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Uber India's ride-hailing losses surge in FY25
Financial Express Mumbai
|February 14, 2026
UBER INDIA REPORTED a consolidated loss of $1,512 crore in FY25,up sharply from $89 crore in the previous fiscal, as its ride-hailing business bore the brunt of intensifying competition.
According to the company’s consolidated financial statements for the year ended March 31, net revenue from ride-hailing collapsed 89% to $88 crore from $807 crore in FY24. The drop is striking given that gross revenue from ride commissions remained flat at $2,604 crore during the year, pointing to a widening gap driven entirely
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Financial Express Mumbai
IBBI draft norms aim to fix gaps in resolution process
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2 mins
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Financial Express Mumbai
Number of complaints in MF industry drops 40%
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1 mins
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Financial Express Mumbai
Stable Money raises $25 mn in Pre-series C funding round
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1 min
February 18, 2026
Financial Express Mumbai
Consumer firms gear up for summer, stay cautious
WHILE AN EARLY summer is good news for makers of consumer durables and staples, companies this time around are a tad cautious after the monsoon played spoilsport last year.
2 mins
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Financial Express Mumbai
PV sales growth to ease 4-6%: Icra
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1 min
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Financial Express Mumbai
Poll-bound Assam tables ₹62,294-cr interim budget
PRESENTING A ₹62,294.78 crore interim budget for the FY27 fiscal ahead of the Assembly elections, Assam Finance Minister Ajanta Neog on Tuesday said major flagship schemes giving direct cash benefits will continue in the years to come.
1 min
February 18, 2026
Financial Express Mumbai
Ola shares hit record low on week Q3, downgrades
SHARES OF OLA Electric slumped to a record low of ₹27.36 on the National Stock Exchange on Tuesday, sliding over 11% in the past two sessions after weak third-quarter results that saw the company’s net loss exceeded revenue.
1 mins
February 18, 2026
Financial Express Mumbai
Court rejects former Jaypee Infratech MD's bail plea
ADELHI COURT has dismissed the bail plea of former Jaypee Infratech managing director Manoj Gaur in a money-laundering case, underlining that the allegation against the accused is that of cheating and criminal breach of trust, involving scores of people.
1 min
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Financial Express Mumbai
From defence to tech, India & France give ties a boost
•H125 helicopter final assembly line inaugurated
2 mins
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Financial Express Mumbai
Adani plans $100-bn AI data centres
ADANI GROUP ON Tuesday announced a $100-billion investment to build renewable energy-powered, artificial intelligence-ready data centres by 2035, a move aimed at positioning India as a global AI hub.
1 mins
February 18, 2026
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