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News
Yatra's Q1 Profit Crashes 98% YoY To 34 Lakhs
Online travel aggregator (OTA) Yatra's consolidated net profit crashed 97.9% to 34 Lakhs in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from nearly 16 Cr in the year ago quarter. On a sequential basis, profit after tax (PAT) tanked 95.9% from
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Bank Of America To Buy 49.9% Stake In Jio Financial Services' NBFC Arm For $1.9 Bn
Bank of America's wholly-owned subsidiary NB Holdings Corporation has signed a definitive joint venture (JV) agreement with Jio Financial Services (JFS) to invest up to 18,268.2 Cr ($1.9 Bn) in the latter's NBFC subsidiary, Jio Credit. After receiving reg
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Cursor To Open First India Office By 2026 End: Report
Adding to its India push, US-based AI coding major Cursor is reportedly set to open its first office in India by the end of this calendar year. "Over the course of the next five months, you will see us make some fairly significant go-to-market efforts in
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DevX Q1 Profit Jumps To 1.5 Cr Despite A 3.3% YoY Dip In Revenue
Office space provider DevX (Dev Accelerator) reported a consolidated net profit of 1.50 Cr in Q1 FY27, more than 10X of the 14 Lakh profit it registered in the year-ago period. However, on a sequential basis, net profit slipped by 81% from 8 Cr. Operating
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Update Shiprocket IPO: Public Issue Subscribed 97% On Day 1
Update August 12, 17:31 IST Shiprocket's public issue was subscribed 97% on the first day of bidding, receiving bids for 9.15 Cr equity shares against 9.44 Cr shares on offer. Up until now, retail investors have been the most bullish on the IPO. These inv
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