Monday, Oct 19, 2020 | Last Update : 10:02 PM IST

Local residents in Dilsukhnagar pull out a car from a cellar using ropes. — P Surendra pic

Rains submerge 3,000 cellars in Hyderabad

CSK VS RR Match 37, DREAM11 IPL 2020, T-20 Match

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Such scenes were witnessed across the city last week.

Hyderabad lakes breach after record-breaking heavy rains

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Telecom industry revenue expected to rise 14-15% in current fiscal. (PTI Photo)

COAI predicts 14-15% increase in Telecom Industry’s revenues

Kochhar said that financial distress is "evident" and that COAI will continue to push for relief including reduction in SUC and licence fee

30 Aug 2020 4:00 PM

Indian telecom operators revenue grows strongly defying coronavirus, says Fitch. (ANI Photo)

Telecom operators revenue growing strongly defying coronavirus, says Fitch

Data traffic surged by 20 to 30 per cent as the lockdown increased demand for data connectivity

07 Aug 2020 1:55 PM

“Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” Microsot CEO Satya Nadella said. (Photo | Wikimedia Commons - Richard Morgenstein)

Microsoft grows as demand rises during pandemic but profits dip

Chief executive Satya Nadella said Microsoft was equipped to deal with the pandemic with its “integrated, modern technology stack.”

23 Jul 2020 9:10 PM

Chief executive Jack Dorsey said the user gains showed “the highest quarterly year-over-year growth rate we’ve delivered” using this measure. (Photo | Twitter - Jack Dorsey)

Users of Twitter surge but it does not translate to revenue

Revenue slumped 19 percent from a year ago to $683 million.

23 Jul 2020 7:22 PM

Award of new contracts could fall by at least 7-9 per cent in 2021, with manufacturing, travel, airlines, hospitality and retail to be the most adversely hit, Icra said.

IT sector revenues may dip by 3 per cent in FY21: Rating agency Icra

“The sector is expected to grow at -3 per cent - nil in FY21 versus earlier expectation of 6-8 per cent,” the agency said in a report.

13 Jul 2020 8:17 PM

Representative Image. (PTI Photo)

Finance Ministry issues modified circular on salary contribution to PM-CARES Fund

A circular issued on 17 April had urged officers and staff of inance ministry to contribute one-day's salary every month till March 2021

01 May 2020 10:01 AM

The company said consolidated financial results included a provision for impairment in respect of non-current assets and restructuring provisions within the European operations.

Tata Steel slips into red; reports Rs 1228 cr net loss in Oct-Dec

Tata Steel had posted a consolidated net profit of Rs 1,753.07 crore during the same quarter a year ago.

08 Feb 2020 11:18 AM

Japan’s fourth-largest automaker posted an operating profit of 51.8 billion yen (USD 471.34 million) for the October-December quarter.

Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India demand

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

07 Feb 2020 1:02 PM

Despite the fall in income, the company's net profit increased due to an exceptional gain of Rs 231 crore during the December quarter. (Photo: PTI)

DLF Q3 net profit up 24 pc at Rs 414 cr; income down 36 pc at Rs 1,533 cr

Total income fell 36 per cent to Rs 1,533.34 crore in the third quarter of 2019-20 from Rs 2,405.89 crore.

06 Feb 2020 10:45 AM

Pichai had sought to counter slowing revenue growth in the company’s main advertising business by pointing to the Silicon Valley firm’s younger units.

Alphabet shares fall as Google misses on sales

Alphabet has blamed currency exchange rates and its constant tweaking of features, saying that it is not focused on quarterly marks.

04 Feb 2020 12:02 PM

Panasonic, which supplies battery cells for electric vehicles made by Tesla, posted a profit of 100.4 billion yen for Oct-Dec period.

Panasonic third-quarter profit rises 3 per cent, beating estimates

Panasonic maintained its profit forecast for the year through March at 300 billion yen.

03 Feb 2020 1:07 PM

Facebook reported slowest-ever revenue growth for the fourth quarter, at 25 per cent. (Photo: ANI)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:53 AM

Mac (Apple PCs) and iPad generated USD 7.2 billion and USD 6 billion in revenue, respectively, in the quarter under review.

Apple logs double-digit growth in iPhone sales in India in Dec qtr

International sales accounted for 61 per cent of the quarter's revenue.

29 Jan 2020 2:25 PM

These non-major ports had recorded a cargo traffic of 426.53 MT in the April-December period of 2018-19.

Cargo traffic at non-major ports grew 4.8 pc to 447.21 MT in Apr-Dec

Directorate of Ports, Karnataka, recorded a growth of 25 per cent while Gujarat Maritime Board recorded a growth of 4.1 per cent.

29 Jan 2020 12:23 PM

The airline is in the process of replacing the engines in its affected fleet of over 100 planes.

IndiGo cuts capacity growth forecast for second straight quarter

Interglobe said it expects the unit maintenance cost at IndiGo to improve starting fiscal 2021.

28 Jan 2020 11:26 AM

Utilities account for more than 75 per cent of India’s annual coal demand.

Adani Power drives 21 pc jump in Indian utilities' coal imports in 2019

Imports rose to 69.51 million tonnes, the highest level since 2015, data from the Central Electricity Authority showed.

23 Jan 2020 9:33 AM

Hyundai booked a 129.8 billion won loss, its first quarterly loss in at least eight years as sales slumped in China.

Hyundai fourth-quarter profit beats view on brisk SUV sales

Net profit for the quarter came in at 839 billion won, missing analysts’ estimates.

22 Jan 2020 12:54 PM

The stock gained 2.59 per cent to trade at Rs 3,261.30 on the BSE.

HDFC AMC shares rise over 2 pc on strong Q3 results

The company, had a posted a PAT of Rs 243.3 crore in the year-ago period.

22 Jan 2020 12:10 PM

Tesla shares were last up 1.4 per cent at USD 555 after the bell, building on a 7.2 per cent gain. (Photo: AP)

Tesla crosses USD 100 billion stock market valuation in extended trading

Tesla’s market value also puts Musk a step closer to earning the first USD 346 million tranche of options in a record-breaking pay package.

22 Jan 2020 9:40 AM

Revenue at its retail and telecoms units each jumped more than 25 per cent in the December quarter as the company, headed by Asia’s richest man.

Billionaire Ambani's Reliance posts record profit on consumer strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:22 AM

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IPL 2020

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CSK VS RR Match 37, DREAM11 IPL 2020, T-20 Match

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Full Scorecard MI vs KKR Match 32, Mumbai Indians win by 8 wickets DREAM11 IPL 2020, T-20 Match

MI VS KKR Match 32, DREAM11 IPL 2020, T-20 Match

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