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Saturday, April 27, 2024
TopicLoss

Topic: loss

Spicejet plans to hike fresh capital amid string of losses, market share battle

The plan comes as Spicejet's cash reserves dwindle and new entrant Akasa Air jostles for a share of the market and rival Air India ramps up its revamp plans.

Zomato’s shares surge 13%, highest since June after reporting smaller net loss in Q2

The app's consolidated net loss narrowed to 2.51 billion Indian rupees in the July-September quarter, from 4.30 billion rupees a year earlier.

Truckloads of apples start to rot as blocked Kashmir highway halts deliveries

Trucks carrying apples worth thousands are stranded on Kashmir’s main highway due to repairs, triggering protests by growers.

Output of 8 crore infrastructure sectors drops by 9.6% in July

Seven sectors i.e. coal, crude oil, natural gas, refinery products, steel, cement and electricity saw negative growth for the fifth consecutive month.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.