Deccan Aviation, operator of low cost carrier Air Deccan, posted a net profit of Rs 9.64 crore (Rs 96.4 million) for its second quarter ended December 31, 2006.
Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.
Aztec Software & Technology Services Ltd has posted a net loss of Rs 4.10 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 12.70 million in the quarter ended December 31, 2001.
India gave a spirited fight but lost to Thailand 2-3 in a high-octane clash of the AFC U-17 Asian Cup 2025 Qualifiers in Chonburi on Sunday.
The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.
Robert Lewandowski and substitute Pablo Torre each scored twice to help leaders Barcelona thrash visitors Sevilla 5-1 in LaLiga on Sunday in a confidence boost for Hansi Flick's side ahead of key clashes against Bayern Munich and Real Madrid.
Encouraging results for PayTM (One97 Communications) for the 2022-23 financial year (Q4FY23) have led to a surge in the company's stock price, gaining nearly 5 per cent during Monday's trade. PayTM reported Q4FY23 revenues at Rs 2,330 crore, up 51 per cent on year-on-year (YoY) basis (13.2 per cent quarter-on-quarter or QoQ), led by monthly transaction user (MTU) growth of 27 per cent and average revenue per user or ARPU growth of 19 per cent YoY. MTU is defined as users with at least one transaction/month.
People in full-time jobs should especially avoid intraday trading as it results in loss of focus and affects performance.
Anil Ambani group company Reliance Communications on Monday posted a net profit after tax at Rs 8.45 crore (Rs 84.5 million) for the quarter ended June 30, 2006.
23 Nifty companies reported an annual decline in net profit.
Indian men's team failed to defend its title after going down fighting 1-3 to China
Australia's capitulation in Perth triggered damning assessments of the team's performance in home media.
IMAGES from the English Premier League matches played on Wednesday.
Barcelona striker Robert Lewandowski scored twice to set his side on course for a 5-0 Champions League thrashing of Swiss side Young Boys on Tuesday as the Catalan giants bounced back from a 2-1 loss at AS Monaco in their opener.
Sterlite Optical Technologies Ltd has posted a net loss of Rs 208 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 79.90 million in the quarter ended December 31, 2001.
At this point it is still anyone's game, with a draw also an option, says Prem Panicker in his analysis of Day 4.
Manchester United languish 14th in the standings on 19 points, their worst placing to end a calendar year since they were 15th in 1989.
The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
India will look for the right balance as they aim for a series-levelling victory against a spunky New Zealand in the must-win second Test.
ICICI Bank has posted a net profit of Rs 522 crore [Rs 5.22 billion ($116 million)] for the year ended March 2004, under the US GAAP, as against a net loss of Rs 798 crore [Rs 7.98 billion ($177 million)] in 2002-03.
Bharti Tele Ventures Ltd has posted a net profit of Rs 65.20 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 78.90 million in the quarter ended December 31, 2001.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
The past 18 months have seen a resurgence in the real estate industry, with developers regaining the ground lost to the Covid-19 pandemic. But it is once again adding inventory at a pace faster than sales. The industry's inventory rose by 28 per cent year-on-year (Y-o-Y) in H1FY24, com-pared to a 25.5 per cent year-on-year increase in net sales during the same period.
Escorts Ltd has posted a net profit of Rs 261.40 million for the quarter ended December 31, 2002 as compared to net loss of Rs 210.60 million in the quarter ended December 31, 2001.
'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'
Year 2008 results of India's largest drug maker, Ranbaxy Laboratories, and Wockhardt were also impacted by forex losses. Companies such as Aurobindo and Orchid are also expected to post forex losses, say analysts.
Investors are increasingly turning optimistic about shares of new-age companies. From broad-based 'sell' calls, analysts are giving thumbs up to Zomato, Paytm, and FSN e-Commerce Ventures-owned Nykaa as these companies have shifted focus to sustainable profits. The shares of Zomato hit a fresh 52-week high of Rs 126 apiece on the BSE on November 7, having rallied 15.4 per cent in one week.
Hexaware Technologies Ltd posted a net profit of Rs 74.12 million for the quarter ended December 31, 2002 where as it had posted a net loss of Rs 84.71 million for the quarter ended December 31, 2001.
Steel Authority of India Ltd on Tuesday reported a net profit of Rs 255 crore (Rs 2.55 billion) during the first quarter ended June, 2003 as against a net loss of Rs 309 crore (Rs 3.09 billion) for the corresponding quarter last fiscal.
Maharashtra secured a resounding 439-run victory over Baroda in a Group A Ranji Trophy match, keeping defending champions Mumbai's hopes alive for the knockout stage.
Here is an explainer on the functioning of the seven-year-old body.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
The National Payments Corporation of India (NPCI) has granted approval to Paytm to onboard new UPI users, subject to the adherence to all procedural guidelines and circulars, according to the company. The move is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India's restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app. In March, the NPCI gave approval to Paytm to participate in UPI as a Third-Party Application Provider (TPAP).
India won their first match against Ireland on Wednesday and Pakistan are looking to log their first points after their stunning loss to USA on Friday.
State Trading Corporation of India Ltd has posted a net loss of Rs 100.90 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 78.40 million for the quarter ended December 31, 2001.
However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.
Lakshya Sen falls to Axelsen in semis, to play bronze-medal playoff
On a standalone basis, the company reported a net loss of Rs 249.4 crore for the first quarter ended June 30. Net sales declined to Rs 3,679 crore in the first quarter as against Rs 18,738.8 crore in the year-ago period.
India finished at the bottom of Group G, having earlier lost to China 1-2.
