Search Results for: Adjusted Gross Revenue

ICICI Bank Net Profit Rises 17% to $440 Million

ICICI's net profit for its fiscal first quarter rose to 26.55 billion rupees ($440 million) with a 17 percent rise.

Jul 31, 2014

Twitter User Growth, Shares Surge Following 2014 FIFA World Cup

Microblogging site Twitter Inc. on Tuesday posted strong results across the board on the second quarter.

Jul 30, 2014

Online Retailer Amazon to Invest $2 Billion More in India

US-based online retailer Amazon announced plans to invest $2 billion more in India on Wednesday

Jul 30, 2014

Flipkart Raises $1 Billion, Aims to Become E-tailer of Future

Flipkart on Tuesday announced funding worth $1 billion with a goal to become the mobile e-tailer of the future.

Jul 30, 2014

ITC Stocks Surge on Demand for Cigarettes, Consumer Goods

ITC Ltd, the largest cigarette maker in India, announced on Tuesday that it has recorded a net profit of 16 percent and over 25 percent rise in the first quarter sales, which ended on 30 June.

Jul 29, 2014

a-trader-works-at-a-stock-brokerage-in-ahmedabad-november-26-2010

Indian Shares Fall to One-Week Closing Low

Indian stocks fell to a one-week closing low as profit taking of a few companies affected the sentiments of investors on Tuesday.

Jul 29, 2014

'Vikramadithyan' Box Office: Earns ₹3.10 Crore in 3 Days in Kerala, All Set to Make it Big this Festive Season

Malayalam film "Vikramadithyan" is all set to make it big this festive season.

Jul 28, 2014

How to be a Popular YouTuber and Make Money

Many youngsters are turning to make videos on YouTube instead of a day job, a few tips on the same.

Jul 28, 2014

BJP-led Government Promises Low and Stable Tax

The BJP-led government on Friday promised to bring stability and simplification in tax administration with an aim to win back investors' confidence and stimulate economic growth.

Jul 26, 2014

Biocon reports marginal revenue for first quarter of current fiscal

Bangalore, July 26 (ANI): Biotechnology major, Biocon Ltd, reported revenue of nearly 3.5 percent and a net profit of only 10 percent for the fiscal 2014-2015. Chairperson of Biocon Ltd, Kiran Mazumdar Shaw, while addressing a news conference in Bangalore said the biopharma sales were slow this quarter as compared to the previous quarters. Shaw said ongoing crisis in Middle East might have been a major reason for reduction in revenues for the biopharma and said they are looking at other global markets to compensate for the same.

Jul 26, 2014

Sensex, Nifty Fall on Profit Taking

Nifty fell on Friday after hitting a record high for a third straight day as investors took profits in blue-chips, such as ICICI bank, whereas IT stocks declined after Wipro's US Dollar revenue growth lagged rivals.

Jul 25, 2014

Wipro posts fiscal Q1 profit up 29.6 percent

Bangalore, July 25 (ANI): India_s third-biggest IT services exporter, Wipro Limited posted fiscal first-quarter profit up 29.6 percent and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients. IT services revenue in Wipro_s fiscal first quarter that ended on June 30 rose 1.2 percent from the previous quarter to $1.7 billion, as it added 35 new clients. Consolidated net profit for the quarter grew 29.6 percent from a year earlier to 21.03 billion rupees, slightly below consensus estimates of 21.24 billion rupees. Total revenue rose 14 percent from a year earlier to 111.4 billion rupees.

Jul 25, 2014