New Delhi, May 9 (IANS) US-based asset management firm Vanguard has sharply reduced the valuation of ride-hailing company Ola to $1.25 billion, according to its latest filing with the US Securities and Exchange Commission (SEC).
New Delhi, May 9 (IANS) The Central Consumer Protection Authority (CCPA) on Friday issued 13 notices to leading digital marketplaces like Amazon, Flipkart, Meesho and OLX against the listing and sale of walkie-talkies on their platforms without proper frequency disclosure, licensing information, or Equipment Type Approval (ETA).
New Delhi, May 9 (IANS) Online food delivery platform Swiggy further slipped into deep losses at Rs 1,081 crore in the fourth quarter of last financial year (FY25), a whopping 95 per cent increase from Rs 554 crore net loss in the same quarter in FY24, its financials showed on Friday.
Mumbai, May 9 (IANS) Indian equity markets witnessed a sharp decline on Friday as rising tensions between India and Pakistan spooked investors.
New Delhi, May 9 (IANS) India's top banks, including the State Bank of India and the Punjab National Bank, said that their ATMs and digital services were fully functional and all operations were normal.
New Delhi/Mumbai, May 9 (IANS) Amid rising tensions between India and Pakistan, state-run oil marketing companies Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Limited (BPCL) on Friday issued public statements, assuring citizens that the country has sufficient stocks of petrol, diesel and LPG.
Mumbai, May 9 (IANS) Infrastructure firm Ravi Infrabuild Projects Limited, which is preparing to launch an initial public offering (IPO) to raise up to Rs 1,100 crore, has reported a decline in net profit for the financial year 2023-24 (FY24), even as its income and revenue saw growth.
New Delhi, May 9 (IANS) The cumulative enrolments under the Pradhan Mantri Suraksha Bima Yojana (PMBSY), -- an accident insurance scheme -- has surged by 443 per cent, since 2016, said the Union government on Friday, as the scheme marks a decade of launch.
New Delhi, May 9 (IANS) India is now the world's third-largest producer of wind and solar energy, surpassing Germany, Union Minister for New and Renewable Energy, Pralhad Joshi, said on Friday, adding that the country's solar power installed capacity reached 107.95 GW in April this year, from 82.64 GW in the same month last year, which is a 30.7 per cent growth.
New Delhi, May 9 (IANS) The Confederation of Indian Industry (CII) on Friday expressed its solidarity and “unequivocal support” to the government and Indian armed forces for the decisive and strategic execution of 'Operation Sindoor' against Pakistan.
