Quarter

Twitter disappoints investors as user growth hits wall

Twitter Inc reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend.

Microsoft reports upbeat quarter: Satya Nadella's cloud push pays off

Microsoft Corp reported quarterly revenue and profit that beat analysts' expectations, driven by aggressive cost cutting and growing demand for its cloud products and services.

Maruti's Q1 PAT accelerates 56% at Rs 1,193 crore on strong volumes, cost measures

Net sales during the period jumped 18.1% on-year at Rs 13,078.32 crore

China rising, Korea struggling, Apple beats Android and more: 5 key takeaways from the Gartner report

A lot's been happening in the smartphone market. And India is witness to a meteoric rise in the adoption of mobility devices. Here are our 5 key takeaways from the latest Gartner report.

Large infra, app deals raise Wipro Q1 net profit 29.5% to Rs 2,103 cr

For the quarter ended June 30, Wipro posted a consolidated net profit of Rs 2103 crore ($349.9 million), compared with Rs 1623 crore in the year-ago quarter.<br />

TVS Motor Q1 net profit up 39% to Rs 72.32 cr on robust sales

The company had posted a net profit of Rs 51.87 crore during the April-June quarter last fiscal.<br />

Wall St rally rolls into 5th day; banks and tech lead

NEW YORK (Reuters) - U.S. stocks rose on Wednesday, bolstered by the financial and technology sectors, and were set to scale fresh highs as a rally kept going for a fifth consecutive session. The S&P 500 financial sector index rose 0.6 percent, with JPMorgan Chase & Co ( JPM.N ) up 1.4 percent at $49.83.

Apple Wants Component Prices Slashed

In an attempt to bring in more profits from the sale of the iPad and iPhone, Apple has been increasingly demanding that its suppliers slash their quotes by as much as 10 per cent.

Acer Slows Down Tablet Production

A report by Reuters states that Acer has decided to cut down on tablet production after failing to meet targets. Acer had set a target of some 5 to 7 million units.