Category: Business

Zomato parent sees Q1 profit plunge 90%

BENGALURU: Eternal-the listed parent of Zomato – posted a net profit of Rs 25 crore, an over 90% decline from Rs 253 crore in the year-ago period, due to increased investments in Blinkit and other emerging segments. Eternal reported a 70% year-on-year increase in consolidated revenue to Rs 7,167 crore for the quarter. Source link

Strategic shift: JK CM seeks Centre’s nod for Tulbul barrage and Chenab lift project; Indus Waters Treaty suspension opens window

Jammu and Kashmir Chief Minister Omar Abdullah has urged the Centre to clear two long-pending water infrastructure projects—the Tulbul Navigation Barrage in north Kashmir and a Chenab River water-lifting scheme for Jammu—after New Delhi suspended the 1960 Indus Waters Treaty (IWT) in response to Pakistan-aided terrorism.The Centre’s move came in the wake of the April […]

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