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Jan 20: Verdict for Vodafone

  • Jan 20: Verdict for Vodafone

    Jan 20: Verdict for Vodafone

  • Wipro sees spending delays

    Azim Premji, chairman of Wipro Ltd, speaks as he presents the quarterly results at the Wipro campus in Bangalore

    Wipro, expects clients in the retail, investment banking and telecom sectors to delay spending on technology services due to global economic uncertainty, its chief financial officer said.

    The company, however, expects most other technology spending budgets to remain unchanged in 2012, Suresh Senapaty told reporters, after the company reported a 10% rise in fiscal third-quarter net profit.

  • Jet flies into loss

    A newly acquired Jet Airways Boeing 777-300ER aircraft sits on the tarmac at Mumbai airport

    Private air carrier Jet Airways today posted a net loss of Rs 101 crore for the third quarter ended December, 2011 on higher fuel prices and weak rupee during the quarter.

    The company's loss was down 86% quarter-on-quarter from a net loss of Rs 300 crore in the September quarter.

  • Nikkei ends at 11-wk high

    A toy dragon decoration for the upcoming Chinese Lunar New Year is seen in front of an electrical board showing stock information at a brokerage house in Wuhan, Hubei province

    Japan's Nikkei average closed at its highest level in more than two months on Friday, with investor sentiment riding high on encouraging results from US banks, while near-term concerns over Europe eased after solid demand at debt auctions.

    Financial shares advanced in Tokyo after upbeat earnings from Morgan Stanley and Bank of America further confirmed the strength of the US economic recovery despite headwinds from Europe's sovereign debt crisis.

  • Samsung loses against Apple

    A customer tries Samsung Electronics' Galaxy smartphone at a store in Seoul

    Samsung Electronics Co said on Friday a German court ruled against it in a patent lawsuit versus Apple over mobile technologies, part of a global legal battle the technology giants are waging.

    The firm has yet to decide whether to appeal the ruling.

    Apple first sued Samsung in April, claiming that the South Korean firm infringed on its design rights and that Samsung's products "slavishly" copied Apple's iPhone and iPad.

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