Tata Motors posts net loss of Rs 1,516 cr in Q3 amid chip shortage
Medilytix Bureau: India’s largest automaker Tata Motors on Monday reported a loss of Rs 1,516 crore (attributable to shareholders) for the quarter ending 31 December, 2021, as semiconductor shortages crimped…
Exports of Marine Products register a growth of 35% to USD 6.1 Billion
Medilytix Bureau: Exports of Marine Products registered a growth of 35% to USD 6.1 Billion during April-December 2021 (Provisional) as compared to USD 4.5 Billion during same period in the…
India’s Exports of Ready To Eat products rises by 24% to $ 394 million in 2021-22
Medilytix Bureau: India’s export of final consumer food products such as Ready to Eat (RTE), Ready to Cook (RTC) and Ready to Serve (RTS) under the APEDA basket has registered…
Rafa Nadal wins in a classic Australian Open final on Sunday, wins his 21st Grand Slam title
Medilytix Bureau: Rafa Nadal edged Daniil Medvedev in a classic Australian Open final on Sunday, roaring back from two sets down to claim a record 21st Grand Slam title only…
Online payments grow by 104% in 2021; BNPL shines: Razorpay report
Medilytix Bureau: If you thought the United Payments Interface (UPI) was the only shining spot of India’s burgeoning fintech industry, think again. Buy Now Pay Later (BNPL) is increasingly turning…
Ola to set up India’s largest dark stores network, Dash
Medilytix Bureau: Ola is furthering its quick commerce ambitions with the setting up of what it claims to be the country’s largest dark store network – Dash. Over the next…
IndusInd Bank Q3 results: Net profit up 50% to Rs 1,242 cr; NII rises 11%
Medilytix Bureau: IndusInd Bank reported a 50 per cent year-on-year (YoY) jump in its consolidated net profit for October-December quarter at Rs 1,242 crore on the back of lower provisions.…
DealShare turns unicorn; raises $165 mn from Tiger Global, Kora Capital, others
Medilytix Bureau: Social e-commerce start-up DealShare has become the latest entrant to the coveted unicorn club as the company raised $165 million in a Series E funding round at a…
Vedanta Q3 net profit rises 26% to Rs 4,164 cr
Medilytix Bureau: Vedanta Ltd on Friday reported a 26.2 rise in consolidated net profit at Rs 4,164 crore for the quarter ended December 31, 2021. The company had posted a…
Data Privacy Day: How Indian firms can prepare in this privacy age
Medilytix Feature Desk : By 2025, it’s estimated that 463 exabytes of data will be created each day globally, as per the World Economic Forum. This poses a huge challenge…