Brainbees Solutions, owner of FirstCry, reported a narrower net loss of Rs 57 crore for the quarter ended June 30, 2024, compared to Rs 90 crore a year ago. Revenue rose 17% to Rs 1,652 crore, while EBITDA saw a significant 106% increase. Annual unique transacting customers grew by 15%, and the company expanded its offline presence.
LIC won’t sell stake in NSE IPO OFS, betting on exchange’s long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The