- 18 Apr 1412:50 AMSignalling improvement in demand across key regions, information technology (IT) services company HCL Technologies on Thursday posted robust growth in earnings for the quarter ended March 2014, the third quarter of 2013-14 for the company.12:47 AMWipro, India’s third-largest information technology (IT) services company, on Thursday announced a 41 per cent year-on-year increase in consolidated net profit to Rs 2,226.5 crore for the quarter ended March.12:14 AMIBM is investing heavily in the future. It has placed multibillion-dollar bets on businesses to deliver computing remotely over the Internet cloud, on sophisticated data-analysis software and on its Watson artificial-intelligence technology.12:10 AMPepsiCo Inc on Thursday reported a higher quarterly profit, lifted by sales gains in its snacks business.12:09 AMMorgan Stanley reported profit that beat analysts' estimates as a surprise jump in fixed-income results helped the firm post the only increase in trading revenue among the six biggest US banks this year.12:02 AMGlaxoSmithKline Pharmaceuticals today posted 42.87% decline in its net profit at Rs 96.54 crore for the first quarter ended March 31, 2014, as the company continued to be impacted by the revamped price control order.
- 17 Apr 1406:20 PMGoldman Sachs Group Inc reported an 11% drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the Wall Street bank's shares rose.05:10 PMThe IT service EBIT also rose 9.5% to Rs 2,605 crore as compared to Rs 2,379 crore in the previous quarter.11:00 AMHCL Tech today reported a Q3 net profit of Rs 1,624 crore compared to Rs 1,496 crore in the quarter ended Decemeber 2013, posting an uptick of 8.55%.12:49 AMTata Consultancy Services (TCS), India’s largest software services provider, continued to grow during the quarter ended March, reflecting the improvement in the global economy.12:10 AMBank of America Corp reported a net loss attributable to shareholders of $514 million, or 5 cents per share, in the three months to March 31 compared with a profit of $1.11 billion, or 10 cents per share, a year earlier.12:01 AMRomesh SobtiIndusInd Bank has reported a 29 per cent growth in net profit to Rs 396.05 crore in the fourth quarter of FY14, on the back of robust growth in fee income as well as net interest margin (NIM).
- 16 Apr 1407:02 PMMid-tier IT services company Mindtree today reported 24.5% jump in consolidated net profit to Rs 98.2 crore for the quarter ended March 31, 2014, helped by broad-based growth and strong deal pipeline.12:50 AMInfosys, India's second-largest information technology (IT) services company, has closed FY14 with a revenue growth of 11.5 per cent in dollar terms and 24.2 per cent in rupee terms.12:21 AMReliance Jio Infocomm, formerly known as Infotel Broadband Services, on Tuesday reported a net loss of Rs 6.45 crore for the six months ended March 31, 2014. The company had reported a net loss of Rs 2.82 crore for the corresponding six months last year,
- 15 Apr 1406:38 PMCoca-Cola reported lower profit during the first quarter revenue, but volumes gained slightly during the January-March quarter.06:12 PMDCB Bank today said its net profitfor the quarter ended March, 2014 increased by 14.7% from a yearearlier to Rs 39 crore aided by higher interest income and improve margin.09:45 AMIT major Infosys today reported a 4.1% uptick in Q4 net profit at Rs 2,992 crore on a sequential basis.On an annual basis, it posted a 23.2% increase in quarterly net profit as it added new clients including Chinese-owned Swedish automaker Volvo Car Corp.12:38 AMCitigroup Inc's quarterly net profit rose four per cent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses.12:17 AMCMC Ltd, a subsidiary of information technology company Tata Consultancy Services, reported a consolidated net profit of Rs 89.43 crore for the quarter ended March, up 45 per cent compared to the year-ago period, primarily due to an increase in revenue