Chinese tech companies record substantial losses due to extensive spending

Jun 08, 2021

Beijing [China], June 8 : As a result of extensive spending, major Chinese companies, including Meituan, Pinduoduo and Kuaishou are sustaining substantial losses as...

Paisabazaar achieves profitability ahead of guidance

Feb 22, 2023

Gurgaon (Haryana) [India], February 22 (ANI/NewsVoir): Paisabazaar, India's leading marketplace for consumer credit and free credit score platform, announced that it became profitable in...

Axita Cotton Limited Poised for Short-Term Growth Following Stellar Financial Results

Apr 29, 2024

New Delhi [India], April 29: Axita Cotton Limited, a prominent player in the textile industry, has recently showcased an impressive performance in its financial...

Everton handed two-point deduction for breaching PSR

Apr 08, 2024

Everton have been docked two points for breaching the Premier League's Profitability and Sustainability Rules (PSR).

Operating margin of aluminium producers to decline 12 percentage points in 2022-23: Crisil

Oct 31, 2022

For aluminium makers, profitability is a function of global and domestic factors that affect prices and costs.

Egg startup Eggoz eyes profitability by 2024-end

Mar 31, 2024

Founded in 2017 by IIT Kharagpur alumni Abhishek Negi, Aditya Singh and Uttam Kumar, Eggoz claims its eggs are more nutritious, hygenic, and chemical-free,...