Amazon Pay India, the digital payment arm of global e-commerce leader Amazon, has made significant strides in reducing its financial losses by nearly 39% over the past year, cutting losses to Rs 911 crore from Rs 1,499 crore in the previous year. This reduction in...
Sharekhan, in its research report now, has sounded out Torrent Pharmaceuticals with a strong recommendation. It suggested that investors can target it at Rs 4,232 as the price tag is supported by recent improvements in Torrent’s financial performances and...
Shares in Kaynes Technology India jumped 6% as the company presented an excellent Q2 performance report. Consolidated net profit for the quarter was Rs 60.2 crore, that is a rise of 86% on a YoY basis. The operating revenue was Rs 572.1 crore. Year-over-year growth at...
It’s been a week filled with major corporate and regulatory developments, with Visa, Alphabet, Reddit, and geopolitical moves affecting global business. Here’s a roundup of the latest updates from around the business world. Visa to Cut 1,400 Jobs in...
Major Stake Sales in Pidilite Industries by Promoters In a recent Block and Bulk Deals Update, the promoters of Pidilite Industries offloaded a notable 11.1% of their stake in the company. Apurva Narendrakumar Parekh, one of the primary stakeholders, sold 150,000...