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American cryptocurrency exchange Coinbase disclosed a major data breach on May 15 that cost the company up to $400 million, affected more than 69,000 customers. Known to be its biggest security failure to date, this incident occurred after hackers bribed customer service workers in India to leak sensitive data, according to a report by Fortune….
South India-focused The Ramco Cements Ltd had a tough March quarter (Q4FY25). Cement sales volume declined more than expected by around 4% year-on-year to 5.29 million tonnes. The region has seen an increased pace of consolidation lately, and elevated competition for market share gains has kept cement prices under pressure. In fact, according to Nomura…
Its management is looking to achieve standalone volume growth of mid-to-high single digits in FY26. Consolidated revenue and Ebitda (earnings before interest, taxes, depreciation, and amortisation) growth is seen in the high single digits and double digits, respectively. In the March quarter (Q4FY25), consolidated organic volumes grew 6% year-on-year, driven by 4% growth in India…