operating expenses

Nokia to reduce worldwide workforce by 4,000


April 27th, 2011 - 11:37 pm ICT by BNO News
ESPOO, FINLAND (BNO NEWS) -- Nokia on Wednesday announced that the company will reduce its worldwide workforce by 4,000 as part of a strategy to reduce operating expenses.The mobile phone manufacturer will ... Read more...

Posted in Technology Industry News |

CNG gets dearer by 30 paisa in Delhi


April 2nd, 2011 - 7:49 pm ICT by IANS
New Delhi, April 2 (IANS) Compressed natural gas (CNG) will be slightly more expensive in Delhi as its rate is being hiked by 30 paisa per kilogram from midnight Saturday ... Read more...

Posted in Uncategorized |

RealNetworks CEO Kimball suddenly resigns


March 29th, 2011 - 1:34 pm ICT by BNO News
SEATTLE (BNO NEWS) -- The president and chief executive officer of RealNetworks, the company best known for developing RealPlayer, suddenly resigned on Monday as the organization is in the midst of restructuring.Robert ... Read more...

Posted in Technology Industry News |

Railways’ earnings to grow 8.8 percent in 2010-11


March 11th, 2011 - 11:05 pm ICT by IANS
New Delhi, March 11 (IANS) Indian Railways' earnings are expected to grow by 8.8 percent in 2010-11 while the operating expenses have increased marginally to Rs.67,000 crore in the Revised ... Read more...

Posted in Business |

CNG gets dearer, to cost Rs.29 per kg


January 1st, 2011 - 11:42 pm ICT by IANS
New Delhi, Jan 1 (IANS) Delhi will have to pay more for Compressed Natural Gas (CNG) as the rates of the fuel have been revised upward to Rs.29 per kg in the ... Read more...

Posted in Business |

Pfizer to acquire King Pharmaceuticals for $3.6 billion in cash


October 12th, 2010 - 8:26 pm ICT by BNO News
NEW YORK (BNO NEWS) -- Pfizer and King Pharmaceuticals on Tuesday announced that they have entered into a definitive merger agreement in which Pfizer will acquire King for $3.6 billion in cash, ... Read more...

Posted in Business |

Despite Fiscal Loss Harry And David Promises To Expand


September 18th, 2010 - 7:19 pm ICT by GD
By Madhuri Dey Medford, Sep 18, (THAINDIAN NEWS) The famous Medford based gourmet gift chain Harry And David on Friday announced its financial results for the fourth quarter of 2010 that ended on ... Read more...

Posted in Business |

HDFC’s first quarter net profit up 33.9 percent


July 19th, 2010 - 7:41 pm ICT by IANS
New Delhi, July 19 (IANS) India's second largest private lender HDFC Bank Monday reported a 33.9 percent rise in net profit at Rs. 811.7 crore for the first quarter of this fiscal ... Read more...

Posted in Business |

Prasar Bharati headed for financial restructuring: Soni


May 3rd, 2010 - 8:32 pm ICT by IANS
New Delhi, May 3 (IANS) The government has cleared the way for financial restructuring of Prasar Bharati to make it more self-reliant, Information and Broadcasting Minister Ambika Soni said Monday. The ... Read more...

Posted in Uncategorized |

Air China net profit up 155 percent in 2009


April 23rd, 2010 - 4:39 am ICT by IANS
Beijing, April 23 (IANS) Air China's net profit jumped 155 percent to five billion yuan ($736 million) last year due to lower fuel costs and higher passenger volumes, Xinhua reported. In 2008, the ... Read more...

Posted in Business |

Infosys Australia posts solid year


April 15th, 2010 - 1:03 pm ICT by ANI
Sydney, Apr 15(ANI): Infosys Australia has ended the financial year on a high note with 150.4 million dollars in revenue, for the year ending March 31, up 31.39 million dollars over 2009.However, ... Read more...

Posted in Business |

The U.S. Senate enacts the jobless claims bill


March 11th, 2010 - 9:44 pm ICT by Pen Men At Work
Mar 11 (Pen Men at Work): The American Senate on Wednesday permitted an across-the-board bill that would drive back the cut-off date to file for extensive joblessness insurance until the end ... Read more...

Posted in Politics |

Canara Bank net profit up 72 percent in second quarter


October 26th, 2009 - 6:10 pm ICT by IANS
Bangalore, Oct 26 (IANS) State-run Canara Bank posted a net profit of Rs.910 crore for the second quarter this fiscal, registering a whopping 72 percent growth over the like period last fiscal ... Read more...

Posted in Business |

Nokia Siemens wins contract from Unitech wireless


October 12th, 2009 - 7:32 pm ICT by IANS
New Delhi, Oct 12 (IANS) Nokia Siemens Networks has bagged a contract to roll out GSM network for telecom service provider Unitech Wireless in six circles, it was announced Monday. As part ... Read more...

Posted in Business |

IBM India inks pact with Mexican multiplex


September 24th, 2009 - 3:15 pm ICT by IANS
New Delhi, Sep 24 (IANS) IBM India has signed a three-year IT services agreement with Morelia, Mexico-based multiplex operator Cinepolis. "The deal, inked in August 2009, will involve IBM deploying, managing ... Read more...

Posted in Entertainment |

Panama Canal forecasts over $2 bn revenue in 2010


August 27th, 2009 - 12:19 pm ICT by IANS
Panama Canal, Aug 27 (EFE) The Panama Canal Authority forecasts revenues of $2.02 billion for the 2009-2010 fiscal, according to the budget bill approved by the government. The accounting figures presented for the ... Read more...

Posted in Business |

Citigroup records profit, breaking six quarter slump


July 17th, 2009 - 8:46 pm ICT by IANS
New York, July 17 (DPA) The sale of its controlling stake in a brokerage helped Citigroup Friday to surprise analysts and announce $4.3 billion of net income in the second quarter of ... Read more...

Posted in Business |

Indraprastha Gas Limited raises CNG prices by Rs 2.10 in New Delhi


June 16th, 2009 - 6:41 pm ICT by ANI
New Delhi, June 16(ANI): Indraprastha Gas Limited (IGL), the sole CNG (Compressed Natural Gas) supplier in the national capital, has raised the CNG price by Rs 2.10.IGL was selling CNG at Rs ... Read more...

Posted in National |

6,100 jobs to be laid off by HSBC


March 3rd, 2009 - 3:54 pm ICT by Amrit Rashmisrisethi
Europe's largest bank by market value HSBC, said on Monday it will raise US$17.7 billion by issuing shares after reporting a 70 per cent drop in profits in 2008, when the financial ... Read more...

Posted in Business |

In a first, Pakistan’s parliament to debate defence budget (Lead)


June 17th, 2008 - 9:21 pm ICT by IANS
By Muhammad Najeeb Islamabad, June 17 (IANS) For the first time in Pakistan's history, its defence budget will be debated in Parliament. The upper house of the Pakistan parliament will take it up ... Read more...

Posted in South Asia |

Pakistan’s Senate to debate defence budget


June 17th, 2008 - 5:15 pm ICT by IANS
By Muhammad Najeeb Islamabad, June 17 (IANS) For the first time in Pakistan's history its defence budget was presented in the upper house of parliament Tuesday. It is expected to be taken up ... Read more...

Posted in Uncategorized |

Pak defence budget raised by 7.6 pc


June 12th, 2008 - 1:04 pm ICT by ANI
Islamabad, June 12 (ANI): Pakistans Defence Budget has been increased by 7.6 per cent, from Rs 275 billion in 2007-08 to Rs 296 billion for the 2008-09 fiscal.According to the countrys ... Read more...

Posted in Health Science |

Verizon Wireless to buy Alltel


June 7th, 2008 - 12:46 am ICT by Amrit Rashmisrisethi
Verizon would buy rural mobile phone service provider Alltel Corp for $28.1 billion.The shares of Verizon Communications Inc, which owns 55 percent of Verizon Wireless, rose 6 percent after it said the ... Read more...

Posted in Business, Sci-Tech, Technology Industry News, World, World News |

Sundram Fasteners posts lower profit for 2007-08


June 6th, 2008 - 7:46 pm ICT by IANS
Chennai, June 6 (IANS) In spite of gaining Rs.131.5 million ($3.1 million) owing to foreign exchange fluctuations, auto component manufacturer Sundram Fasteners Ltd (SFL) has posted a lower net profit of Rs.694.8 ... Read more...

Posted in Business |

Technology - Verizon Wireless to buy Alltel


June 6th, 2008 - 3:49 pm ICT by Amrit Rashmisrisethi
Verizon would buy rural mobile phone service provider Alltel Corp for $28.1 billion.The shares of Verizon Communications Inc, which owns 55 percent of Verizon Wireless, rose 6 percent after it said the ... Read more...

Posted in Business, World, World News |

RCom signs JV deal with Alcatel-Lucent


May 13th, 2008 - 1:05 am ICT by admin
Mumbai, May 12 (IANS) Reliance Communications Ltd (RCom), part of the Anil Dhirubhai Ambani Group (ADAG), has entered into a joint venture with global telecom infrastructure provider Alcatel-Lucent to offer managed network ... Read more...

Posted in Business |

World’s First 30 Storied Vertical Farm to be build in Las Vegas


January 6th, 2008 - 2:47 pm ICT by admin
Washington, Jan 6 (ANI): The world is all set to see its very first vertical farm consisting of 30 stories, which is going to be developed in Las Vegas, US.According to ... Read more...

Posted in Health Science |

Subscribe