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Wipro Q1 profit up 29.5% as IT spending returns in North America

Wipro Q1 profit up 29.5% as IT spending returns in North America

Last Updated: Thursday, July 24, 2014, 17:39

IT services major Wipro on Thursday reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals in the application and infrastructure space.

CBI registers Preliminary Enquiry against Adani Group

CBI registers Preliminary Enquiry against Adani Group

Last Updated: Thursday, July 24, 2014, 15:10

The Directorate of Revenue Intelligence (DRI) found over valuation and custom evasion.

AT&T revenue misses estimates as promotion weighs on revenue

AT&T revenue misses estimates as promotion weighs on revenue

Last Updated: Thursday, July 24, 2014, 09:14

Revenue rose to $32.6 billion from $32.1 billion in the year-ago quarter.

Qualcomm posts higher quarterly results, outlook weighs

Qualcomm posts higher quarterly results, outlook weighs

Last Updated: Thursday, July 24, 2014, 09:10

Qualcomm had third-quarter net income of $2.24 billion, up 42 percent.

Facebook second quarter revenue increases 61%

Facebook second quarter revenue increases 61%

Last Updated: Thursday, July 24, 2014, 08:57

Overall revenue totaled $2.91 billion in the three months ended June 30, versus $1.81 billion in the year-ago period

Apple posts $37.4 bn in revenue in Q3 despite slump in iPad sales

Last Updated: Wednesday, July 23, 2014, 08:47

Lower-cost phones sold there by up-and-coming rivals such as Xiaomi appeared to be grabbing market share mainly from other companies that rely on Google`s Android software.

Microsoft revenue rises, profit falls as Nokia absorbed

Last Updated: Wednesday, July 23, 2014, 08:41

Microsoft reported quarterly profit of $4.61 billion, or 55 cents per share, compared with $4.96 billion, or 59 cents per share, in the year-ago quarter.

Revenue collection expected to exceed target this fiscal: Jaitley

Last Updated: Monday, July 21, 2014, 12:23

The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal.

Huawei achieves H1 growth of 19% at $21 bn

Last Updated: Monday, July 21, 2014, 12:12

Rapid growth in software and services helped Huawei maintain steady growth in network business.

Ericsson reports Q2 profit leap, beating expectations

Last Updated: Friday, July 18, 2014, 20:09

Swedish telecom equipment maker Ericsson announced on Friday a leap in its second-quarter profits beating analyst expectations.

TCS Q1 Net up 45% to Rs 5,568 cr; revenue up 22% to Rs 22,111 cr

Last Updated: Thursday, July 17, 2014, 18:20

Country's largest software services firm Tata Consultancy Services (TCS) Thursday reported a 45 percent jump in consolidated net profit at Rs 5,568 crore for the first quarter ended June 2014, driven by broad based growth across verticals and geographies.

Centre confident of consensus with states on GST: Revenue Secy

Last Updated: Tuesday, July 15, 2014, 22:11

The Finance Ministry Tuesday expressed the confidence that Centre and States will reach a broad consensus on the proposed Goods and Services Tax (GST) in the current fiscal.