Mumbai, May 4 (IANS) Electric two-wheeler maker Ather Energy on Monday reported a sequential increase in its net loss for the fourth quarter of FY26, even as the company posted strong revenue growth and improved year-on-year performance.The company’s net loss widened to Rs 100.23 crore in the January–March quarter (Q4 FY26), compared to Rs 84.64 crore in the preceding December quarter (Q3 FY26), according to its stock exchange filing.However, on a yearly basis, the loss narrowed significantl…
Latest Expansion News & Updates
Los Angeles, March 17 (IANS) The National Basketball Association (NBA) is reportedly set to take a significant step toward expansion, with team owners expected to vote next week on whether the league should formally explore adding two new franchises.”It’s not a secret, we’re looking at this market in Las Vegas. We are looking at Seattle,” NBA Commissioner Adam Silver told the press last December. Since then, expansion has remained a focal topic, with multiple local media outlets reporting that t…
Bhubaneswar, Jan 19 (IANS) Prime Minister Narendra Modi’s vision of ‘Viksit Bharat 2047’ places strong emphasis on infrastructure development, overall economic growth, and achieving net-zero emissions as key priorities, NALCO’s CMD Brijendra Pratap Singh said on Monday, adding that in alignment with this vision, “we are planning an expansion of 0.5 million tonnes and are also exploring the adoption of green power”.The chief of Aluminium major NALCO told IANS here that as part of thei…
New Delhi, Jan 13 (IANS) Bengaluru-based cybersecurity firm CloudSEK on Tuesday announced that it has raised $10 million, or about Rs 90 crore, from Connecticut Innovations, the strategic venture capital arm of the US state of Connecticut. With this investment, CloudSEK has become the first Indian-origin cybersecurity company to receive backing from a US state-backed venture fund, marking a major milestone for the firm as well as for India’s cybersecurity ecosystem.The latest funding forms par…