rewrite this content and keep HTML tags 2024 was supposed to be Ajay Devgn’s year and it also began on a good note with his first film of the year
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,...
India's fourth largest IT services firm, Wipro, on Friday reported a fall in net profit and revenue from a year earlier in the fiscal fourth quarter, hurt by a contraction in clients' technology spending in key growth verticals and regions.The Bengaluru-based company posted a net profit of Rs 2,834.6 crore for the quarter through March, 7.8% lower than a year earlier. Revenue fell 4.2% to Rs 22,208 crore. On a sequential basis, profit increased 5.2%, while revenue was flat. In constant currency,...
Arun Ferreira’s letter described his relationship with his co-accused in the Bhima Koregaon case Stan Swamy, who died in custody in 2021.
Logistics firm Ecom Express posted a more than 20% increase in fiscal 2023 operating revenue at Rs 2,548 crore, even as its loss widened over fourfold.The firm, which offers logistical services to ecommerce platforms, had registered operating revenue of Rs 2,090 crore in FY22, according to documents filed by the firm with the Registrar of Companies.Loss widened to Rs 375 crore in FY23 from Rs 91 crore the year before, as expenses rose about 30% to Rs 2,856 crore.Income from courier services, at...
Each week John Cross takes time to offer tips and suggestions on how to make wise spending decisions to get the most out of your financial resources.
Tech Mahindra, country's fifth largest IT services firm, reported a decline in net profit of 40.9% year-on-year (YoY)to `661 crore primarily driven by slowdown in its telecom, communications, media and entertainment business, which is its largest vertical with 36.5% market share.The profit stood at Rs 1,118 crore in last year's March quarter. Sequentially, profit grew 29.6% from Rs 510 crore in the December quarter because of a one-off gain. The Pune-headquartered firm’s consolidated revenue...
US office-sharing company WeWork Inc. is set to exit the Indian operations by selling its entire 27% stake in the local unit through a secondary transaction, said multiple people in the know.The estimated Rs 1,200 crore deal will also see Bengaluru-based property developer Embassy group pare its holding from 73% to 60%, said the people cited above.The combined stakes of WeWork Inc. and Embassy group totalling 40% in the Indian unit will be acquired by new investors comprising the Enam group...
Tirupati: An affidavit submitted to the Election Commission on Friday showed a major rise in the assets of Telugu Desam chief Nara Chandrababu Naidu and his wife Nara Bhuvaneswari.The couple's combined assets rose by around 40 per cent - from Rs 668.57 crore in 2019 to Rs 931.83 crore in 2024.The revelation came as Bhuvaneswari filed her husband's nomination papers for Kuppam Assembly constituency in Chittoor district on Friday.According to the affidavit, the Telugu Desam chief’s movable assets...
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