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financial sustainability News

British Steel Faces Tough Decisions: Potential Closure of Two Furnaces Puts 2,500 Jobs at Risk

Michael Lee 27 Mar, 2025

British Steel Limited, owned by Jingye Group, may shut down two blast furnaces in Scunthorpe due to financial unsustainability, risking 2,500 jobs. Despite over £1.2 billion in inv...

Business

Practo Achieves 22% Revenue Growth in FY24, Surpassing Rs 3,500 Crore GMV Milestone

Ryan Peterson 10 Jan, 2025

Practo reports a 22% revenue growth in FY24, achieving a GMV of Rs 3,500 crore. The health-tech platform narrows losses and celebrates its first profitable quarter, focusing on exp...