Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge
Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs reported a big drop in earnings Wednesday as hefty legal expenses and lower trading revenues more than offset the gains from strong merger advising activity.

NDMC seeks to boost revenue through tax assessment revision?

The outstanding cases for ex-parte cases per zone are City (110), Sadar Pahargaj (603), Karol Bagh (1,030), Civil Lines (3,094), Rohini (15,169) and Narela (4,621), total adding up to 24,627 cases, the NDMC said.

Fiscal deficit hits 68% of Budget estimate in first half
Fiscal deficit hits 68% of Budget estimate in first half

The fiscal deficit is the gap between expenditure and revenue.

India to meet fiscal targets despite revenue drop: BofA-ML
India to meet fiscal targets despite revenue drop: BofA-ML

Government is likely to meet its fiscal deficit target this year despite risks of shortfall in tax collection and disinvestment proceeds, as it may go for a small reduction in public spending, says a report.

Corporate revenues likely to grow only 1.6% in Sept quarter: Crisil
Corporate revenues likely to grow only 1.6% in Sept quarter: Crisil

Corporate revenues are likely to grow by a meagre 1.6 percent for the quarter ended September, which will be the fifth consecutive quarter of single-digit growth, Crisil Research said Wednesday.

Force Motors targets Rs 3,000 cr revenue in 3 years

Pune-based Force Motors expects to triple its revenue to Rs 3,000 crore in next three years driven by its contract manufacturing business for leading automobile companies like Mercedes Benz and BMW.

IBM revenue falls for 13th straight quarter; shares dip

International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.

Morgan Stanley beats estimates as trading revenue jumps

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

BlackBerry first-quarter software revenue jumps, shares soar

BlackBerry Ltd said on Tuesday its revenue slide began to ease and its turnaround gained traction as revenue from its crucial software segment rose in the first quarter, sending its shares soaring 8.6 percent.

Vodafone India's FY'15 revenue up 12% at Rs 42,526 cr

Vodafone India Tuesday reported 12.6 percent jump in total revenue at Rs 42,526 crore for the fiscal ended March 2015 on the back of customer additions and robust data growth.

RBI says states could tax e-tailers to shore up revenue

The Reserve Bank Tuesday made a case for more clarity on taxing the sunshine e-commerce sector, which has been seeing high valuations and frenetic activities, saying doing so will help bolster their finances.

Cognizant Q1 Net up 9.7%; ups revenue forecast for 2015

IT services major Cognizant Monday said its net profit has increased 9.7 percent to USD 382.9 million for the quarter ended March 31, 2015.

Expedia first-quarter profit tops expectations

Expedia Inc on Thursday reported a first-quarter profit that exceeded analysts` expectations as it earned more money from people outside the United States booking travel despite currency fluctuations.

Govt gets Rs 5,814 cr revenue from AAI in 4 years

The government has received more than Rs 5,814 crore from the Airports Authority of India (AAI) in the last four financial years, Lok Sabha was informed Monday.

Morgan Stanley profit jumps 60% on higher trading revenue

Wall Street investment bank Morgan Stanley reported a 60 percent rise in quarterly profit, boosted by higher revenue from trading bonds and equities.

FIIs should go to courts against tax demand: Revenue Secy

"If you are not satisfied with a particular judicial pronouncement, the answer is to go and appeal to a next higher judicial forum," he said.

Mindtree Q4 net surges 31%, pegs FY16 revenue growth at 12-14%

Mid-sized software services firm Mindtree today reported a 31 percent growth in consolidated net profit at Rs 128.7 crore for the quarter ended March 31, 2015, driven by expansion in business across all platforms.

Sushil Modi attacks JD(U) over sharp fall in revenue generation

Apparently leaving no opportunity to find fault with the JD(U), former Bihar Deputy Chief Minister Sushil Kumar Modi on Sunday attacked the state government over the sharp fall in revenue collection after the ruling party broke away with the BJP in 2013.

FIFA announces $2 billion revenue for 2014
FIFA announces $2 billion revenue for 2014

FIFA raked in more than $2 billion in revenue in 2014 while its rainy day cash reserves rose to $1.523 billion, soccer`s governing body said in its annual financial report on Friday. 

Aditya Birla fabric unit eyes Rs 1,000 cr revenue in 2 yrs

Leading linen fabric-maker Jaya Shree Textiles, a unit of Aditya Birla Nuvo, is aiming at Rs 1,000 crore revenue from its linen, yarn and fabric business in next two years.