The e-pharmacy sector is in the early growth stage and faces significant operating losses due to high initial investments in technology, large inventory and supply chain inefficiencies.
New Delhi [India], June 19 (ANI): Crisil has downgraded the rating on long-term bank facilities of state-owned engineering major Bharat Heavy Electricals Ltd (BHEL) from AA/negative to AA-minus/negative.
Mumbai (Maharashtra) [India], May 3 (ANI): Multiplexes are set to log operating losses for the second straight fiscal as localised lockdowns, night curfews and other restrictions to contain the resurgence of Covid-19 infections will keep occupancies low for the next few months, according to
Seoul [South Korea], March 19 (ANI/Global Economic): Fast-fashion brand FRL Korea Co Ltd, which operates clothing retailer Uniqlo in South Korea, failed once again to get out of sales slump last year. Uniqlo's sales decreased by more than 40% and operating loss increased nearly sevenfold.
New Delhi [India], September 28 (ANI): Taj GVK Hotels and Resorts said on Monday that ICRA has downgraded its long-term loans totalling Rs 166 crore to A-minus from A and short-term credit facilities worth Rs 30 crore to A2-plus from A1.
New Delhi [India], July 2 (ANI): GE T&D India Ltd on Thursday reported 26 per cent fall in its sales revenue in the quarter ended March at Rs 660 crore as compared to Rs 890 crore in Q4 FY19.