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News for fy20

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Why govt placed low vaccine orders

There was the mistaken belief that there was no risk of a second wave anytime soon, reports Subhomoy Bhattacharjee. IMAGE: A policeman receives a shot of the Covid vaccine at a vaccination centre......

Maruti Suzuki reports Q1 net profit at Rs 475 cr

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30. The auto major had posted a......

Bigger firms scoop up more market share during Covid-19 pandemic

The biggest rise in market concentration was seen in telecom as, Jio and Bharti Airtel further increased their revenue market share in FY21 at the cost of Vi, BSNL and MTNL. Illustration: Uttam......

Can Zomato match the exuberance over its IPO?

The high IPO valuation that Zomato has asked for from India’s public markets can only be sustained if businesses are able to convert their innovative ideas into financial metrics such as cash......

Zomato's blockbuster listing boosts start-up ecosystem

For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay.......

Govt set to overshoot FY22 tax collection target

With the first quarter gross tax mop-up reaching Rs 5.6 lakh crore, Icra Ratings on Friday said the government is set to exceed the budgeted tax collection target of Rs 22.2 lakh crore for 2021-22,......

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