Tag: Revenue

San Francisco: Despite slow iPhone sales, Apple is racing ahead to become the world’s first trillion-dollar company as it posted revenue of $53.3 billion in its fiscal third quarter — an increase of 17 per cent from the year-ago quarter. International sales accounted for 60 per cent of the quarter’s revenue, the Cupertino-based giant said […]

New Delhi: The Income Tax Department now ranks among the top three “revenue-earners” of the central government and there is still a huge potential for growth, a top IT official has said. Principal Chief Commissioner of Income Tax, (PR-CCIT) Pune, Vinodanand Jha said in a statement released on Saturday that there was a huge possibility […]

San Francisco: Buoyed by iPhone sales in the holiday season, Apple posted a record revenue of $88.3 billion — a 13 per cent increase from a year-ago — for the first quarter of fiscal 2018 that ended on December 30. According to the company, it now has 1.3 billion active installed base of devices globally. […]

Bhubaneswar: The revenue generation of Odisha by the end of December of the current financial year 2017-18 increased 23.33 per cent over the last fiscal, said an official on Tuesday. Fiscal performances of the state showed an overall increase of around 23.33 per cent in revenue generation from both the own tax and non-tax resources […]

New Delhi: Global software major HCL Technologies Ltd, which posted double-digit net profit and revenue growth for the fourth quarter (Q4) and fiscal 2016-17, on Thursday projected flat revenue growth for fiscal 2017-18 in dollar terms. “Revenue for fiscal 2017-18 (FY 2018) is expected to grow 9.9-11.9 per cent year-on-year (YoY) as compared to 11.9 […]

New Delhi: Adoption of advanced business digital technologies can lead to increase in revenues by up to 27 per cent, increase in employment by up to 84 per cent, and enhanced access to international markets by up to 65 per cent for small and medium businesses (SMBs), said a joint study by Assocham-Deloitte. “Digital infrastructure can […]

Bhubaneswar: Projecting 8 to 8.5 per cent growth rate in the next fiscal, Odisha’s finance minister Pradip Kumar Amat today presented the budget for 2017-18 with an outlay of Rs 1,06,911 crore, which is about 13.7 per cent more than allocated in the last budget. “We propose an outylay of Rs 1,06,911 crore for 2017-18 […]

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, […]

Bhubaneswar: With an increase in revenue collection, Odisha government is expected to present a bigger state budget and the size is expected to increase by least 10 percent this year. Amid such a scenario, all eyes are on the state’s dependency on market borrowings which are also expected to increase. The pre-budget consultations chaired by […]

By Ashutosh Mishra Bhubaneswar: Ecotourism is the buzzword. Odisha government, too, seems keen to make the most of it having set aside Rs 7.7 crore in the current budget for infrastructure development at ecotourism sites. This sector has tremendous potential for revenue generation and the best thing about it is that local communities have a […]