Losses
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Zomato exits from 225 cities but CEO Deepinder Goyal says will hire around 800 people
Business | Feb 13, 2023, 01:14 PM ISTZomato, India's leading food delivery app, reports losses and exits operations in 225 smaller cities. Despite setbacks, the company remains optimistic with its relaunch of Gold subscription and plans to hire 800 employees.
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Vegetable growers stare at losses in Gorakhpur
News | Jun 23, 2020, 11:33 PM ISTVegetable growers in Uttar Pradesh's Gorakhpur are in distress after their crops got damaged. Uneven rains destroyed crops.
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Jio effect: Voda pre-tax profit plunges 39% in H1; industry loses a whopping Rs 4,087 cr in Q2 alone
Business | Nov 14, 2017, 10:31 PM ISTThe deep-pocketed Jio has been offering data almost free for a year now, while it charges nothing for voice, forcing the incumbents to make matching offers.
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100% occupancy: Railways turns down RTI report of losses on Ahmedabad-Mumbai sector
Business | Nov 01, 2017, 08:51 PM ISTWestern Railway on Wednesday said that total earnings in the last quarter (July-September) was Rs 233 crore, and that the occupancy in that period was 100 per cent.
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Twitter trims losses to $21 million, users up 4 million in third quarter
Technology | Oct 27, 2017, 12:20 PM ISTTwitter also said that it had miscounted monthly active users since late 2014, overestimating growth for the prior two quarters by one to two million.
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Toshiba books Rs 43,000 cr writedown, chairman resigns over nuclear business loss
Feb 14, 2017, 08:01 PM ISTChairman of Japanese conglomerate Toshiba Corp., the organization that has seen a tumultuous past few years, resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business
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To take on Amazon, Flipkart incurred losses worth Rs 14 cr per day in FY16: Report
Jan 02, 2017, 11:16 AM ISTIn an attempt to supersede its arch rival Amazon in one of the world’s fastest growing markets for online retail, Flipkart ran up daily losses of over Rs 14 crore in the last financial year.
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Amazon India’s spending spree sees losses double to Rs 3,572 crore
Dec 26, 2016, 02:47 PM ISTA ramp up in Indian investments in a bid to outpace its peers like Flipkart as the top retailer in the country has seen Amazon extend its losses more than twice to Rs 3,572 crore during the year ending March 2016.
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Demonetisation: MFIs could witness up to Rs 1,700 cr in losses following the move, says Bandhan Bank CEO
Nov 18, 2016, 01:39 PM ISTThe government’s decision to demonetise high-value currency notes will take its toll on the microfinance industry and could lead to losses in the range of Rs 1,500 crore to Rs 1,700 crore, Chandrashekhar Ghosh, CEO of Bandhan Bank, has said
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Combined losses for Flipkart, Amazon, Snapdeal breach Rs 5,000 cr mark
Jan 25, 2016, 05:37 PM ISTMumbai: Cumulative loss figures of Flipkart, Amazon and Snapdeal, the biggest e-commerce players in India, have breached the Rs 5,000 crore mark and currently stand at Rs 5,052 crore on the back of steep discounts
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Rajinikanth can't be blamed for 'Lingaa' losses: SIFAA
Bollywood | Jan 10, 2015, 06:54 AM ISTChennai: The South Indian Film Artistes' Association (SIFAA) aka Nadigar Sangam said Friday it was "unfair" for the distributors of "Lingaa" to hold superstar Rajinikanth responsible for the film's losses, instead of the producers.A group
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Government wants Boeing to pay up for Air India losses on Dreamliner flaws
India | Mar 12, 2014, 05:49 PM ISTHyderabad: The government today said it is working on a compensation package that it will claim from US aircraft maker Boeing for the financial losses suffered by the national carrier on account of frequent glitches
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Sensex Down By 151 Points As Week Closes
Oct 21, 2011, 05:41 PM ISTMumbai, Oct 21: The BSE Sensex fell over 151 points to 16,785.64 today as investors sold interest rate-sensitive stocks amid concerns that the Reserve Bank may further hike its lending rates to tame inflation and