Mumbai: Kingfisher on Tuesday reported a loss of Rs 469 crore in the second quarter, saying that it had incurred substantial losses. In a statement released on Tuesday, Kingfisher said that while the company had incurred substantial losses, its net worth had also been eroded. Reports also suggest UB Group has borrowed 400 crores from SICOM, a non-banking finance company partly-owned by the Maharashtra government. The Maharashtra government holds 49...
09:34 AM, Nov 15, 2011
Hyderabad: Software services exporter Mahindra Satyam warned on Thursday the euro zone debt crisis could dent demand for outsourcing, after beating estimates with a more than 10-fold jump in its quarterly profit. Europe is the largest market after the United States for India's $ 76 billion information technology industry that gets more than 90 per cent of its revenue from providing services such as developing software applications and managing call...
03:08 PM, Nov 10, 2011
New Delhi: India's top mobile phone carrier Bharti Airtel on Friday reported a bigger-than-expected 38 per cent fall in fiscal second-quarter profit, its seventh straight quarterly profit drop, hit by higher interest costs and foreign exchange losses. Bharti, nearly a third owned by Southeast Asia's biggest phone firm SingTel, said consolidated net profit fell to $ 210 million for its fiscal second quarter ended September from Rs 16.61 billion a...
01:18 PM, Nov 04, 2011
Mumbai: Country's largest software exporter TCS on Monday reported a 6.1 per cent jump in the profit for the September quarter at Rs 2,301 crore and gave a "bight" outlook on the back of a good order book even though macro environment continues to be uncertain. The Tata Group company's profit for the corresponding period last fiscal was Rs 2,169 crore. Revenue for the period under review grew a robust...
10:51 PM, Oct 17, 2011
Mumbai: Housing mortgage lender HDFC on Monday reported a 20 per cent increase in its net profit to Rs 971 crore for the second quarter ended September 30 vis-a-vis the corresponding period last fiscal. Housing Development Finance Corporation (HDFC) had posted a net profit of Rs 807.54 crore for the July-September quarter of 2010-11. The company's total income increased to Rs 4,169.14 crore during the September quarter from Rs 2,970.22...
03:14 PM, Oct 17, 2011
New Delhi: Reliance Industries Ltd (RIL) on Saturday reported nearly 16 per cent rise in net profit for the second quarter this fiscal as higher earnings from oil refining and petrochemicals business helped it offset a dip in natural gas production. The net profit was up 15.8 per cent at Rs 5,703 crore during July-September - RIL's highest quarterly profit since 2007, the company said in a press statement. RIL...
07:07 PM, Oct 15, 2011
Bangalore: Infosys Technologies, India's No. 2 software services exporter, raised its annual revenue forecast after topping quarterly profit estimates, but a weaker dollar could crimp growth for the export-driven firm. Infosys, larger rival Tata Consultancy Services and No. 3 player Wipro, have raised salaries and are hiring more staff as companies step up orders amid higher technology spending. The company, which kicked off results for India's showpiece outsourcing industry, added...
04:26 PM, Oct 15, 2010
Revenue rose 9 per cent to 98.46 billion rupees from 90.20 billion. ...
12:32 PM, Oct 30, 2009
Income from Citigroup's banking division, Citicorp, fell by 40 pc in Asia. ...
01:29 AM, Jul 18, 2009
TCS has announced its FY09 and fourth quarter results. ...
04:06 PM, Apr 21, 2009
Reliance Industries Limited second quarter result have beaten expectations. ...
08:53 PM, Oct 23, 2008
Profit for the quarter ended September 30 rose to Rs 581 crore from Rs 409 crore a year ago. ...
10:58 AM, Oct 17, 2008
Infy posted a 30.2 per cent jump in quarterly profit, helped by a weaker rupee. ...
09:41 AM, Oct 10, 2008
Karachi: Pakistan's tainted captain Salman Butt on Saturday said that he had no intention of withdrawing his appeal against the ICC's provisional suspension even after withdrawal of challenge by his teammate Mohammad Asif. I don't know why Asif withdrew his appeal but I am not going to do this. I am innocent and want to prove myself clear of these spot-fixing allegations, Butt told a TV channel. Butt, Asif and...
11:43 PM, Oct 26, 2007
Karachi: Pakistan Cricket Board chairman Ijaz Butt will leave for London on Tuesday in a bid to resolve the ongoing dispute with the ECB and to sort out the issues related to the spot-fixing scandal. Well-placed sources in the Board told PTI that Butt will be accompanied by PCB legal advisor, Tafazzul Rizvi. The PCB Chairman will consult with the lawyers in London about the reply that is to be...
12:52 PM, Oct 19, 2007
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