Tech Mahindra gets forex push, net up 7% at Rs 676 crore

Last Updated: Monday, July 27, 2015, 20:16

The fifth-largest software exporter Tech Mahindra on Monday reported a 7.2 percent growth in June quarter net profit at Rs 676 crore, helped by forex gains flowing from depreciation of the rupee.

Ryanair says Q1 profits climb

Last Updated: Monday, July 27, 2015, 12:30

Revenue swelled ten percent to 1.653 billion euros in the same period, and passenger numbers gained 16 percent to 28 million customers.

Govt to hold consultations on P-notes, no decision yet: Revenue Secretary

Last Updated: Monday, July 27, 2015, 11:09

The Supreme Court-appointed SIT on black money last week recommended a host of measures, including suggesting the securities regulator SEBI to tighten norms related to participatory notes investments into India.

Indian Overseas Bank Q1 net down 94.56% at Rs 14.76 crore

Last Updated: Saturday, July 25, 2015, 15:32

Indian Overseas Bank (IOB) today reported 94.56 percent decline in net profit at Rs 14.76 crore for the quarter ended June 30, 2015, compared to the same period last year, on sharp increase in provisioning for bad loans.

Coca-Cola earnings rise despite dollar drag

Last Updated: Wednesday, July 22, 2015, 18:25

Coca-Cola reported higher quarterly profits Wednesday as increased sales in North America offset lower revenues overseas due in part to the strong dollar.

Force Motors targets Rs 3,000 cr revenue in 3 years

Last Updated: Tuesday, July 21, 2015, 21:29

Pune-based Force Motors expects to triple its revenue to Rs 3,000 crore in next three years driven by its contract manufacturing business for leading automobile companies like Mercedes Benz and BMW.

Infosys consolidated profit surges 4.9% to Rs 3,030 cr

Last Updated: Tuesday, July 21, 2015, 09:33

India's second largest software services firm Infosys on Tuesday reported a 4.9 percent increase in its consolidated profit at Rs 3,030 crore for the April-June quarter.

IBM revenue falls for 13th straight quarter, shares dip

Last Updated: Tuesday, July 21, 2015, 09:16

Shares of the world`s largest technology services company fell about 5 percent in after-market trading on Monday.

IBM revenue falls for 13th straight quarter; shares dip

Last Updated: Tuesday, July 21, 2015, 03:34

International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.

Morgan Stanley beats estimates as trading revenue jumps

Last Updated: Monday, July 20, 2015, 18:17

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

Swiftkey in talks with handset makers to expand India biz

Last Updated: Sunday, July 19, 2015, 15:05

Swiftkey is in talks with handset makers in the country to pre-embed its keyboard app on devices as the UK-based firm eyes aggressive expansion in one of the world's largest smartphone market.

'Place of Supply' rules for e-commerce under GST on anvil

Last Updated: Sunday, July 19, 2015, 15:02

As part of GST roll out, the Revenue Department will prepare 'Place of Supply' rules that will comprehensively cover taxation of e-commerce, an official said.