Page 1248 - Business Finance
TCS named fastest growing brand of the decade in IT services
Tata Consultancy Services (TCS) announced on Wednesday that it has been accredited as the fastest growing brand in the IT services sector over the past decade.The company's brand value increased by 447 per cent -- from 2.34 billion dollars in 2010 to 12.8 billion dollars in 2019 - according to Brand Finance, the world's leading brand valuation firm.The report released at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, said TCS continues to be among the top three global IT services brands. Its brand value increased by 23 percent over the previous year, and its brand rating was upgraded from AA+ to AAA-.This marks another strong year of performance for TCS across multiple global markets. Moreover, TCS' Chief Executive Officer Rajesh Gopinathan was named as one of the top 100 global CEOs in a new Brand Guardianship Index that reflects the role of the CEO as a brand custodian.The index is based on Brand Finance's analysis of marketing investments, stakeholder equity ..
Modella Woollens reports standalone net profit of Rs 0.41 crore in the December 2018 quarter
Reported sales nil
Rajratan Global Wire consolidated net profit rises 133.51% in the December 2018 quarter
Sales rise 38.68% to Rs 120.71 crore
QuikrHomes hosts QuikrHomes Realty Awards 2019
QuikrHomes, a real-estate vertical of Quikr, announced felicitation of the winners at QuikrHomes Realty Awards 2019. The theme of the event, jointly organised by QuikrHomes, was 'Selling Real-Estate in New Era'. The company operates leading transaction marketplaces built on top of India's largest classifieds platform.The event was organised to provide a platform for real-estate stakeholders to discuss the future of the industry. SonuAbhinandan, VP - QuikrHomes, highlighted the digital media influence on real-estate. On the other hand, Venkatesh Panchapagesan, Associate Professor - Finance & Accounting, Chair, Real Estate Initiative, IIMB, spoke about the global and Indian perspectives in real-estate. Speaking at the event, Sonu Abhinandan Kumar, VP, QuikrHomes, said, "The future of real-estate is digital as consumers search for their property related needs online and hence gaining popularity among developer community as well. With personalized and engaging experiences taking over .
Oriental Hotels standalone net profit rises 526.58% in the December 2018 quarter
Sales decline 2.91% to Rs 89.81 crore
Kirloskar Pneumatic Company standalone net profit declines 52.70% in the December 2018 quarter
Sales rise 13.19% to Rs 133.83 crore
BASF India reports standalone net loss of Rs 38.37 crore in the December 2018 quarter
Sales rise 10.18% to Rs 1398.18 crore
Thomas Cook partners with Netcore's Smartech
Thomas Cook, an integrated travel and travel-related financial services company, used Smartech Push Amplification to solve the issue of low delivery rates and regularly plaguing app push notifications.The results were extremely encouraging - a 44 per cent increase in push notification delivery rates. As a result, the campaign's Click-Through Rates (CTR) went up by 63 per cent.The brand also succeeded in increasing its campaign revenues by 2.5 times with the help of Smartech, the AI-powered marketing automation and analytics suite by Netcore Solutions, a global marketing technology provider. Thomas Cook is blazing the trail for the data-driven marketer by relying on futuristic marketing technologies for successful digital marketing."Smartech's actionable analytics, advanced segmentation, and multi-channel marketing automation helped us increase our campaign revenues by 2.5X. The ML-powered automated and personalised engagement strategies helped us boost lead generation by 2X on ...
Bank of Maharashtra reports standalone net loss of Rs 3764.26 crore in the December 2018 quarter
Total Operating Income decline 2.89% to Rs 2645.67 crore
Premier Explosives standalone net profit rises 255.63% in the December 2018 quarter
Sales rise 2.77% to Rs 69.36 crore
ITC standalone net profit rises 3.85% in the December 2018 quarter
Sales rise 15.14% to Rs 11136.55 crore
Dishman Carbogen Amcis consolidated net profit rises 22.31% in the December 2018 quarter
Sales decline 0.82% to Rs 427.39 crore
Trident Texofab take on lease manufacturing space in Surat
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Board of Riddhi Corporate Services allots 81.25 lakh bonus shares
At meeting held on 23 January 2019
Video game revenue peaked at USD 43.8 billion in 2018: Report
Video gaming industry had a stellar year as the revenue peaked up 18 per cent in 2018, compared to previous years.According to new data released by the Entertainment Software Association and The NPD Group, video game revenue in 2018 reached a new peak of USD 43.8 billion. This figure also surpasses numbers for streaming services which are estimated to earn around USD 28.8 billion in 2018, TechCrunch reported.The impressive growth of video games is apparently seen as a threat by video streaming platforms such as Netflix who reportedly are concerned more than Fortnite than rival HBO.The revenue growth is attributed across the spectrum of the gaming industry, including personal computing and mobile gaming. The hardware, peripherals and software revenue also spiked owing to physical and digital sales, in-game purchases and subscriptions.
Elon Musk: Tesla Sentry Mode coming soon for all cars
With a new 'sentry mode' owners of Tesla cars will soon be able to see and record damages to their cars, when they are attended, according to company chief, Elon Musk.Musk took to twitter to reveal an upcoming Tesla Sentry Mode for all cars with Enhanced Autopilot.The announcement was made in response to a Tesla owner's tweet about discovering a 'monster dent' on his swanky new Tesla. The owner wished "there were 360 dashcams feature for the car when it is parked".Musk replied that the Sentry Mode would be rolled out soon but did not provide any more details.
Burberry says would pay a high price for no-deal Brexit
LONDON (Reuters) - Britain's premier luxury brand Burberry said a no-deal Brexit would cost it tens of millions of pounds in tariffs and severely disrupt the movement of fabrics and finished products between its suppliers, manufacturing centres and stores.
China's CNOOC boosts spending target to five-year, increases domestic drilling
BEIJING/SINGAPORE (Reuters) - China's state-owned offshore oil and gas producer CNOOC Ltd said it is confident of achieving its spending target this year, the highest since 2014, as its responds to a call to build up the nation's petroleum output and reserves.
Oil up nearly 1 percent as stimulus hopes ease growth concerns
LONDON (Reuters) - Oil prices rose almost 1 percent on Wednesday on hopes that Japan and China would take fiscal stimulus measures to stem an economic slowdown which has weighed on financial markets.
Global Markets: Investors shun stocks, seek safety in bonds as economic gloom spreads
LONDON (Reuters) - Renewed concerns about a global economic slowdown continued to sap investor appetite for assets considered risky, dragging global stocks and bond yields lower on Wednesday, while the U.S. dollar held near three-week highs.