HMV profits plunge as company banks on new technology
HMV is banking on live music events and new technology to help turnaround its fortunes, as the struggling British music and DVD retailer announced a 96pc plunge in annual pre-tax profits.
Source: Daily Telegraph
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EdServ inks deal with online CA training company
EdServ Softsystems Ltd has inked a deal with CAClubIndia.com, the online platform for financial professionals, to deliver coaching content to its 6 lakh students.
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Novartis net profit rises 12% on sales gain of 27%
MADRID (MarketWatch) -- Swiss pharmaceutical group Novartis AG on Tuesday announced second-quarter net attributable profit of $2.7 billion, against profit of $2.42 billion in the same period a year...
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United Carpets rolls out 13% profit increase
LONDON (SHARECAST) - Carpet and flooring retailer United Carpets rolled out a 13% increase in annual pre-tax profit as total like for like sales fell by 1.4% in the first 15 weeks of the new financial...
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Citi profit up 24% at $3.3bn
After two-and-half years of clawing itself back from the brink, Citigroup said that earnings rose 24% amid decent investment banking results and lower consumer loan losses.
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Banking sector and technology shares drag on nervous trading
FTSE: 5,843.66 (–3.29) Mid-250: 11,746.78 (–19.78) Small Cap: 3,275.09 (+7.51):The FTSE 100 index pulled back yesterday as nervous traders awaited results of bank stress tests published after the...
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Bring technology from mind to market, J&K finance minister
Srinagar, Jul 11 : Emphasizing the need for a workable mechanism to transform the existing innovations into commercial products, state Finance Miniser Abdul Rahim Rather today called for higher interaction...
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Market Watch: Index hit by profit taking on Astgra, banking stocks
JAKARTA: The Jakarta Composite Index is believed to to continue rally but in limited range on increasing profit taking after the index touched new high. Trimegah Securities suggests the investors to...