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Intellect Design posts Rs 59 crore net profit for Q2

Chennai, Oct 30 | Financial software technology company Intellect Design Arena Ltd on Friday said it closed the second quarter of this fiscal with...

L&T’s Q2 consolidated net profit down 44.7%

Mumbai, Oct 28 | Larsen & Toubro on Wednesday reported a 44.7 per cent fall in its consolidated net profit for the July-September quarter...

Axis Bank’s Q2 net profit rises to Rs 1,683 cr

New Delhi, Oct 28 | Lending major Axis Bank on Wednesday reported a net profit of Rs 1,683 crore for the second quarter (Q2)...

Radico Khaitan’s Q2 net profit down 6.6%

New Delhi, Oct 28 | Spirit maker Radico Khaitan on Wednesday reported a 6.6 per cent fall in its consolidated net profit for the...

Tata Motors’ Q2 net loss widens to Rs 307 cr

Mumbai, Oct 27 | Tata Motors' consolidated net loss for the July-September quarter widened to Rs 307.26 crore, from Rs 187.70 crore reported during...

Bharti Airtel’s Q2 net loss narrows on robust revenue growth

Mumbai, Oct 27 | Bharti Airtel's consolidated net loss for the July-September quarter narrowed to Rs 763.2 crore, compared to Rs 23,044.9 crore...

Indian Bank posts Rs 412 cr net profit in Q2 (Lead,...

Chennai, Oct 22 | Indian Bank on Thursday reported a net profit of Rs 412 crore for the second quarter of FY21 as against...

HUL’s Q2 consolidated net profit logs grows 8.6%

Mumbai, Oct 20 | Hindustan Unilever on Tuesday reported an 8.58 per cent growth in its consolidated net profit for the July-September quarter at...

Hiring activity dips 30% in Q2, rise in contractual jobs: Report

Mumbai, Oct 20 | The hiring activity in India saw a 30 per cent decrease in the June quarter compared to the same period...

Audi India launches SUV Audi Q2

Mumbai, Oct 16 | Luxury car manufacturer Audi India on Friday launched Audi Q2 priced at Rs 34,99,000 (ex-showroom).The vehicle is powered by a...

Tata Comm’s Q2 consolidated net profit surges to Rs 384 cr

Mumbai, Oct 16 | Tata Communications on Friday reported a seven-fold jump in its consolidated net profit for the quarter ended September, on a...

EU loses over 96% air travellers in Q2

Brussels, Oct 16 | The number of people travelling by air in the European Union (EU) decreased dramatically in the second quarter of 2020...

Infosys logs 20% rise in Q2 consolidated net profit

Bengaluru, Oct 14 | IT major Infosys on Wednesday reported a 20.55 per cent increase in its consolidated net profit for the July-September quarter,...

Realme launches 3 new 5G smartphones in Q2 series

Beijing, Oct 13 | Realme on Tuesday launched three new smartphones in its Q2 series with 5G connectivity in China.Realme Q2 (4GB+128GB) variant is...

SAIL records more than 31% growth in sales in Q2

New Delhi, Oct 8 | The Steel Authority of India Limited (SAIL) has registered a 31.3 per cent growth in sales during the July-September...

REVIVING ECONOMY 3: Discoms collections reach 95% in Q2

New Delhi, Oct 8 | Green shoots of economic revival has become visible in the power sector with discoms reporting a sharp sharp pick-up...

TCS’ Q2 consolidated net profit logs 7% fall

Mumbai, Oct 7 | Tata Consultancy Services (TCS) on Wednesday reported a 7.05 per cent decline in its consolidated profit for the quarter ended...

Hopes of positive Q2 results lift markets, auto stocks rise (Roundup)

New Delhi, Oct 7 | Broadly positive global cues, along with likelihood of a stimulus package and hopes of healthy quarterly Q2 results, pushed...

Global online music streaming revenue declines 2% in Q2: Report

New Delhi, Oct 6 | Global online music streaming revenues in Q2 of this year declined two per cent quarter-over-quarter (QoQ) driven by sequential...

JSPL reports 30% steel sales growth in Q2 FY21

New Delhi, Oct 6 | Jindal Steel & Power Limited (JSPL) has beaten the trend again reporting healthy growth in production and sales volume...

Edtech firm upGrad logs 50% revenue growth in Q2

Mumbai, Oct 6 | Edtech firm upGrad on Tuesday said it has reported a 50 per cent growth in its gross revenue in the...

India server market revenue declines 22.3% in Q2: IDC

New Delhi, Oct 1 | The overall server market in India witnessed a year-over-year (YoY) decline of 22.3 per cent in terms of vendor...

Average selling point in global smartphone market up 10% in Q2

New Delhi, Sep 25 | The wholesale average selling price (ASP) in the global smartphone market increased 10 per cent (year-on-year) in the June...

India 6th in terms of users hit by mobile malware in...

New Delhi, Sep 16 | Ranked sixth, India was one of the top 10 countries with the largest share of users attacked by mobile...

Global enterprise server market logs $24 billion in Q2: IDC

New Delhi, Sep 11 | The global enterprise server market grew 19.8 per cent in the second quarter (year over year) to reach $24...

Samsung leads home turf with 67% smartphone market share in Q2

Seoul, Sep 11 | Samsung further expanded its dominance in the domestic smartphone market in the second quarter of the year with 67 per...

India Inc on slow path to recovery, better performance expected in...

New Delhi, Sep 3 | Despite an expectedly weak Q1FY21, key indicators of consumer sentiment indicate that most sectors are witnessing sequential improvement since...

Zoom reports 355% rise in revenue, 458% gain in customers in...

San Francisco, Sep 1 | Zoom Video Communications has posted solid results in the fiscal second quarter which ended on July 31 with total...

Samsung drops to 2nd spot in Southeast Asian smartphone market in...

Seoul, Aug 31 | Samsung dropped to the second spot in the Southeast Asian smartphone market in the second quarter of the year, as...

Canadian economy sees record drop in Q2

Ottawa, Aug 29 | Canada's gross domestic product (GDP) fell by a record 11.5 per cent in the second quarter this year, following a...

Global smartphone sales reach 296mn units in Q2, Samsung sold 55mn

New Delhi, Aug 25 | The global sales of smartphones to end users totaled 295 million units, a decline of 20.4 per cent in...

Nvidia posts better than expected earnings in Q2

San Francisco, Aug 20 | Graphics giant Nvidia reported better than expected results for its second fiscal quarter ended July 26 as its revenue...

Samsung leads global DRAM memory chip market in Q2

Seoul, Aug 20 | Samsung has maintained its dominant position in the global DRAM memory chip market with a 43.5 percent share in the...

India tablet market shipments grow 23% in Q2, Lenovo leads

New Delhi, Aug 19 | The strong demand during the lockdowns as work and learning shifted to homes fuelled the shipment of tablets in...

Samsung retains top spot in the global TV market in Q2

Seoul, Aug 18 | Samsung Electronics remained the top TV vendor in the second quarter of the year, while its local rival LG Electronics...

Japan’s economy contracts record 27.8% in Q2

Tokyo, Aug 17 | Japan's economy contracted by 27.8 per cent from the previous quarter in the April-June period, marking a record decline in...

Covid-19 led to rise in DDoS cyber attacks globally in Q2

New Delhi, Aug 13 | The Covid-19 pandemic led to a rise in the number of Distributed Denial of Service (DDoS) attacks globally in...

Facebook removes 22.5mn hate speech content, 1.5bn fake accounts in Q2

San Francisco, Aug 11 | Facebook on Tuesday said that it purged 22.5 million pieces of hate speech content in the second quarter (April-June)...

Saudi Aramco distributes $18bn dividend for Q2

Riyadh, Aug 10 | Saudi Aramco, the world's largest oil producer, announced the dividend distribution of $18.75 billion to shareholders for the second quarter...

Apple again dominates India premium smartphone market in Q2: IDC

New Delhi, Aug 7 | Riding on the success of its iPhone 11 and iPhone XR devices, Apple once again dominated the India premium...

Game downloads increase by nearly 1 bn in India in Q2

San Francisco, Aug 3 | Global player spending in mobile games increased by 27 per cent year-over-year in the second quarter of this year...

Apple grows 25% as global smartphone market declines in Q2

Bengaluru, Aug 1 | As the global smartphone market plummeted 14 per cent in the June quarter, Apple was the only vendor to grow...

Cognizant headcount reduced by 10,500 employees in Q2

San Francisco, July 31 | As global software major Cognizant implements a programme to improve cost structure amid Covid-19 and optimises its team, the...

AWS hits $43bn annual run rate biz, Google Cloud reaches $3bn...

New Delhi, July 31 | Amazon Web Services (AWS), the Cloud arm of retail behemoth Amazon, has become a $43 billion annualized run rate...

Global smartphone market declines at fastest ever rate in Q2

New Delhi, July 31 | The global smartphone market slumped 24 per ent year-over-year in the second quarter of this year to 271.4 million...

Facebook logs solid growth in Q2, 3.14bn people use its apps

San Francisco, July 31 | Facing ad boycott over its inaction to remove hate speech, Facebook shares surged over 7 per cent after the...

After US hearing, Big Tech CEOs get ready to reveal Q2...

San Francisco, July 30 | After testifying before a US Congress hearing over anti-trust allegations, the CEOs of the four Big Tech companies Amazon,...

3 in every 4 smartphones shipped in India were Chinese in...

New Delhi, July 30 | Despite the supply chain issues and curtailed domestic production owing to lockdowns, almost three in four smartphones shipped in...

Samsung reports solid earnings in Q2 on strong chip business

Seoul, July 30 | Samsung on Thursday reported strong second quarter earnings on the back of robust demand for memory chips and appliances, as...

Spotify monthly active users grows 29% to 299mn in Q2

San Francisco, July 29 | Despite a slow start to the quarter due to Covid-19, Swedish music streaming service Spotify on Wednesday said that...

Business

Fresh identification of PSUs gives momentum to govt’s sell-off plan

By Subhash NarayanNew Delhi, Oct 30 | The government proposes to start afresh the process to firm up the list of companies for strategic...