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Founded in 2016, Wakefit initially focused on sleep-related products such as mattresses, pillows, and bed frames before expanding to a broader home portfolio including sofas, dining sets, wardrobes, study tables, and bookshelves.
The Gurugram-based company reported revenue from operations of Rs 356.75 crore in the first quarter of FY27, up from Rs 316.05 crore a year earlier. Profit after tax rose to Rs 34.24 crore, compared with Rs 18.94 crore in the corresponding quarter last year, while gross transaction value (GTV) increased 19% on-year to Rs 5,524.33…
Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency…
“We have begun FY27, the second year of our five-year plan—on a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging early signal,” said Satish Mehta, Managing Director and CEO Emcure Pharmaceuticals.
Dabur says it has submitted a revised response to the USFDA outlining corrective measures to resolve the issues identified during the inspection.
Rollins Inc stock hits 52-week low at 36.58 USD
Consumers Energy declares quarterly preferred stock dividend
Braveheart Bio shares surge 68% in New York trading debut
Collegium Pharmaceutical stock hits 52-week low at 30.11 USD