FB set to launch mobile ad network to boost revenues

Facebook will soon launch a mobile advertising network that will control its database of user information to provide better targeted ads.

F1 revenues set to double by 2016: Report

Annual revenue from Formula One`s commercial rights is set to double in the next five years.

Panasonic eyes $1 bn revenue from India; to enter auto segment

Consumer durables major Panasonic today said it is aiming for a billion-dollar revenue from its India operations by 2012 and is looking to foray into the automobile sector.

Axis Q3 net up 31% on strong NII, fee income

Buoyed by healthy growth in its net interest income (NII) and fee-based revenue, private sector lender Axis Bank today announced 31 per cent jump in its net profit in third quarter of this fiscal at Rs 656 crore.

Samsung`s revenue from India likely to double this year

Electronic goods manufacturer Samsung Electronics expects to double its revenue from the Indian market to Rs 200-crore in the digital imaging portfolio segment in the current year, a top company official said.

Despite 44.21-mn more users, telcos` revenue drops in Q2

The telecom industry added a massive 44.21 million new subscribers in the quarter ended September 2009, while the gross revenue of the operators has slipped marginally by 0.65 percent.

HP Q3 profit plunges 19%; sees stabilising biz

Technology major Hewlett Packard has reported a 19 percent drop in third-quarter profit at USD 1.64 billion mainly on account of lower revenues from personal computer and printer segments.

NIIT Tech Q1 net down 50%, revenues plummet 11%

IT firm NIIT Technologies on Tuesday said it has reported a 50 per cent dip in its net profit for the first quarter ended June on hedging losses and a challenging business environment.