Groww post Rs 735 Cr profit in Q1 FY27, revenue jumps 66%
Groww, operated by Billionbrains Garage Ventures, reported a consolidated net profit of ₹735 crore for the first quarter of FY27,…
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Category: Companies & Business
News on major companies, retail and consumer brands.
DeepSeek Founder Liang Wenfeng Becomes World’s Richest AI Business Founder
DeepSeek founder Liang Wenfeng has become the world’s richest founder of an artificial intelligence model company, following a sharp increase…
Restaurant association urges CCI to stop Zomato from imposing price parity
The National Restaurant Association of India (NRAI) has urged the Competition Commission of India (CCI) to direct Zomato to stop…
United Spirits Invests ₹1,295 Crore on Advertising in FY26
United Spirits Ltd. (USL), the Indian arm of Diageo, increased its advertising and sales promotion expenditure by 16% year-on-year to…
Trump withdraws 20% Hormuz Cargo Fee
U.S. President Donald Trump has withdrawn his proposed 20% cargo fee on commercial vessels transiting the Strait of Hormuz, replacing…
India Post Posts Highest-Ever First-Quarter Revenue of ₹4,009 Crore in Q1
India Post has recorded its highest-ever first-quarter revenue, generating ₹4,008.95 crore during April–June FY2026-27 (Q1 FY27). The state-run postal department…
CCI imposes ₹138.85 crore penalty on HP for manipulating government tenders
The Competition Commission of India (CCI) has imposed a ₹138.85 crore penalty on HP India Sales Pvt. Ltd. after finding…
Bata cross 2,000 stores in India
Bata India has crossed the milestone of 2,000 retail stores across the country, becoming India’s largest footwear retail network. Building…
Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034
Legendary investor Warren Buffett has announced plans to donate his entire remaining stake in Berkshire Hathaway by the end of…
BigBasket trims store footprint as new CEO takes on profitability mandate
BigBasket, the Tata Digital-owned online grocery platform, is significantly reducing its operational footprint as newly appointed CEO Amit Nanda prioritizes…