Mumbai: Lending major Axis Bank on Thursday reported a net loss of Rs 2,100 crore for the fourth quarter (Q4) of 2017-18. According to the lender, this was from a net profit of Rs 1,225 crore reported for the corresponding period of last fiscal. However, the bank’s net interest income (NII) inched-up to Rs 4,730 […]
Seoul: Samsung’s operating profit is forecast to reach a record 15.5 trillion won ($13.6 billion) in the fourth quarter of 2017, a market researcher said on Sunday. The report by FnGuide Inc, which was based on the assessment made by 23 local brokerages, showed the average market consensus surging past the original estimate of 13.7 […]
San Francisco: Twitter on Thursday announced that its revenues for the fourth quarter of 2018 has hit $909 million, growing 24 per cent year on year and beating market estimates of about $868 million. The 2018 revenue rose 25 per cent year on year to exceed $3 billion, while its net income was $1.2 billion, […]
San Francisco: Apple captured 51 per cent share of a record 18 million smartwatch shipments worldwide in the fourth quarter of 2018, a new report has said. The global smartwatch shipments hit an all-time high of 45 million units in 2018, said the market research firm Strategy Analytics on Wednesday. Apple shipped 9.2 million smartwatches […]
New Delhi: Automobile major Maruti Suzuki on Thursday reported a decline of 4.6 per cent in its net profit for the fourth quarter of 2018-19. According to the company, net profit in the quarter under review stood at Rs 1,795.6 crore as compared to the corresponding period of the previous fiscal. The company cited factors […]
New Delhi: Automobile major Maruti Suzuki India on Tuesday reported a decline of 17.2 per cent in its total sales including exports for April. According to Maruti Suzuki India, a total of 143,245 units were sold last month, compared to 172,986 units’ off-take recorded during the corresponding period of the last financial year. The company’s domestic […]
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