Tag: losses

Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha.(AP)
Posted in Business

How Warren Buffett cut losses with record cash reserve before stock market crash

Aug 07, 2024 11:27 AM IST Berkshire Hathaway’s stock portfolio took a hit as its major holdings- Apple, Bank of America and Mitsubishi- saw sharp…

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A SpiceJet passenger Boeing 737-800 aircraft (Representational photo/Reuters)
Posted in Business

SpiceJet to raise ₹3000 crore in latest move to restore normalcy

India’s SpiceJet said on Tuesday it plans to raise 30 billion rupees (around $360 million) by selling securities, including shares, marking the troubled budget carrier’s…

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Posted in Startups

Healthy snacks: Consumer awareness, social media put healthy snack brands on growth path

Healthy snack brands are seeing explosive growth, propelled by a surge in health-conscious consumers, further amplified by social media influencers. However, scaling these businesses beyond…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Slice: Slice posts 200% jump in FY23 operational revenue, losses go up 60%

Fintech unicorn Slice reported operational revenue of Rs 847 crore in fiscal 2023, up 200% from Rs 283 crore a year earlier. Its net losses…

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Posted in Startups

Cashfree: Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 crore

Payment gateway and services provider Cashfree saw revenue from operations rising 75% on year to Rs 614 crore in FY23, even as its losses swelled…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

tata 1mg: Tata 1mg scale grows in FY23 but losses more than double on one-time expense

Online pharmacy platform Tata 1mg has reported a 160% year-on-year jump in its operating revenue for the year ended March 31 to Rs 1,627 crore….

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

new age tech firms profitability: Reducing cash burn and achieving profitability key targets for listed new-age tech firms

Reducing cash burn, narrowing losses, and finding a sustainable path to profitability were the dominant themes as major new-age tech firms announced their fourth quarter…

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