MapmyIndia Profit

MapMyIndia’s Q2 profit remained unchanged at Rs 25.40 cr while revenue increased by 34.6%

This is despite the fact that MapMyIndia’s operating income increased by 34.6% for the quarter to Rs 76.3 crore from Rs 56.7 crore in the corresponding quarter last year. EBITDA increased 17.2% for the period, from Rs 26.1 crore in the same quarter the previous year to Rs 30.6 crore in the second quarter of […]

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Mark Zuckerberg Wealth

From 3rd richest to 23rd! This year, Mark Zuckerberg lost 61% of his wealth

By his billionaire standards, Mark Zuckerberg is getting poorer by the day. With the firm shares falling precipitously this year, the CEO of Meta has watched his fortune shrink.  According to the Bloomberg Billionaires Index, since the beginning of 2022, Zuckerberg has lost $76.6 billion, or 61% of his wealth. This includes a $2.7 billion

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After Byju’s asks 140 employees to leave, the techies’ welfare association meets with the Kerala minister

On Tuesday, the saga of Bengaluru-based Byju’s layoff took a new turn. More than 170 employees of Think & Learn Private Limited raised their voices after being ordered to forcibly leave by the company management, according to a LinkedIn post shared by Technopark Today, a community network for IT professionals. The statement further stated that

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On Dhanteras, gold sales reach a record high thanks to Indians’ love for the Diwali dazzle

The gold and jewellery market finally took off after two years of sluggishness, raising sales above and above the COVID-caused decline. Despite the impending economic uncertainty and the strong likelihood of a global recession in the next months, sales of gold and silver have just reached record levels. All India Jewelers and Goldsmith Federation (AIJGF)

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Asian Paints shares decline

Asian Paints shares decline more than 3% after Q2 earnings fall short of estimates

Despite the company announcing a 31.3% year-over-year (YoY) increase in consolidated net profit for the September quarter, shares of Asian Paints plummeted more than 3% today. Profit was less than D-projections, Street’s which caused the stock to trade with less enthusiasm.  Compared to the September quarter of the prior fiscal year, the second quarter’s net

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Bangalore-based Startup

Bangalore-based startup Khatabook reveals its plan to generate profit

In the following 18 months, Bangalore-based finance startup Khatabook hopes to reach the profitability criterion. The MSME lender hopes to accomplish this by concentrating on its digital lending products and growing the number of customers who use its premium Software-as-a-Service (SaaS) services.  A commercial desktop edition of Khatabook will be released in November in keeping

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