• ELECTRONICS
    Bharat Electronics Q2 PAT seen up 1.3% YoY to Rs. 578.5 cr: ICICI Direct

    ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 578.5 crore up 1.3% year-on-year (up 182.6% quarter-on-quarter). Net Sales are expected to increase by 5.7 percent Y-o-Y (up 70.1 percent Q-o-Q) to Rs. 3,573.9 crore, according to […]

  • ELECTRONICS
    Samsung Electronics says Q3 profit seen down 56%, beats expectations

    South Korean tech giant Samsung Electronics on October 8 reported its third-quarter operating profit likely tumbled 56 percent, hurt by a downturn in global memory chip prices but slightly better than analysts had anticipated. The world’s biggest semiconductor firm by revenue has struggled since late last year as a weak global economy and slower spending from […]

  • ELECTRONICS
    Bharat Electronics Q1 PAT seen up 27.5% YoY to Rs. 229.1 cr: Kotak

    Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 229.1 crore, up 27.5% year-on-year (down 65.7% quarter-on-quarter). Net Sales are expected to increase by 13.5 percent Y-o-Y (down 38.6 percent Q-o-Q) to Rs. 2,385.9 crore, according to Kotak. Earnings before […]

  • ELECTRONICS
    Bharat Electronics Q3 PAT seen up 12.5% YoY to Rs. 340.7 cr: ICICI Direct

    ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 340.7 crore up 12.5% year-on-year (down 40.4% quarter-on-quarter). Net Sales are expected to increase by 13 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 2,839.3 crore, according to ICICI Direct. […]

  • ELECTRONICS
    Wearable devices seen as next major platform by app developers

    Wearable computers like Google Glass and the Samsung Galaxy Gear watch may not have caught fire yet, but that hasn’t stopped mobile game developers from rushing to create apps for the new devices, eager to seize what they hope is the next big moment in consumer technology.Niccolo DeMasi, the CEO of mobile games maker Glu […]

  • ALL DEALS
    India source income may be seen as accrued in India

    iStockPhoto I’m living in London for the last 5 years. I have few Indian stocks and want to book a profit. How will I be taxed? —Sayantan Chandra Capital gain from sale of shares of an Indian company is taxable in India. The taxability will depend on the nature of the asset, holding period and […]

  • NEWS
    LIC’s profit seen slumping as choppy markets take a toll

    Photo: Rituparna Banerjee/Mint Mumbai: Life Insurance Corp. of India (LIC) is expected to post a year-on-year decline of 40% in profit-booking on equity investments in 2015-16, as choppy markets take their toll on the country’s largest investor. LIC is expected to book a profit of Rs.15,000 crore on equities in the year to 31 March, […]