nrc

One 97 Communications, which operates the Paytm brand, said on Friday that its consolidated quarterly loss fell 44.4% from a year earlier, to Rs 358.4 crore, for the quarter ending June 30.It had reported a quarterly loss of Rs 645.4 crore, for the same period, last year.On a sequential basis, losses for the firm more than doubled from Rs 167.5 crore for the quarter ending March 31.Revenue from operations for the payments major stood at Rs 2,341.6 crore for the June quarter, a 39.4% increase on year. Operational revenue…

Several American startups are working on building a new generation of small reactors that could push nuclear energy into a new phase, with support from the US government.During a recent hearing before the House Appropriations Committee, US Secretary of Energy Jennifer Granholm restated the "importance of nuclear energy" for the current administration regarding America's power supply.But despite the Biden administration's stated support for nuclear power, there are no new projects underway for any traditional nuclear…

Rajesh Gopinathan, the outgoing CEO of TCS, said he would “continue to have a great relationship” with Tata Sons Chairman N Chandrasekaran, irrespective of whether “I am with the group or outside of it”, in an emphatic dismissal of all speculation surrounding his unexpected resignation on Thursday. In a candid interview with Surabhi Agarwal & Kala Vijayraghavan, the 52- year-old said, “There is no better time to quit than now”. He is yet to decide on his next course of action and said it could include a range of…