• Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore

    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,...

  • Coventry Ciy suffer another injury setback with Ben Sheaf 'struggling'

    Coventry City injury news from CoventryLive as key midfielder doutbful for Tuesday night's clash with Ipswich Town

  • SF Giants Notebook: Alex Cobb suffers another setback in return to rotation

    The Giants aren’t sure if Cobb will have to be shut down again.

  • Cavs suffer another blowout to Magic

    Cleveland Cavs play Orlando Magic in NBA Playoffs Saturday in Florida

  • Sheffield Wednesday favourite scoops another award

    The Owls captain has won numerous Player of the Season gongs, and been named in the EFL Team of the Season over the course of his Hillsborough career, but it’ll always mean a lot to him to be appreciated by the Wednesday fanbase. This week Bannan added to his collection after he was voted as the Wise Old Owls Player of the Year for 2023/24, seeing off the competition from his teammates to scoop the gong, doing so for the first time since 2016 when he shared it with Fernando Forestieri during the...

  • Guardians prized young pitcher suffers injury setback

    The Guardians are hopeful that he will resume his throwing program soon.

  • Financial planning firm shortlisted for illustrious local awards

    O’Sullivan Financial Planning has been shortlisted for the Best Enterprising Business Award and the High Growth Business of the Year Award, in recognition of the company’s innovative approach to business, and the way they have contributed to employment growth in the last 12 months. O’Sullivan Financial Planning has had a momentous year. In June 2023, the company moved from remote working to a 610 square feet converted barn office in Lamport, Northamptonshire. The team has more than doubled from...

  • BluSmart rides out of FY24 with Rs 390-crore revenue in the boot

    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...

  • Here’s another reason Nigeria is losing billions of dollars annually

    A new report indicates that Nigeria is losing $9.2 billion every year via

  • Frontier Communications Suffers Cyber Breach by Unknown Cybercrime Group

    Frontier Communications partially shuts down systems after a cyber breach. Frontier Communications, one of America's leading telecommunications providers, has disclosed it suffered a cyberattack by a cybercrime group.

  • Heat lose another guard ahead of facing Celtics in Game 3

    The Boston Celtics will face the Miami Heat in Game 3 of their opening playoff series later tonight. Joe Mazzulla’s team must bounce back after a humbling defeat at the hands of Erik Spoelsta’s team. To make matters worse, the Heat were missing Jimmy Butler, Terry Rozier and Josh Richardson. All three of Miami’s injured players will be out of the rotation on Saturday, too. However, the Heat could potentially lose a fourth member of their rotation. Delon Wright is listed as questionable for...

  • Network-as-a-service provider CloudExtel raises Rs 200 crore debt

    Network-as-a-service (NaaS) provider CloudExtel Wednesday announced it has secured its first external debt funding of Rs 200 crore, that will go into expanding its network of small cells and fiber optics.The telecom infrastructure provider has also received an A- credit rating from CARE Ratings.The debt funding comes after CloudExtel secured equity investments from Macquarie Capital and Advencap in FY24.The company said the capital infusion is a testament to the scalability and viability of...