M-League's FY24 revenue surges 22% to $130 mn; achieves break-even with an Adjusted EBITDA of $0.2mn

IANS | October 22, 2024 4:32 PM

Bengaluru, Oct 22 (IANS) M-League, India’s leading gaming conglomerate, has announced its financial results for FY24, reporting a 22% rise in total income to $130 million. The company has also achieved break-even with an Adjusted EBITDA of $0.2 million. This growth is despite M-League absorbing headwinds associated with higher GST rates in its India operations. M-League’s portfolio includes Mobile Premier League (MPL) and GameDuell, the fastest-growing card and board game studio in Europe.

Luminous CEO stresses need for collective effort to increase women's role in economy

IANS | October 22, 2024 3:52 PM

New Delhi, Oct 22 (IANS) Preeti Bajaj, CEO and MD of Luminous Power Technologies, emphasised the need for the collective role of the government, industry, and citizens in increasing women's participation in the economy to 50 per cent, a crucial step for India to achieve its goal of becoming the third-largest economy in the world.

Muthoot FinCorp ONE is now all-in-one financial suite

IANS | October 22, 2024 3:37 PM

New Delhi, Oct 22 (IANS) Muthoot FinCorp ONE, the all-in-one digital platform from Muthoot FinCorp Ltd., is revolutionising financial management by seamlessly integrating lending, investments, savings, insurance and payments into its one customer-friendly platform, Muthoot FinCorp Ltd said on Tuesday.

India's digital revolution key reason for our existence: Groww CEO

IANS | October 22, 2024 2:57 PM

New Delhi, Oct 22 (IANS) Praising the digital initiatives of the government, Lalit Keshre, co-founder and CEO of online brokerage firm Groww, said that the digital revolution has brought about a big change in the country which is the key reason for their existence.

Paytm reports Rs 930 crore net profit after one-time gain, stock down over 4 pc

IANS | October 22, 2024 2:49 PM

New Delhi, Oct 22 (IANS) The shares of One 97 Communications Ltd (parent company of Paytm) slumped over 4 per cent on Tuesday after the fintech platform posted a net profit of Rs 930 crore in the July-September quarter (Q2) of FY25 (due to one-time gain), against a loss of Rs 292 crore in the year-ago period.