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BUSINESS

Meesho Q1 results: Net loss stands at Rs 132.8 crore
BUSINESS

Meesho Q1 results: Net loss stands at Rs 132.8 crore

Mumbai, July 23 — E-commerce company Meesho Limited on Friday reported a consolidated net loss of Rs 132.8 crore for the first quarter of FY27, while its revenue rose 48.3 per cent year-on-year, driven by strong growth in orders and transacting users.The company posted a net loss of Rs 132.8 crore…

Infosys Q1 net profit slips 8.6 pc sequentially to Rs 7,775 crore
BUSINESS

Infosys Q1 net profit slips 8.6 pc sequentially to Rs 7,775 crore

Mumbai, July 23 — Infosys Limited on Thursday reported a consolidated net profit of Rs 7,775 crore for the first quarter of FY27, down 8.6 per cent from Rs 8,509 crore in the January-March quarter.On a year-on-year basis, however, the Bengaluru-headquartered IT major registered a 12.3 per cent…

Pakistan seeks $10 billion support from US to maintain foreign reserves
WORLD

Pakistan seeks $10 billion support from US to maintain foreign reserves

New Delhi, July 23 — Pakistan’s finance minister, Muhammad Aurangzeb, has requested the US Treasury Secretary Scott Bessent for a $10 billion Exchange Stabilisation Support Facility to bolster the country’s foreign exchange reserves and ease debt pressures, a new report has said.The report from…

IndiGo logs Rs 238 crore Q1 net loss amid Middle East disruptions
BUSINESS

IndiGo logs Rs 238 crore Q1 net loss amid Middle East disruptions

New Delhi, July 23 — InterGlobe Aviation -- the parent company of IndiGo -- on Thursday reported a consolidated net loss of Rs 238 crore for the first quarter of FY27, compared with a profit of Rs 2,176.3 crore in the corresponding period last year, which is a decline of about 90 per cent…

Pakistan hikes price of petrol by PKR 6.39, diesel by PKR 7.83
WORLD

Pakistan hikes price of petrol by PKR 6.39, diesel by PKR 7.83

Islamabad, July 23 — The Pakistan government has raised the price of petrol by Pakistani Rupees (PKR) 6.39 while high-speed diesel (HSD) has been hiked by PKR 7.83 litre. After the latest decision, the petrol price in Pakistan now rises to PKR 327.12 per litre while HSD price stood at PKR 375.04.…