Electric vehicle (EV) maker Ather Energy on Monday reported a net loss of Rs 234.40 crore in the fourth quarter of last financial year (FY25), widened by 18.5 per cent from Rs 197.8 crore net loss in Q3 (quarter-on-quarter).

Total expenses rose to Rs 922 crore in Q4, 8.7 per cent up on the quarterly basis and 12.6 per cent year-on-year.

The company's revenue from operations went up 29 per cent to Rs 676 crore in Q4, from Rs 523.4 crore in the year-ago period.

Meanwhile, the earnings before interest, taxes, depreciation and amortization (EBITDA) loss stood at Rs 172.50 crore, against a loss of Rs 238.50 crore from a year-ago period.

Multiplex operator PVR Inox on Monday reported a net loss of Rs 125.3 crore for the fourth quarter (Q4) of FY25, marking a sharp reversal from a profit of Rs 35.5 crore in the previous quarter (Q3).

The decline came on the back of a significant drop in revenue and overall income, as per the company’s stock exchange filing.

The multiplex operator’s revenue from operations fell by 27.3 per cent to Rs 1,249.8 crore in Q4, compared to Rs 1,717.3 crore in Q3.

“FY25 was a challenging year for the box office, primarily due to an inconsistent film release calendar and underwhelming content. This led to a 9 per cent drop in gross box office revenue for the company,” the company said in its exchange filing.

PVR Inox attributed the decline to a 14 per cent reduction in film releases, the lack of major star-driven blockbusters, and multiple postponements.

A report highlights how 60 per cent of the best banana growing areas globally are in danger from rising temperatures.

“Climate change has been killing our crops,” remarked Aurelia Pop Xo, a banana grower in Guatemala.

The report published on Monday by the international development charity Christian Aid said extreme weather, rising temperatures and climate-related pests pose a threat to banana producing regions, sparking calls for faster emission cuts and more support for farmers.

Currently, Latin America and the Caribbean are responsible for 80 per cent of banana exports which supply supermarkets around the world.

However, the report highlights 60 per cent of the most suitable banana growing areas in that region could be lost by 2080 due to rising temperatures and extreme weather.

Former Rajasthan Chief Minister Ashok Gehlot on Monday expressed deep concern over two recent tiger attacks in Ranthambore, Sawai Madhopur, which claimed the lives of a forest ranger and a child.

In a post on social media, Gehlot said, "The unfortunate death of Ranger Shri Devendra Chaudhary in a tiger attack at Ranthambore is both tragic and deeply concerning. I extend my heartfelt condolences to his family during this difficult time."

He further stated, "This incident raises serious safety concerns, especially in light of a similar tragedy on April 16, when a child lost his life in another tiger attack. I strongly urge the state government to take immediate and serious action. A thorough discussion with forest officials and wildlife experts is essential to ensure better safety measures for both frontline staff and the general public."

SK Telecom, South Korea's leading wireless service provider, said on Monday its first-quarter net profit edged down 0.1 per cent from a year earlier due to higher corporate taxes.

Net profit for the three months ended in March fell to 361.6 billion won ($258.3 million) from 361.9 billion won in the same period last year, the company said in a regulatory filing.

"Corporate taxes increased in the first quarter due to the expiration of special depreciation provisions," a company spokesperson said, reports news agency.

However, operating profit rose 13.8 percent to 567.4 billion won in the January-March period from 498.5 billion won a year ago, supported by solid revenue growth in its artificial intelligence businesses, including AI data centers (AIDC) and AI transformation (AIX), as well as its fixed-line segment.

In a strong response to Turkey and Azerbaijan for supporting Pakistan in the ongoing conflict, major travel companies have suspended all packages to these two countries.

The move follows both the countries’ extending public support for Pakistan during the ongoing conflict with India, especially after ‘Operation Sindoor’ which targeted terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK).

EaseMyTrip, Cox & Kings and Travomint have announced a complete halt on bookings to Turkey and Azerbaijan, aligning with national sentiment and reflecting growing concern over safety and diplomatic implications.

The decision marks a broader industry shift, where businesses are increasingly mindful of their international engagements and their impact on national interests.

US-based asset management firm Vanguard has sharply reduced the valuation of ride-hailing company Ola to $1.25 billion, according to its latest filing with the US Securities and Exchange Commission (SEC).

This marks a significant drop of over 80 per cent from Ola’s peak valuation of $7.3 billion in 2021.

Earlier in February 2024, Vanguard had valued the Bhavish Aggarwal-led company at $1.88 billion for the first time, later revising it slightly upward to around $2 billion in November last year.

The latest markdown comes as Ola continues to lose ground in India’s competitive ride-hailing market, even as it eyes a public listing.

Currently, Ola has slipped to third place in daily ride volumes, trailing behind Rapido and Uber.

Online food delivery platform Swiggy further slipped into deep losses at Rs 1,081 crore in the fourth quarter of last financial year (FY25), a whopping 95 per cent increase from Rs 554 crore net loss in the same quarter in FY24, its financials showed on Friday.

On an annual basis, Swiggy's losses widened by 35 per cent in FY25 -- from Rs 2,350 crore in FY24 to Rs 3,116 crore in FY25, according to the company's regulatory filing with the stock exchanges.

Consolidated adjusted EBITDA loss increased to Rs 732 crore (on-year) due to significant growth investments in Quick commerce, said the company.

Revenue was up at Rs 5,609 crore in the March quarter, from Rs 3,668 crore in Q4 of FY24.

Information technology (IT) sector in India is witnessing strong growth, with hiring activity increasing by 16 per cent year-on-year (YoY) in April 2025, a new report said on Friday.

A major driver behind this growth is the rapid expansion of Global Capability Centres (GCCs), which have created over 110,000 new tech jobs during the financial year 2024-25, according to data compiled by jobs platform foundit (formerly Monster APAC and ME).

This hiring boom comes despite an 11 per cent month-on-month dip in April, which the report attributes to seasonal trends.

Overall, the outlook remains positive, with consistent demand across experience levels and an increasing focus on specialised, future-ready skills.

According to V. Suresh, CEO of foundit,, the sector is entering a new phase of ‘strategic growth'. He emphasised that India is moving from quantity-based hiring to skill-based, innovation-led employment.

India’s warehousing sector recorded leasing of 16.7 million square feet in the January-March quarter, marking a significant 50 per cent year-on-year (YoY) increase, a report showed on Friday.

There was a strong performance in warehousing leasing across the top eight markets during Q1 2025, primarily driven by the manufacturing sector, which recorded a remarkable 94 per cent surge in leasing volumes, reaching 8 million sq ft in the first quarter, said the report by Knight Frank India.

Manufacturing companies accounted for 48 per cent of total warehousing demand, underscoring the sector’s continued momentum and long-term investment outlook.

E-commerce players also registered a notable resurgence, with a 151 per cent increase in space uptake — albeit from a lower base — indicating renewed expansion activity.