Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.
Malaika Arora spent a day in London and she shares pictures of what her last 24 hours looked like.
Telecom operator Bharti Airtel on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter mainly due to devaluation of the Nigerian Naira. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the quarter under review from Rs 36,009 crore a year earlier.
Sale of Apple's iPhone 15 is estimated to have registered a 100 per cent growth compared to that of the iPhone 14 series on the first day with high demand for made-in-India iPhone 15 and iPhone 15 Plus models, according to industry sources. Apple has for the first time made available the 'made-in-India' iPhone on the same day it started selling the devices in the country and other parts of the globe. "Till evening, 6 pm IST, the sales of iPhone 15 series have recorded over 100 per cent growth on Day 1 compared to the sale of iPhone 14.
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49.
Lim Si-hyeon delivered an emphatic statement on Thursday that she is the woman to beat at the Paris Olympics as the mighty South Korean archery team warmed up for another assault on the medal podium.
Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.
The Prime Minister termed the athletes as "India's soldiers of 2036 Olympics".
Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
rediff.com has increased the e-mail space provided on its portal for free users to one GB from five MB and that of its premium users to two GB from 10 MB, even as the company hiked the single outgoing and incoming e-mail message size to 10 MB.
Later this year (in fall - September), the device will support the latest iOS 8 version.
A few critical shortcomings and a possible pricing blunder on the 64 GB (Rs 23,999) capacity model might just take the wind out of the sales of Xiaomi's latest offering.
Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in the December quarter, mainly on account of growth in high value customers. Airtel prepaid mobile customers are required to pay at least Rs 155 for about a month-long service as the company had raised rates by 56 per cent in January 2023. Bharti Airtel managing director Gopal Vittal has indicated a need for further increase in mobile services rates.
Most telcos say the speed will surpass fixed broadband as the 5G roll out, which is currently on 360,000 towers, crosses 400,000.
'The chances of The Shameless passing through the censorship board in India are slim to none.'
Tech giant Apple on Tuesday unveiled its much-awaited iPhone 15 and iPhone 15 Plus with USB-C type charging at its "Wonderlust" event.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
Both versions come up with the dynamic island feature that first debuted on the iPhone 14 Pro and Pro Max and the USB-C type charging. As per The Verge, an American technology-based website, the iPhone 15 also has an OLED Super Retina display, which supports Dolby Vision content with 1,600 nits of brightness. The peak brightness of this display is 2,000 nits in sunlight, double that of the iPhone 14. Apart from this, the iPhone 15 and iPhone 15 Plus also has an improved camera system.
Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.
A Bangalore-based seller on eBay India is offering the iPhone 5 16GB model (factory unlocked) for a whopping Rs 74,000.
The inquiry committee formed by Jadavpur University to probe into the circumstances leading to the death of a fresher has concluded that the victim was singled out for severe pre-planned ragging, which included possible sexual abuse.
Amid their hectic training sessions ahead of the World Test Championship final against Australia next week, the Indian players are bonding quite well following their intense rivalry against each other during IPL 2023.
The incident happened around 4.30 pm in Uttar Pabiacherra in Kumarghat during the 'Ulta Rath Yatra' or return car festival organised by ISKCON, they said. During this festival, the sibling deities -- Lord Balabhadra, Devi Subhdara and Lord Jagannath -- return to their abode in a chariot, a week after Rath Yatra.
Smart devices maker Samsung continued to lead the smartphone market in the country for the fourth consecutive quarter in July-September with a 17.2 per cent market share, market research firm Counterpoint said on Wednesday. Shipments of iPhone maker Apple crossed 2.5 million units in the reported quarter thereby registering an all-time high in a quarter, according to the Counterpoint's Monthly India Smartphone Tracker report. "Samsung maintained its leading position for the fourth consecutive quarter with a 17.2 per cent share driven by the success of its A and M series.
The curtailed squad that is now travelling to the Mexican capital include Rakshitta Ravi, Bommini Mounika Akshaya and Amulya Guruprasad among girls while Harshavardhan GB, Pranav Anand, Dushyant Sharma and
A strong 6.8 magnitude earthquake with the epicentre in Afghanistan shook Pakistan, killing at least 12 people and injuring nearly 250 others in both the countries, authorities said on Wednesday.
Telecom operator Bharti Airtel on Tuesday posted a 49.2 per cent jump in its consolidated net profit to Rs 3,005.6 crore for the January-March quarter of 2022-23 on the back of new 4G customers and strong growth in average revenue per user (ARPU). The company had recorded a net profit of Rs 2,007.8 crore in the same period a year ago. Bharti Airtel's consolidated revenue from operations grew by 14.31 per cent to Rs 36,009 crore during the reported quarter from Rs 31,500.3 crore in the March 2022 quarter.
The BBC quoted a running friend of Zakrzewski as saying she had felt sick and wanted to drop out after arriving from Australia the night before the race.
The incident happened around 4.30 pm in Kumarghat area during the 'Ulta Rath Yatra' or return car festival of Lord Jagannath organised by ISKCON, they said.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
There have been several positive signals in Bharti Airtel with revenue market share (RMS) growth, better visibility of profits from Africa, and enough free cash flow to pursue deleveraging. Airtel's 4G and 5G data subscriber net additions were 5.6 million in Q1FY24, and 24.5 million in the last 12 months. Airtel currently has 230 million data subscribers on 4G/5G, which is about 70 per cent penetration of its base of 339 million subscribers.
Telecom infrastructure player Indus Towers has been largely ignored by investors with occasional bursts of trading when there's news flow. For example, the stock fell from Rs 188 (Jan 1, 2023) to Rs 135 (Jan 27) and then bounced back to Rs 165 in early February as the Government of India (GoI) converted Vodafone Idea's (Vi) debt into equity and Bharti Airtel pushed up its direct stake in Indus to 47.95 per cent. The cash-strapped Vi holds 21 per cent stake in Indus Towers and Indus also has substantial receivables to come in from Vi which is a negative overhang.
Apple Inc has announced the India prices of the new variants of its bestselling smartphones - launched on Tuesday - as it assembles the device in the country. The new iPhone 15 range starts at Rs 79,900 for the 128 GB variant (the same price as the iPhone 14 when it was launched last year) and goes up to Rs 199,900 for the top-end Pro Max with a 6.7 inch screen and 1 TB (terabyte) storage. The world's most valuable company also launched three new upgraded Apple watches, starting with the SE at Rs 29,900 and going up to Ultra 2 at Rs 89,900.
Debt-ridden telecom operator Vodafone Idea on Tuesday announced an increase in mobile call and data tariffs across plans by 20-25 per cent. The higher tariffs will be effective from November 25, it said in a statement. The company has increased the minimum value of recharge by 25.31 per cent for 28 days period to Rs 99 from Rs 79.
Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive growth across businesses. Total revenue rose nearly 20 per cent to Rs 35,804 crore in the third quarter of the current financial year "backed by strong and consistent performance delivery across the portfolio", the company said in a statement. Its consolidated net income (after exceptional items) stood at Rs 1,588 crore for the just ended quarter, translating into an increase of 91.5 per cent year-on-year.
The launch of internet-enabled Jio Bharat phones at an "attractive pricing" will enable Jio to gain market share at the lower end segment and signals a reduced probability of tariff hike in the near term, brokerages tracking the sector said. Jio on Monday launched internet-enabled Jio Bharat phones at Rs 999, packing in a cheaper monthly plan of Rs 123 for unlimited voice calls and 14 GB data. The new offering aims to accelerate the '2G Mukt Bharat' vision, as India still has 250 million mobile subscribers trapped in the 2G era with feature phones.
Jailed Aam Aadmi Party leader and former Delhi minister Satyendar Jain, who is undergoing treatment at New Delhi government-run hospital, had suffered a blood clot due to a head injury, though his condition is stable, sources said on Friday.
Rumours of a joint ticket between the two men in the 2024 race were fanned by the Trump campaign's praise for Ramaswamy after the first Republican primary debate on Wednesday, in which he emerged as a breakout star.
This season, the nature of the advertising game has changed dramatically with TV and digital rights going to different entities.
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