quarter results

City Union Bank to raise Rs.250 crore through rights issue


August 3rd, 2012 - 6:03 pm ICT by IANS
Chennai, Aug 3 (IANS) City Union Bank will raise Rs.250 crore through a rights issue this year to meet its growing business needs and capital adequacy ratio (CAR), said a ... Read more...

Posted in Business |

Pandit’s Citi makes profit with India sale


April 17th, 2012 - 11:16 am ICT by IANS
Washington, April 17 (IANS) Profits at Citigroup led by Indian American CEO Vikram Pandit rebounded to $2.9 billion in the first quarter of 2012 with revenue boosted by the sale ... Read more...

Posted in Business |

Kingfisher Q2 losses at Rs.468 crore, board to meet again


November 15th, 2011 - 2:53 pm ICT by IANS
Mumbai, Nov 15 (IANS) Kingfisher Airlines, which continues to cancel many flights while struggling with an exodus of pilots and huge debts, Tuesday reported a net loss of Rs.468.66 ... Read more...

Posted in Business |

Kingfisher board to chalk out rescue plan


November 14th, 2011 - 9:37 pm ICT by IANS
Mumbai, Nov 14 (IANS) Cash-strapped Kingfisher Airlines' board is to meet here again Tuesday, after their Monday meet was inconclusive in chalking out a rescue plan for the carrier ... Read more...

Posted in Business |

Coal India to implement new pricing system


November 13th, 2011 - 3:07 pm ICT by IANS
Kolkata, Nov 13 (IANS) Coal India is likely to implement gross calorific value (GCV) based pricing from January 2012, a top official of the Maharatna company has said."As per the ... Read more...

Posted in Business |

Coal India’s Q2 net profit up 74 percent


November 12th, 2011 - 10:55 pm ICT by IANS
Kolkata, Nov 12 (IANS) Maharatna company Coal India Limited Saturday reported a 74 percent rise in its net profit to Rs.2,593 crore in the second quarter ending Sep 30, from ... Read more...

Posted in Business |

Mumbai airport’s cost escalation: Shivaji statue in blame game


November 11th, 2011 - 9:31 pm ICT by IANS
Mumbai, Nov 11 (IANS) A Mumbai legislator has protested the purported statement of a top official of builder GVK blaming a statue of Chhatrapati Shivaji for the cost escalation of ... Read more...

Posted in Business |

Dunlop board to discuss shut Bengal factory Oct 21


October 13th, 2011 - 1:07 am ICT by IANS
Kolkata, Oct 12 (IANS) Tyre maker Dunlop India Limited (DIL) will discuss the suspension of work at its Sahagunj factory in West Bengal's Hooghly district and the government's demand of ... Read more...

Posted in Business |

BlackBerry co-founders knocked off billionaires’ list


June 24th, 2011 - 9:52 am ICT by IANS
Toronto, June 24 (IANS) The two men who created the iconic BlackBerry company have been knocked off the world billionaires' list.With the shares of BlackBerry maker Research In Motion (RIM) ... Read more...

Posted in Business |

BlackBerry announces job cuts as profits, stock plunge


June 17th, 2011 - 12:38 pm ICT by IANS
Toronto, June 17 (IANS) BlackBerry maker Research In Motion (RIM)sank more than 15 percent during after-hours trading after Canada's top technology company released first-quarter results Thursday.As Waterloo-based RIM posted a ... Read more...

Posted in Uncategorized |

BlackBerry to offer ’super phone’, as shares slip (Lead)


March 25th, 2011 - 4:00 pm ICT by IANS
Toronto, March 25 (IANS) Shares of Research In Motion (RIM) sank as much as 12 percent during after-hour trading Thursday as the BlackBerry maker hinted at less-than-expected results in the ... Read more...

Posted in Business |

BlackBerry now set offer ’super phone’


March 25th, 2011 - 2:42 pm ICT by IANS
Toronto, March 25 (IANS) Shares of Research In Motion (RIM) sank as much as 12 percent during after-hour trading Thursday after the BlackBerry maker hinted at less-than-expected results in the ... Read more...

Posted in Sci-Tech |

Man U to become first Premier League club to break 100 million pounds mark


February 25th, 2011 - 6:02 pm ICT by ANI
London, Feb 25 (ANI): Manchester United is all set to become the first Premier League club to break the 100 million pounds barrier for annual commercial income.They will post their second quarter ... Read more...

Posted in Sports |

‘US-based Man U owners forced to pay debts without using club funds’


November 17th, 2010 - 6:15 pm ICT by ANI
London, Nov 17(ANI): Manchester United's US-based owners have been forced to repay the club's high-interest 220 million pound payment in kind (PIK) loan without using club funds, the Manchester United Supporters Trust ... Read more...

Posted in Sports |

Disney earnings decline after leak of the fourth-quarter results


November 12th, 2010 - 8:14 pm ICT by Aishwarya Bhatt
New York, Nov 12 (THAINDIAN NEWS) The leak of the fourth-quarter performance of Walt Disney sent the company’s stock tumbling. The company announced on Thursday that it will initiate investigation into how ... Read more...

Posted in Business |

CESC’s net profit up 23.02 percent in Q2


November 4th, 2010 - 12:34 am ICT by IANS
Kolkata, Nov 3 (IANS) Power utility CESC'S net profit for the second quarter of the current (2010-11) fiscal has shot up to Rs.155 crore, registering a growth of 23.02 percent over the ... Read more...

Posted in Business |

Haldia Energy to raise Rs.1,000 crore


November 3rd, 2010 - 11:13 pm ICT by IANS
Kolkata, Nov 3 (IANS) Haldia Energy Limited, a subsidiary of power utility CESC, will mop up around Rs.1,000 crore by tapping private equity funds by February next year.Haldia Energy, which will part-finance ... Read more...

Posted in Business |

Apple boss declares victory over BlackBerry


October 19th, 2010 - 10:33 pm ICT by IANS
By Gurmukh Singh Toronto, Oct 19 (IANS) With Apple posting record profits amid zooming sales of iPhones and iPads, CEO Steve Jobs declared victory over main rival and BlackBerry maker Research In Motion ... Read more...

Posted in Business |

Airline industry’s second quarter net profit $4.4 bn: IATA


October 4th, 2010 - 7:44 pm ICT by IANS
New Delhi, Oct 4 (IANS) The International Air Transport Association (IATA) Monday reported a net profit of $4.4. billion for the international airlines sector and outlined a positive growth trajectory for the ... Read more...

Posted in Business |

Mukherjee to meet chiefs of public sector banks today


August 14th, 2010 - 11:50 am ICT by ANI
New Delhi, Aug 14 (ANI): Union Finance Minister Pranab Mukherjee will meet chiefs of public sector banks here today to take stock of the financial performance of the banks and their ... Read more...

Posted in National |

Cabinet approves capital requirement of public sector banks


April 23rd, 2010 - 4:30 pm ICT by ANI
New Delhi, Apr 23 (ANI): The Union Cabinet on Friday approved a proposal to provide capital funds to the Public Sector Banks (PSBs) during the years 2010-11 and 2011-12 in order to ... Read more...

Posted in National |

Pandit’s Citi reports $4.4 billion profit for first quarter


April 20th, 2010 - 10:23 am ICT by IANS
By Arun Kumar Washington, April 20 (IANS) As Citigroup announced a profit of $4.4 billion in the first quarter, its biggest in almost three years, the banking giant's Indian American CEO Vikram Pandit ... Read more...

Posted in Business |

Credit Suisse reports $6.3 bn profit in 2009


February 11th, 2010 - 5:56 pm ICT by IANS
Geneva, Feb 11 (DPA) Switzerland's banking giant Credit Suisse reported Thursday 2009 net profits at 6.7 billion francs ($6.3 billion), but also unveiled lower-than-expected fourth quarter results. Profit for the final quarter of ... Read more...

Posted in Business |

Coke profits soar to $6.8 bn riding India, China sales (Lead)


February 10th, 2010 - 12:43 pm ICT by IANS
New York, Feb 10 (IANS) India and China accounted for much of the three percent growth in the worldwide sales for Coca-Cola in 2009 with its profits soaring to $6.82 billion - ... Read more...

Posted in Business |

India, China sales boost Coca-Cola profits


February 10th, 2010 - 9:45 am ICT by IANS
New York, Feb 10 (IANS) India and China accounted for much of the three percent growth in the worldwide sales for Coca-Cola in 2009. Releasing its annual and fourth-quarter results Tuesday, the world's ... Read more...

Posted in Business |

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 |

JPMorgan Chase Registers $3.3 Billion Profit


January 18th, 2010 - 9:27 pm ICT by GD
By Gina Gomez New York, Jan 18, (THAINDIAN NEWS) It seems that global banking conglomerate JPMorgan Chase has finally recovered from the financial crisis that plagued the banking major last year. The financial ... Read more...

Posted in Business |

Bharti scrip nosedives 6 percent after poor results


October 30th, 2009 - 5:56 pm ICT by IANS
Mumbai, Oct 30 (IANS) Telecom major Bharti Airtel's scrip Friday fell 6.38 percent lower than its previous close at the Bombay Stock Exchange (BSE) as investors dumped the stock because of disappointing ... 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 |

Air India awaits Boeing Dreamliner’s takeoff


July 24th, 2009 - 1:32 pm ICT by IANS
Washington, July 24 (IANS) Boeing Co. has reported better-than-expected second-quarter results but failed to answer when will its troubled 787 Dreamliner, 27 of which have been ordered by Air India, fly for ... Read more...

Posted in Business |

Google Inc. (GOOG): 2nd Quarter Earnings Up By 19%


July 17th, 2009 - 6:34 pm ICT by GD
Google Inc. (GOOG) surprised the markets with its better than expected 2nd quarter results, which saw earnings growth of 19%. But strangely enough Wall Street did not react positively as the stock ... Read more...

Posted in Technology Industry News |

GAIL net profit rises 8 percent


June 15th, 2009 - 7:47 pm ICT by IANS
New Delhi, June 15 (IANS) State-run gas major GAIL India Monday reported a net profit of Rs.2,804 crore ($585 million) for 2008-09 as against Rs.2,601 crore recorded the year before, an increase ... Read more...

Posted in Business |

Indian Oil net profit drops 57 percent


May 29th, 2009 - 7:54 pm ICT by IANS
New Delhi, May 29 (IANS) State-run oil marketing company Indian Oil Corp (IOC) Friday recorded a 57 percent fall in its net profit for 2008-09 from the year before. The company said ... Read more...

Posted in Business |

Not easy to work in India: L.N. Mittal


April 29th, 2009 - 8:43 pm ICT by IANS
By Dipankar De Sarkar London, April 29 (IANS) ArcelorMittal, the world's biggest steel manufacturing company, is finding India a difficult country to work in, its chief executive and chairman Lakshmi Niwas Mittal ... Read more...

Posted in Business |

American Express profits plunge 72 percent


January 27th, 2009 - 6:28 am ICT by IANS
New York, Jan 27 (DPA) Credit card company American Express said Monday its profits plunged 72 percent as customers fell behind on loan payments and were also spending less amid the widening ... Read more...

Posted in World |

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