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  • Airtel Africa Q1 profit zooms to $142 million amid all-round growth Jul 29, 2021 02:49 PM IST

    Airtel Africa Q1 profit zooms to $142 million amid all-round growth

    Airtel Africa -- which provides telecom and mobile money services, with a presence in 14 countries in Africa -- said that strong revenue growth was recorded in all regions and across key services.

  • Moratorium: 10% provisioning may shave Rs 35,000 crore off bank profits Apr 19, 2020 03:35 PM IST

    Moratorium: 10% provisioning may shave Rs 35,000 crore off bank profits

    The Reserve Bank of India's directive asking banks to make 10 per cent provisions on all moratorium loans will shave at least Rs 35,000 crore off their profitability

  • China's industrial firms post steepest fall in profits in a decade Mar 27, 2020 08:15 AM IST

    China's industrial firms post steepest fall in profits in a decade

    Profits earned by Chinese industrial firms in the first two months dropped 38.3% from a year earlier to 410.7 billion yuan ($58.15 billion), worsening from a 6.3% fall seen in December last year, the National Bureau of Statistics (NBS) data showed. It marked the steepest decline in data going back to 2010.

  • 3 Point Analysis | Indigo Q4 review May 29, 2019 04:09 PM IST

    3 Point Analysis | Indigo Q4 review

    Sakshi Batra does a 3 Point Analysis of Q4 results shares an outlook.

  • To maintain EBITDA margins at 32%, topline 10-15%: Suven Life Nov 25, 2016 09:36 AM IST

    To maintain EBITDA margins at 32%, topline 10-15%: Suven Life

    Venkat Jasti, Chairman and CEO, Suven Life Sciences is confident of maintaining EBITDA margins at 32 percent or more. He is also confident of 10-15 percent topline growth in FY17 and FY18.

  • India Inc Q3 earnings to take demonetisation hit: Report Nov 18, 2016 08:48 AM IST

    India Inc Q3 earnings to take demonetisation hit: Report

    According to an analysis by domestic brokerage firm Motilal Oswal Securities, with low circulation of money, household consumption has taken a hit and caused business across sectors to decline in the range of 30-80 per cent within the first five days of the demonetisation move.

  • BP beats quarterly earnings estimates, trims spending Nov 01, 2016 12:57 PM IST

    BP beats quarterly earnings estimates, trims spending

    BP's underlying replacement cost profit, the company's definition of net income, fell to USD 933 million, compared with USD 780 million expected by analysts and down from USD 1.8 billion a year earlier.

  • Output increasing without demand growth: JSW Steel Oct 27, 2016 08:05 PM IST

    Output increasing without demand growth: JSW Steel

    JSW Steel‘s Joint Managing Director and Group CFO Seshagiri Rao says demand-supply gap impacted domestic prices in the September quarter and that production in India increased during the quarter without an equivalent increase in demand.

  • Cyrus Mistry had plans to exit loss-making businesses Oct 25, 2016 05:45 PM IST

    Cyrus Mistry had plans to exit loss-making businesses

    A day after the ouster of Cyrus Mistry as Chairman of Tata Sons, Prashant Nair from CNBC-TV18 takes a look at Mistry's plan to go after loss-making companies during his innings as Chairman.

  • Banks vulnerable to profit decline amid rising bad loans: IMF Oct 06, 2016 01:52 PM IST

    Banks vulnerable to profit decline amid rising bad loans: IMF

    "Banking systems are vulnerable to further declines in growth or profits, particularly in countries at later stages of the credit cycle (such as India), where slowing credit growth and risks from elevated levels of non-performing loans are most acute," said the International Monetary Fund's Global Financial Stability report.

  • Why it‘s good to have a graveyard of food-tech apps Sep 26, 2016 09:12 AM IST

    Why it‘s good to have a graveyard of food-tech apps

    Even as the graveyard for food tech startups expands, a few saner ones have remodeled businesses, rolled back discounts, cash backs and aiming it profits in the longer run.

  • Expect Q2 to be better than Q1: PNB Gilts Aug 01, 2016 02:51 PM IST

    Expect Q2 to be better than Q1: PNB Gilts

    Our best effort would be to maintain the trend or maybe improve it, if it is possible, on revenues and profits, says SK Dubey, Managing Director (MD) of PNB Gilts.

  • Hindustan Zinc Q1 net declines 47% to Rs 1,037 cr Jul 20, 2016 09:44 PM IST

    Hindustan Zinc Q1 net declines 47% to Rs 1,037 cr

    The firm, part of billionaire Anil Agarwal-led Vedanta Ltd, had clocked a net profit of Rs 1,940.14 crore in the year-ago period, it said in a regulatory filing.

  • KPIT to sit out near-term pain, H2 to be better: IDFC Securities Jul 04, 2016 01:22 PM IST

    KPIT to sit out near-term pain, H2 to be better: IDFC Securities

    Broking house IDFC Securities retained its 'Outperformer' rating on KPIT Technologies on the back of company's guidance of a growth recovery in the second half of this fiscal year.

  • Oil prices fall on profit taking after hitting 2016 highs Jun 09, 2016 05:37 PM IST

    Oil prices fall on profit taking after hitting 2016 highs

    International Brent crude oil futures traded 46 cents a barrel lower at USD52.05 a barrel at 1132 GMT, after setting a 2016 high of USD52.86 a barrel earlier in the session.

  • Good crop recovery, firm tea prices to lift FY17 earnings:Mcleod May 31, 2016 12:58 PM IST

    Good crop recovery, firm tea prices to lift FY17 earnings:Mcleod

    Kamal Baheti, CFO of McLeod Russel expects margin to expand to 13-15 percent in FY17 from 8.5 percent last year on lower wage hikes and firming up of tea prices.

  • Bharti Infratel up 2%, to share profits via dividend/buyback Apr 22, 2016 11:35 AM IST

    Bharti Infratel up 2%, to share profits via dividend/buyback

    The company's board meeting scheduled to be held on April 26, 2016 to consider and take on record the audited financial results for the fourth quarter (Q4) and financial year ended on March 31, 2016.

  • Companies' profitability to see sluggish growth in FY17:Ind-Ra Mar 31, 2016 02:00 PM IST

    Companies' profitability to see sluggish growth in FY17:Ind-Ra

    Profitability of corporates is likely to be sluggish next fiscal, growing about 9 per cent, and the performance of commodity selling and investment-linked companies is likely to remain subdued, India Ratings and Research (Ind-Ra) said today.

  • Port segment to aid growth in coming quarters: Man Infra Feb 08, 2016 01:11 PM IST

    Port segment to aid growth in coming quarters: Man Infra

    Parag Shah, MD of Man Infraconstruction says the company is launching two main projects in Mumbai – one in Ghatkopar and the other in Dahisar.

  • Electronics giant Philips posts 2015 profit up 55 per cent Jan 27, 2016 08:30 AM IST

    Electronics giant Philips posts 2015 profit up 55 per cent

    Posting last year's earnings results, the Dutch giant said today that net profit attributable to shareholders was 645 million euros (USD 700 million) compared to 415 million euros in 2014 -- a hike of 55 percent.

  • Japan's ANA airline in billion-dollar Airbus deal: reports Jan 01, 2016 11:45 AM IST

    Japan's ANA airline in billion-dollar Airbus deal: reports

    The Japanese airline plans to introduce the double-decker planes on flights to Hawaii and other overseas destinations, in an effort to boost its international business.

  • Subscribe to Indigo at top end of price band: Angel Broking Oct 27, 2015 10:27 AM IST

    Subscribe to Indigo at top end of price band: Angel Broking

    As for the risk factors, Joshi says high dividend payout is not a worry as the company has been generating good profits. Also, he expects crude prices to stay stable.

  • Subdued Q2 earnings on lower agri biz: Bajaj Finserv Oct 20, 2015 04:42 PM IST

    Subdued Q2 earnings on lower agri biz: Bajaj Finserv

    The company's net interest income (NII), the difference between interest earned and interest expected grew by 44 percent to Rs 1,006 crore compared to Rs 698 crore during the same period.

  • Expect deal wins to pick up in Q3: NIIT Tech Oct 16, 2015 03:16 PM IST

    Expect deal wins to pick up in Q3: NIIT Tech

    NIIT Technologies has surpasseds analysts' expectations on Friday with second quarter consolidated net profit rising 16.6 percent sequentially to Rs 68.2 crore on strong operational growth.

  • SAT upholds Sebi's order on Osian's CIS Oct 13, 2015 05:39 PM IST

    SAT upholds Sebi's order on Osian's CIS

    The Securities and Exchange Board of India (Sebi), in April 2013, had ordered Osian's-Connoisseurs of Art Private Ltd, to wind up its CIS and refund the investors' money with 10 per cent interest within three months.

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