April 16, 2014 23:06 (IST)
Yahoo Inc again posted anemic quarterly revenue growth as the internet company's advertising business continued to lag its rivals, nearly two years into chief executive Marissa Mayer's comeback effort.
April 16, 2014 17:04 (IST)
Traditionally, the fourth quarter has been a weak period for IT players given the slow start to the year after the holiday season in some overseas markets.
April 16, 2014 14:38 (IST)
Reliance shares are trading up 0.1 percent on Wednesday.
April 16, 2014 10:41 (IST)
Analysts however expect TCS to post an uptick in revenues. According to estimates, TCS is expected to report revenues of Rs 21,745 crore in the fourth quarter.
San Francisco | April 16, 2014 09:10 (IST)
With personal computer shipments falling for eight straight quarters through March, some analysts believe the industry's decline is close to hitting bottom, potentially giving Intel breathing room as it struggles to develop better processors for mobile and wearable devices.
San Francisco | April 16, 2014 08:21 (IST)
Mayer told analysts on Tuesday that new mobile and advertising initiatives were gaining momentum, positioning the company for a period of stable but modest growth. Revenue from its core display advertising business inched 2 per cent higher in the first quarter, reversing several consecutive quarters of declines.
April 15, 2014 22:06 (IST)
Reliance Jio Infocomm, formerly known as Infotel Broadband Services, on Tuesday reported a net loss of Rs 6.45 crore for the six months ended March 31, 2014.
April 15, 2014 21:44 (IST)
DCB Bank on Tuesday reported an almost 15 per cent jump in net profit at Rs 39.07 crore in the March quarter.
Bangalore | April 15, 2014 11:44 (IST)
Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 per cent and by 1-2 per cent for onsite workers, effective April 1.
April 15, 2014 11:37 (IST)
Leading brokerages are willing to be patient with Infosys, which is in the midst of a restructuring under its executive chairman NR Narayana Murthy, who returned from retirement in June 2013 to lead the company he founded.
April 15, 2014 09:18 (IST)
Analysts in an NDTV poll had expected Infosys to report profit of Rs 2,846 crore in the fourth quarter on revenues of Rs 12,973 crore.
New York | April 14, 2014 19:53 (IST)
On a per-share basis, that amounted to $1.30 compared with $1.29 a year ago. That was better than estimates of analysts polled by FactSet, who had been expecting $1.14.
Written By: Varun Sinha | April 14, 2014 08:46 (IST)
Infosys will kick start the March quarter earnings, when it reports numbers on Tuesday. The next week will also see other IT heavyweights - Tata Consultancy Services, Wipro and HCL Tech report numbers.
April 12, 2014 15:42 (IST)
Results from the first of the major Wall Street banks to post earnings underscore how difficult the first quarter was for the financial sector. JPMorgan's bond trading revenue plunged 21 per cent, and mortgage lending revenue fell 84 per cent from the same quarter last year.
April 10, 2014 21:19 (IST)
IT services company iGate Corp said revenue would grow faster in the second half of the year, after it reported better-than-expected quarterly results due to customer additions and higher revenue from Europe and financial industry clients.
Mumbai | April 05, 2014 11:50 (IST)
Bharat Heavy Electricals Ltd , India's state-run top power equipment maker, reported on Saturday a 51 per cent fall in provisional net profit for fiscal year 2013-14.
New York | March 28, 2014 20:12 (IST)
Struggling Canadian smartphone maker BlackBerry on Friday reported a net loss of $423 million in the fiscal fourth quarter.
March 28, 2014 09:42 (IST)
Revenue from the consulting business fell 1 per cent in U.S. dollar terms, declining for the sixth time in the last seven quarters. It accounted for more than half of total revenue last year.
March 25, 2014 13:48 (IST)
The company posted loss of Rs 778.7 crore in the same period a year ago.
March 12, 2014 23:26 (IST)
IT major Infosys expects sluggish growth in January-March quarter mainly due to muted spending by clients, especially in the retail sector.