Revenue
- Business
Wipro records gross revenue of Rs 215.3 billion in Q1
Bengaluru: Leading technology services and consulting company, Wipro, on Wednesday announced it registered a gross revenue of Rs 215.3 billion ($2.7 billion), an increase of 17.9 per cent YoY, in Q1. In…
- Technology
DoT scraps 3% floor rate on 5G spectrum usage charge
New Delhi: In a big relief for telecom companies, the Department of Telecommunications (DoT) has scrapped the 3 per cent floor rate on spectrum usage charge (SUC). As the government prepares for…
- Technology
Global server market revenues to reach $112 bn in 2022
New Delhi: The global server market’s revenue is expected to grow 17 per cent (on-year) to reach $111.7 billion in 2022, according to a new report. From an enterprise perspective, transformation to…
- Business
Adani Group’s drone division exploring two revenue models similar to tractor industry
New Delhi: The Adani Group’s commercial drones division is exploring two revenue models — dealer-based and service-based — while keeping its primary focus on the agriculture sector, a top official of the…
- Technology
Netflix saw 3.6 mn service cancellations in US in Q1
San Francisco: As Netflix admitted that it is fast losing paid subscribers, data analytics provider Antenna has revealed that the subscription platform actually saw 3.6 million cancellations in the US, its most…
- Business
Paytm FY22 results: Revenue jumps 77% to Rs 4,974 cr, losses reduce 8% to Rs 1,518 cr
New Delhi: One97 Communications Limited (OCL) that owns the brand Paytm, Indias leading mobile payments and financial services company, announced its quarter-ending March 2022 and full financial year FY22 results. The company…
- Middle East
Saudi Arabia records $15 bn surplus in first quarter of 2022
Saudi Arabia has recorded a surplus of $15.3 billion in the first quarter, despite increased income from the oil sector, as the officials kept spendings restrained. The total government income for this…
- Telangana
Telangana: Commercial Taxes dept issues OTS scheme to settle legacy dues
Hyderabad: The Commercial Taxes department on Monday announced a one-time settlement (OTS) scheme to settle disputed tax under the legacy Acts such as the Andhra Pradesh General Sales Tax Act (1957), the Telangana…
- Hyderabad
IIT-H’s iTIC incubator invests around Rs 1.5 crore in DeepTech startups
Hyderabad: The iTIC Incubator at IIT Hyderabad (IITH) recently chose eight deep tech businesses from across India for help through its pre-incubation and incubation programmes and has invested around Rs 1.5 crore…
- Hyderabad
Hyderabad: Early Bird offer on property tax works well for GHMC
Hyderabad: For the first time since its inception, the Greater Hyderabad Municipal Corporation’s (GHMC) Early Bird scheme has surpassed Rs 600 crore in collections, with the civic body now expecting the scheme…
- Technology
Apple faces up to $8 bn revenue hit due to China lockdowns
San Francisco: The ongoing Covid-19 lockdowns in China are set to make a huge dent in Apple revenue for the April-June quarter as the company has indicated up to $8 billion loss…
- Business
Revenue collection up in Himachal by 19 pc despite pandemic
Shimla: The State Taxes and Excise Department on Tuesday said the revenue collection in 2021-22 under all heads was Rs 8,403.70 crore in Himachal Pradesh despite Covid-19, which is 19.30 per cent…
- Hyderabad
Hyderabad: Govt’s non payment of crores of rupees to GHMC hampering development
Hyderabad: The non payment of the amount due by the state government to the Greater Hyderabad Municipal Corporation (GHMC) has taken the Civic body on the verge of bankruptcy. The state government…
- Telangana
Telangana revenue from stamps, registration surpasses Rs 12k crore
Hyderabad: The Telangana State’s Department of Stamps and Registration collected a record amount of revenue for 2021-22 at Rs 12,364 crore by the end of the current fiscal year on March 31. According…