quarter profit

Exxon Mobil’s earnings fall


April 27th, 2012 - 2:07 pm ICT by IANS
Washington, April 27 (IANS) US oil giant Exxon Mobil said Thursday its earnings fell 11 percent in the first quarter of the year, due to lower oil-and-gas production and higher ... Read more...

Posted in Business |

Sensex ends 111 points up; TCS, Wipro surge (Lead)


April 24th, 2012 - 6:28 pm ICT by IANS
Mumbai, April 24 (IANS) A benchmark index for Indian equities markets closed 111 points higher Tuesday, led by an almost 12 percent surge in the share price of Tata ... Read more...

Posted in Business |

Sensex rises 100 points; TCS, Wipro surge


April 24th, 2012 - 2:22 pm ICT by IANS
Mumbai, April 24 (IANS) A benchmark index for Indian equities markets was trading 100 points higher in the afternoon session Tuesday, led by more than 12 percent surge in ... Read more...

Posted in Business |

US stocks end higher


January 26th, 2012 - 8:57 am ICT by IANS
New York, Jan 26 (IANS) US stocks rose Wednesday after the Federal Reserve said it will not raise interest rates until at least 2014, maintaining its accommodative stance to support ... Read more...

Posted in Business |

Amid tough times, Citibank to cut 4500 jobs


December 7th, 2011 - 11:03 am ICT by IANS
Washington, Dec 7 (IANS) US banking giant Citigroup, led by Indian-American Chief Executive Vikram Pandit, is set to lay off about 4,500 employees over the next few months to ... Read more...

Posted in Business |

Wal-Mart Q3 profit below estimates


November 16th, 2011 - 1:56 pm ICT by IANS
Washington, Nov 16 (IANS) Wal-Mart Stores Inc., the world's largest retailer, saw its third-quarter profit below analysts' estimates as it cut prices to boost sales.The company said Tuesday in a ... Read more...

Posted in Business |

Wall Street up on European hopes, bank rally


October 19th, 2011 - 5:56 am ICT by IANS
New York, Oct 19 (IANS) The US stocks ended sharply higher Tuesday amid strong performance in financial sector and news that European policymakers were planning a two-trillion-euro fund, Xinhua reported. The ... Read more...

Posted in Business |

Pandit’s Citi reports $3.8 bn profit


October 18th, 2011 - 11:20 am ICT by IANS
Washington, Oct 18 (IANS) As Citigroup announced a better-than-expected third-quarter profit of $3.8 billion, its Indian-American chief Executive Vikram Pandit emphasised the banking giant's position in emerging markets as a ... Read more...

Posted in Business |

Tata Steel’s first quarter profit jumps three-folds


August 12th, 2011 - 6:46 pm ICT by IANS
Mumbai, Aug 12 (IANS) One of the world's leading steel majors, Tata Steel Friday reported an almost three-fold rise in its net profit for the first quarter of the current ... Read more...

Posted in Business |

Power Grid’s third quarter profit up 21.18 percent


February 8th, 2011 - 7:00 pm ICT by IANS
Mumbai, Feb 8 (IANS) State-run electricity transmission company Power Grid Corporation of India Limited Tuesday reported a rise of 21.18 percent in its net profit for the third quarter of the current ... Read more...

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Bajaj Auto’s third quarter profit jumps 40 percent


January 19th, 2011 - 4:19 pm ICT by IANS
New Delhi, Jan 19 (IANS) Two-wheeler major Bajaj Auto Wednesday reported a 40 percent growth in its net profit for the third quarter of the current fiscal, which stood at Rs.667 crore ... Read more...

Posted in Business |

Sensex down 287 points, Nifty slips below 6,200-point mark (Lead)


November 11th, 2010 - 6:16 pm ICT by IANS
Mumbai, Nov 11 (IANS) Benchmark indices of Indian equities markets plunged Thursday on last-hour sell-off in oil and gas, realty and capital goods stocks.The benchmark index of the ... Read more...

Posted in Business |

Power Finance’s second quarter profit up 9.86 percent


November 10th, 2010 - 7:33 pm ICT by IANS
Mumbai, Nov 10 (IANS) Power Finance Corporation Limited Wednesday reported a 9.86 percent increase in its net profit for the second quarter of the current fiscal, which stood at Rs.7,008.3 million (over ... Read more...

Posted in Business |

Bharti Airtel profit plunges 26.5 percent


November 10th, 2010 - 5:09 pm ICT by IANS
New Delhi, Nov 10 (IANS) Bharti Airtel, the country's largest mobile-phone operator, said Wednesday that its second quarter profit plunged 26.5 percent because of decline in revenue as the company cut call ... Read more...

Posted in Business |

Tata Motors posts Rs.2,223 crore Q2 profit (Lead)


November 9th, 2010 - 10:00 pm ICT by IANS
Mumbai, Nov 9 (IANS) Tata Motors said Tuesday its second quarter profit increased to Rs.2,223 crore as compared to just Rs.22 crore in the same quarter last year, on higher sales and ... Read more...

Posted in Business |

Tata Motors posts Rs.2,223 crore profit


November 9th, 2010 - 9:20 pm ICT by IANS
Mumbai, Nov 9 (IANS) Tata Motors Tuesday said its second quarter profit increased to Rs.2,223 crore as compared to just Rs.22 crore in the same quarter last year, on higher sales and ... 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 |

NMDC second quarter profit jumps 78 percent


October 28th, 2010 - 6:40 pm ICT by IANS
New Delhi, Oct 28 (IANS) State-run National Mineral Development Corporation (NMDC) Thursday reported a 78.83 percent rise in net profit for the second quarter of the current fiscal."The company has posted a ... Read more...

Posted in Business |

Bosch Ltd second quarter profit rises 21.17 percent


October 26th, 2010 - 5:03 pm ICT by IANS
Mumbai, Oct 26 (IANS) Leading automotive and industrial technology provider Bosch's Indian subsidiary Tuesday reported an increase of 21.17 percent in its net profit for the second quarter of the current fiscal, ... Read more...

Posted in Business |

Crompton Greaves second quarter profit jumps 16.45 pc


October 26th, 2010 - 12:43 am ICT by IANS
New Delhi, Oct 25 (IANS) Engineering conglomerate Crompton Greaves Ltd Monday reported a 16.45 percent increase in its net profit for the second quarter which stood at Rs.158.49 crore as compared to ... Read more...

Posted in Business |

Hindustan Unilever’s second quarter profit up 32.10 percent


October 25th, 2010 - 4:59 pm ICT by IANS
New Delhi, Oct 25 (IANS) Leading fast moving consumer goods (FMCG) company Hindustan Unilever Monday reported a net profit of Rs.566.12 crore for the second quarter of the current fiscal, a growth ... Read more...

Posted in Business |

Petronet LNG’s second quarter profit up 8.65 percent


October 25th, 2010 - 3:49 pm ICT by IANS
Mumbai, Oct 25 (IANS) Petronet LNG Ltd Monday reported an increase of 8.65 percent in its net profit for the second quarter of the current fiscal that stood at Rs.131.12 crore as ... Read more...

Posted in Business |

LIC Housing Finance profit up 37 percent in Q2


October 14th, 2010 - 5:49 pm ICT by IANS
Mumbai, Oct 14 (IANS) LIC Housing Finance, an arm of Life Insurance Corporation of India, Thursday reported a 36.76 percent increase its second quarter profit.The company posted a net profit after ... Read more...

Posted in Business |

Axis Bank Q2 profit rises 38 percent to Rs.735.14 crore


October 14th, 2010 - 5:05 pm ICT by IANS
Mumbai, Oct 14 (IANS) Private lender Axis Bank said Thursday its second quarter profit jumped 38.27 percent to Rs.735.14 crore on higher interest revenues.The bank posted a net profit of Rs.735.14 ... Read more...

Posted in Business |

Economic recovery in N.America slipping: Bank


September 3rd, 2010 - 1:37 pm ICT by IANS
By Gurmukh Singh Toronto, Sep 3 (IANS) Despite reports from the US Thursday that initial jobless claims fell to 472,000 last week and pending home resales were up 5.2 per cent in July, ... Read more...

Posted in Business |

Arun Sawhney to replace Atul Sobti as Ranbaxy CEO


August 13th, 2010 - 1:34 pm ICT by ANI
New Delhi, Aug 13 (ANI): Ranbaxy Laboratories Ltd's Managing Director and Chief Executive Officer Atul Sobti will step down from his positions effective August 19.Arun Sawhney, who is currently president of Ranbaxy's ... Read more...

Posted in Business |

Reliance Capital Q1 profit dips 49 percent


August 9th, 2010 - 8:21 pm ICT by IANS
Mumbai, Aug 9 (IANS) Anil Ambani-led Reliance Capital said Monday its first quarter profit dipped 49 percent mainly because of Rs.39 crore loss in its insurance business and lower capital gains. The ... Read more...

Posted in Business |

Samsung Electronics posts record second-quarter profit


July 30th, 2010 - 3:01 pm ICT by IANS
Seoul, July 30 (DPA) South Korean electronics giant Samsung Electronics Co Friday posted a record 83 percent net profit rise for the second quarter, boosted by strong demand for chips and flatscreen ... Read more...

Posted in Business |

Oracle profit up 25 percent, boosted by Sun takeover


June 25th, 2010 - 11:07 am ICT by IANS
Washington, June 25 (DPA) Oracle Corp, the world's second-largest software maker, reported its fourth-quarter profit was up 25 percent over the same period of 2009 at $2.36 billion.The figures announced Thursday by the ... Read more...

Posted in Business |

Sensex trims losses, ends 74 points down (Roundup)


May 21st, 2010 - 7:36 pm ICT by IANS
Mumbai, May 21 (IANS) A benchmark index for Indian equities recouped some of the intra-day losses as buying interest returned on good showing by cigarettes-to-hotels conglomerate ITC and ended 74 points ... Read more...

Posted in Business |

GM finally back in the black, IPO expected soon


May 18th, 2010 - 9:07 pm ICT by Aishwarya Bhatt
Washington DC, May 18 (THAINDIAN NEWS) General Motors reported that it made a profit of $865 million, the first time the company has had a profitable quarter since 2007. It is a ... Read more...

Posted in Business |

Air Arabia posts $15 mn first quarter profit


May 7th, 2010 - 9:33 pm ICT by IANS
Sharjah, May 7 (IANS/WAM) Air Arabia (PJSC) has posted a net profit of 50 million UAE dirhams (about $15 million) in the first three months of this year. However, the figure represented a ... Read more...

Posted in Business |

Warren Buffet reveals in his annual letter what’s in the future for the investors


March 3rd, 2010 - 12:00 am ICT by Aishwarya Bhatt
New York, Mar 2 (THAINDIAN NEWS) Warren Buffets annual letter to the Berkshire Hathaway’s shareholders, gave an idea of what the future holds for all the investors. In the letter, he ... Read more...

Posted in Business |

eBay fourth-quarter profit jumps 16 percent as Paypal and StubHub grow


January 21st, 2010 - 5:15 am ICT by BNO News
SAN JOSE, CALIFORNIA (BNO NEWS) -- eBay Inc, a California-based online auction and shopping website, on Wednesday reported fourth-quarter revenue of $2.4 billion, up 16 percent from the same period last year.The ... Read more...

Posted in Business, Technology Industry News |

eBay fourth-quarter profit jumps 16 percent


January 21st, 2010 - 5:01 am ICT by BNO News
SAN JOSE, CALIFORNIA (BNO NEWS) -- eBay Inc, a California-based online auction and shopping website, on Wednesday reported fourth-quarter revenue of $2.4 billion, up 16 percent from the same period last year.The ... Read more...

Posted in Technology Industry News |

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