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CUSTOMS REVENUE LOSS INDIA
DRI uncovers Rs 2,500 crore duty evasion through fraudulent SAFTA claims on areca nutsThe Directorate of Revenue Intelligence has uncovered a major areca nut import racket involving fraudulent SAFTA claims and false declarati...- Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
- PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan bookThe company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore lo...
- Turtlemint revenue up 40% in Q1, losses narrowNet loss in the quarter stood at Rs 37.9 crore, compared to Rs 46.7 crore in the same period a year ago. In the preceding March quarter, th...
- Why did Cerebras Systems stock fall despite higher 2026 guidance?Cerebras shares fell 12%-14% despite 70%+ Q2 revenue growth and raised 2026 guidance. Investors focused on a $450.5 million net loss, decli...
- Debt grows slower than GDP, CAG says; revenue lapses persistGovernment debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...
- Trump White House says it's losing $19B-$26B a year in revenue as countries dodge tariffsA new US report claims countries route exports through third nations to avoid tariffs. This practice, known as transshipping, costs the Uni...
- FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1The company’s expenses rose 12% YoY to Rs 2,046 crore from Rs 1,829 crore a year earlier, led by higher stock-in-trade purchases and other ...
- Chandrasekaran's successor at Tatas will have to start off with a three-way, Rs 29,000-cr tightrope walkThe new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s transformation hinges on hefty investm...
- Post Chandrasekaran, the head that wears the Tata crown won't rest easyAs N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic b...
- CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surgeThe AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on a ballooning order book, after its revenue ...
- Dish TV Q1 loss more than triples to Rs 286 crore; VZY sales cross Rs 200 croreDish TV India reported a consolidated net loss of Rs 286 crore for the quarter ended June 30, 2026, as subscription revenue fell 41% to Rs ...
- Dish TV Q1 Results: Net loss widens to Rs 286 crore on fall in subscription revenueDish TV India faced a challenging June quarter, reporting a steep net loss of Rs 286.3 crore. The decline in subscription revenue significa...
- Info Edge Q1 profit rises 43% to Rs 490 crore as Naukri, 99acres gather paceInfo Edge reported a strong June quarter with a 43% net profit increase. Enterprise hiring and 99acres momentum significantly boosted core ...
- Gold, silver, platinum duty earns govt Rs 10,463 crore since May 13Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and pl...
- Info Edge Q1 Results: Standalone Profit falls 6% YoY to Rs 245 croreInfo Edge reported a 6% YoY decline in Q1 standalone net profit to Rs 245 crore, impacted by a Rs 72.1 crore exceptional loss. However, rev...
- Titan's June quarter profit surges 63% YoY, income up 40%Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery...
- Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 croreOla Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared ...
- Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
- Bharti Airtel Q1FY27 net profit surges 35.5% to Rs 8,057.2 crore on customer growthBharti Airtel reported a 35.5% net profit rise in the fiscal first quarter. Consolidated revenue climbed 18.4% year-on-year, supported by s...
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