Earnings

  • Over 12 pc growth in railway revenue September 11, 2014

    New Delhi: Indian Railways have posted over 12 per cent growth in revenue between April and August this year, earning Rs 61,324.64 crore as compared to Rs 54,496.73 crore earned during the same period last year. "The earnings on originating basis stood at 12.53 per cent,"...
  • Railway's freight earnings go up by over 7 per cent July 15, 2014

    New Delhi: Earnings of Railways from freight has increased by over seven per cent in the first quarter of 2014 as compared to the corresponding period last year. Railways have earned Rs 24,541.96 crore from freight traffic during April-June 2014 as compared to Rs 22,795.55 crore during the corresponding period last...
  • Apple's iPhone sales rise, but quarterly profit and margins fall October 29, 2013

    San Francisco: Apple's latest quarterly earnings fell 9 per cent as more people bought the company's lower-priced iPhones and iPads. The company's fourth-quarter results announced Monday included early sales of the latest iPhones released late last month. The models, called the 5S and 5C, helped Apple Inc. increase its iPhone sales from...
  • Virat Kohli beats Dhoni, Tendulkar with deals worth Rs 17 crore a year September 27, 2013

    New Delhi: Virat Kohli is cashing in on his good form and consistency with endorsements deals that have left behind even the likes of his skipper Mahendra Singh Dhoni and batting legend Sachin Tendulkar, the Times of India reported. Topping the list of Team India's wannabe skipper's cash-rich deals is a...
  • Railways earnings up by above 10 per cent September 10, 2013

    Railways have earned Rs 54,462.79 crores during April-August this year as compared to Rs 49,382.94 crores during the same period last year, registering an increase of 10.29 per cent. The total goods earnings have gone up from Rs 34,067.51 cr during April 1 August 31, 2012 to Rs 37,085.96 crore during...
  • Visa-on-arrival boost for Kerala tourism, says Chandy August 29, 2013

    The introduction of tourist visa-on-arrival (T-VoA) facility at Thiruvananthapuram and Kochi airports will help attract more foreign visitors to the state, Chief Minister Oommen Chandy said on Wednesday. T-VoA is currently available for citizens of 11 countries -- Cambodia, Finland, Indonesia, Japan, Laos, Luxembourg, Myanmar, New Zealand, Philippines, Singapore and Vietnam. T-VoA...
  • Internet companies, stung by earnings, still look pricey July 27, 2013

    New York: Expedia can send people to destinations around the world, but it can't send investors back in time so they can avoid the stock's massive selloff on Friday. The stock's 25 per cent fall is its worst in seven years, becoming the latest in what is shaping up as a...
  • Lady Gaga tops highest earning celebrity under 30 list July 24, 2013

    London: Pop star Lady Gaga has topped Forbes magazine's annual list of the top earning celebrities under 30. The 27-year-old has banked $80 million between June 2012 and June 2013, reports femalefirst.co.uk. Lady Gaga has beaten singers Justin Bieber and Taylor Swift in the run. Bieber came second on the list with $58...
  • Robert Downey Junior named the highest paid actor in Hollywood July 19, 2013

    Robert Downey Junior has been named the highest paid actor in Hollywood according to Forbes magazine. The 48 year old actor has an estimated $75 million in earnings between June 2012 and June 2013. ...
  • Hero MotoCorp surges after March quarter result April 29, 2013

    Mumbai: Shares in Hero MotCorp Ltd, India's largest motorcycle manufacturer, gained as much as 4.8 percent in early morning trade after the company's January-March profit beat street estimates for the first quarter in six. Hero reported a net profit of 5.74 billion rupees for the three months to end-March on Friday...
  • Nifty ends 100 points up; ITC hits life high, IT stocks gain April 29, 2013

    Mumbai: Key equity benchmarks closed in green after consolidating for most part of the day. The action was by and large limited around the stocks that had declared their results. Positive regional shares helped the Nifty to close above 5900 mark once again. Broking house Religare expects to see some correction...
  • Maruti Q4 net profit rises 79 pc to Rs 1,148 crore April 26, 2013

    New Delhi: Country's largest car maker Maruti Suzuki India on Thursday reported 79.4 per cent jump in its standalone net profit for the quarter ended March 31 at Rs 1,147.5 crore, mainly on the account of good sales of models like Ertiga, DZire and Swift. The company had registered a...
  • Motorola Mobility now less of a burden for Google April 20, 2013

    San Francisco: Google's latest quarterly results provided further proof that the Internet search leader is figuring out how to make more money as Web surfers migrate from personal computers to mobile devices. The first-quarter numbers released Thursday show that a recent decline in Google's average ad prices is easing. That's an...
  • Microsoft to launch new small Windows-powered touch-screen devices April 20, 2013

    New York: Microsoft is working with manufacturers to produce a line of small touch-screen devices powered by Windows, apparently intended to compete with 7-inch tablets like the iPad Mini and Amazon Kindle Fire. Peter Klein, Microsoft's chief financial officer, told investors and analysts on a conference call Thursday that the new...
  • TCS shares fall 2 per cent ahead of Q4 results April 17, 2013

    Mumbai: Shares of IT major Tata Consultancy Services (TCS) on Wednesday fell by nearly 2 per cent ahead of its quarterly results, to be announced later in the day. After falling 3.55 per cent during the day, shares of TCS finally ended at Rs 1,459.20, down 1.73 per cent from...
  • SBI third-quarter net rises 4 per cent February 14, 2013

    Mumbai: State Bank of India, the country's biggest lender, reported a 4 per cent gain in quarterly net profit, the smallest increase in more than a year, as higher provisions for bad loans and slower loan demand hurt growth. Standalone net profit rose to Rs 3396 crore for the quarter ended...
  • Apple earnings need to overcome technical malaise: Analysis January 20, 2013

    New York: To those who study technical stock charts, Apple Inc looks broken. Even though it is widely viewed to be undervalued after hitting an 11-month low this week and nine out of 10 brokerages recommend that investors buy or hold the stock, Apple shareholders could still be in for more...
  • TV18, Network18 turn corner with Q3 profits January 19, 2013

    New Delhi: Network18 Media and Investments reported a net profit at the consolidated level for the December quarter, led by strong performances in its broadcasting and digital businesses while TV18 Broadcast turned corner during the quarter driven by strong growth in broadcasting and distribution revenues. Network18's net profit stood at...
  • Infosys upgraded, not all convinced on turnaround January 14, 2013

    Bangalore: A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 per cent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters. Infosys shares extended their rally on...
  • Facebook revenue growth skids, shares plunge July 27, 2012

    San Francisco: Facebook reported a drastic slowdown in revenue growth and failed to offer financial forecasts to quell fears about its ability to boost advertising growth, sending its shares plummeting to a record low. In its inaugural earnings report since becoming the first American company to debut with a value of...
  • Wait for iPhone 5 may hit Apple earnings July 23, 2012

    San Francisco: Apple Inc faces an unusual phenomenon when reporting earnings this time around: low expectations. Few are expecting the world's most valuable technology company - which surpasses Wall Street expectations with near regularity - to deliver a bumper quarter once more on Tuesday. The main reason: consumers holding out for the...
  • TCS gains on earnings; Infosys extends falls July 13, 2012

    Mumbai: Shares in Tata Consultancy Services were up 2.3 per cent on Friday after its quarterly profit exceeded forecasts, while Infosys fell after cutting its sales guidance by more than expected. The contrasting performances by India's two biggest software services exporters tracked their earnings results out on Thursday. Infosys shares were down...
  • TCS reports 38 pc rise in Q1 net profit July 13, 2012

    Mumbai: India's top software services provider Tata Consultancy Services reported slightly better-than-expected results for April-June, a stark contrast to its rival and number two Infosys, which had earlier in the day disappointed the street with a lower-than-expected quarterly profit and cut its full year US dollar revenue guidance sharply. TCS first...
  • Moody's downgrades Nokia to junk status June 16, 2012

    Helsinki: Moody's ratings agency has downgraded Nokia Corp's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs, and says the outlook remains negative. The agency has lowered the Finnish company's long-term senior unsecured ratings...
  • TCS shares surge after upbeat Q4 earnings April 24, 2012

    Mumbai: Tata Consultancy Services Ltd shares surged on Tuesday as much as 9.6 per cent after posting a 23 per cent rise in its fiscal fourth quarter profit and giving a relatively upbeat outlook. TCS's results, which came after the market closed on Monday, were seen as a sign it may...
  • Infosys to declare its Q4 earnings today April 13, 2012

    New Delhi: The IT giant Infosys is set to declare its fourth Quarter results earnings on Friday. While analysts expect muted growth, the earnings season for Indian IT firms comes amid improving macro-economic stability in the US and European markets. Worldwide IT spending is forecast to increase 2.5 per cent in...
  • Modest opening for 'Ek Main Aur Ekk Tu' February 14, 2012

    Made on a budget of Rs 28 crore, the film collected Rs 5.25 crore on Friday and saw a steady increase over the next two days. ...
  • Sanchez Vicario blames parents for $60m loss February 9, 2012

    Madrid: Tennis great Arantxa Sanchez Vicario has blamed her parents for losing an estimated €45 million ($60 million) in career earnings through mismanagement. The 40-year-old Sanchez Vicario let loose against her whole family in a book of memoirs published on Tuesday. She says she does not speak to her parents or...
  • Railways earnings up by 10.41 per cent February 7, 2012

    New Delhi: The Indian Railways has earned Rs 84,155.40 crore during April 2011-January 2012 period as against Rs 76,223.07 cr during the same period last year, registering an increase of 10.41 per cent. The total goods earnings have gone up from Rs 50,916.21 cr during April 2010-January 2011 to Rs 56,247.30...
  • Beyonce is highest paid performer per minute November 12, 2011

    London: Beyonce Knowles has been named the highest earning entertainer in the world who charges per minute for appearing on the stage. The 'Love on Top' singer topped a poll by social media website saucytime.com by earning 1.25 million pounds for a five-song performance at a private New Year's Eve 2010...