Archives
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COMPUTERS 
February 2, 2020 Fire guts computers, documents at IOB branch in Kerala, losses pegged at Rs 50 lakh
THIRUVANANTHAPURAM: A major fire broke out at the Indian Overseas Bank branch located at Ulloor here on Saturday morning, triggering panic among local shop owners and residents. The fire gutted many important files, electronic equipment, computers and wooden furniture in the office. No casualties have been reported as the branch had declared a holiday due to a […]
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NEWS 
April 1, 2016 Standard Chartered’s India losses at $981 million
Overall, the lender’s loan impairment surged to $4 billion in 2015 from $2.14 billion in 2014. Photo: Pradeep Gaur/Mint Standard Chartered Plc. on Tuesday reported a loss of $981 million from its India operations as loan impairments, including restructured loans, across its India portfolio surged almost eightfold to $1.3 billion in 2015 from $171 million […]
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NEWS 
March 16, 2016 Practo FY15 revenue up by more than 10 times, losses widen 30%
Bengaluru: Practo Technologies Pvt. Ltd, the most funded homegrown healthcare start-up, posted a more than 10-fold increase in revenue for the year ended 31 March, while losses increased 30%, signalling the company’s intent to extend its lead over smaller rivals. Practo’s revenue increased to Rs.29.73 crore in fiscal 2015 from Rs.2.30 crore a year earlier, […]
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NEWS 
February 22, 2016 Adele, Bond Help Revamped Sony Escape Spectre of Losses
British pop diva Adele and suave spy James Bond may be unlikely stars in Sony’s turnaround, but the firm is betting they are key to a corporate makeover that analysts say still has a long way to go. The company is leaning on movies, music, and soaring sales of the PlayStation video game console in […]
