluru and the...
The Flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, has pledged to strengthen religious coexistence in the country if voted into power.
On the verge of completing a year-long process to reassess eligibility for every member, the MassHealth public insurance program has now cut more than 350,000 people from its rolls since last April
Moscow has declared the anti-corruption organisation led by late Putin critic an ‘extremist’ body
The cuts mean that by 2027, social welfare organisations are expected to lose around 130 million euros out of the 400 million euros in annual grants they have received.