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Zee Entertainment Q1 Results: Profit down 49% YoY to Rs 107 crore

Zee Entertainment Q1 Results: Profit down 49% YoY to Rs 107 crore

Aug 12, 2022

Total income during the quarter under review was Rs 1,879.53 crore against Rs 1,808.56 crore in the year-ago period.

We are facing an unprecedented economic crisis: Dabur Chairman Mohit Burman

We are facing an unprecedented economic crisis: Dabur Chairman Mohit Burman

Aug 12, 2022

Mohit Burman, who has taken charge as the non-executive chairman of the fast moving consumer goods major yesterday from his cousin Amit, highlighted on the need for close monitoring of fast changing landscape for businesses.

McDonald's to reopen restaurants in Ukraine (Photo: Reuters)

McDonald's to reopen restaurants in Ukraine

Aug 11, 2022

The world's biggest burger chain closed all its restaurants in Ukraine and Russia in March, following Moscow's invasion of the eastern European country.

Pfizer Q1 profit falls 83% to Rs 33 cr (Photo: Reuters)

Pfizer Q1 profit falls 83% to Rs 33 cr

Aug 05, 2022

The company had logged a net profit of Rs 200 crore in April-June period a year ago.

Alibaba revenue growth flatlines for first time as China's lockdowns bite (Photo: Reuters)

Alibaba revenue growth flatlines for first time as China's lockdowns bite

Aug 04, 2022

The slowdown adds to challenges facing China’s e-commerce giant, which has enjoyed double-digit revenue growth almost every quarter since it went public in 2014, as it navigates Beijing's crackdown on tech companies as well as its scrutiny of founder Jack Ma.

LIC breaks into Fortune 500 list, Reliance jumps 51 places

LIC breaks into Fortune 500 list, Reliance jumps 51 places

Aug 03, 2022

This is the first outing of LIC on the list, which ranks listed companies by sales. Reliance, with revenue of USD 93.98 billion and a net profit of USD 8.15 billion in the latest year, has been on the list for 19 years.

Uber turns cash flow positive for the first time, shares surge (Photo: Reuters)

Uber turns cash flow positive for the first time, shares surge

Aug 02, 2022

Uber shares, which have lost more than 40% this year, surged 15% to $28.41 in premarket trading and helped drive an 8% gain in rival Lyft Inc's shares.

India to have 31 new shopping malls in two years on strong retail sector demand: Report (Photo: Reuters)

India to have 31 new shopping malls in two years on strong retail sector demand: Report

Aug 01, 2022

This year, a total of 15 new malls will enter the market spread across 12 cities and in 2023, another 16 new malls will come up.

The data clearly shows how the fear of e-commerce thriving over regular retail has now given space to a hybrid growth where both can co-exist. (Photo: Reuters)

Amazon, Flipkart no threat to regular retail; mall space expands by 10mn sq ft in 2022

Aug 01, 2022

A report by real estate consultancy firm Anarock shows that mall space expanded by 10 mn sq ft, which has almost doubled since last year. The data clearly shows how the fear of e-commerce thriving over regular retail has now given space to a hybrid growth where both can co-exist.

For those who can crack the right code, cloud kitchens provide a high-growth business model.

Want to run a cloud kitchen? Avoid these 5 pitfalls

Jul 29, 2022

Easy to set up, cloud kitchens are not always easy to sustain if you don’t get the formula right

Zydus Wellness Q1 net profit up 4.75% at Rs 137.01 cr

Zydus Wellness Q1 net profit up 4.75% at Rs 137.01 cr

Jul 29, 2022

Its consolidated total income during the quarter under review stood at Rs 698.71 crore against Rs 599.97 crore in the year-ago period.

According to the company, the initial investment made to start the two stores has been around Rs 200 crore. 

Hippo plans to expand from 2 to 31 stores in India over 5 years

Jul 28, 2022

Hippo Stores, owned by Puneet Dalmia and family shares its rapid expansion plans with Business Today.

Bajaj Finserv June quarter net jumps 575 to Rs 1,309 cr

Bajaj Finserv June quarter net jumps 57% to Rs 1,309 cr

Jul 28, 2022

The company's consolidated total income during the April-June period of 2022-23 was up 14 percent to Rs 15,888 crore, Bajaj Finserv said in a regulatory filing.

Pfizer profit surges, reaffirms sales forecast for COVID-19 products (Photo: Reuters)

Pfizer profit surges, reaffirms sales forecast for COVID-19 products

Jul 28, 2022

Shares rose 1% in premarket trading as overall net income rose to $9.91 billion despite a stronger dollar.

Honeymoon over! What Paytm's 'exit' as sponsor for Indian cricket implies for start-ups

Honeymoon over! What Paytm's 'exit' as sponsor for Indian cricket implies for start-ups

Jul 27, 2022

Mastercard is set to replace Paytm as the title sponsor for all of BCCI’s international and domestic cricket matches till 2023

Coca-Cola India bottling partners investing $1 bn to ramp up capacity (Photo: Reuters)

Coca-Cola India bottling partners investing $1 bn to ramp up capacity

Jul 27, 2022

After the rejig, the fizzy drinks major is expanding retail reach and augmenting it with greater supply of its cola.

$500,000 award money! Nykaa, Estee Lauder search for GenNext of beauty brands

$500,000 award money! Nykaa, Estee Lauder search for GenNext of beauty brands

Jul 27, 2022

The Estée Lauder Companies (ELC) in partnership with Nykaa, India’s leading omnichannel beauty and lifestyle retailer, have launched Beauty & You India that aims to discover, spotlight, and propel the next generation of Indian beauty brands.

British Indian spice firm acquired by UK’s Premier Foods

British Indian spice firm acquired by UK’s Premier Foods

Jul 26, 2022

Premier Foods will acquire 100 per cent of The Spice Tailor shares and is expected to generate revenue of GBP 17.3 million in the 2022/23 financial year. The completion of the deal, expected within this financial year, is subject to merger control clearance.

Mumbai start-up launches India’s first app-based platform for beverages

Mumbai start-up launches India’s first app-based platform for beverages

Jul 26, 2022

BeverageCart aims to address the last mile delivery issue for retailers, hotels, restaurants and caterers by facilitating online wholesale orders through a dedicated marketplace

DMart Ready FY22 revenue sees 2-fold rise at Rs 1,667.21 cr; loss widens to Rs 142.07 cr

DMart Ready FY22 revenue sees 2-fold rise at Rs 1,667.21 cr; loss widens to Rs 142.07 cr

Jul 26, 2022

DMart Ready, which completed five years of service in the e-commerce space in January 2022, has expanded its coverage to include over 500 pin codes in nine cities,

Godrej saw 40% uptick in CCTV sales in 1 year, says Indians prioritise physical safety over home

Godrej saw 40% uptick in CCTV sales in 1 year, says Indians prioritise physical safety over home

Jul 18, 2022

In a recent study conducted by Godrej Security Solutions, a division of Godrej & Boyce, has said that there has been a massive shift in India’s security habits. Even though the crime rates continue to rise, Indians prioritise health and physical security over home security, it said.