Jet Airways flies into black with Rs 226-crore net profit

Last Updated: Friday, August 14, 2015, 16:48

Bolstered by higher revenues and rise in passenger traffic, Jet Airways on Friday reported a consolidated net profit of Rs 226.4 crore for the three months ended June.

City Union Bank Q1 net up 12% at Rs 112 crore

Last Updated: Wednesday, August 12, 2015, 14:07

City Union Bank on Wednesday reported over 12 percent rise in its standalone net profit at Rs 111.56 crore during the first quarter ended June, 2015.

Celebs taking to twitter- Are there big bucks behind it?

Last Updated: Wednesday, August 12, 2015, 13:38

The celebrities get paid anything between Rs 1 and 5 lakh per tweet endorsement.

Indirect tax revenue surges 37% to Rs 2.1 lakh crore in Apr-Jul

Last Updated: Tuesday, August 11, 2015, 16:01

Indirect tax revenue jumped over 37 percent to over Rs 2.1 lakh crore during April-July period of current fiscal, on the back of higher excise collections.

India, US resolve 35 transfer pricing disputes in IT sector

Last Updated: Thursday, August 6, 2015, 18:03

The Revenue Department Thursday said 35 transfer pricing disputes between India and the US in different segments of Information Technology (IT) have been resolved and another 100 are likely to be settled in the next three months.

Cognizant Q2 net profit rises to $420.1 mn; revenue at $3.09 bn

Last Updated: Wednesday, August 5, 2015, 17:24

IT services provider Cognizant Technology Solutions Corp reported quarterly revenue and profit above analysts` expectations, helped by higher spending by clients in North America, especially in the healthcare and financial sectors.

Government hopes RBI will cut interest rate in September

Last Updated: Tuesday, August 4, 2015, 21:26

With inflation under control, the government hopes that RBI, which has maintained status quo in Tuesday's monetary policy review, will cut interest rate next month to boost much-needed investments and growth.

Revenue from taxes on diesel, petrol at Rs 75,441 cr in FY15

Last Updated: Friday, July 31, 2015, 17:50

Government's revenue collection from taxes on petrol and diesel rose to Rs 75,441 crore in 2014-15, a rise of over 60 percent from 2012-13, Parliament was informed on Friday.

Fiat Chrysler raises outlook as Q2 profit jumps 70%

Last Updated: Thursday, July 30, 2015, 21:51

Fiat Chrysler Automobiles on Thursday raised its revenue forecast after strong sales in North American and a recovery in the European market boosted second-quarter profits by 70 percent.

AAI revenue rose 10% to Rs 2,150 cr last fiscal

Last Updated: Thursday, July 30, 2015, 18:52

AAI manages some 125 airports in different parts of the country.

Facebook profit falls 9% as costs soar

Last Updated: Thursday, July 30, 2015, 08:51

The company had warned that 2015 would be a year of heavy investment, but analysts have said this is likely to translate into significant revenue streams in coming years.