Archives
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ELECTRONICS 
May 25, 2018 Mirc Electronics, maker of Onida, looks at 20% revenue from non-captive manufacturing in FY19
Mirc Electronics, the maker of popular household electronic goods under the Onida brand, is looking to get into strategic alliances and eyeing 20 percent turnover from non-captive manufacturing in FY19. In an interaction with Moneycontrol, Vijay Mansukhani, Managing Director, Mirc Electronics, said that the company has been approached by peers for strategic alliances on manufacturing. […]
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ELECTRONICS 
August 22, 2017 Salzer Electronics targets revenue of Rs 1,000 cr by 2021
Salzer Electronics, engaged in manufacturing of wide range of electrical products, today said it is looking at 15 percent CAGR growth and intends to emerge as Rs 1,000 crore company by 2021, following global technology alliances and enhance the proportion of value-added products. “We expect Rs 430 crore turnover by FY 18, Rs 520 crore […]
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ALL DEALS 
July 31, 2017 Samsung Surpasses Intel to Become Top Chipmaker in Terms of Revenue
HIGHLIGHTS Samsung has reached the top spot in the semiconductor business It has beaten Intel that held the top position for more than two decades Samsung said its semiconductor business recorded $7.2 billion in Q2 Intel’s more than two decade reign as king of the silicon-based semiconductor ended Thursday when Samsung Electronics surpassed the US manufacturer to become […]
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COMPUTERS 
December 17, 2016 SanDisk Revenue Rises as Demand Grows for Solid-State Drives
SanDisk Corp reported a surprise increase in quarterly revenue, its first rise in more than a year, helped by strong demand for its chips used in solid-state drives and data centres.Shares of the company, which is being bought by Western Digital Corp, rose nearly 1 percent to $76.50 in after-market trading on Wednesday. SanDisk has […]
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ELECTRONICS 
September 2, 2016 Apple Supplier Delta Electronics Plans to Quadruple Revenue From India
Apple Supplier Delta Electronics Plans to Quadruple Revenue From India Taiwan-based Delta Electronics Inc expects to quadruple annual revenue from India over the next three years as it makes more power components in the country, in tune with Prime Minister Narendra Modi’s push to develop industry. Boosted by the rollout of India’s 4G broadband network, […]
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ALL DEALS 
September 2, 2016 Twitter to Share Ad Revenue on Videos by US Users
Twitter to Share Ad Revenue on Videos by US Users HIGHLIGHTS Twitter offers revenue sharing to media and entertainment compani New program will offer video creators a 70 percent share of revenue Users would also be allowed to share their videos on other platforms Twitter Inc on Tuesday stepped up its battle to attract video […]
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ELECTRONICS 
August 13, 2016 Apple Supplier Delta Electronics Plans to Quadruple Revenue From India
Taiwan-based Delta Electronics Inc expects to quadruple annual revenue from India over the next three years as it makes more power components in the country, in tune with Prime Minister Narendra Modi’s push to develop industry. Boosted by the rollout of India’s 4G broadband network, the company aims to generate about $700 million (roughly Rs. […]
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ALL DEALS 
April 18, 2016 MTNL Mulls Mobile Services Pact With BSNL on Revenue Sharing Basis
State-run MTNL is working on a plan to operate its mobile services business in Delhi and Mumbai in partnership with BSNL on a revenue sharing basis. “We are having a very low market share in mobile services and not in a position to make capital investment. We are in discussions with BSNL that can invest […]
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NEWS 
April 1, 2016 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 […]
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ALL DEALS 
March 25, 2016 Credit Suisse to axe 2,000 more jobs as revenue slumps
A file photo of the Credit Suisse office in Milan. This year investment banking revenues have been hit by record low interest rates. Photo: Reuters Zurich: A slump in investment banking revenues prompted Credit Suisse on Wednesday to accelerate its restructuring plan and cut a further 800 million Swiss francs ($821 million) of costs. The […]
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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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ALL DEALS 
March 4, 2016 Flipkart’s monthly ad sales revenue reaches $1 million
Photo: Hemant Mishra/Mint Bengaluru: Flipkart Ltd, India’s largest e-commerce firm, is currently generating nearly $1 million in monthly advertisement sales, making the company one of the largest digital ads platforms in India less than a year after it launched its ads business, two people familiar with the matter said. Ravi Garikipati, head of Flipkart’s ads […]
