Revenues

  • US Internet ad revenue surpasses broadcast TV for the first time 11-04-2014 11:22 AM

    New York: For the first time, US Internet advertising revenue has surpassed that of broadcast television thanks to sharp growth in mobile and digital video ads. That's according to a report from the Interactive Advertising Bureau, which said Thursday that Internet advertising revenue rose 17 per cent to a record...
  • Revenue official arrested for taking Rs 25000 bribe 13-03-2014 06:52 PM

    A woman revenue official was on Thursday arrested for allegedly accepting a bribe in Rajasthan's Sriganganagar district. Rajpal Kaur, posted as Patwari-Suratgarh tehsil, had allegedly demanded a bribe of Rs 25,000 from one Mahendra Singh for transferring land of his father in his name in the revenue records, officials said....
  • Revenue official arrested for taking bribe 11-03-2014 08:57 PM

    Anti-Corruption Bureau sleuths on Tuesday arrested a revenue official for allegedly accepting a bribe of Rs 10,000 in Rajsamand district, an ACB official said. Lal Singh, posted as Patwari at Devgarh tehsil, had demanded the bribe from Chunni Lal Khateek for transferring a land in revenue records, he said here....
  • India can quadruple revenue from Africa by 2025 10-03-2014 04:52 PM

    New Delhi: India can quadruple revenue from Africa to $160 billion by 2025 through expanding its presence in sectors like information technology, agriculture, infrastructure, pharmaceuticals and consumer goods, says a McKinsey report. "There is a large opportunity for Indian retailers in Africa, more in terms of apparel, fashion products, etc,"...
  • Sugar worth Rs 70 cr seized after mill owner fails to pay dues to cane growers 05-03-2014 02:13 PM

    Revenue officialshave attached sugar worth Rs 70 crore from sugar mill after its owner failed to pay dues of cane growers. "Due to non clearance of dues of the farmers, district authorities issued recovery certificate against Titawi sugar mill but they failed to pay the amount," Ramkishan Sharma, Additional District...
  • Raise our share in tax revenues, Shivraj Singh Chouhan tells Centre 18-02-2014 03:39 PM

    Madhya Pradesh Chief Minister Shivraj Singh Chouhan has sought a raise in the state government's share in the central tax revenues from the existing 30 per cent to 50 per cent. The Chief Minister made this demand during a meeting with the members of the 14th Finance Commission held in...
  • Two arrested with fake currency notes in Muzaffarpur 09-02-2014 05:48 PM

    Two people were arrested on Sunday with fake currency notes of face value Rs.3.98 lakh in Bihar's Muzaffarpur district, police said. They were arrested by the Directorate of Revenue Intelligence (DRI) at Maithi when they were on their way to deliver the counterfeit notes at Bettiah, the district headquarters of...
  • Bureaucrat found in possession of Rs 70 crore assets suspended 02-02-2014 06:32 PM

    The Madhya Pradesh government has suspended a senior Revenue Department officer after he was found in possession of assets worth around Rs 70 crore, suspected to be acquired through corrupt means. Ravikant Dwivedi, a Joint Commissioner in Revenue Department, was suspended on Saturday night after Lokayukta police last week raided...
  • Vyapam scam: Bureaucrat found in possession of assets worth Rs 70 crore 30-01-2014 09:23 PM

    Lokayukta Police on Thursday uncovered details of nearly two dozen properties worth at least Rs 60-70 crore possessed by a senior Revenue Department officer, who is suspected to have acquired them through corrupt means. The case came to light when personnel of the anti- corruption watchdog raided the residence of...
  • Bharti Airtel Q3 net profit jumps 115 per cent to Rs 610 crore 29-01-2014 11:30 AM

    New Delhi: Led by growth in data revenues, country's largest telecom operator Bharti Airtel's net profit rose 115.1 per cent to Rs 610 crore for the quarter ended December 2013. The company had reported a net profit of Rs 284 crore in the corresponding period last financial year, the company...
  • Yahoo's fourth quarter revenue slides as ad prices dip again 29-01-2014 09:56 AM

    San Francisco: Yahoo Inc's online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace. Yahoo's overall revenue fell 6 per cent in the last three months of the year...
  • I-T finds irregularities in Virbhadra's agricultural income: Report 04-01-2014 10:57 AM

    New Delhi: Income Tax authorities in Himachal Pradesh have found irregularities in the agricultural income filed by Chief Minister Virbhadra Singh. According to reports, IT authorities have allegedly stumbled upon revelations that tonnes of apples from Virbhadra Singh's orchards were transported in oil tankers and on two wheelers. National daily,...
  • Policemen unearth ill-gotten assets worth Rs 1 crore from revenue official 19-12-2013 09:50 AM

    Lokayukta Police on Wednesday seized alleged disproportionate assets worth over Rs 1 crore after conducting raids at two residences of a revenue official in Jabalpur. "The raids were conducted simultaneously at Santosh Singh Thakur's places in Jabalpur's Shukla Nagar and Bhedaghat areas," DSP of Lokayukta Police MS Dhurve told reporters....
  • Sushil Modi hits back, says defective notification caused revenue loss 15-12-2013 10:53 PM

    Under fire from JD(U) for allegedly causing revenue loss by lowering VAT on certain goods six years ago, former deputy chief minister Sushil Kumar Modi sought to avoid blame saying the loss had taken place due to defective notification and demanded a CBI probe in the matter. "The revenue loss...
  • Apna Dal leader Anupriya Patel gives privillege motion notice to Speaker 05-12-2013 05:18 PM

    Apna Dal national general secretary and MLA Anupriya Patel on Wednesday gave a privilege motion notice to Speaker Mata Prasad Pandey, over registration of fake cases against her by the police. "I have met the Speaker and informed him about the incident on December 3 at my constituency Rohaniya in...
  • Tata Motors beats analyst's estimates, records 71 per cent Q2 profit 08-11-2013 04:38 PM

    India's biggest automaker by revenue Tata Motors Ltd has beaten analyst estimates by posting a 71 per cent jump in profit, its first quarterly gain in a year, as buoyant sales at luxury unit Jaguar Land Rover Ltd received a lift from new models. Tata Motors, part of the $100...
  • US budget deficit down to USD 680 bn, lowest in 5 years 31-10-2013 07:19 AM

    Washington: For the first time in five years, the US government has run a budget deficit below USD 1 trillion. The government said on Wednesday that the deficit for the 2013 budget year totalled USD 680.3 billion, down from USD 1.09 trillion in 2012. That's the smallest imbalance since 2008,...
  • Twitter says revenue potential limited in India 20-10-2013 02:55 PM

    Washington: As it gears up for the much-touted USD one-billion IPO next month, Twitter says revenue generation may be limited in international operations and its inability to offer full features in markets like India may adversely impact its business and results. According to a latest regulatory filing made by Twitter,...
  • Google shares break $1,000 barrier as mobile pays off 18-10-2013 10:52 PM

    San Francisco: Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc. Shares of the world's No. 1 search company rose more than 13 percent to hit...
  • HCL Tech revenue growth lags peers, but profit soars 17-10-2013 02:05 PM

    Bangalore: HCL Technologies(HCLT.NS), India's number 4 IT services exporter, reported quarterly revenue that grew at a slower pace than that of its rivals, sending its shares lower though profit beat market expectations by rising 64 percent. HCL relies heavily on contracts to manage data centres and networks for revenue growth,...
  • Yahoo's net revenue dips along with ad prices 16-10-2013 01:26 PM

    San Francisco: Yahoo Inc's net revenue dipped slightly in the third quarter as prices for its display ads remained under pressure. Yahoo shares were up 16 cents at $33.54 in after market trading on Tuesday after initially rising more than 4 per cent. Yahoo also announced it would sell fewer...
  • Infosys Q2 net profit rises to Rs 2407 cr vs Q1 net profit of Rs 2,374 cr 11-10-2013 09:04 AM

    Mumbai: Bangalore: IT major Infosys on Friday reported a 1.6 per cent rise in consolidated net profit to Rs 2,407 crore for the second quarter ended September 30, 2013, on the back of large deals and increased sales from Big Data and Cloud. The Bangalore-based firm had reported a net...
  • Government eyes Rs 11,000 crore revenue through spectrum auction 24-09-2013 01:25 PM

    New Delhi: The Department of Telecom is likely to conduct the third round of spectrum auction by January 2014 and expects to garner a minimum revenue of about Rs 11,000 crore this fiscal, a top official said. Replying to a query on expected time-line for the next round of spectrum...
  • Real Madrid reveal record revenues prior to Gareth Bale deal 06-09-2013 05:29 PM

    Madrid: Real Madrid said they posted record revenue of more than half a billion euros (dollars) for a second straight season in 2012-13. The world's richest club says it earned 521 million euros ($684 million) - a 1.2 percent increase from the previous year - for a profit of 37...
  • Deputy Commissioner suspends revenue dept official 19-08-2013 06:01 PM

    A revenue department official was suspended on Monday for dereliction of duty in Budgam district of Jammu and Kashmir. "On the instructions of Deputy Commissioner, Budgam, Khursheed Amad Girdawar Ali Mohammad Dar, who was working as Naib Tehsildar, Nagam, has been placed under suspension with immediate effect for dereliction of...
  • Assam govt to start new technology to stop power theft 19-08-2013 05:11 PM

    Facing Rs 900-crore annual revenue loss by Assam Power Distribution Company, the state government on Monday said it will implement Ring Fence System, a technology to prevent stealing of power at a total expenditure of Rs 875 crore. The Ring Fence System will be set up in 72 towns along...
  • Three Indians among Britain's most-wanted list 09-08-2013 05:19 PM

    London: Three of Britain's 30 most-wanted fraudsters and tax evaders are of Indian-origin who have cost commoners nearly 10 million pounds. HM Revenue and Customs (HMRC) published an updated gallery , 2013 Most Wanted, which includes Sumir Soni, Anish Anand and Sahil Jain. All three are in their thirties and...
  • Durga reports to Revenue Board, row over revoking her suspension continues 31-07-2013 01:42 PM

    Amid demands by opposition parties to revoke her suspension, IAS officer Durga Shakti Nagpalhas reported to the Revenue Board, sources said on Wednesday. Nagpal, who was suspended on Jul 27 night as Sub-Divisional Magistrate of Gautam Budh Nagar district, met the Revenue Board Chairman Jagan Mathews on Tuesday evening, they...
  • Infosys Q1 net profit up 3.7 per cent to Rs 2,374 crore 12-07-2013 09:16 AM

    Mumbai: IT major Infosys on Friday reported nearly 4 per cent increase in consolidated net profit to Rs 2,374 crore for the first quarter ended June 30, 2013. The Bangalore-based firm had reported a net profit of Rs 2,289 crore in the year-ago period, it said in a BSE filing....
  • 'Google, Facebook account for 60 per cent of Asia's online ad spend' 09-07-2013 06:35 PM

    New Delhi: Internet giants Google and Facebook account for more than half of the advertising revenue spent online in Asia, a study by Economist said. Economist Intelligence Unit's (EIU) report on environment for Asia's Internet businesses revealed that the market is challenging as its size in Asia is still small...