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Government prepares draft sustainable aviation fuels policy; moots mandatory blending in ATF from 2027
New Delhi: Airlines will soon have to start mandatory blending of sustainable aviation fuel, starting with 1 per cent from 2027, and at least 90…
Nykaa Q2 profit more than triples, operating revenue grows 28%
Bengaluru: Nykaa parent FSN E-Commerce Ventures’ second-quarter operating revenue rose 28% to Rs 3,006 crore from Rs 2,345.98 crore a year earlier, driven by rising…
In our business, profitability also tends to improve as we grow: Lenskart’s Peyush Bansal
A year after Lenskart’s stock market debut, cofounder and CEO Peyush Bansal told ET in an interview that the company will continue to prioritise growth…
Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visits
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Wednesday set March 31, 2027, as the deadline for complete digitisation of services provided by…
Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priority
Eyewear retailer Lenskart Solutions has outlined a long-term roadmap to achieve a 25% Ebitda margin, saying greater control over manufacturing, brands, distribution, research and development…
Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%
Eyewear retailer Lenskart Solutions reported a 36% year-on-year (YoY) increase in consolidated revenue from operations to Rs 2,845 crore in the July-September quarter, driven by…
PhysicsWallah Q2 net profit doubles to Rs 144 crore, revenue rises 18%
Edtech company PhysicsWallah’s consolidated net profit more than doubled to Rs 143.63 crore in the September quarter from Rs 69.71 crore a year earlier, driven…
Uber’s profit forecast disappoints as driver shortages, Middle East conflict hurt
Uber forecast adjusted profit below Wall Street expectations on Wednesday, as driver shortages, higher fuel costs and the Middle East conflict weighed on ride-hailing growth…
Musk feels brunt of Democrats’ midterm win as Tesla, SpaceX shares fall
Shares of Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday’s US stock-market opening as Democrats swept to control of Congress,…
Nykaa: Nykaa acquires celebrity makeup artist Namrata Soni’s beauty brand Simply Nam
Beauty and fashion retailer Nykaa has acquired a majority stake in Mumbai-based beauty products brand Simply Nam, founded by celebrity makeup artist Namrata Soni, according…