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China's Xiaomi boosts shares with USD 1.5 billion buyback plan

Xiaomi's market share in China declined by a fifth in the April-June quarter

3 Sept 2019 10:30 AM IST

Facebook said in an emailed statement that it was evaluating its legal options regarding the case. (Photo: AP)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM IST

Japans fourth-largest automaker posted an operating profit of 51.8 billion yen (USD 471.34 million) for the October-December quarter.

Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India...

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

7 Feb 2020 1:01 PM IST

Bharti Airtel reports fourth-quarter loss of 52.37 billion rupees. (PTI Photo)

Bharti Airtel reports fourth-quarter loss of Rs 52.37 billion

Bharti Airtel seen an increase in data traffic during Covid-19 pandemic

19 May 2020 9:18 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank's net loss widens to Rs 5,663 crore in Q4

The bank had reported a net loss of Rs 3,199.77 crore in the corresponding January-March quarter of 2016-17.

25 May 2018 4:02 PM IST

Revenue rose 11 per cent to $10.6 billion, bringing its full year revenue to a 3-year high of $45 billion.

China's Lenovo swings to biggest loss in almost a decade

Lenovo's total loss for the year ending in March was $189 million, down from a profit of $535 million a year ago.

24 May 2018 10:24 AM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL fourth-quarter profit falls nearly 4 per cent

Net profit was 17.48 billion rupees in the three months ended March 31, compared with 18.19 billion rupees.

23 May 2018 8:30 AM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

Before mega scam, PNB lost USD 431 mn to fraud last fiscal year

Punjab National Bank alone reported 158 cases of fraud in 2016-17.

10 March 2018 10:24 AM IST

Fraudsters use a call center for data mining and account takeovers for example, by changing an account password or customer address and this becomes a launching point for cross-channel attacks.

Get control of call center fraud with machine learning, analytics

Call center fraud is a large and growing problem.

13 Dec 2018 1:41 PM IST

Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India.

Indian Overseas Bank's Q4 net loss widens to Rs 3,606.73 cr

Shares of Indian Overseas Bank were trading 2.40 per cent lower at Rs 16.25 apiece on BSE.

30 May 2018 9:55 AM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Coal India Q4 profit plunges 52 pc on higher expenses

Coal production rose to 183.45 million tonnes from 176.37 million tonnes a year earlier.

29 May 2018 4:26 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

21 PSBs lost Rs 25,775 crore to frauds in FY18

RBI in its reply on May 15 did not specify details of any particular case of banking fraud.

29 May 2018 8:45 AM IST