BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net loss stood at Rs 1,511 crore for the year, compared with Rs 89 crore a year earlier. Net margin slipped to negative 38.8%, versus -2.3% in FY24.
Metals melt as West Asia war rages on
MUMBAI: The accepted wisdom, for years, was that global uncertainties and inflation would drive the prices of precious metals northward. The war in West Asia is challenging that direction of…