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  • 16th Finance Commission may ask states to opt for more revenue mobilising steps amid slowdown

    The commission is expected to come out with a report by October 31, covering a period of five years from April 2026.

  • Zetwerk’s GMV crosses $2 billion in FY24

    Zetwerk’s GMV crosses $2 billion in FY24

    In FY24, Zetwerk recorded Rs 191 crore of Adjusted EBITDA from operations, as against Rs 188 crore in the year ago period, CEO Amrit Acharya told Moneycontrol in an interview.

  • West Bengal, Telangana see biggest fall in share of national GST collections since 2019-20

    West Bengal, Telangana see biggest fall in share of national GST collections since 2019-20

    GST collection figures show that the eastern state’s share in national GST collections decreased to 4 percent in 2024-25 (till November) from 4.6 percent in 2019-20

  • GST collection for May at Rs 1.73 lakh crore, up 10% YoY

    GST collection for May at Rs 1.73 lakh crore, up 10% YoY

    The gross GST collections in FY25 till May 2024 stood at Rs 3.83 lakh crore. This represents an 11.3 percent year-on-year growth

  • Maruti Suzuki Q4 net profit rises 48% to Rs 3,878 cr, firm declares Rs 125 dividend

    Maruti Suzuki Q4 net profit rises 48% to Rs 3,878 cr, firm declares Rs 125 dividend

    For the entire financial year, the company’s standalone net profit went up by over 64 percent to Rs 13,209 crore as against Rs 8,049 crore during the previous year ended March 2023

  • Nykaa Q1 revenue up 24% YoY led by beauty category, in-line with estimates

    Nykaa Q1 revenue up 24% YoY led by beauty category, in-line with estimates

    Nykaa's results come at a time when it has been hit by a slew of top-level exits. Since April, six senior executives, including company's chief marketing officer, Shalini Raghavan, among others, have quit the company

  • RITES Q1 results: Profit falls 26% to Rs 96 crore in Q1

    RITES Q1 results: Profit falls 26% to Rs 96 crore in Q1

    RITES Q1 earnings: Operating revenue, excluding other income, stood at Rs 503.7 crore in the quarter under review, down 13 percent from Rs 578.33 crore in the year-ago quarter.

  • GST collection dips to Rs 1.50 lakh crore in Feb

    GST collection dips to Rs 1.50 lakh crore in Feb

    Goods and Services Tax collections have exceeded the Rs 1.4 lakh crore level for 12 consecutive months

  • GST collections rise 26% on year to Rs 1.48 lakh crore in September

    GST collections rise 26% on year to Rs 1.48 lakh crore in September

    Goods and Services Tax mop-up has been over Rs 1.40 lakh crore for seven months in a row.

  • IndiGo’s losses widen on higher fuel costs and rising COVID-19 cases in last quarter of FY22

    IndiGo’s losses widen on higher fuel costs and rising COVID-19 cases in last quarter of FY22

    The high cost of fuel and a sliding rupee, along with the war in Ukraine has been the bane of IndiGo, like many other airlines across the world

  • Indian Railways freight loading up record 15% in 2021-22 to 1,418 MT

    Indian Railways freight loading up record 15% in 2021-22 to 1,418 MT

    The ministry of railways has raised the loading target to 1,475 MT and freight revenue target to Rs 1.65 lakh crore for 2022-23

  • RBI guidelines on recurring payments continue to cause disruption even after 6 months of deadline

    RBI guidelines on recurring payments continue to cause disruption even after 6 months of deadline

    With multiple levels of integration still ongoing, 40 percent of recurring payment mandates are still failing. Many subscription-based businesses have moved from monthly to annual models.

  • Omicron impact likely to be mild for hospitals

    Omicron impact likely to be mild for hospitals

    Resurgent COVID-19 can upset business normalisation calculations. However, experience from first two waves should help hospitals cope with Omicron better

  • Do real estate developers' sales site offices contribute to final revenues?

    Do real estate developers' sales site offices contribute to final revenues?

    Until a real estate project is fully developed and occupied, the sales or site office is its nerve centre. Apart from the online space, it is the primary bridge connecting developers to their customers and vice versa. From here, customers can seek and obtain critical information, clear doubts and have queries answered.

  • Indian Railways maps the way to bridge widening gap in capex and revenues

    Indian Railways maps the way to bridge widening gap in capex and revenues

    In the last five years, the annual capex has nearly doubled to Rs 2.15 lakh crore in 2021-22 budget estimates

  • Ideas For Profit | Betting On Associated Alcohol's Strong Earnings Record, Well-Run Biz

    Ideas For Profit | Betting On Associated Alcohol's Strong Earnings Record, Well-Run Biz

    Liquor Contract manufacturer Associated Alcohols & Breweries reported a mixed set of earnings in the last quarter of FY21. Its revenues were a bit soft, but the net profits were better than expected. Watch the video to know what makes AABL an attractive investment bet for the long term.

  • HCL Technologies offers employees bonus worth Rs 700 crore to mark $10-billion milestone

    HCL Technologies offers employees bonus worth Rs 700 crore to mark $10-billion milestone

    As per a statement from the company, all employees with one year of service or greater will receive a bonus, the equivalent of 10 days’ salary

  • The making of 2-trillion-dollar market-cap of Apple

    The making of 2-trillion-dollar market-cap of Apple

    The USA is the largest capital market representing ~40% of world equity. Rich money flows to US-listed companies from around the globe.

  • 3 Point Analysis | Tata Chemicals Q2 margins contract

    3 Point Analysis | Tata Chemicals Q2 margins contract

    Sakshi Batra does a 3 point analysis of Tata Chemical's earnings fine print.

  • Eyeing over Rs 500 cr revenues for FY17; take exports to 15%: Vadilal Industries

    Eyeing over Rs 500 cr revenues for FY17; take exports to 15%: Vadilal Industries

    The company currently sells equal amount of frozen desserts and ice creams that is 50-50 percent, said Rajesh Gandhi, CMD, Vadilal Industries

  • Lower tariff constrains telcos' capacity to invest: Govt

    Lower tariff constrains telcos' capacity to invest: Govt

    The decline in telecom operators' revenues due to falling tariff impacts their capacity to invest and this can also lead to delay in spectrum payment, the Rajya Sabha was informed today.

  • Cookware, cookers to see 10% YoY growth, says TTK Prestige

    Cookware, cookers to see 10% YoY growth, says TTK Prestige

    The TTK Prestige stock is down 15.5 percent from pre-demonetisation high of Rs 6,550. Speaking to CNBC-TV18, Chairman TT Jagannathan said the company has actually gained market share in the last two quarters.

  • DeMo shaves off Rs 8,000 cr; recovery quicker than thought: M&M

    DeMo shaves off Rs 8,000 cr; recovery quicker than thought: M&M

    In an interaction with PTI, he said if all of the drop in automobile and tractor sales in November and December were to be attributed to junking of 500 and 1,000 rupee notes and not any other seasonal factor, the loss to the industry may be of the order of Rs 8,000 crore or 10 per cent of total revenue.

  • Trump's policies positive for company, says Trigyn Tech

    Trump's policies positive for company, says Trigyn Tech

    Trigyn Technologies is gaining in trade on the back of winning a 12-year contract from IT dept of Maryland, US.

  • Capacity utilisation down to 60% due to demonetisation: Burnpur

    Capacity utilisation down to 60% due to demonetisation: Burnpur

    Burnpur Cement launched Pozolona Portable Cement from Patratu plant in Jharkhand. In an interview to CNBC-TV18, Ashok Gutgutia, VC & MD of Burnpur Cement spoke on how this will impact capacity utilisation and revenues. He also spoke about the impact of demonetisation.

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