Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
IPO-Bound Aye Finance’s Q1 Profit Halves To INR 31 Cr
IPO-bound Aye Finance's Q1 profit has halved to ₹31 crore. The decline in profitability is a notable development for the micro-lending firm as it prepares for its initial public offering. This financial result could impact investor sentiment and the company’s valuation during the IPO process. The financial report indicates potential challenges in the company's operational efficiency or market conditions.