Delhivery share price dropped 6.6 per cent to a low of ?295.8 per share on the BSE on Monday after analysts cut their earnings estimate on the stock, following weak results for the December quarter (Q3) of the current financial year (FY25). Q3 is a seasonally strong quarter due to festive pick-up in demand.
The US carmaker's entry into India is expected by the last quarter of the current financial year.
A family in Noida was duped of over Rs 1 crore after they were kept under 'digital arrest' for five days by unknown people posing as government officials. The scammers threatened the family with arrest by making video calls and claiming to be investigating money laundering and other crimes. This is a new type of cyber fraud where the accused pose as law enforcement agency officials and use video calls to intimidate their victims.
Chicken mince, arbi, mushrooms and bok choy in one neat package. Delicious!
'It may take some time for them to get down to the details, such as the location and capacity.'
The Eicher Pro X is assembled on an all-women assembly line.
'Avoid rushing into any financial transactions or disclosing personal information.'
All special trains -- 15 pairs running on the Rajdhani routes since May 12 and 100 pairs of mail/express trains operating since June 1 -- will continue.
Want to know where the parcel you sent has reached? Well, you can track it down in few minutes via an SMS.
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
The gross traffic receipts of the railways are estimated at Rs 90,626 crore (Rs 906.26 billion) in 2009-10, against 84,233 crore (Rs 842.33 billion) garnered in the last financial year.
Christina Rindiki's all-women team on the India-Myanmar border in Champhai, Mizoram, delivers 300 plus Amazon packets daily. The women handle all aspects of the operation and made around 450 deliveries per day this month alone. This is their story.
Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
A video purportedly showing controversial Indian Administrative Service officer Puja Khedkar's mother arguing with Metro rail construction workers in Pune has surfaced, days after another clip of her wielding a gun and threatening a group of men went viral.
The third quarter (Q3) of 2023-24 (FY24) has proven to be pivotal, witnessing some startups turning profitable and others enhancing their performance as their businesses finally begin to deliver. Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24. A renewed focus on profitability, supported by operational efficiencies, expense rein-in, and robust demand during the festival season, has empowered companies to strengthen their performance.
An official said the incident in the video was about a land parcel bought by Puja's father Dilip khedkar, a retired Maharashtra government officer, in Dhadwali village in Pune's Mulshi tehsil.
The government on Wednesday approved 12 new industrial cities in 10 states on the lines of Greater Noida in Uttar Pradesh and Dholera in Gujarat to boost domestic manufacturing with an estimated investment of Rs 28,602 crore. These industrial areas will be in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in AP, and Jodhpur-Pali in Rajasthan, and one in Haryana. A decision in this regard was taken in a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
An 'illegal' structure near trainee Indian Administrative Service (IAS) officer Puja Khedkar's family bungalow in Pune has been cleared, days after the civic body issued them a notice to remove it, an official said on Wednesday.
However, it will run special trains for migrants and others stranded across the country due to the ongoing lockdown.
Something is cooking in online food delivery. After 15 years of grappling with the demands of the business - read cash burn - Gurugram-based Zomato reported its first profit in the first quarter of 2023-24 (FY24). Not satiated, it reported a profit in the following quarter as well: Of Rs 36 crore in the second quarter compared to Rs 2 crore in the first. A year ago, in the second quarter of FY23, it had reported a loss of Rs 251 crore.
'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'
What is digital house arrest? It is a tactic cybercriminals use to confine victims to their homes and scam them, explains Tamal Bandyopadhyay.
There are conflicting views on Delhivery. The logistics player's results for the July-September quarter (Q2FY24) are being interpreted as good by some analysts and disappointing by others. As India's largest listed logistics player, the company stands to benefit from the formalisation across the mostly unorganised logistics space. Delhivery provides solutions to 23,113 customers, including e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises across verticals.
The commuters moving between Delhi and Haryana were either stuck up for hours on the closed borders or walked on foot to reach their respective destinations.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
Infosys Technologies has been ranked as the tenth best company in terms of leadership.
The weekend lockdown will start from 8 pm on Fridays and last till 7 am on Mondays. Besides, prohibitory orders will be in force during daytime on weekdays, the Chief Minister's Office (CMO) said in a statement.
Lockdown in Amravati city in Maharashtra was extended for a week on Saturday in view of the coronavirus situation, while restrictions were also imposed for the weekend in Nagpur, Buldhana and Yavatmal.
'As a society, we are very intolerant to failures which is contrary to entrepreneurship because all entrepreneurs will not succeed.'
The existing restrictions due to coronavirus in Pune district of Maharashtra were extended till March 14 on Sunday, an official said.
Restrictions imposed across the globe in 2020-21 due to coronavirus and the increased use of darknet resulted in two-to-three times jump in drug trafficking through couriers and postal services in India during this period, a latest NCB report has said.
The decision was taken after Prime Minister Narendra Modi announced that the lockdown across the country will be extended till May 3 to fight the coronavirus pandemic.
Logistics services provider Delhivery posted a mixed set of results during the March quarter of the previous financial year (Q4 of FY23). While its operating profit was marginally in the green, its net losses widened as compared to the year-ago quarter. Overall revenues, which were in line with estimates, fell 10 per cent year-on-year (YoY).
23 trains have been partially cancelled and five short terminated till September 26 as protesters blocked rail tracks at various places, including Amritsar, Ferozepur, Sangrur, Barnala, Mansa and Nabha.
The Rail Budget will announce introduction of AC suburban trains in Mumbai.
'No linen, blankets and curtains shall be provided inside the train. Passengers are advised to carry their own linen,' an order by the Railways said. The order also said that there would be no provision of 'tatkal' and 'premium tatkal' accommodation and there will be very few stoppages during the journey.
Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.
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