Revenue | The Asian Age

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Microsoft's profit in the fiscal fourth quarter that ended June 30 was helped by at USD 2.6 billion tax benefit.

Profit soars for Microsoft fueled by cloud, business services

Microsoft shares rose 1.4 per cent to USD 138.35 in after-market trading that followed release of the earnings figures.

19 Jul 2019 8:31 AM

The bank had posted a net profit of Rs 1,035.72 crore in the corresponding period of the preceding fiscal ended March 2019.

IndusInd Bank Q1 net jumps 38 per cent at Rs 1,433 crore

Total income grew to Rs 8,624.62 crore during the June quarter of 2019-20 under review, as against Rs 6,369.75 crore.

12 Jul 2019 4:29 PM

The company's co-promoters Rakesh Gangwal and Rahul Bhatia are locked in a bitter battle, with the former seeking intervention of markets regulator Sebi to address the problems.

IndiGo shares plunge 10 per cent in early trade

The scrip dropped to Rs 1,409.20 on the BSE in early trade. On the NSE it fell to Rs 1,409.70.

10 Jul 2019 10:11 AM

The interactive nature of games makes them different from all other forms of entertainment like film, television, music and theater. (Photo: Pixabay)

Skill gaming industry: The road ahead

The cost of playing online games have plummeted, thanks to affordable internet connectivity.

08 Jul 2019 12:16 PM

The collection from the sector in the last fiscal fell short of Rs 9,416.42 crore at Rs 39,245 crore from the budgeted provision of Rs 48,661.42 crore.

Budget 2019: Govt enhances revenue collection from telecom sector to Rs 50,519 cr

Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.

05 Jul 2019 3:43 PM

Reliance Industries Ltd has an outstanding debt of more than Rs 2.87 trillion till 31st March. (Photo: AFP)

Reliance to infuse Rs 20,000 cr in RJio to fuel broadband, 5G services: report

In the March quarter of FY 2018-19, Jio’s net profit rose over four times to Rs 2,964 crore, from Rs 723 cr in 2017-18.

20 Jun 2019 12:39 PM

lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.

Investors continue to dump Jet Airways shares; further tank 15 per cent

Harried bankers on Monday decided against an outright sale of Jet Airways to the lone bidder.

18 Jun 2019 12:47 PM

The cash-starved airline suspended operations in April.

Jet Airways shares continue to face massive selling pressure; tumble over 18 pc

At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

17 Jun 2019 12:36 PM

Vedanta lost USD 200 mn in profits in one year of Tuticorin plant shutdown: Agarwal

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter.

17 Jun 2019 11:02 AM

Turnover of the co-operative rose by 34 per cent to Rs 27,851.74 cr during 2018-19, from Rs 20,787.55 cr in the previous year.

IFFCO FY19 net profit down 10 pc at Rs 841 cr, turnover up 34 pc at Rs 27,852 cr

IFFCO's total production of fertilisers increased to 81.49 lakh tonnes last fiscal year, from 78.71 lakh tonnes.

14 Jun 2019 12:57 PM

The scrip plummeted 23.18 per cent to hit a multi-year low of Rs 84.80 on the BSE. (Photo: Twitter | @jetairways)

Jet Airways shares tank over 23 pc after bourses announce trading restrictions

Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28.

13 Jun 2019 12:15 PM

Tobacco contributes a major percentage of the total value of commercial crops in India generating huge socio- economic benefits in terms of agricultural employment, farm incomes, revenue generation and foreign exchange earnings. (Photo: File)

Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore annually.

05 Jun 2019 5:55 PM

The Kolkata-based lender registered a loss of Rs 4,674 crore in 2017-18 and a loss of Rs 279 crore during 2016-17.

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs 4,000 cr fund raise

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

05 Jun 2019 1:35 PM

Bajaj Auto sales rise 3 per cent in May to 4.19 lakh units

Exports stood at 1,83,411 units in the previous month as against 1,82,419 units in the same month of 2018.

03 Jun 2019 12:03 PM

The bank has a capital base of Rs 893 crore and more than 2,000 people employees.

ESAF Small Finance Bank net profits soar by 234 per cent

The net profit stood at Rs 90.28 crore against Rs 26.99 crore in the previous year.

01 Jun 2019 6:09 PM

The company's food delivery service, Uber Eats, registered growth by generating over USD 536 million.

Uber records USD 3.1 billion revenue in Q1 2019

Uber earned USD 3.1 billion in revenue for Q1, 2019, a 20 per cent increase from the same period last year.

01 Jun 2019 11:10 AM

Overall, incentives paid to drivers more than doubled from a year earlier, outpacing revenue growth, as the company invested in its growing food delivery service, Uber Eats. (Photo: AP)

Uber loses USD 1 billion in quarter as costs grow for drivers, food delivery

Revenue of USD 3.1 billion matched the high end of the range Uber forecast for the quarter and the loss of USD1.0 billion.

31 May 2019 11:51 AM

Airtel had announced the rights issue to raise up to Rs 25,000 crore through issuance of fully paid-up shares at a price of Rs 220 per share. (Photo: PTI)

Bharti Telecom stake in Airtel comes down to 41.24 per cent

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

29 May 2019 9:25 AM

The bank witnessed improvement with the gross NPAs reducing to 15.50 per cent of gross advances at end of March 2019.

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM

Interglobe shares set a record closing high, up 2.5 per cent at 1,662.15 rupees in a broader Mumbai market which ended up 0.7 per cent.

IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe’s profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM

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Dilip Cherian