Oyo reports first ever annual profit of Rs 229 crore in FY24.
3 replies13 likes
Jeet Sarkar
Stealth • 10m
Indian technology company Wipro will acquire insurtech firm Aggne Global Inc. and its Hyderabad-based affiliate Aggne Global IT Services for $66 million or around Rs 548 crore. Initially.
The company will acquire a 60% stake in an all-cash deal, wit
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0 replies3 likes
Mohammed Zaid
Stealth • 1m
Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ₹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added
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3 replies1 like
Mahendra Lochhab
Stealth • 1m
Snacks maker Haldiram Bhujiwala has raised Rs 235 crore from Pantomath's Bharat Value Fund (BVF) in lieu of a minority stake through private placement.
2 replies14 likes
Sanskar
Stealth • 6m
Haldiram's was founded by Ganga Bishan Agarwal, commonly known as Haldiram, in 1937. Haldiram began his journey in Bikaner (Rajasthan) where he started a small shop selling traditional Indian sweets and snacks, and the famous "bhujia".
fast-forwardi
Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs
UK-based Vodafone Group Plc is reportedly looking to invest as much as Rs 3,000 crore of equity in its Indian telecom joint venture (JV) Vodafone Idea Ltd., Moneycontrol reported.
The report comes after the UK-based company announced that it had so
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0 replies4 likes
K
Stealth • 7m
Headline numbers:
The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore.
Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago.
Key takeaway:
The company is doubling down on i