Kingfisher Airlines posts Q1 losses of Rs.651 crore
August 11th, 2012 - 4:44 pm ICT by IANS
Mumbai, Aug 11 (IANS) Cash-strapped Kingfisher Airlines Saturday reported a net loss of Rs.650.78 crore for the quarter ended June 30, 2012 from a loss of Rs.1,151 crore in the ... Read more...
Posted in Business |
Hero MotoCorp first quarter net profit grows by 10.2 percent
July 19th, 2012 - 7:04 pm ICT by IANS
New Delhi, July 19 (IANS) Two-wheeler maker Hero MotoCorp Thursday reported a 10.2 percent rise in net profit for the first quarter of the current fiscal which stood at Rs.615.46 ... Read more...
Posted in Business |
Hero MotoCorp’s fourth quarter net up 20 percent
May 2nd, 2012 - 6:22 pm ICT by IANS
New Delhi/Mumbai, May 2 (IANS) Hero MotoCorp, the world's largest two-wheeler maker, Wednesday reported a 20.33 percent rise in net profit for the fourth quarter of fiscal 2011-12 at Rs.603.59 ... Read more...
Posted in Business |
Committee to decide whether Chennai port will handle coal
April 12th, 2012 - 7:52 pm ICT by IANS
Chennai, April 12 (IANS) An expert committee set up by the Supreme Court is studying whether the Chennai Port Trust should be allowed to handle bulk cargoes of coal and ... Read more...
Posted in Business |
Reliance Infra quarterly operating income rises 66 percent
February 14th, 2012 - 8:29 pm ICT by IANS
Mumbai, Feb 14 (IANS) Reliance Infrastructure Tuesday posted a 66 percent rise in operating income at Rs.6,130 crore for the quarter ended Dec 31 against Rs.3,686 crore during the like ... Read more...
Posted in Business |
CESC’s Q3 net profit down 33 percent
February 13th, 2012 - 6:42 pm ICT by IANS
Kolkata, Feb 13 (IANS) Power utility CESC Limited, an RP-Sanjiv Goenka Group company, Monday reported a 32.73 percent dip in its net profit for the quarter ended Dec 31, 2011, ... Read more...
Posted in Business |
Coca Cola quarterly volume in India grows 20 percent
February 8th, 2012 - 12:36 am ICT by IANS
New Delhi, Feb 7 (IANS) Global beverages giant Coca Cola posted 20 percent growth in volume for the quarter ended Dec 31 in India, driven by the Diwali festival, while ... Read more...
Posted in Business |
Australia’s ANZ Banking Group posts $5.5 bn profit
November 3rd, 2011 - 4:02 pm ICT by IANS
Sydney, Nov 3 (IANS) ANZ Banking Group, one of the big four banks in Australia, Thursday posted a 19 percent rise in full-year net profit to 5.36 billion Australian dollars ... Read more...
Posted in Business |
Reliance Infra quarterly net profit rises 8 percent
August 11th, 2011 - 4:09 pm ICT by IANS
Mumbai, Aug 11 (IANS) Reliance Infra, part of the Anil Dhirubhai Ambani Group (ADAG), Thursday reported an 8 percent rise in net profit for the quarter ended June 30 at ... Read more...
Posted in Uncategorized |
Bajaj Auto net profit rises 21 percent in June quarter
July 14th, 2011 - 2:38 pm ICT by IANS
Mumbai, July 14 (IANS) Two-wheeler and commercial vehicle major Bajaj Auto Thursday reported a 21 percent rise in its net profit at Rs.711 crore for the quarter ended June ... Read more...
Posted in Business |
Lanco Infratech net profit plunges 2.72 percent during FY2010
May 30th, 2011 - 2:53 pm ICT by IANS
Mumbai, May 30 (IANS) Infrastructure firm Lanco Infratech Monday reported a 2.72 percent decrease in its consolidated net profit for the fiscal ended March 31 at Rs.446.07 crore as against ... Read more...
Posted in Business |
Sony announces $3.1 billion annual loss
May 27th, 2011 - 1:06 am ICT by BNO News
TOKYO, JAPAN (BNO NEWS) -- Sony, the Japanese electronics giant, on Thursday announced a $3.1 billion annual loss as of March 31. This was the third year in a row that the ... Read more...
Posted in Technology Industry News |
Canara Bank net up 79 percent in fourth quarter
May 5th, 2011 - 7:12 pm ICT by IANS
Bangalore, May 5 (IANS) Leading state-run Canara Bank posted net profit of Rs.899 crore for the fourth quarter (January-March) of fiscal 2010-11, registering a whopping 79 percent year-on-year (YoY) growth.For ... Read more...
Posted in Business |
Arcelor-Mittal signs $6 bn credit facility agreement
March 22nd, 2011 - 6:43 pm ICT by IANS
New Delhi, March 22 (IANS) World's leading steel producer Arcelor-Mittal Tuesday said it has signed a new five-year credit agreement with leading international banks worth $6 billion, which would replace ... Read more...
Posted in Uncategorized |
ONGC Q3 net profit doubles to Rs.7,083 crore
January 28th, 2011 - 7:58 pm ICT by IANS
Mumbai, Jan 28 (IANS) State-owned Oil and Natural Gas Corporation (ONGC) Friday reported a 5.87 percent rise in net profit for the third quarter ended Dec 31 at Rs.7,083 crore as against ... Read more...
Posted in Business |
Tata Coffee net profit zooms 79 percent in third quarter
January 25th, 2011 - 9:12 pm ICT by IANS
Bangalore, Jan 25 (IANS) Tata Coffee Ltd Tuesday reported a net profit of Rs.25 crore for the third quarter (Oct-Dec) of the 2010-11 fiscal as against Rs.14 crore in the ... Read more...
Posted in Business |
Walmart profit rises 2.6 percent during third quarter
November 17th, 2010 - 12:50 am ICT by BNO News
BENTONVILLE, ARKANSAS (BNO NEWS) -- Walmart Inc. on Tuesday announced its results for the third quarter of 2011 which reflect a 2.6 percent increase in its net sales and a 9.3 percent ... Read more...
Posted in Business |
Reliance Infrastructure net profit up 11 percent
November 12th, 2010 - 8:57 pm ICT by IANS
Mumbai, Nov 12 (IANS) Leading utility and infrastructure development firm Reliance Infrastructure, part of the Anil Dhirubhai Ambani group, Friday reported a 11 percent increase in net profit for the second quarter ... Read more...
Posted in Business |
Disney’s Earnings Declined Significantly This Fiscal Year
November 12th, 2010 - 8:37 pm ICT by GD
By Meena Kar
Nov 12, (THAINDIAN NEWS) Disney is going through a hard time right now as it's income and market share had a sudden decline as per their earning report, which has ... Read more...
Posted in Business |
Hero Honda’s second quarter profit down 15.32 percent
October 29th, 2010 - 8:39 pm ICT by IANS
New Delhi, Oct 29 (IANS) Two wheeler giant Hero Honda Friday reported a 15.32 percent decline in net profit for the second quarter at 505.60 crore as against Rs.597.14 crore in the ... Read more...
Posted in Business |
Coca Cola India posts 17th consecutive quarterly growth
October 19th, 2010 - 8:46 pm ICT by IANS
New Delhi, Oct 19 (IANS) Global beverages giant Coca Cola posted strong quarterly growth for the quarter ended Sep 30 in India despite a rather lengthy rainy season.Beverage sales are typically lower ... Read more...
Posted in Business |
Virgin America reports record-setting performance for second quarter 2010
September 10th, 2010 - 10:55 pm ICT by BNO News
SAN FRANCISCO, CALIFORNIA (BNO NEWS) – Virgin America on Friday announced its financial results for the second quarter 2010 in which the air carrier reported a record-setting performance.The airline reported revenues of ... Read more...
Posted in Business |
Ericsson reports drop in second-quarter sales
July 23rd, 2010 - 3:50 pm ICT by IANS
Stockholm, July 23 (DPA) Swedish telecommunications giant Ericsson Friday reported lower second-quarter sales and operating income due in part to "continued industry component shortages" and cautious investments from operators in some markets.
Net ... Read more...
Posted in Business |
Google posts higher revenue than in 2009
July 16th, 2010 - 6:36 am ICT by IANS
San Francisco, July 16 (DPA) Online search giant Google posted sharply higher revenue and profits Thursday compared to the same period last year and said it experienced strong growth in emerging businesses ... Read more...
Posted in Business |
Aussies running network of love hotels in Japan
June 23rd, 2010 - 6:17 pm ICT by ANI
Melbourne, June 23 (ANI): A former head of Tourism Australia in Asia has revealed that he has been running a network of love hotels in Japan.According to the Australian, Greig McAllan, has ... Read more...
Posted in World |
Reliance ADAG’s 3 firms post PAT growth in 2009-10
May 15th, 2010 - 7:57 pm ICT by IANS
New Delhi, May 15 (IANS) Three companies of the Reliance Anil Dhirubhai Ambani Group (ADAG) Saturday announced their annual results for the 2009-10 financial year, each of them reporting a growth in ... Read more...
Posted in Business |
Suzuki profits up for full year
May 10th, 2010 - 4:51 pm ICT by IANS
Tokyo, May 10 (DPA) Japan's Suzuki Motor Corp said Monday its fourth-quarter net profit almost doubled year-on-year, as the carmaker profited from consumers switching to smaller cars.
Suzuki, Japan's forth-biggest carmaker, is ... Read more...
Posted in Business |
Man U rated most valuable football club in world by Forbes
April 22nd, 2010 - 1:21 pm ICT by ANI
London, Apr 22 (ANI): Manchester United has been named as the most valuable football club in the world with a price tag of 1.2 billion pounds, according to the latest Forbes ... Read more...
Posted in Sports |
Amazon.com’s fourth quarter sales surge 42 percent
January 29th, 2010 - 3:25 pm ICT by BNO News
SEATTLE (BNO NEWS) -- Amazon.com, Inc. on Thursday announced its fourth quarter sales were up 42 percent while fourth-quarter earnings surged 70 percent thanks to strong holiday sales of media products and ... Read more...
Posted in Business, Technology Industry News |
East India Hotels net loss at Rs.9.65 cr
October 28th, 2009 - 7:40 pm ICT by IANS
Mumbai, Oct 28 (IANS) East India Hotels (EIH), the flagship company of hospitality major Oberoi group, Wednesday said it made a net loss of Rs.9.65 crore for the quarter ended Sep 30 ... Read more...
Posted in Business |
Amazon third quarter results announced, shares up 20%
October 23rd, 2009 - 8:38 pm ICT by Aishwarya Bhatt
Seattle, Oct 23 (THAINDIAN NEWS) Amazon.com Inc. today announced financial results for its third quarter ending on September 30, 2009. As a result of Amazon’s favorable 3rd quarter results, its shares ... Read more...
Posted in Business |
Microsoft reports first quarter results, shares up 10.30%
October 23rd, 2009 - 8:35 pm ICT by Aishwarya Bhatt
Redmond, Oct 23 (THAINDIAN NEWS) Microsoft shares went up 10.30% today after it announced first quarter results ending on Sept. 30, 2009.In the quarterly results, Microsoft had a 14% decline, over ... Read more...
Posted in Business |
Paradip Port handles record traffic despite downturn
April 25th, 2009 - 4:13 pm ICT by IANS
Bhubaneswar, April 25 (IANS) Despite the global economic slowdown, the Paradip Port in Orissa has handled an all-time record traffic of 46.41 million tonnes in 2008-09, posting a growth of 9.36 percent ... Read more...
Posted in Business |
Apple fires 1,600 from retail stores
April 25th, 2009 - 1:39 am ICT by IANS
San Francisco, April 25 (DPA) Apple has fired some 1,600 employees from its chain of retail stores due to slackening consumer demand, the Wall Street Journal reported Friday.
The job cuts were referenced ... Read more...
Posted in Business |
The strive of FASB to boost bank profit
April 3rd, 2009 - 1:31 am ICT by GD
The chairman of FASB reported how the agency reached out to analysts, accountants, mutual funds and officials of the rating agencies before the introducing this new guidance. All these agents readily approved ... Read more...
Posted in Business |