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Its gaming revenue was up only 5% versus 8% the quarter before, which Spencer attributed to less revenue from third-party game developers and the fact that many gamers are delaying purchases of Microsoft’s Xbox console because a new model is expected soon.

Microsoft tops $1 trillion

The Redmond, Washington-based company beat Wall Street estimates for quarterly profit and revenue.

25 Apr 2019 9:46 AM

The automaker is already anticipating a 22 per cent cut in operating profit to 450 billion yen (USD 4.02 billion) for the year ended March.

Adding to Ghosn woes, Nissan set to further slash profit outlook: Report

The automaker is scheduled to announce its full-year earnings results on May 14.

24 Apr 2019 11:18 AM

Jet Airways has shut down operations temporarily after lenders decided against extending emergency funds for its survival. (Photo: AFP/File)

Jet Airways shares halt three-day slide; zoom 13 per cent

The scrip, after a positive opening, jumped 11.57 per cent to Rs 172.50 on the BSE.

23 Apr 2019 12:40 PM

The scrip dived 19.34 per cent to Rs 132.20 -- its 52-week low -- on the BSE.

Further tailspin for Jet Airways, shares tank over 23 per cent

Jet Airways running into debt of more than Rs 8,500 crore.

22 Apr 2019 2:51 PM

Huawei has repeatedly denied the allegations and launched an unprecedented media blitz by opening up its campus to journalists and making its typically low-key founder, Ren Zhengfei, available for media interviews. (Photo: ANI)

Huawei first-quarter revenue grows 39 percent to USD 27 billion

The limited results announcement comes at a time when Washington has intensified a campaign against unlisted Huawei.

22 Apr 2019 12:13 PM

Net profit rose 22.6 per cent in the fourth quarter through March from 47.99 billion rupees a year ago. (Photo: YouTube)

HDFC Bank fourth-quarter profit up 22.6 per cent to record high

The bank also said its board had approved raising up to 500 billion rupees by issuing debt over the next 12 months.

22 Apr 2019 8:35 AM

As part of a limited test aimed at promoting the well-being of the users are looking at hiding the count from the audience.

Instagram planning to hide like count from audience

Instagram describes the feature as one aimed at followers to focus on what one shares, not how many likes a post gets.

20 Apr 2019 2:08 PM

SpiceJet will add six more Boeing 737-800 NG aircraft on a dry lease, in addition to the sixteen 737s and five Bombardier Q400s it inducted recently. (Photo: PTI/Representational)

SpiceJet says taking measures to deal with capacity crunch

Shares of the company jumped as much as 15 per cent on news that Jet Airways had suspended its operations.

18 Apr 2019 11:24 AM

The stock is hovering around its 52-week low level of Rs 163 on BSE.

Jet Airways shares crack 30 per cent; drop to 52-week low

Jet Airways' lenders said they were reasonably hopeful of a successful bidding process for stake sale.

18 Apr 2019 10:05 AM

Aramco and Reliance were not available for comment outside business hours.

Aramco in talks for 25 pc of Reliance's refining, petrochemical units: Report

A minority stake sale could fetch around USD 10 billion to USD 15 billion.

17 Apr 2019 9:20 AM

The electric wires and cables maker raised 13.46 billion rupees (USD 193.44 million) through an initial public offering.

Polycab India's shares surge on market debut

The stock was trading at 647.5 rupees by 0432 GMT, compared with the IPO price band’s higher end of 538 rupees.

16 Apr 2019 11:48 AM

The board of LVB has approved the merger with IBHL in which shareholders of the bank will get 14 shares of IBHL for every 100 shares they hold.

LVB to allot nearly 5 pc shares to Indiabulls Housing Finance

LVB shares closed 1.65 per cent down at Rs 89.20 on BSE, while IBHL closed 0.55 per cent up at Rs 834.65 apiece.

16 Apr 2019 10:09 AM

The scrip made a weak opening and dropped 4.56 per cent to Rs 713.70 as the trade progressed on the BSE. (Photo: PTI)

Infosys shares drop nearly 5 per cent post Q4 earnings

Infosys saw its revenues increase 19.1 per cent to Rs 21,539 crore in the March 2019 quarter from Rs 18,083 crore.

15 Apr 2019 10:58 AM

The scrip after making a positive opening further jumped 3.56 per cent to Rs 2,085.60 on the BSE.

TCS shares gain nearly 4 per cent after Q4 results

Revenue of the firm grew 18.5 pc in the quarter under review to Rs 38,010 cr from Rs 32,075 cr.

15 Apr 2019 10:46 AM

The rescue comes after previous, publicly funded bailouts failed to help the company cut its dependence on Apple, whose slowing iPhone sales have badly hit Japan Display.

Chinese group to get control of Japan Display after USD 2.1 billion bailout

Japan Display expects to post its fifth straight year of net losses in the year ending this month.

14 Apr 2019 11:30 AM

Revenue of the city-based firm grew 19.1 per cent to Rs 21,539 crore in the quarter under review from Rs 18,083 crore. (Photo: PTI)

Infosys Q4 net profit up 10.5 per cent to Rs 4,078 crore

In US dollars, Infosys saw its net profit growing 1.7 pc to USD 581 mn in the March 2019 quarter from USD 571 million.

12 Apr 2019 4:47 PM

The scrip declined 0.26 per cent to close at Rs 2,013.75 on the BSE.

TCS shares end flat ahead of March quarter earnings announcement

On the NSE, shares of the company closed 0.31 per cent lower at Rs 2,013.05.

12 Apr 2019 4:42 PM

Vodafone Idea's Rs 25,000-crore rights issue opened on April 10 at a price of Rs 12.50 per equity share.

Axiata Group ‘renounces’ share entitlement in Vodafone Idea rights issue: sources

Axiata Group, which held 8.1 per cent (valued at Rs 3,771 crore) stake in the telecom major.

12 Apr 2019 12:11 PM

Both have paid a total of over Rs 70 lakh as settlement charges.

Sun Pharma's senior exec, wife settle insider trading case with Sebi

Gandhi and Kiran traded in 454 shares and 6,770 shares, respectively, during the UPSI period.

12 Apr 2019 8:45 AM

Uber could become a USD 100 billion company with a massive share offering that will be a bellwether for tech startups.

Uber steers toward blockbuster IPO as road looks rocky

Uber released financial data earlier this year showing it lost USD 865 million in the fourth quarter of 2018.

11 Apr 2019 10:13 AM

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Aakar Patel