Decision on 2G auction participation only by October: SSTL
September 10th, 2012 - 7:11 pm ICT by IANS
New Delhi, Sep 10 (IANS) Sistema Shyam Teleservices (SSTL) Monday said it would be able to say only next month if it would take part in the 2G auction as ... Read more...
Posted in Business |
Reliance Infrastructure reports decline in Q1 profits
August 14th, 2012 - 7:07 pm ICT by IANS
Mumbai, August 14 (IANS) Reliance Infrastructure Tuesday declared that its standalone net profit declined 24 percent year-on-year to Rs.327 crore in the quarter ended June 2012.The company has posted a ... Read more...
Posted in Business |
Bharti Airtel’s shares fall for 2nd consecutive day
August 9th, 2012 - 9:43 pm ICT by IANS
Mumbai, Aug 9 (IANS) The shares of leading telecom service provider Bharti Airtel Thursday fell for the second day following disappointing quarterly results.At the Bombay Stock Exchange the shares of ... Read more...
Posted in Sci-Tech |
Sensex falls from day’s high, up 199 points (Roundup)
July 27th, 2012 - 6:55 pm ICT by IANS
Mumbai, July 27 (IANS) A benchmark index of Indian equities markets closed 199 points up Friday, coming off the day's high of 335 points during the day.The 30-scrip ... Read more...
Posted in Business |
Microsoft reports first loss in 26 years
July 20th, 2012 - 2:04 pm ICT by IANS
Washington, July 20 (IANS) US computing giant Microsoft has reported the first unprofitable quarter since it became a public company in 1986 after it wrote down the value of its ... Read more...
Posted in Sci-Tech |
Sensex dips 257 points; Infosys, Wipro slump (Roundup)
July 12th, 2012 - 6:50 pm ICT by IANS
Mumbai, July 12 (IANS) A benchmark index of Indian equities markets slumped 1.5 percent Thursday after Infosys announced disappointing earnings for the June quarter that led to a ... Read more...
Posted in Business |
Nokia to close facilities, cut up to 10,000 jobs worldwide
June 15th, 2012 - 6:15 pm ICT by BNO News
ESPOO, FINLAND (BNO NEWS) -- Nokia, the world's largest manufacturer of mobile phones, on Thursday said it will cut up to 10,000 jobs worldwide over the next year and close a number ... Read more...
Posted in Technology Industry News |
Apple quarterly results exceed expectations
April 25th, 2012 - 9:20 am ICT by IANS
San Francisco, April 25 (IANS) Apple has released quarterly sales and earnings results that surpassed analysts' expectations.In its fiscal 2012 second quarter ending March 31, the company raked $39.2 billion ... Read more...
Posted in Business |
Listed Chinese companies see narrowing profits
April 23rd, 2012 - 2:40 pm ICT by IANS
Beijing, April 23 (IANS) China's listed companies saw narrowing profits in the first quarter as the country's economy ran at the slowest pace since the third quarter of 2009, reports ... Read more...
Posted in Business |
Indian Oil Corporation’s Q3 net profit up 52.2 percent
February 13th, 2012 - 9:07 pm ICT by IANS
New Delhi, Feb 13 (IANS) State-owned Indian Oil Corporation Monday reported an increase of 52.2 percent in its net profit for the quarter ended Dec 31, 2011 at Rs.2,488.44 crore ... Read more...
Posted in Business |
Apple beats Google in US smartphone market
January 26th, 2012 - 4:01 am ICT by IANS
San Francisco, Jan 26 (IANS) Apple overtook Google's Android to become the leading smartphone platform in the US in the fourth quarter of 2011, thanks to strong demand for its ... Read more...
Posted in Business |
SJVNL’s Q3 profit up 20 percent
January 21st, 2012 - 6:40 pm ICT by IANS
Shimla, Jan 21 (IANS) The Satluj Jal Vidyut Nigam Ltd (SJVNL), the company that owns and operates India's largest hydropower project in Himachal Pradesh, Saturday announced a 20 percent increase ... Read more...
Posted in Business |
Sensex closes 98 points lower (Lead)
January 12th, 2012 - 5:13 pm ICT by IANS
Mumbai, Jan 12 (IANS) A benchmark index for Indian equities markets Thursday closed 98 points lower on selling pressure in IT stocks, triggered by software major Infosys lowering its ... Read more...
Posted in Business |
Sensex slips into red as IT stocks fall
January 12th, 2012 - 2:05 pm ICT by IANS
Mumbai, Jan 12 (IANS) A benchmark index for Indian equities markets Thursday slipped into the red in noon trade led by IT stocks as bellwether Infosys lowered its guidance ... Read more...
Posted in Uncategorized |
Weak rupee will hit corporate borrowers hard
November 22nd, 2011 - 5:03 pm ICT by IANS
Mumbai, Nov 22 (IANS) Even as they deal with rising input costs and high interest rates, Indian companies which have raised funds from overseas sources have been dealt another ... 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 |
Mahindra Satyam’s net profit up by six percent
November 10th, 2011 - 6:30 pm ICT by IANS
Hyderabad, Nov 10 (IANS) Software exporter Mahindra Satyam registered nearly six percent increase in its net profit during the second quarter ended Sep 30 with the company claiming that its ... Read more...
Posted in Uncategorized |
Apple ‘crowned’ global smart phone leader
August 6th, 2011 - 10:29 am ICT by IANS
Toronto, Aug 6 (IANS) Apple now tops smart phone rankings while BlackBerry has slipped to the fourth spot, confirmed the latest data from the US analyst firm International Data Corporation ... Read more...
Posted in Sci-Tech |
Apple topples Nokia to become top smart phone seller
July 22nd, 2011 - 11:05 am ICT by IANS
New York, July 22 (IANS) Apple has toppled Nokia to become the world's number one smart phone seller.In its second-quarterly results Thursday, the Finnish cellphone company reported shipment of ... Read more...
Posted in Business |
Satluj Jal Vidyut Nigam’s Q1 profit up 20 percent
July 15th, 2011 - 6:58 pm ICT by IANS
Shimla, July 15 (IANS) The Satluj Jal Vidyut Nigam Ltd (SJVNL), the company that owns and operates India's largest hydropower project in Himachal Pradesh, Friday announced its profits surged nearly ... Read more...
Posted in Business |
Finally, BlackBerry bosses bow to investor pressure
July 1st, 2011 - 11:58 am ICT by IANS
Toronto, July 1 (IANS) The firm grip of two co-CEOs on BlackBerry maker Research In Motion (RIM) loosened Thursday, with the two bosses bending to shareholder demands to review the ... Read more...
Posted in Business |
BlackBerry cuts 200 jobs after market bleeding
June 22nd, 2011 - 10:52 am ICT by IANS
Toronto, June 22 (IANS) After two days of bleeding on the stock market in the wake of its disappointing quarterly results, BlackBerry maker Research In Motion (RIM) Tuesday reportedly laid ... Read more...
Posted in Business |
21 percent plunge in BlackBerry stock
June 18th, 2011 - 10:51 am ICT by IANS
Toronto, June 18 (IANS) In the biggest one-day fall in its fortunes Friday, the BlackBerry company Research In Motion (RIM) plunged about 21 percent - or more than $7 per ... Read more...
Posted in Sci-Tech |
Sensex dips for third consecutive day; RIL, SBI weigh heavy (Roundup)
May 18th, 2011 - 6:56 pm ICT by IANS
Mumbai, May 18 (IANS) Indian equities markets Wednesday closed lower with a benchmark index ending in the negative for the third consecutive day this week. Broader indices slipped a ... Read more...
Posted in Business |
Verizon, AT&T; crucial to BlackBerry tablet sales
April 22nd, 2011 - 1:26 pm ICT by IANS
Toronto, April 22 (IANS) The BlackBerry maker Research In Motion (RIM), which is pinning hopes on its PlayBook tablet to be a game-changer for the Canadian wireless giant, is banking ... Read more...
Posted in Sci-Tech |
Sensex soars led by auto, IT stocks (Second Lead, correcting HCL quarterly data)
April 20th, 2011 - 4:45 pm ICT by IANS
Mumbai, April 20 (IANS) A benchmark index for Indian equities markets soared Wednesday, while broader indices held on to gains after IT stocks rose buoyed by software giant HCL ... Read more...
Posted in Business |
BlackBerry posts 40 percent growth to beat forecasts
December 17th, 2010 - 1:36 pm ICT by IANS
By Gurmukh Singh
Toronto, Dec 17 (IANS) Beating forecasts, BlackBerry maker Research In Motion (RIM) posted its sixth straight quarter of record smart phone sales in its third-quarter results of fiscal 2011 announced ... Read more...
Posted in Sci-Tech |
Boeing to deliver first 787 Dreamliner to Air India next year (Lead)
November 9th, 2010 - 7:09 pm ICT by IANS
New Delhi, Nov 9 (IANS) Boeing Tuesday said it will deliver the first 787 Dreamliner aircraft to Air India by the second quarter of 2011."We will deliver the first 787 ... Read more...
Posted in Business |
Fortis Healthcare Q2 net profit up 477 percent
November 3rd, 2010 - 3:45 pm ICT by IANS
New Delhi, Nov 3 (IANS) Fortis Healthcare Wednesday reported a 477 percent rise in net profit for the quarter ended Sep 30 at Rs.74.8 crore against Rs.12.8 crore earned during the like ... Read more...
Posted in Business |
Record breaking Harry Potter theme park Universal Orlando wows visitors
October 16th, 2010 - 5:18 pm ICT by ANI
Orlando, Oct 16 (ANI): Powered by its hugely popular Wizarding World of Harry Potter, Universal Orlando shattered records by clocking the best quarterly results in its 20-year history.Attendance at Orlando's No. 2 ... Read more...
Posted in World |
BlackBerry stock slips after PlayBook unveiling
September 29th, 2010 - 8:23 am ICT by IANS
Toronto, Sep 29 (IANS) The unveiling of the PlayBook tablet by the BlackBerry maker Research in Motion (RIM) didn't help its fortunes as its shares took a big dive on the Toronto ... Read more...
Posted in Sci-Tech |
Hayward likely to take charge of BP’s Russian joint venture with TNK
July 27th, 2010 - 12:29 pm ICT by ANI
London, July 27 (ANI): BP chief executive Tony Hayward, whose resignation is expected any moment before the stock market opens today, is rumoured to have been offered a board role within British ... Read more...
Posted in World |
BlackBerry holds No 1 position in US, posts $2.46-b profit
April 1st, 2010 - 11:35 am ICT by IANS
By Gurmukh Singh
Toronto, April 1 (IANS) BlackBerry maker Research In Motion (RIM) reported 35 percent jump in its revenue over the previous fiscal year, netting in $15 billion in fiscal 2010.The world ... Read more...
Posted in Business |
Sensex rises by 55 points in the opening trade
January 15th, 2010 - 3:20 pm ICT by ANI
Mumbai, Jan 15 (ANI): The Bombay Stock Exchange (BSE) benchmark Sensex increased by 55 points in the opening trade on Friday, on emergence of fresh buying by funds ahead of the ... Read more...
Posted in Business |