Company Results & Outlooks


Apple revenue lags Street's view despite strong China growth

SAN FRANCISCO - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.

Microsoft sees end to Nokia losses, shares rise after hours

SEATTLE - Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.

Tech, 5:02am IST

Idea Cellular lifts profit 57 percent on higher voice rates, data use

- Mobile phone company Idea Cellular reported a 57 percent jump in quarterly profit on Monday, benefiting from fewer competitors, higher call rates and more customers using data plans.

21 Jul 2014

HDFC Bank Q1 net up 21 percent, lags estimates

MUMBAI - HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported its slowest quarterly earnings growth in more than a decade on higher-than-expected provisions.

21 Jul 2014

Reliance Q1 profit beats estimates on higher refining margin

MUMBAI - Energy conglomerate Reliance Industries Ltd's quarterly net profit topped market expectations, bolstered by strong revenue growth in its oil and gas business and higher margins in its core refining business.

19 Jul 2014

GE profit rises 13 pct, expects retail finance IPO end-July

- General Electric Co reported a 13-percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of the month.

18 Jul 2014

Google's business chief departs for SoftBank in latest leadership change

SAN FRANCISCO - Google Inc's chief business officer, one of Chief Executive Officer Larry Page's key lieutenants and the company's main liaison to Wall Street, is leaving the Internet search company, the latest high-ranking executive to depart.

Tech, 18 Jul 2014

IBM software sales weaker than expected in second quarter

WASHINGTON - International Business Machines Corp's software business grew less than expected in the second quarter, sparking a selloff in the company's stock on Thursday, even as its revenue beat forecasts.

Tech, 18 Jul 2014

TCS looks to digital technology to boost growth

MUMBAI - Tata Consultancy Services Ltd , India's biggest software services exporter, is investing in new technologies such as cloud computing, joining rival Infosys Ltd in chasing high-margin outsourcing contracts to respond to growing competition.

17 Jul 2014

Bajaj Auto posts flat first-quarter profit

NEW DELHI - Bajaj Auto, India's second-largest motorcycle maker, reported a flat quarterly profit, lagging expectations, hurt by sluggish sales volumes in the domestic market.

17 Jul 2014