BENGALURU, Oct 29 Indian telecom operator
Vodafone Idea Ltd reported a marginal fall in
second-quarter revenue on Thursday, as subscriber losses to
rivals overshadowed benefits from a move to hike tariffs last
BENGALURU/NEW DELHI Indian software services firm Infosys Ltd raised its annual revenue growth forecast on Wednesday as it posted a better-than-expected quarterly profit, buoyed by growth in demand for its digital services during the pandemic.
BENGALURU Shares of India's two largest multiplex operators PVR Ltd and Inox Leisure Ltd surged in morning trading on Thursday, after the government said it would allow states to reopen movie theatres at half their capacity from Oct. 15 after remaining shut for six months.
BENGALURU Popular Indian gaming and entertainment centre operator Smaaash Entertainment is shutting down, according to an internal email and sources in the company, as few choose to hang out in its arcades amid surging coronavirus cases.
Tesla Inc is conducting trial production runs at its new $2 billion China factory for the past several weeks and will sell some of the first cars from the plant to its employees, sources told Reuters.
* Q3 adj EPS estimate 42 cents loss, rev to fall 7% -
Oracle Corp's 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker's ongoing transition to cloud computing. | Video
Electric car company Tesla Inc said on Wednesday its deliveries rose less than 2% in the third quarter, missing Wall Street estimates and sending its shares down nearly 6% in trading after the bell. | Video
WASHINGTON/BENGALURU U.S. regulators are looking into parking lot crashes involving Tesla Inc cars driving themselves to their owners using the company's Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. | Video