LiveTech’s Big Day Stained as Microsoft, Google, TI Fail
US tech stocks stumbled in after-hours trading after a few industry’s main companies reported unsatisfactory results. Google parent Alphabet Inc. fell 7.4% after the third-quarter...
Category : BUSINESS
Adani Group to Invest in Passenger Vehicle Fleets
As the incomes of the subsidiary support the adhesion at Adani Airports in Tier-I cities, the Adani group plans to invest in fleets of passenger...
Ola S1 Air Electric Scooter with 76 Km Range Launched in India
On Monday, Ola launched its Ola S1 Air, the third electric scooter to debut in the country and a more affordable alternative to the Ola...
IDBI Bank Q2 Net Profit Rises 46% to Rs 828 Crore on Loan Growth
Divestment candidate IDBI Bank‘s second-quarter net profit rose 46% to Rs 828 crore on strong loan growth and higher margins amid a marked improvement in...
Vakrangee, Indian Energy Exchange Net Profit Slips 81.97% in Q2FY23
Sales rose 12.97% to Rs 234.07 crore. The net profit of Vakrangee declined 81.97% to Rs 4.82 crore in the second quarter of FY23 compared...
VI Receives Board Approval to Raise Rs 1,600 Crore from ATC Via Equity Convertible Bonds
On Friday, the board of loss-making telecom operator Vodafone Idea approved a proposal to raise up to Rs 1,600 crore from mobile tower firm ATC...
Windfall Tax Effect: Reliance Net Profit Moved Rs 13,656 Crore
On Friday, Mukesh Ambani-led Reliance Industries reported a consolidated net profit for the quarter end of Rs 13,656 crore. The oil-to-telecom conglomerate’s gross sales were...
Pfizer Says COVID-19 Vaccine Will Cost $110-$130 Per Dose
Pfizer will charge $110 to $130 for a dose of its COVID-19 vaccine once the US government stops buying the vaccine, but the drugmaker said...
Verizon Shares Fall 4% After ‘Mixed’ Results
Verizon Communications (NYSE:VZ) reported Q3 EPS (Earnings per Share) of USD 1.32 to beat the analyst estimate of USD 1.29. Revenue for the quarter came...
Snap Shares Fall 30% on Forecast of Zero Revenue Growth
On Friday, Snap Inc (NYSE:SNAP) shares sank nearly 30 per cent in premarket trading after the firm’s forecast of zero revenue growth meant more pain...