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Aurobindo Pharma Q3 Net Profit at Rs 535 Crore

New Delhi: Aurobindo Pharma today reported a consolidated net profit at Rs 535 crore for the third quarter ended December 31, 2015. The company had posted a consolidated net profit of Rs 384 crore in the same period last fiscal, Aurobindo Pharma said in a BSE filing. Net sales during the period under review stood at Rs 3,432.08 crore. In ... Read More »

Renuka Sugars Q3 Net Loss Narrows at Rs 46 Crore

New Delhi: Leading sugar refiner Shree Renuka Sugars today reported a narrowing of its standalone net loss at Rs 46 crore for the quarter ended December 31, 2015. The company had posted a net loss of Rs 90 crore in the same quarter last year, it said in a BSE filing. The net loss narrowed down due to increase in ... Read More »

Pay for Petrol With Paytm at Indian Oil Pumps

On Friday, Paytm founder Vijay Shekhar Sharma announced via a Facebook post that customers at Indian Oil petrol pumps can pay for fuel using the mobile wallet. The company is enabling this one pump at a time, so for now, only a few pumps accept payments via Paytm. This continues the path for mobile wallets to become a viable alternative ... Read More »

Zomato Breaks Even at Home, in Key Markets Abroad

Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million (roughly Rs. 1,356 crores) in funding, a ... Read More »