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Customer acquisition is near term focus, and not maximising profitability: Falguni Nayar, Nykaa

Meet banker turned founder Falguni Nayar, the brain behind Nykaa. (Image: Nykaa Fashion) Beauty and fashion e-commerce company FSN E-Commerce Ventures which operates Nykaa is launching an IPO with the ... Read more »

Tesla surpasses $1 trillion in market capitalisation as investors bet the EV future is now

Tesla Inc surpassed $1 trillion in market capitalization on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader’s ambitions to ... Read more »

Expect Lucknow IPL team to command Rs 10,000 crore valuation in 5 years: RPSG Group's Sanjiv Goenka

The Indian Premier League trophy (Image courtesy: Twitter/@IPL, BCCI) RP-Sanjiv Goenka Group (RPSG) wins the bid to buy the Lucknow team in the Indian Premier League. Moneycontrol’s Nisha Poddar caught ... Read more »

Entrepreneurs are not allowed to have their own fraud list: watchdog fears mistakes

Premium The best of De Telegraaf Through Dave Krajenbrink 1 min ago in TO UNDERTAKE Dumped entrepreneurs are left with unpaid bills. Photo for illustration. ⓒ 123RF Amsterdam – SMEs ... Read more »

Changes in global energy balance must be reasonable and gradual — Novak

According to Russian Deputy Prime Minister, Russia sees gas as the cleanest hydrocarbon energy source with tremendous potential Read more »

Stocks making the biggest moves midday: Tesla, PayPal, Pinterest and more

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. ... Read more »

Bharti Airtel accepts 4-year moratorium on spectrum, AGR payments

Bharti Airtel on Monday said it will opt for four-year payments moratorium — on AGR and spectrum dues — being offered by the government as part of a relief package ... Read more »

Indus Towers Q2 net profit up 38% at Rs 1,559 crore, revenue rises to Rs 6,877 crore

Indus Towers on Monday posted a 38 percent rise in consolidated net profit to about Rs 1,559 crore for September 2021 quarter, as reforms announced recently for the telecom industry ... Read more »

Bezos' Blue Origin unveils private space station 'business park' to be deployed later this decade

A rendering of the “Ocean Reef” space station in orbit.Blue Origin WASHINGTON – Jeff Bezos' Blue Origin on Monday unveiled its plan for a private space station called “Orbital Reef,” ... Read more »

Tesla drives toward $1 trillion club on record Hertz order

Tesla Inc on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order – 100,000 electric rental cars for Hertz. Tesla shares ... Read more »

Siddhartha Lal's reappointment as Eicher Motors' MD gets shareholders' approval

Siddhartha Lal Eicher Motors got the requisite approval from its shareholders for reappointing Siddhartha Lal as its Managing Director (MD) as well as the approval for payment of remuneration to ... Read more »

Thrasio raises $1 billion in funding, plans India entry

Representative image. Three-year-old Amazon aggregator startup Thrasio has raised more than $1 billion in a new funding round led by Silver Lake. Existing investors including Upper90, PEAK6 Investments and Corner Capital ... Read more »

Dwarikesh Sugar Q2 PAT rises over two-fold to Rs 39.63 crore

Dwarikesh Sugar Industries on Monday reported a 123.39 percent growth in profit after tax (PAT) for the September quarter at Rs 39.63 crore. The company’s PAT stood at Rs 17.74 ... Read more »

Newgen Software Q2 PAT up 28% to Rs 37.4 crore

IT company Newgen Software on Monday posted a 28 per cent increase in consolidated profit after tax (PAT) at Rs 37.4 crore for the quarter ended September. The company had ... Read more »

Russian gas complies with European climatic requirements, Gazprom says

Deputy CEO Elena Burmistrova also noted that use of the new Nord Stream 2 gas pipeline would make it possible to reduce the carbon footprint on account of eco-friendliness of the route Read more »

Keppel Offshore & Marine sued for over $1 billion in US over investment loss

SINGAPORE (THE BUSINESS TIMES) – Keppel Corporation reported that its offshore and marine subsidiary, Keppel Offshore & Marine (KOM), is facing a lawsuit in the United States with a claim ... Read more »

Tesla drives toward US$1 trillion club on record Hertz order

Hertz customers can rent a Tesla starting in November and the company will have 3,000 chargers in 65 markets by the end of 2022. NEW YORK (REUTERS) – Tesla Inc ... Read more »

Orient Cement Standalone September 2021 Net Sales at Rs 613.12 crore, up 28.4% Y-o-Y

Reported Standalone quarterly numbers for Orient Cement are: Net Sales at Rs 613.12 crore in September 2021 up 28.4% from Rs. 477.50 crore in September 2020. Quarterly Net Profit at ... Read more »

Mangalam Organ Standalone September 2021 Net Sales at Rs 143.01 crore, up 66.37% Y-o-Y

Reported Standalone quarterly numbers for Mangalam Organics are: Net Sales at Rs 143.01 crore in September 2021 up 66.37% from Rs. 85.96 crore in September 2020. Quarterly Net Profit at ... Read more »

Swaraj Engines Standalone September 2021 Net Sales at Rs 343.59 crore, up 17.56% Y-o-Y

Reported Standalone quarterly numbers for Swaraj Engines are: Net Sales at Rs 343.59 crore in September 2021 up 17.56% from Rs. 292.28 crore in September 2020. Quarterly Net Profit at ... Read more »

Tech Mahindra Standalone September 2021 Net Sales at Rs 8,464.87 crore, up 14.32% Y-o-Y

Reported Standalone quarterly numbers for Tech Mahindra are: Net Sales at Rs 8,464.87 crore in September 2021 up 14.32% from Rs. 7,404.40 crore in September 2020. Quarterly Net Profit at ... Read more »

Quick Heal Tech Standalone September 2021 Net Sales at Rs 103.79 crore, up 25.26% Y-o-Y

Reported Standalone quarterly numbers for Quick Heal Technologies are: Net Sales at Rs 103.79 crore in September 2021 up 25.26% from Rs. 82.86 crore in September 2020. Quarterly Net Profit ... Read more »

Ramco Cements Consolidated September 2021 Net Sales at Rs 1,503.11 crore, up 18.74% Y-o-Y

Reported Consolidated quarterly numbers for The Ramco Cements are: Net Sales at Rs 1,503.11 crore in September 2021 up 18.74% from Rs. 1,265.86 crore in September 2020. Quarterly Net Profit ... Read more »

Hardcastle Standalone September 2021 Net Sales at Rs 1.55 crore, up 103.82% Y-o-Y

Reported Standalone quarterly numbers for Hardcastle and Waud Manufacturing Company are: Net Sales at Rs 1.55 crore in September 2021 up 103.82% from Rs. 0.76 crore in September 2020. Quarterly ... Read more »

SRF Standalone September 2021 Net Sales at Rs 2,291.23 crore, up 30.44% Y-o-Y

Reported Standalone quarterly numbers for SRF are: Net Sales at Rs 2,291.23 crore in September 2021 up 30.44% from Rs. 1,756.58 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Digicontent Standalone September 2021 Net Sales at Rs 0.40 crore, up 90.48% Y-o-Y

Reported Standalone quarterly numbers for Digicontent are: Net Sales at Rs 0.40 crore in September 2021 up 90.48% from Rs. 0.21 crore in September 2020. Quarterly Net Loss at Rs. ... Read more »

Food services industry contracts 53% due to pandemic: NRAI report

Representational image The restaurant industry or the food services industry contracted by about 53 percent in the financial year 2021 as the COVID-19 pandemic wreaked havoc, a report released by ... Read more »

Ramco Cements Standalone September 2021 Net Sales at Rs 1,493.12 crore, up 18.79% Y-o-Y

Reported Standalone quarterly numbers for The Ramco Cements are: Net Sales at Rs 1,493.12 crore in September 2021 up 18.79% from Rs. 1,256.99 crore in September 2020. Quarterly Net Profit ... Read more »

Tech Mahindra Consolidated September 2021 Net Sales at Rs 10,881.35 crore, up 16.11% Y-o-Y

Reported Consolidated quarterly numbers for Tech Mahindra are: Net Sales at Rs 10,881.35 crore in September 2021 up 16.11% from Rs. 9,371.80 crore in September 2020. Quarterly Net Profit at ... Read more »

Quick Heal Tech Consolidated September 2021 Net Sales at Rs 103.79 crore, up 22.95% Y-o-Y

Reported Consolidated quarterly numbers for Quick Heal Technologies are: Net Sales at Rs 103.79 crore in September 2021 up 22.95% from Rs. 84.41 crore in September 2020. Quarterly Net Profit ... Read more »

Tesla races toward $1 trillion market capitalization club on record Hertz order

Tesla Inc on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order from Hertz, which announced plans to buy 100,000 electric ... Read more »

Mangalam Organ Consolidated September 2021 Net Sales at Rs 143.05 crore, up 66.57% Y-o-Y

Reported Consolidated quarterly numbers for Mangalam Organics are: Net Sales at Rs 143.05 crore in September 2021 up 66.57% from Rs. 85.88 crore in September 2020. Quarterly Net Profit at ... Read more »

Digicontent Consolidated September 2021 Net Sales at Rs 82.76 crore, up 18.23% Y-o-Y

Reported Consolidated quarterly numbers for Digicontent are: Net Sales at Rs 82.76 crore in September 2021 up 18.23% from Rs. 70.00 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Largest order for plug-in cars ever: 100,000 Teslas to Hertz for rental

The order from Hertz is the largest order for electric cars ever. It is also striking that Hertz pays the list price for Tesla’s Model 3s, while normally hefty discounts ... Read more »

Just months after bankruptcy, Hertz says it will buy 100,000 Teslas for new electric fleet

Shares of Tesla surged on Monday, with the Hertz deal expected to net the electric car maker more than $4 billion. Read more »

Sebi levies fine on 3 employees of Titan for violating insider trading norms

Markets regulator Sebi on Monday imposed monetary penalty on three employees of Titan Company Ltd for violating insider trading norms. The regulator had received a letter from Titan wherein it intimated about violation of Prevention of Insider Trading (PIT) ... Read more »

Visa closes $5 million investment as part of Open's Series C fundraise

Payments technology and card company Visa has closed its investment of $5 million in Open which was part of the neobank’s $100 million Series C fundraise, said sources aware of ... Read more »

NSE surpasses 5 crore registered investors; Maharashtra tops with 17% new investor registrations

The number of registered investors on the National Stock Exchange of India (NSE) crossed five crore on Monday. While the journey from three crore registered investors to four crore registered ... Read more »

Rocket builder ABL raises $200 million, increasing valuation to $2.4 billion

An RS1 rocket booster is shipped out of the company's headquarters in El Segundo, California.ABL Space Rocket builder ABL Space on Monday announced the close of a $200 million round ... Read more »

Google failed to remove over 2,600 illegal materials by early October — lawmaker

Vasily Piskaryov recalled that, during the meeting with the company's management in April, this number stood at over 5,700 Read more »
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