• ENTREPRENEURS
    Dabur India Q1 profit up 25% to Rs330 crore

    Dabur India’s total expenses were at ₹1,752.17 crore in Q1/FY 2018-19. Photo: Mint New Delhi: Dabur India, homegrown FMCG major, on Tuesday reported 24.59% rise in consolidated net profit to ₹330 crore for the first quarter ended 30 June 2018-19, driven by volume growth in key categories. It had posted a net profit of ₹264.86 crore […]

  • NEWS
    JK Paper Q1 profit rises 58% to ₹95.14 crore, sales climb 18%

    JK Paper’s improved EBIDTA margin and deleveraging contributed to a rating upgrade by CRISIL New Delhi: JK Paper Ltd on Tuesday posted a 58% rise in profit after tax in the first quarter of 2018-19 at ₹95.14 crore, up from ₹60.11 crore in the same period a year ago. The company’s gross revenue from operations was […]

  • STARTUPS
    Tech giants acquired 34 AI startups in Q1 2017

    A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights. Tech giants seeking to reinforce their leads in artificial intelligence or make up for lost ground have been the most aggressive […]

  • NEWS
    Bank of America Reports Earnings Drop in Q1, Stock Dips

    Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was […]

  • SUCCESS
    Bank of America Reports Earnings Drop in Q1, Stock Dips

    Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was […]

  • STARTUPS
    InnoVen Capital India loaned $12 million to eight start-ups in Q1

    Photo: Bloomberg Bengaluru: InnoVen Capital India, a venture debt firm backed by Singapore’s sovereign wealth fund Temasek Holdings Pvt. Ltd, has loaned around $12 million to eight start-ups in the June quarter, said a senior company executive, signalling that venture debt is becoming popular with start-ups looking to meet their working capital requirements. Between March […]