Encouraging results for PayTM (One97 Communications) for the 2022-23 financial year (Q4FY23) have led to a surge in the company's stock price, gaining nearly 5 per cent during Monday's trade. PayTM reported Q4FY23 revenues at Rs 2,330 crore, up 51 per cent on year-on-year (YoY) basis (13.2 per cent quarter-on-quarter or QoQ), led by monthly transaction user (MTU) growth of 27 per cent and average revenue per user or ARPU growth of 19 per cent YoY. MTU is defined as users with at least one transaction/month.
IMAGES from Day 2 of the WTC Final played between Australia and India at The Oval in London on Thursday.
India suffered a top order meltdown chasing a small victory target of 145
Krunal Pandya's superb all-round showing helped Lucknow Super Giants notch a comprehensive five-wicket win over Sunrisers Hyderabad.
With a new chief executive officer (CEO) at the helm, the country's largest two-wheeler maker Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'. Recently, the company's erstwhile chief financial officer (CFO) Niranjan Gupta was elevated as CEO.
'Because of global warming, the chances of heatwaves like this are much higher.'
India added over 1,300 active tech start-ups to its ecosystem in calendar year 2022, taking the total tally to between 25,000-27,000, according to a recent report. The country continues to be the world's third largest tech start-up ecosystem. The Nasscom-Zinnov Indian Tech Start-up Landscape Report 2022 found that India added the second highest number of Unicorns - companies with a valuation of at least $1 billion - in the world, with over 23 added in CY2022.
Benchmark BSE Sensex and Nifty snapped their two-day losing streak to close nearly half a per cent higher on Tuesday following gains in banking, metal and auto stocks. The 30-share BSE Sensex climbed 257.43 points or 0.44 per cent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48.
The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.
In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.
India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
'What we ended up achieving as a team and the cultural change, for me that is always going to be a matter of pride because tournaments happen for a certain period of time but a culture happens over a long period of time, and for that you need consistency, for that you need more character than just winning a tournament.'
Heatwaves claimed more than 17,000 lives in 50 years in India, according to a paper authored by M Rajeevan, former secretary of Ministry of Earth Sciences, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri.
The day-night pink ball Test finished inside three days as India beat Sri Lanka by 238 runs to win the two-Test series 2-0.
An exhausted Andy Murray still had enough left in the tank to blast tennis officials after an epic five-set comeback second round win at the Australian Open finished after 4am local time on Friday.
Shubman Gill is pegged as the next big thing in Indian cricket having quickly risen to top in all formats. But how does the youngster handle the immense pressure?
French scientists have revived a 48,500-year-old zombie virus buried under a frozen lake in Russia until now!
'It is one thing to plan, but to base that plan on a flawed premise is an exercise in futility.' Former captain Greg Chappell questioned the Australian team's selection and planning for the four-match Test series, two of which the visitors lost inside two days.
England, who are gunning for their second World Cup title, have the most valuable squad in Qatar with Jude Bellingham topping a list of over 800 players.
Post-Karnataka, it would be a mistake to underestimate the BJP. It should be amply clear by now that the Right-Wing is more an elaborate theatre than a single scene, actor or play, warns Shyam G Menon.
Di Venuto said Australia's batting plans were working well till a dramatic collapse saw them lose eight wickets for 28 runs.
India has been consistently objecting to the methodology adopted by the WHO to project excess mortality estimates based on mathematical models, the Union Health Ministry said in a statement.
Ashwin became India's second highest wicket-taker in Test matches after he surpassed legendary Kapil Dev's tally of 434 wickets.
Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi won the 2021 Nobel Prize for Physics, "for groundbreaking contributions to our understanding of complex physical systems," announced the award-giving organisation on Tuesday.
The regulator said if the variable pay is up to 200 per cent of the fixed pay, at least 50 per cent of it should be in non-cash, and if the variable pay is above 200 per cent, 67 per cent of it should be paid via non-cash instruments.
The Election Commission on Friday cited convention followed in 2017 for not announcing the assembly polls in Himachal Pradesh and Gujarat together and underlined that the model code this time has not been "unnecessarily extended".
Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country's top bankers, according to annual reports. Bharucha, who oversees wholesale banking at HDFC Bank, received Rs 10.64 crore remuneration in FY22, mainly due to Rs 4.46 crore as performance bonus. Although earned between 2017-18 and 2020-21 (FY21), the bonus payout was partly paid in FY22.
The city's 24-hour average AQI was recorded in the 'poor' category at 265 on Saturday as residents flouted the ban on firecrackers in parts of the national capital ahead of Diwali, according to Central Pollution Control Board's (CPCB) data.
State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries Ltd and bp, sources said. IOC walked away with almost half of the 6 million standard cubic meters per day of gas sold in an e-auction on Wednesday while state-owned gas utility GAIL bought 0.7 mmscmd, Adani-Total Gas Ltd 0.4 mmscmd, Shell 0.5 mmscmd, GSPC 0.25 mmscmd and IGS another 0.5 mmscmd, two sources with knowledge of the matter said. Reliance-bp on Wednesday held an e-auction for sale of gas from the MJ field in their eastern offshore KG-D6 block after incorporating the government's new marketing rules to give CNG-selling city gas companies first priority over supplies.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
'If deaths had been properly reported, it would have helped contain the pandemic.'
The study conducted a systematic survey of landslides and derived a statistical model, aimed at quantifying landslide susceptibility along the NH-7 at a high spatial resolution, the findings said.
Iyer's combative 92 under pressure guided India to 252 after the team was struggling at 126 for five.
About 300 employees would come under the ambit of voluntary decision.
That's why he is now finally focusing on the two things that alone can help: Fiscal expansion -- from December onwards -- and supply management via amended laws and rules that affect business, notes T C A Srinivasa-Raghavan
Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.
2.75 million of the 3 million Covid-related health claims were settled.
Cheteshwar Pujara strongly believes in old adage 'form is temporary but class is permanent' and said it holds true for him and Ajinkya Rahane as their fluent half-centuries kept India in the hunt for a win in the second Test.
These women never not impress no matter what they wear.
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