Latest news with #Indianrupees
Reuters
3 days ago
- Business
- Reuters
India's Milky Mist files draft papers for $236 million IPO
July 21 (Reuters) - Milky Mist has filed for a 20.35 billion rupees ($235.94 million) initial public offering, comprising a fresh issue of shares up to 17.85 billion rupees and existing offer-for-sale of 2.5 billion rupees, draft papers showed on Monday. ($1 = 86.2490 Indian rupees)
Reuters
4 days ago
- Business
- Reuters
India's Eternal reports 90% slump in first-quarter profit as quick commerce expenses rise
July 21 (Reuters) - Indian online delivery firm Eternal ( opens new tab posted a 90% drop in first-quarter profit on Monday, weighed by higher costs at its quick-commerce arm Blinkit, which delivers everything from groceries to electronics in under 10 minutes. Consolidated net profit fell to 250 million rupees ($2.90 million) for the three months ended June 30, the food and grocery delivery firm said. ($1 = 86.2775 Indian rupees)
