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IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growthIn FY26, StockGro showcased substantial growth, achieving a profit after tax of Rs 112.96 crore while nearly doubling its revenue to Rs 226...
Yoga Bar maker Sproutlife Foods to merge with ITC; board approves schemeITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline busines...
Shah Rukh Khan's Rs 10,000 crore business empire: How the actor makes money beyond filmsShah Rukh Khan Net Worth on Birthday: Shah Rukh Khan's, also known as King Khan, turns 61 on his birthday today Novermber 2. Shah Rukh Khan...
A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
PNB Housing aims for a 4x growth in corporate loan book to Rs 3,000 crorePNB Housing Finance aims to expand its corporate loan book significantly by the end of March 2027. The company intends to maintain a focus ...
Sebi bars EKI Energy, MD Dabkara, others from market; imposes penaltyThe Securities and Exchange Board of India (Sebi) has taken serious action against EKI Energy Services Ltd and its Managing Director due to...
Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPOAswath Damodaran values Anthropic at $1.475 trillion ahead of its anticipated IPO, but warns that compute costs, slowing revenue growth, an...
ET Prime Special Series: Multibagger or IBC - Part 82: This auto ancillary’s name tells only 20% of the story. What’s the other 80%?The shift towards electric vehicles, or EVs, is forcing traditional auto-component suppliers to reconsider their future. For some, it threa...
Infosys in talks with US DOJ over H-1B employee classification probeInfosys has said it is in discussions with the US Justice Department over an investigation into how certain H-1B employees were classified ...
British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressuresThe Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosure...
He wanted coffee lovers to explore new countries through every cup. How Michael Shewmake built a $22 million coffee subscription businessMichael Shewmake started Atlas Coffee Club with $5,000 and a plan to help people discover coffee from around the world. From its colourful ...
360 ONE, TR Capital among buyers eyeing Paper Boat early backers stakePrivate equity firms, including 360 ONE and TR Capital, are negotiating to acquire a stake in Hector Beverages. Existing investors, such as...
Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...
Companies get more time to file FY26 financial statements, annual returnsThe corporate affairs ministry has extended the deadlines for submitting annual financial statements and returns for fiscal year 2025-26. C...
Gameberry Labs posts 20% rise in FY26 revenue to Rs 711 crore, profit up 17%Gameberry Labs reported a 20% increase in revenue during FY26, reaching Rs 711 crore, alongside a 17% profit rise. The company's revenue fr...
Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%Revenue from operations rose 7.5% to Rs 1,687 crore from Rs 1,569 crore a year earlier, according to the company's audited consolidated fin...
Byju's parent uses Great Learning loan repayment to fund Aakash rights issueThe transaction shows how the cash-strapped company funded its effort to preserve its holding in one of the few valuable assets remaining i...
Paul John may retain 10-20% stake in John Distilleries after Sazerac takeoverPaul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the com...