Archives
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NEWS 
December 24, 2021 SBI Profit Jumps 67% To ₹ 7,627 Crore In September Quarter, Shares Hit Record High
Shares of the country’s largest lender – State Bank of India surged as much as 4 per cent to hit record high of ₹ 542 after it reported highest -ever quarterly profit in September quarter. SBI’s net profit in second quarter of the current financial year jumped 67 per cent to ₹ 7,627 crore from ₹ 4,574.16 crore during the same […]
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ELECTRONICS 
November 11, 2019 Stock corner: ‘Hold’ Bharat Electronics, an overall miss for company in the quarter
Maintain Hold with an unchanged TP of Rs. 125 as we roll over the valuation to March 2021. Sedate execution in the defence segment (up ~10% y-o-y versus our forecast of 30%) led to an overall miss for Bharat Electronics (BHE). Key highlights: (i) Defence revenue grew 10% y-o-y, adjusting for Rs. 12.6-bn EVM/VVPAT execution […]
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NEWS 
October 27, 2017 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 […]
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ALL DEALS 
November 7, 2016 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 […]
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ALL DEALS 
September 25, 2016 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 […]
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ELECTRONICS 
August 5, 2016 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 […]
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ELECTRONICS 
August 5, 2016 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 […]
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NEWS 
August 2, 2016 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 […]
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COMPUTERS 
July 12, 2016 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 […]
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NEWS 
July 8, 2016 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 […]
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COMPUTERS 
April 12, 2016 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 […]
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NEWS 
April 1, 2016 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 […]
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