Ola Consumer, formerly known as Ola Cabs, reported a steep fall in revenue and record losses for FY25, even as the company came under scrutiny for filing its annual financial…
Category: Companies
How AI bots hired over 260 candidates at Piramal Finance
Mumbai: Imagine walking into a job interview with no human on the other side, just some code analysing every word, tone and response before deciding your fate. That is no…
Mint Explainer | What is Lakshya 31, Larsen and Toubro’s new five-year plan?
MUMBAI: Larsen and Toubro Ltd has set itself ambitious goals in a new five-year plan called Lakshya 31, which, if achieved, could double its revenue, ensure diversification into new segments…
Ola Consumer plans IPO for funds as cash options run out
NEW DELHI/BENGALURU: Ola Consumer, formerly known as Ola Cabs, said for the first time that it has begun preparations to go public, suggesting that raising money through an initial public…
Canada’s Carbon Tax Hinders Pipeline Plans, Cenovus CEO Says
(Bloomberg) — Alberta’s planned oil pipeline to the west coast requires Canada to shift away from stricter climate policies and toward promoting greater oil production from new projects, Cenovus Energy…
Bajaj Auto posts strong FY26, warns of demand slowdown ahead
Bajaj Auto Ltd warned that demand for two-wheelers in India is likely to soften as rising raw material costs, driven by the West Asia conflict, push up vehicle prices and…
Who is Manoj Kohli, former Bharti Airtel executive onboarded to fintech Alt DRX’s Advisory Board?
Manoj Kohli, the former MD and CEO of Bharti Airtel, has joined fintech Alt DRX’s Advisory Board as a non-director advisor, the company said in a release today, on 6…
EV industry at crossroads: Financial gains meet cost headwinds
India’s EV makers are caught in a tug-of-war between improving financials and persistent cost pressures, as a turbulent macro environment — ranging from chip shortages and rare earth disruptions to…
LG India ramps up exports from India
aims to increase exports from India this year with its growing focus on “Make-in-India”. The consumer durable major has also expanded its affordable premium product range-the Essential Series and expects…
Meesho narrows Q4 losses by 88% at ₹166 crore, revenue jumps 47% on higher user frequency
reported a sharp reduction in losses for the fourth quarter of FY26, as improved user engagement and steady order growth lifted revenues and margins. The company’s net loss for the…