BharatPe: BharatPe’s revenue rises 182% in FY23, loss at ₹886 crore

BharatPe: BharatPe’s revenue rises 182% in FY23, loss at ₹886 crore

NEW DELHI: Fintech unicorn BharatPe’s revenue from operations increased to Rs 904 crore in FY23 from Rs 321 crore in FY22, registering a year-on-year growth of 182%, the company said in a statement on Tuesday.The startup claimed that its losses before tax reduced to Rs 886 crore in FY23 from Rs 5,594 crore in FY22. … Read more

BharatPe remains in losses in FY23 but revenues grow multi-fold

BharatPe remains in losses in FY23 but revenues grow multi-fold

NEW DELHI: Fintech unicorn BharatPe’s revenue from operations increased to Rs 904 crore in FY23 from Rs 321 crore in FY22, registering a year-on-year growth of 182%, the company said in a statement on Tuesday. Even as losses narrowed to an extent, they still remain well over Rs 800 crore. The startup claimed that its … Read more

GST Collection For November 2023 Records Highest Growth Rate

GST Collection For November 2023 Records Highest Growth Rate

Home Business GST Collection For November 2023 Records Highest Growth Rate The government has settled Rs 37,878 crore to CGST and Rs 31,557 crore to SGST from IGST. (File Photo) GST Collection November 2023: The gross GST revenue collected in the month of November 2023 is Rs 1,67,929 crore out of which CGST is Rs … Read more

Reliance Industries, Asian Paints among 7 stocks that earned downgrades in last 1 month. Do you own any? – Bearish View

Reliance Industries, Asian Paints among 7 stocks that earned downgrades in last 1 month. Do you own any? – Bearish View

Hero MotoCorp Share Price 3758.85 01:31 PM | 29 Nov 2023 136.85(3.78%) Mahindra & Mahindra Share Price 1609.00 01:31 PM | 29 Nov 2023 42.50(2.71%) Axis Bank Share Price 1045.05 01:31 PM | 29 Nov 2023 23.90(2.34%) Wipro Share Price 406.00 01:31 PM | 29 Nov 2023 9.15(2.31%) Britannia Industries Share Price 4809.70 01:31 PM … Read more

Adani Power, Safari Industries among 8 stocks that are near the buy point – Buy Ideas

Adani Power, Safari Industries among 8 stocks that are near the buy point – Buy Ideas

Adani Enterprises Share Price 2416.05 03:23 PM | 28 Nov 2023 190.60(8.56%) Adani Ports & Special Economic Zone Share Price 837.40 03:23 PM | 28 Nov 2023 41.85(5.26%) Tata Motors Share Price 698.85 03:23 PM | 28 Nov 2023 25.15(3.73%) Bharat Petroleum Corporation Share Price 424.50 03:23 PM | 28 Nov 2023 13.90(3.39%) Oil & … Read more

auto stocks: After robust H1, auto cos all set to shine in H2 as well; but which stocks should you bet on?

auto stocks: After robust H1, auto cos all set to shine in H2 as well; but which stocks should you bet on?

Automobile companies have kickstarted the current financial year on a very strong note, as a majority of them reported double-digit growth in both revenue and profits for the six months ended September. While growth was board based, four-wheeler makers saw revenue growing at a faster pace than two-wheeler makers. This was on the back of … Read more

Mamaearth to announce Q2 results today. What to expect, how to trade

Mamaearth to announce Q2 results today. What to expect, how to trade

Shares of newly-listed Honasa Consumer, which runs Mamaearth and other beauty and personal care brands, are in focus today as the FMCG company is due to announce its first quarterly result after listing. In the September quarter, foreign brokerage firm Jefferies has forecast 20% YoY growth with slight improvement in margin on a sequential basis. … Read more

Finance minister nudges biz to register for GST, says they’re losing clients

Finance minister nudges biz to register for GST, says they’re losing clients

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday exhorted consumers to insist on a bill, while making a purchase so that GST evasion is minimised,and also asked officers to focus on expanding the taxpayer base, while seeking to generate more revenue.“From now, I would like equal attention to be given to the collection of tax, … Read more

india: Wheels India to set up wholly owned subsidiaries in the US and Europe

india: Wheels India to set up wholly owned subsidiaries in the US and Europe

Chennai: Wheels India, a manufacturer of wheels for trucks, tractors, passenger vehicles, and construction equipment would be setting up wholly owned subsidiaries in the United States and Europe for business development and sales coordination, a top official said. The decision to set up the subsidiaries was against the backdrop of the businesses offering growth in … Read more