What are the key takeaways from the March 2021 and FY21 earnings season? Which sectors managed to surprise you positively and negatively? Siji Philip, Senior Research Analyst, Axis Securities, answers some of the key questions in this video. Watch it.

How India Inc fared in the March quarter and what awaits it in FY22?

Hyperlocal e-commerce firm magicpin on Tuesday said it has crossed the 1.5 lakh-mark for daily order of food and logistics services on the government-backed ONDC platform, registering a 15-times growth over 15 months.
magicpin joined the Open Network for Digital Commerce (ONDC) network in March last year with 22,000 restaurant partners, which the company has scaled to 70,000, the company said in a statement.
The company saw 100 daily orders in early May 2023, which increased to 10,000 in four weeks, the company said.
"In about 1.5 years, we have double-digit market share in major cities, with more than 10 per cent market share in key markets like Delhi or Bengaluru in terms of overall food delivery. We are thrilled with magicpin's success on ONDC, where we have reached 1.5 lakh daily orders for food delivery and logistics on the network," magicpin CEO and Co-Founder Anshoo Sharma said.
He said 90 per cent of food orders from prominent buyer apps such as Paytm, Tata Neu, and Ola are

The company saw 100 daily orders in early May 2023, which increased to 10,000 in four weeks, the company said

Booming gig economy, dismal pay: Fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses

MediaTek is adding Gemini Nano support to its processors, beginning with the soon-to-be-released Dimensity 9400

The Grid Legends Deluxe Edition video game is now available for pre-orders on both the Apple App Store and Google Play Store for Rs 999

Despite improved dissolved oxygen levels from August rains, faecal pollution in the Yamuna surged to 4.9M units in September, 1,959 times the safe limit, marking the worst contamination since 2022

The upper stage of PSLV-37 rocket, which launched a record number of 104 satellites more than seven years ago, has re-entered the earth's atmosphere as predicted, the Indian Space Research Organisation announced on Tuesday.
PSLV-C37 was launched on February 15, 2017 with Cartosat-2D as the main payload along with another 103 satellites as co-passengers. It created history as the first mission to launch 104 satellites with a single vehicle, the Bengaluru-headquartered national space agency noted in a statement.
After injecting the satellites and passivation, the upper stage (PS4) was left at an orbit of approximately 470 x 494 km size. It was regularly tracked and its orbital altitude slowly decayed, primarily due to atmospheric drag effects, it said.
Since September 2024, IS4OM (ISRO System for Safe and Sustainable Space Operations Management) regularly monitored the orbital decay as part of its regular activities and predicted the re-entry into the atmosphere in October first week.

This requirement was met by properly designing a passivation sequence which lowered the orbit of PS4 after the injection of the payloads

The finance ministry will commence from October 10 its pre-Budget meetings with review of six ministries and departments, including new & renewable energy and skill development & entrepreneurship.
The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year.
On the last day, Ministry of Railway and Department of Health and Family Welfare will be discussed.
The Union Budget 2025-26 is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," the Budget circular 2025-26 issued by Department of Economic Affairs said.
It will be the second ...

The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year

The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month in the backdrop of the Indian economy recording 7 per cent growth rate for the fourth consecutive year.
The budget for the next financial year would focus on reforms to be pushed to further accelerate growth momentum and measures to generate jobs and boost demand in the economy.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," Budget circular 2025-26 issued by the Department of Economic Affairs said.
Hard copies of the data in the specified formats should be submitted for cross-verification, it said.
It will be the second budget of the Modi 3.0 government and 8th straight Budget for Finance Minister Nirmala Sitharaman, a rare distinction in Indian ...

Pre-budget meeting shall commence from second week of October, 2024 and shall continue till around mid-November, 2024, it said

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

How India Inc fared in the March quarter and what awaits it in FY22?

What are the key takeaways from the March 2021 and FY21 earnings season? Which sectors managed to surprise you positively and negatively? Siji Philip, Senior Research Analyst, Axis Securities, answers some of the key questions in this video. Watch it.

Explore News