Google propels Nasdaq to another record high close

Last Updated: Saturday, July 18, 2015, 09:35

A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.

Ericsson Q2 profit beats forecasts as Networks margin shines

Last Updated: Friday, July 17, 2015, 14:59

Mobile telecom equipment maker Ericsson said its North American mobile broadband business had stabilised as its posted second-quarter sales and operating profit above market expectations on Friday, boosted by its Networks business.

Google profit beats forecasts for first time in six quarters

Last Updated: Friday, July 17, 2015, 09:56

Google Inc posted a better-than-expected profit for the first time in the last six quarters, as advertising revenue jumped for the largest Web search engine, lifting its stock about 10 percent on Thursday.

Netflix revenue boosted by strong subscriber growth

Last Updated: Thursday, July 16, 2015, 09:27

Netflix Inc reported a 22.7 percent jump in quarterly revenue as the video streaming service provider added more net subscribers worldwide than its expectations.

Intel's quarterly revenue edges past estimates

Last Updated: Thursday, July 16, 2015, 09:26

Intel Corp reported quarterly revenue slightly above analysts` expectations on Wednesday, as growth in its data centres and Internet-of-Things businesses helped offset weak demand for personal computers that use the company`s chips.

Indirect tax collections pace up, grow 37.5% in April-June

Last Updated: Saturday, July 11, 2015, 10:58

IIP data showed that the growth in factory output in the first two months of the fiscal was 3 percent as against 4.6 percent in April-May of 2014-15.

Tata Motors says to double defence revenues over next three years

Last Updated: Friday, July 10, 2015, 16:07

Tata Motors Ltd plans to double the revenue from its defence business over the next three years to $600 million, betting on the government`s push for more local defence manufacturing, a top company official said on Friday.

TCS shares down 2% post Q1 results

Last Updated: Friday, July 10, 2015, 12:27

The bellwether stock fell by 1.87 percent to Rs 2,474 even after a positive opening on BSE.

'Compliance window not revenue mobilisation measure'

Last Updated: Sunday, July 5, 2015, 14:42

The one-time compliance window provided to undisclosed foreign asset holders to come clean under the black money law is not a revenue mobilisation exercise, Revenue Secretary Shaktikanta Das has said.

Govt to provide roadmap for ending corporate tax exemptions in 45 days

Last Updated: Wednesday, July 1, 2015, 10:51

A road map to eliminate all tax exemptions and incentives for corporates will be unveiled in the next 45 days as a prelude to lowering of corporate tax rate to 25 percent over a four-year period, Revenue Secretary Shaktikanta Das Wednesday said.

Hotel industry to see modest 6% growth in FY16: ICRA

Last Updated: Tuesday, June 30, 2015, 19:26

The revenue growth for the industry is expected to remain weak in the first half of 2015 with a growth rate of just 3 to 4 per cent and operating margins are likely to be flat, it said.