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REVENUE LOSSES
Odisha: BJD plans legal action, public demonstrations against Mines and Minerals (Amendment) BillOdisha's BJD party is planning legal action and public demonstrations against the recently passed Mines and Minerals (Amendment) Bill, whic...
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...
Zetwerk promoters pledge stake; PhysicsWallah Q1 losses narrowZetwerk’s promoters have pledged nearly a third of their stake ahead of the company’s IPO. This and more in today's ETtech Top 5.
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...
Zetwerk’s FY26 loss widens over fourfold to Rs 1,606 crore on one-off chargesZetwerk’s loss before exceptional items and tax narrowed to Rs 81 crore from Rs 121 crore. Adjusted earnings before interest, taxes, deprec...
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...
Kerala to oppose Centre's Mines and Minerals Act amendments, calls it 'encroachment' on statesKerala will oppose the Centre's mining law amendments which affect state revenue. The state argues curbs on tax powers erode constitutional...
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 ...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxesKerala will oppose federal amendments to the Mines and Minerals Act. The state argues these changes erode constitutional powers and cause r...
Amagi net profit surges 8x to Rs 34 crore in Q1Expenses rose nearly 23% YoY in the quarter to Rs 414 crore, much slower than the 32% revenue growth. Employee costs rose 16% to Rs 206.4 c...
Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 billionGoldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-...
Instagram, YouTube music use could be costing India’s music industry Rs 350 crore a yearIndian music labels face over Rs 350 crore annual sync revenue loss. Unlicensed music use on social media platforms causes this significant...
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...
Trump Media sees $238 mn second-quarter loss on digital assets declineThe parent company of President Donald Trump's Truth Social platform reported a ten-fold increase in losses for the second quarter on Monda...
Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 croreFuel retailers' revenue loss on subsidized LPG narrowed to Rs 188 per cylinder in August. This marks a sharp decrease from the Rs 500 loss ...
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 loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...