Revenue
- Business
Bharti Airtel posts Rs 2,978.9 crore net for Q2
Mumbai: Mobile communications major Bharti Airtel Ltd on Monday said it closed the second quarter of FY23 with a higher net profit of Rs 2,978.9 crore. According to Bharti Airtel, the company…
- Technology
Alphabet’s net profit sinks 27% to $13.9 bn, revenue up 6%
San Francisco: Alphabet, Google’s parent company, has reported a net profit of $13.9 billion in the third quarter (Q3), down 27 per cent from a year earlier, while revenue increased 6 per…
- Technology
5G service revenue to reach $315 bn globally in 2023
New Delhi: The global 5G service revenue is expected to reach $315 billion in 2023, rising from $195 billion this year, a new report showed on Monday. This represents growth of over…
- Technology
Snap’s revenue increased 6% YoY to $1,128 mn in Q3
San Francisco: Snap, the parent company of Snapchat, has reported that its revenue grew 6 per cent year-over-year (YoY) to $1,128 million in the third quarter of 2022. According to the company,…
- Business
LG Electronics’ Q3 profit estimated to have risen 25% on-year
Seoul: LG Electronics said on Friday that its preliminary third-quarter operating profit jumped around 25 per cent from a year earlier. The tech company said its profit for the July-September period was…
- Hyderabad
Hyderabad: GHMC may tap into transformers for revenue making
Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) may soon tap into transformers for generating revenue. The civic body plans to enhance the vicinity of 1000 transformers in each of the six zones…
- Business
Global E-com sales to drop by $95 bn in 2022, 1st time in history
New Delhi: In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales…
- Business
Govt received Rs 7,85,914 crore till July, incurred Rs 11,26,745 crore as expenses
New Delhi: The Union government received Rs 7,85,914 crore till July 2022, consisting of Rs 6,66,212 crore in terms of tax revenue, Rs 89,583 crore of non-tax revenue, and Rs 30,119 crore…
- Technology
Crypto scam revenue slips 65% amid economic downturn
New Delhi: As the global downturn continues, the crypto scam revenue for 2022 also dropped 65 per cent at $1.6 billion this year, lower than where it was through the end of…
- Technology
Tencent fires 5.5K workers as sales down for 1st time since going public
Beijing: Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in the June quarter, down 3 per cent which is the first decline since going public. China’s…
- Technology
Huawei’s revenue loss slows down amid Cloud push
Shenzhen: Chinese conglomerate Huawei on Friday posted nearly 6 per cent loss in revenue for the first six months of the year and its device business, which includes smartphones, fell 25.4 per…
- Technology
Coinbase reports $1.1 bn in net loss, revenue drops 60% in Q2
New Delhi: Largest cryptocurrency exchange Coinbase has reported a massive loss in both revenue and profit in the June quarter — logging $1.1 billion in net loss as revenue declined from $2.033…
- Telangana
Telangana: Stamps and registration dept amasses revenue of Rs 14.6 cr
Hyderabad: The stamps and registration department has witnessed an increase in revenue though sale of duty stamps and registrations this year. The revenue increased from 6 percent to an all-time high of…
- Business
iPhone revenue reaches $40.7 bn despite headwinds in June quarter
New Delhi: Riding on the iPhone 13 series, Apple saw its iPhone revenue jump 3 per cent to a record $40.7 billion in its June quarter. The iPhone growth was achieved “despite…