INFRASTRUCTURE
SpiceJet Narrows Losses Sequentially As Capacity Expansion Lifts Revenues
Low-cost carrier SpiceJet reported a standalone net loss of ₹269 crore for the December quarter of FY26, slipping from a profit of ₹25 crore in the year-ago period. However, the headline loss carries a significant sequential turnaround, with losses more than halving from ₹633 crore in the September quarter, signalling early traction from the airline’s […]
CW Bureau
·
Feb 13, 2026
BANKING & FINANCE
ESAF Bounces Back To Black On Asset Quality Improvement
Returning to profitability, ESAF Small Finance Bank, a leading scheduled commercial bank headquartered in Thrissur on January 30, reported a net profit of ₹7 crore for Q3 FY26, as against a loss of ₹211 crore in the same quarter last year. Total business stood at ₹44,686 crore, registering a year-on-year growth of 10%. While gross […]
CW Bureau
·
Jan 30, 2026
AUTO
Ola Electric To Cut 5% Workforce Amid Turnaround Push
Ola Electric has announced that it will lay off around 5% of its workforce as part of a broader restructuring exercise aimed at improving efficiency, automating operations and accelerating its turnaround, even as the company grapples with weakening e-scooter sales and mounting competitive pressure in India’s electric two-wheeler market. The SoftBank-backed electric vehicle maker said […]
Sajan C Kumar
·
Jan 30, 2026
