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International

Vibhuti Sharma

UPDATE 2-Vodafone Idea posts slight slip in Q2 revenue on subscriber losses

Oct 29 2020

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 year.

India's Infosys raises revenue forecast, says ready for visa challenge

Oct 14 2020

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.

Multiplex stocks jump as India, home to Bollywood, allows theatres to reopen

Oct 01 2020

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.

Popular game arcade Smaaash shuts down as pandemic hits business - sources

Sep 22 2020

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.

China factory production key as Tesla reports third-quarter results

Oct 23 2019

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.

RPT-China factory production key as Tesla reports Q3 results

Oct 23 2019

* Q3 adj EPS estimate 42 cents loss, rev to fall 7% - Refinitiv

Oracle co-CEO Mark Hurd dies at 62

Oct 18 2019

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

Tesla deliveries miss Wall Street estimates; shares fall 6%

Oct 02 2019

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

Troubles with Tesla's automated parking feature summon safety regulators

Oct 02 2019

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

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