Bharti Airtel's quarterly profit drops 49 percent
Bharti Airtel, India's biggest telecommunications company, reported Thursday that quarterly net profit fell by nearly half to 5.1 billion rupees ($94.7 million) on higher taxes and operating costs.
Bharti Airtel, India's biggest telecommunications company, reported Thursday that quarterly net profit fell by nearly half to 5.1 billion rupees ($94.7 million) on higher taxes and operating costs.
Society's growing reliance on mobile devices and digital resources has led to a tectonic shift in information technology, according to Joseph M. Tucci, chairman and CEO of EMC Corporation. He said that shift ...
Comcast Corp., the nation's largest cable company and owner of NBCUniversal, says its net income rose 17 percent in the latest quarter, powered by continued strong results from its cable operations.
Viacom is reporting an 18 percent drop in second-quarter net income due to lower revenue, especially from its filmed entertainment division that includes Paramount Pictures.
In a bid to bring Yahoo Inc. more in line with competitors such as Google and Facebook, Chief Executive Marissa Mayer has expanded the company's family leave policy.
IBM says its board has raised its regular quarterly dividend by 12 percent to 95 cents and approved a plan to repurchase up to $5 billion of its stock.
The New York Times, boosted by gains in digital readers, rose to the number two spot among US daily newspapers in a sector still struggling with falling print circulation, industry figures showed Tuesday.
Fitness wristband maker Jawbone added muscle to its lineup of fitness lifestyle devices Tuesday with a deal to buy the company behind armbands that measure how many calories people are burning.
Aetna says its first-quarter net income fell 4 percent as acquisition-related costs and rising health care expenses more offset government business gains.
Chinese online retail giant Alibaba has struck a deal to buy a $586 million stake in popular Chinese social network site Sina Weibo amid rumours that it is preparing for a stock market listing.
(AP)—Facebook says that venture capitalist Jim Breyer won't seek re-election to its board of directors.
General Motors Co. wants a long prison sentence next week for a former employee and her husband who were convicted of stealing hybrid vehicle technology for potential use by competitors in China. Trade secrets were found ...
Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.
Senate Majority Leader Harry Reid says senators have reached a deal to delay voting on a bill to tax Internet sales until after senators return from a weeklong vacation.
SpinMedia has bought Vibe in a deal that could prove to be the end of the print edition of the famed hip-hop culture magazine.