Showing posts from May, 2023

Shopsy delivers value to 16 mn transacting customers in Q1 2023 with 3X growth in units and sellers

Shopsy by Flipkart has a strong presence in India's heartland, with 70% of its customers hailing from Tier-2 and Tier-3 areas During this quarter, Shopsy has expanded its reach by including 350 new pin codes, such as Ghazipur, Cachar, Hamirpur, Una, and Pratapgarh. New sellers hail from cities across India, including Agra, Ahmedabad, Bengaluru, Ghaziabad, Jaipur, Mumbai, New Delhi, Rajkot, and Surat Bengaluru –  May 31, 2023 :  Shopsy, Bharat’s fastest-growing hyper-value e-commerce platform, has provided value to millions of customers across India. The platform has witnessed an uptick of 3X growth in units, customers, and sellers in the last year, with over 175 million app downloads. In the past quarter alone,  Shopsy has expanded its last-mile delivery to  350 new pin codes  in the country across tier-2 and tier-3 regions, including  Cachar, Ghazipur, Hamirpur, Pratapgarh, and Una,  among others. Many new customers commencing their e-commerce journey with Shopsy are female shoppe

TiE Mumbai announces TiECon Mumbai 2023 Unboxing India 3.0 – Anti fragile| Conscious| Innovating

Mumbai, 31 May 2023 : TiE Mumbai has announced the 16th edition of its flagship conference - TiEcon Mumbai which will be held on the 2 nd of June 2023 at the prestigious Jio World Convention Centre. BKC - India's largest and first state of the art Conference and Exhibition center. India stands at the forefront of a significant transformation that has caught the attention of the world. The country's focus on high-tech manufacturing, digital technology, knowledge capital, life sciences, and tech entrepreneurship has positioned it to lead the global revolution in a significant way. Given the current dynamic scenario of entrepreneurship in India, this year's conference will be based on the theme "Unboxing India 3.0 – Anti fragile| Conscious| Innovating" .  Ranu Vohra, President – TiE Mumbai said “India is poised to play a pivotal role globally, becoming the epicenter for High Tech Manufacturing, Supply of Knowledge Capital to the world, and providing the – fastest

The Tennis Premier League Just Got Bigger as Bengal Wizards Is Gearing Up to Play in Season 5

  ~The Bengal Wizards Owned by Mr. Yatin Gupte and Leander Paes will compete in the latest edition of the league~ Mumbai, 29 th May 2023 : The Tennis Premier League on Monday announced their latest franchise Bengal Wizards owned by the Wardwizard Group which is led by Chairman, Mr. Yatin Gupte and Kolkata-born tennis icon Leander Paes, who is the driving force behind the Bengal Franchise, graced the event with their presence. The announcement was made at a grand ceremony in Mumbai at the Club Millennium Juhu Tennis Courts. Bengal Wizards will be in action in season 5 of the Tennis Premier League along with Pune Jaguars, owned by Sonali Bendre, Hyderabad Strikers, owned by Rakul Preet Singh, Bengaluru Spartans with Sania Mirza as ambassador and Punjab Tigers, owned by Taapsee Pannu. The Season 5 of the league will be played in December 2023. The Wardwizard group strives for innovation with Joy e-Bike as one of the flagship brands, among others including Quikshef and Snack Buddy under i

ONGC declares results for FY’23; posts net profit of Rs 38,829 crore for FY’23, highest ever total dividend of 225% for FY’23

  New Delhi | 26 th May, 2023 Highlights: Gross Revenue Rs. 36,293 crore in Q4FY’23, up by 5.2 %; Rs. 1,55,517 crore in FY’23, up by 40.9% Total dividend for FY’23 Rs. 11.25 per share (225%) considering interim dividend of Rs. 10.75 per share (215%) and Final dividend of Rs. 0.50 per share (10%)  Eight discoveries made and three monetized in FY’23 ONGC Board of Directors in its 364 th Meeting held on 26 th May, 2023, approved the annual results for FY’23.  Financial Performance (Standalone) Particulars Q4FY’23 Q4FY’22 % Var FY’23 FY’22 % Var Gross Revenue (Rs. Crore) 36,293 34,497 5.2 1,55,517 1,10,345 40.9 Exceptional items (including current year provision for ST/GST on royalty)* (12,107) - - (12,107) - - Profit/(loss) Before Tax (PBT) * (Rs. Crore) (979) 11,714 (108.4) 50,395 41,040 22.8 Profit/(loss) After Tax (PAT)* (Rs. Crore) (248) 8,860 (102.8) 38,829 40,306 (3.7) * The company has reviewed the entire issue of disputed Service tax and GST on royalty and has decided to make