Amazon surprises with quarterly profit, stock rallies

Last Updated: Friday, July 24, 2015, 09:06

Amazon.com Inc swung to an unexpected quarterly profit on higher sales in North America, its popular Prime subscription service and growing demand for its Web services, sending the online retailer`s shares up more than 17 percent.

GM earnings more than double on US truck demand; shares jump

Last Updated: Friday, July 24, 2015, 09:03

General Motors Co shares rose about 4 percent on Thursday after the automaker reported adjusted net income that more than doubled in the second quarter, driven by North American truck sales and continued strength in China.

Airtel likely to launch 4G in North East in 2-3 months

Last Updated: Thursday, July 9, 2015, 16:02

The company started the testing about two months back and is emphasising on this entire process so that customers do not face any issue once the facility is introduced, he added.

Unitech raises Rs 70 cr from Piramal group for Chennai project

Last Updated: Sunday, June 28, 2015, 16:10

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

Coal scam: Manmohan Singh took final decision, says ex-coal secretary HC Gupta

Last Updated: Wednesday, May 27, 2015, 18:45

Former Coal Secretary H C Gupta said that Manmohan Singh had the final authority to take decisions.

Steel Strips bags $4.5 mn Canadian order

Last Updated: Wednesday, May 20, 2015, 12:12

SSWL was trading at Rs 322.30 on BSE, up 6.72 percent, from the previous close.

Global oil prices shoot higher

Last Updated: Wednesday, May 13, 2015, 01:06

Global oil prices rebounded sharply on Tuesday on the falling greenback, which makes dollar-priced crude cheaper for buyers using stronger currencies.

Centre announces Rs 20,000-cr road projects for North-East

Last Updated: Saturday, May 2, 2015, 17:51

Currently, Rs 31,025 crore worth of roads running into over 3,700 km are under development, which are being constructed by 10 players through 104 projects.

Amazon revenue beats forecast, cloud computing more profitable than expected

Last Updated: Friday, April 24, 2015, 06:08

Amazon.com Inc`s first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7 percent.

Arris to buy British set-top box maker Pace in $2.1 billion deal

Last Updated: Thursday, April 23, 2015, 09:36

Network gear maker Arris Group Inc said it would buy British set-top box maker Pace Plc in a $2.1 billion cash-and-stock deal to expand its operations outside North America.

Japan logs first monthly trade surplus in almost three years

Last Updated: Wednesday, April 22, 2015, 06:46

Japan posted its first trade surplus in nearly three years in March as import bills fell owing to tumbling oil prices while the value of exports to North America soared, data showed Wednesday.