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Mumbai, Sep 13 (SocialNews.XYZ) Walmart-owned e-commerce major Flipkart India Private Limited has reported a wider consolidated loss of Rs 5,189 crore loss in the financial year ending March 2025 (FY25). According to data shared by business intelligence platform Tofler, the company posted Rs 4,248.3 crore net loss in the previous financial year (FY24). Flipkart's consolidated revenue from operations rose 17.3 per cent to Rs 82,787.3 crore in FY25, up from Rs 70,541.9 crore in FY24. However, t ...Read More >
New Delhi, Sep 13 (PTI) Walmart-owned e-commerce giant Flipkart India Private Limited saw widening of consolidated losses to Rs 5,189 crore in the financial year ended March 2025, according to data accessed by business intelligence platform Tofler. An email sent to Flipkart for comments on the financials did not elicit a response. Flipkart India's losses stood at Rs 4,248.3 crore in the preceding financial year. The company recorded a 17.3 per cent increase in consolidated revenue from operat ...Read More >
Dehradun: Yashpal Arya, the leader of the Opposition in the Uttarakhand Assembly, said the state government has allotted 762 bighas of the heritage site George Everest Estate in Mussoorie to a company called Aero Sports and Adventure Private Limited, backed by yoga guru Baba Ramdev and his associate Acharya Balkrishna, for a token Rs one crore annually and demanded a CBI enquiry into the matter. He alleged that the company has occupied about 1,000 bighas of land, the estimated value of which is ...Read More >
In 2024, Arunachal Pradesh Police arrested the Jha brothers for their role in a Rs 100 crore ITC scam, marking an earlier instance of their involvement in tax fraud The Enforcement Directorate's (ED) probe into the Rs 650 crore Input Tax Credit (ITC) scam has uncovered a web of fake firms and hawala traders, where even the names of Seema Haider and her husband Sachin were allegedly misused. According to reports, two brothers from Bihar's Darbhanga, Ashutosh Jha and Vipin Jha, have emerged as k ...Read More >
Hyderabad: Private engineering and professional colleges in Telangana have announced an indefinite shutdown from September 15, accusing the state government of failing to release Rs 1,200 crore in fee reimbursement dues despite budgetary allocation. The protest, which coincides with Engineer's Day, will be marked as a "Black Day." The association representing private colleges said repeated appeals and proposals for a self-sustainable funding model had gone unanswered. They also suggested creati ...Read More >
AFC Furniture Solutions, a leader in ergonomic office furniture, unveils its refreshed brand identity. The rebranding emphasizes flexibility, human-centric design, and sustainability, reflecting AFC's evolution and global ambitions. The updated identity maintains the company's core values while positioning it to meet future workspace needs with modern, sustainable solutions. In a significant move, AFC Furniture Solutions has unveiled its refreshed brand identity, signaling an evolution in its a ...Read More >
New Delhi [India], September 8 (ANI): Solar module manufacturer, Gautam Solar Private Limited (GSPL), has announced an investment of Rs. 4,000 crore for establishing a new state-of-the-art solar cell manufacturing facility in Madhya Pradesh. As per a press release, the project will be developed on 54 acres of land in Gwalior, where the company will focus on producing advanced TOPCon solar cells with a total planned capacity of 5 GW. "Implementation of the project has commenced with Phase 1, wh ...Read More >
Mumbai Police is preparing to issue a lookout circular against Bollywood actor Shilpa Shetty and her husband Raj Kundra in a fraud case. The celebrity couple is accused by embezzling about Rs 60 crore from a businessman. What is the allegation? Businessman Deepak Kothari had alleged that between 2015 and 2023, the couple had taken Rs 60 crore from him under the pretext of expanding their business but spent it on personal expenses. This amount was taken through a company named Best Deal TV Pvt ...Read More >
PNN Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise 1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. The company's decision to go public underscores its amb ...Read More >
Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. Also Read | 'Wednesday' Season 2 Part 2: Jenna Ortega's Wed ...Read More >
PNNJamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025.The company's decision to go public underscores its ambiti ...Read More >
New Delhi, September 2: In a significant feat for the country to become a global semiconductor hub, Union Minister for Electronics and IT Ashwini Vaishnaw on Tuesday presented the first made-in-India processor, along with test chips from four approved projects, to Prime Minister Narendra Modi here. The first fully indigenous 32-bit microprocessor, called 'Vikram,' has been developed by ISRO's Semi-conductor Laboratory (SCL). It is designed to withstand the harsh environmental conditions of spac ...Read More >
New Delhi: Prime Minister Narendra Modi on Tuesday inaugurated the SEMICON India 2025 in Delhi. "A defining chapter in India's semiconductor journey is unfolding, with innovation and investment driving a new wave of growth," Modi said, addressing the event. At the event, Union IT Minister Ashwini Vaishnaw presented the first made-in-India chips to the PM, which included Vikram 32-bit microprocessor and test chips of four approved projects. Recalling the launch of India Semiconductor Mission (I ...Read More >
New Delhi, Sep 2 (SocialNews.XYZ) In a significant feat for the country to become a global semiconductor hub, Union Minister for Electronics and IT Ashwini Vaishnaw on Tuesday presented the first made-in-India processor, along with test chips from four approved projects, to Prime Minister Narendra Modi here. The first fully indigenous 32-bit microprocessor, called 'Vikram,' has been developed by ISRO's Semi-conductor Laboratory (SCL). It is designed to withstand the harsh environmental conditi ...Read More >
New Delhi [India], September 2 (ANI): Delhi Chief Minister Rekha Gupta said on Tuesday that Semicon India is not just a seminar or event but a symbol of the technological renaissance of the nation. She was speaking at the Semicon India 2025. "Semicon India is not just a seminar or event but a symbol of the technological renaissance of the nation," Gupta said. "When the whole world was grappling with the problems of supply chain disruptions, PM Modi took a historic decision to launch India Semi ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], September 2: IDFC FIRST Bank is pleased to announce the facility to pay GST for both its customers as well as non-customers. The integration provides the following features: 1) Open to both customers and non-customers. 2) Customers can pay GST through UPI, Credit Cards, and Debit cards and internet Banking. 3) Customers can also pay through nationwide branch network (via DD/Cheque/Cash). 4) Easy access to downloadable challans. This enhances ...Read More >
Tirumala: Hyderabad-based RSB Retail India Limited has donated Rs 2,92,91,840 (Rs. 2.93 crore) to the TTD BIRRD Trust on Sunday. Similarly, RS Brothers Jewellers Private Limited has donated Rs.1.10 crore to the TTD BIRRD Trust. The Managing Directors of these companies -- Potti Venkateswarlu, Seerna Rajamouli, T Prasada Rao, and Potti Malathi Lakshmi Kumari -- handed over the donation DDs to TTD Chairman BR Naidu and Additional EO Ch Venkaiah Chowdary at the Ranganayakula Mandapam inside the Sr ...Read More >
NEW DELHI: Two to three more semiconductor companies are likely to come to India, encouraged by the Centre's ambitious India Semiconductor Mission (ISM) scheme, according to S Krishnan, secretary, Ministry of Electronics and IT (MeitY). "We have got to 10 (number of approved semicon projects). Maybe two or three more (companies), and then we should be fully absorbing whatever we have done in the first phase of the India Semiconductor Mission," Krishnan said on Monday at an event organised by th ...Read More >
New Delhi, Sep 1 (PTI) Chip company Kaynes Semicon will allot 27,778 compulsorily convertible preference shares, offering up to 10 per cent share capital upon conversion, to US Technology International (UST) for collaboration in the semiconductor packaging business, according to an exchange filing. Kaynes Semicon, a wholly-owned subsidiary of Kaynes Technology India Ltd, is setting up an Outsourced Semiconductor Assembly and Test (OSAT) plant in Sanand, Gujarat. Kaynes Semicon Private Limited ...Read More >
The Enforcement Directorate searched real estate company BPTP in Delhi-NCR. The searches relate to a foreign exchange violation case. The case involves funds of about Rs 500 crore. BPTP allegedly received foreign investment from Mauritius. This investment occurred during 2007-2008. The investment contravened FEMA rules. CMD Kabul Chawla allegedly held foreign assets anonymously. The Enforcement Directorate (ED) on Tuesday searched premises related to real estate company BPTP across the Delhi-NC ...Read More >
New Delhi, Aug 29 (SocialNews.XYZ) The Enforcement Directorate, Gurugram office carried out search operations on August 26-27 under the provisions of Foreign Exchange Management Act (FEMA), 1999 at multiple locations in Delhi-NCR and Noida in connection with FEMA investigation against M/s BPTP Ltd. (formerly M/s. Business Park Town Planners Private Limited), a real estate company based in Faridabad, Haryana. The search operations were carried out at the offices of M/s BPTP Ltd. and the residenc ...Read More >
New Delhi: The government's plan to simplify the Goods and Services Tax (GST) structure, replacing the existing four-slab GST system with a simpler two-slab structure, is set to bring considerable relief to the consumers, with lower tax rates expected to make a wide range of goods more affordable, according to a new report. This move will directly benefit 11.4 per cent of India's Private Final Consumption Expenditure (PFCE), with taxable consumption estimated at Rs 150-160 lakh crore, Bank of B ...Read More >
Mumbai, Aug 25 (PTI) Cyber police arrested two individuals for allegedly duping a 79-year-old doctor from Mumbai of Rs 25 lakh through a fraudulent share trading scheme, an official said on Monday. The accused, identified as Prashant Chaudhary and Richard Rao, were found to be in contact with cyber fraudsters and had opened multiple bank accounts used to facilitate the fraudulent transactions, he said, adding that the arrests were made by the cyber cell of the Western Region. The victim, a sen ...Read More >
New Delhi, Aug 25 (PTI) Shares of Nazara Technologies tumbled over 3 per cent on Monday, taking the total losses to 20 per cent in four consecutive days of decline as investors deserted shares of online gaming-related firms following a proposed regulation on money-based games. The company's stock tanked 20.37 per cent on the BSE since Wednesday. On Monday, shares of the firm declined 3.46 per cent to settle at Rs 1,115.80. Shares of gaming and hospitality firm Delta Corp dropped 3.08 per cent ...Read More >
New Delhi, Aug 22 (PTI) Online gaming platforms, including Dream11, My11Circle, WinZO, Zupee, and Nazara Technologies-backed PokerBaazi, have halted their real-money online gaming offerings, following the passage of the Online Gaming Bill by Parliament on Thursday. The Promotion and Regulation of Online Gaming Bill, 2025, seeks a blanket ban on all forms of online money games, while promoting e-sports and online social games. Online fantasy game My11Circle, owned and operated by Play Games24x7 ...Read More >
New Delhi: The SEMICON India exhibition will feature nearly 350 exhibitors from across the global semiconductor value chain, along with six country round tables, four country pavilions, participation from nine Indian states, and over 15,000 expected visitors, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY) said on Friday. "This will provide South Asia's single largest platform for showcasing the latest advancements in the semiconductor and electronics industri ...Read More >
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application will remain open till 31st August 2025 . Also Read | Meta Superintelligence Labs Hiring on Hold: Mark Zuckerberg's Company Temporarily Pauses Its Massive AI Talent Hiring Spree for 'Organisational Planning' and I ...Read More >
New Delhi, Aug 21 (PTI) Solar module maker Vikram Solar's initial public offer garnered 54.63 times subscription on the last day of bidding on Thursday. The IPO received bids for 2,47,81,57,740 shares against 4,53,61,650 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched a huge 142.79 times subscription. Non Institutional Investors' part received 50.90 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 7.65 time ...Read More >
New Delhi, Aug 20 (PTI) Shares of Nazara Technologies tumbled nearly 13 per cent on Wednesday even as the company said it has no direct exposure to real money gaming (RMG) businesses. The stock of Nazara Technologies tanked 12.82 per cent to settle at Rs 1,221.65 apiece on the BSE. During the day, it dropped 15.97 per cent to Rs 1,177.45. Shares of Delta Corp, which tumbled 6.47 per cent to Rs 87.24 in intra-day trade, later bounced back and ended at Rs 93.83 each, up 0.59 per cent. OnMobile ...Read More >
NEW DELHI (Reuters) -Russia-backed Indian refiner Nayara Energy said on Thursday it was talking to government authorities and partners to maintain operational stability of its 400,000 barrels per day refinery and fuel supplies despite EU sanctions hurting the supply chain. The private refiner, majority-owned by Russian companies including Rosneft, was sanctioned by the EU last month as part of a package targeting entities linked to Russian oil. The private company sells about 70% of its refine ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.