• NEWS
    US economy grows faster than expected in third quarter

    The US economy expanded at an annual pace of 3% during the three months to the end of September, which was stronger than expected. The growth extended the robust activity reported in the previous quarter, when US GDP grew at an annual pace of 3.1%. Analysts had been expecting a sharp slowdown after back-to-back hurricanes […]

  • ALL DEALS
    Small Business Web Designer Wix Sees 44 Percent Increase in Second Quarter

    Wix, the global Web development platform aimed at small to medium sized businesses, has announced some impressive second quarter numbers. The company reported collections up to $57.4 million, a 44 percent increase year-over-year. The cloud-based service also reported an increase in subscribers, topping out at 68 million registered users. That’s a marked increase from the number […]

  • ALL DEALS
    PC Shipments to India Declined in First Quarter: Gartner

    HIGHLIGHTS Personal computer shipments to India totalled about 2 million units Besides, mobile PCs declined by 13 percent year-on-year HP was in the number one position in PC shipments to India Personal computer (PC) shipments to India totalled about 2 million units in the first quarter of 2016 – a 7.4 percent decrease over the […]

  • ELECTRONICS
    Samsung Tips Best Profit In More Than 2 Years For Second Quarter

    Seoul: Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings. The world’s top maker of smartphones and memory chips said in a regulatory filing its April-June profit was […]

  • ELECTRONICS
    Samsung Electronics Set For Best Quarter In Over 2 Years

    Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years. Seoul: Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust […]

  • NEWS
    PC Shipments to India Declined in First Quarter: Gartner

    HIGHLIGHTS Personal computer shipments to India totalled about 2 million units Besides, mobile PCs declined by 13 percent year-on-year HP was in the number one position in PC shipments to India Personal computer (PC) shipments to India totalled about 2 million units in the first quarter of 2016 – a 7.4 percent decrease over the […]

  • COMPUTERS
    PC Shipments to India Declined in First Quarter: Gartner

    HIGHLIGHTS Personal computer shipments to India totalled about 2 million units Besides, mobile PCs declined by 13 percent year-on-year HP was in the number one position in PC shipments to India Personal computer (PC) shipments to India totalled about 2 million units in the first quarter of 2016 – a 7.4 percent decrease over the […]

  • NEWS
    Microsoft to Launch Surface All-in-One PC This Quarter: Report

    HIGHLIGHTS Microsoft Surface all-in-one PC expected this quarter The overall AIO market has been shrinking New Surface Book launch has reportedly been delayed till first half of 2017 Microsoft is reportedly working on an all-in-one (AIO) PC under its Surface brand. The new Surface AIO PC is expected be unveiled in the third quarter of […]

  • COMPUTERS
    PC Sales Slump for Sixth Consecutive Quarter: Gartner, IDC

    Sales of personal computers slid for the sixth consecutive quarter at the start of 2016, falling to levels not seen since 2007, a market tracker said Monday. A survey by research firm Gartner shows a 9.6 percent drop in PC sales in the first quarter compared with a year earlier, to 64.7 million units. Figures […]

  • NEWS
    Essar Steel says ‘worst times’ over, March a turnaround quarter

    A file photo of Essar Steel’s Hazira facility. Hazira (Gujarat): Contrary to market perceptions over its financial and operational performance, Essar Steel India feels its “worst times” are over and is on its way to post a turnaround in the March quarter. Optimistic of its financial situation, the Mumbai-based company said it has already paid […]

  • NEWS
    Accenture raises revenue forecast after strong second quarter

    A file photo of the Accenture stand at the Mobile World Congress in Barcelona. Accenture has been investing heavily to boost its digital business. Photo: Reuters Bengaluru: Accenture Plc raised its full-year net revenue forecast well above analysts’ expectations and reported better-than-expected quarterly revenue and profit, led by strong growth in its consulting business, especially […]