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Is India Facing Highest Trump Tariff? Breaking Down The Latest US Order
US President Donald Trump today signed an executive order imposing an additional 25 per cent tariff on Indian goods, citing New Delhi's continued purchase of Russian oil -- a revenue source the White House says is sustaining Moscow's war in Ukraine.
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Apple Takes Fight Against $587 Million EU Antitrust Fine to Court
Apple took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech.
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Meta, TikTok Challenge Tech Fees in Second Highest EU Court
Meta and TikTok have said that EU's supervisory fee levied on them was disproportionate and based on a flawed methodology. Meta told judges at the General Court it was not trying to avoid paying its fair share of the fee, but it questioned how the Commission had calculated the levy, saying it had been based on the revenue of the group rather than o...
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TVS Motor Company Registers Highest Ever Sales, EBITDA In FY2024-25
TVS Motor Company registers highest ever revenue, profitability and sales, in FY2024-25. It registered particularly strong performance in EV sales, with 44 per cent Y-o-Y growth.
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Adani Wilmar Clocks Highest-Ever Net Profit At Rs 313 Crore In Q1
Adani Wilmar Limited on Monday posted strong profits with the highest-ever PAT of Rs 313 crore in the April-June quarter (Q1 FY25), as revenue reached Rs 14,169 crore, a 12 per cent volume growth (year-on-year).
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RBI Approves Highest-Ever Dividend Of Rs 2.11 Lakh Crore To Government
The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double of what was budgeted expectation, helping shore up revenue ahead of a new government taking office.
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Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
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Apple’s First Stores in India Recorded Monthly Sales of Over Rs. 22 Crore Each: Report
Apple BKC and Apple Saket have recorded monthly sales of over Rs. 22-25 crore each, according to a report in The Economic Times. These figures, the report claims citing industry executives, are over twice of the possible highest revenue for an electronics store in India outside of festive seasons like Diwali.
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"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
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Delhi Sets "Highest Ever" Excise Revenue Of Rs 5,500 Crore: Officials
Despite a mid year policy switch and ongoing probe by central agencies, the Delhi government managed to gross "the highest ever" excise revenue of Rs 5,548.48 crore in 2022-23, officials said on Saturday.
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
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Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
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NDTV Group Has Profitable Q3; Digital Business Clocks Its Highest Ever Revenue For The Quarter
The NDTV Group is declaring its second most profitable year-to-date results in over a decade. For Q3 as well, the NDTV Group remains profitable.
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Pixel 7 Series Set New Sales Record for Google, Pixel 6a Drove Growth in Hardware Revenues: Report
Google CEO Sundar Pichai has announced that the company recently had its highest selling week ever for the Pixel series of smartphones. Google's CFO Ruth Porat has also credited the Pixel 6a for delivering solid growth in hardware revenues.
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Samsung India's Revenue Up 10 Percent in FY22, Highest in Last 5 Years: Tofler
Samsung India Electronics' profit after tax for FY22 fell 4.86 percent to Rs. 3,844.40 crore, while its revenue from operations went up 8.65 percent to Rs. 82,451.60 crore, said data accessed by business intelligence platform Tofler. The electronic major had reported a PAT (profit after tax) of Rs. 4,040.80 crore and its revenue from operations wa...
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Is India Facing Highest Trump Tariff? Breaking Down The Latest US Order
US President Donald Trump today signed an executive order imposing an additional 25 per cent tariff on Indian goods, citing New Delhi's continued purchase of Russian oil -- a revenue source the White House says is sustaining Moscow's war in Ukraine.
-
Apple Takes Fight Against $587 Million EU Antitrust Fine to Court
Apple took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech.
-
Meta, TikTok Challenge Tech Fees in Second Highest EU Court
Meta and TikTok have said that EU's supervisory fee levied on them was disproportionate and based on a flawed methodology. Meta told judges at the General Court it was not trying to avoid paying its fair share of the fee, but it questioned how the Commission had calculated the levy, saying it had been based on the revenue of the group rather than o...
-
TVS Motor Company Registers Highest Ever Sales, EBITDA In FY2024-25
TVS Motor Company registers highest ever revenue, profitability and sales, in FY2024-25. It registered particularly strong performance in EV sales, with 44 per cent Y-o-Y growth.
-
Adani Wilmar Clocks Highest-Ever Net Profit At Rs 313 Crore In Q1
Adani Wilmar Limited on Monday posted strong profits with the highest-ever PAT of Rs 313 crore in the April-June quarter (Q1 FY25), as revenue reached Rs 14,169 crore, a 12 per cent volume growth (year-on-year).
-
RBI Approves Highest-Ever Dividend Of Rs 2.11 Lakh Crore To Government
The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double of what was budgeted expectation, helping shore up revenue ahead of a new government taking office.
-
Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
-
Apple’s First Stores in India Recorded Monthly Sales of Over Rs. 22 Crore Each: Report
Apple BKC and Apple Saket have recorded monthly sales of over Rs. 22-25 crore each, according to a report in The Economic Times. These figures, the report claims citing industry executives, are over twice of the possible highest revenue for an electronics store in India outside of festive seasons like Diwali.
-
"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
-
Delhi Sets "Highest Ever" Excise Revenue Of Rs 5,500 Crore: Officials
Despite a mid year policy switch and ongoing probe by central agencies, the Delhi government managed to gross "the highest ever" excise revenue of Rs 5,548.48 crore in 2022-23, officials said on Saturday.
-
TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
-
Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
-
NDTV Group Has Profitable Q3; Digital Business Clocks Its Highest Ever Revenue For The Quarter
The NDTV Group is declaring its second most profitable year-to-date results in over a decade. For Q3 as well, the NDTV Group remains profitable.
-
Pixel 7 Series Set New Sales Record for Google, Pixel 6a Drove Growth in Hardware Revenues: Report
Google CEO Sundar Pichai has announced that the company recently had its highest selling week ever for the Pixel series of smartphones. Google's CFO Ruth Porat has also credited the Pixel 6a for delivering solid growth in hardware revenues.
-
Samsung India's Revenue Up 10 Percent in FY22, Highest in Last 5 Years: Tofler
Samsung India Electronics' profit after tax for FY22 fell 4.86 percent to Rs. 3,844.40 crore, while its revenue from operations went up 8.65 percent to Rs. 82,451.60 crore, said data accessed by business intelligence platform Tofler. The electronic major had reported a PAT (profit after tax) of Rs. 4,040.80 crore and its revenue from operations wa...
