Pandemic hits IndiGo; Q1 loss mounts
IndiGo reported a staggering loss of ₹3,174 crore for the first quarter, impacted severely by the pandemic. However, from July onwards it has started to see a measured recovery in passenger demand.
IndiGo reported a staggering loss of ₹3,174 crore for the first quarter, impacted severely by the pandemic. However, from July onwards it has started to see a measured recovery in passenger demand.
Urban Ladder—once a darling of investors—saw a drastic reduction in its valuation and was sold to Reliance Retail Ventures at a much lower price. Where did it go wrong?
This pandemic has brought many stories of failure and loss. But it has also brought out stories of resilience and grit. The underlying message is simple: don’t let failure overwhelm you.
The Bengaluru-based company expects revenue from its IT services business to rise by up to 2% y-o-y in the March quarter, announces interim dividend of ₹1 per equity share.
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
Catch a sneak peek into our Fortune India Next 500 quarterly special.
The automobile major posted its third straight quarterly loss in the October-December period.
SBI reported a loss of Rs 4,876 crore, with provisions more than doubling from last year.
ICICI Bank’s stock rises nearly 5% despite quarterly losses as investors draw comfort from NPA clean-up steps.