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Online travel agent MakeMyTrip continues to post losses, although there is some improvement: net loss of $4.8 million for the quarter ended September 30, 2014, as compared to $7.5 million loss in ... Continue_Reading
Microsoft has reported a net profit of $4.5 billion for the quarter ended September 30, 2014, a 13.5% decline from $5.2 billion profit in the same quarter last year. ... Continue_Reading
Airtel India has reported total 15.5 million 3G connections for the quarter ended September 30, 2014, registering a 23% increase from 12.54 million 3G connections in the previous quarter and more than ... Continue_Reading
Facebook owned mobile messaging app WhatsApp has reported a net loss of $232.51 million for the six month ended June 30, 2014 (H1 2014), a significant increase from $58.8 million loss in ... Continue_Reading
India’s largest direct to home television services operator Dish TV added 0.38 million net subscribers for the quarter ended September 30, 2014, an improvement from 0.33 million additions in the ... Continue_Reading
18% of Uninor’s connections are active Internet connections for the quarter ended September 30, 2014, Telenor has disclosed in its earnings report. ... Continue_Reading
Digital marketing solutions company Ybrant Digital which recently rebranded as Lycos Internet, has reported digital marketing revenues of Rs 344.53 crore for the quarter ended September 30, 2014, registering a 22.2% growth from ... Continue_Reading
The contribution of mobile advertising to Facebook’s ad revenues is increasing: Around 66% of Facebook’s ad revenues for the quarter ended September 30, 2014 was from mobile ads, up from 49% ... Continue_Reading
Amazon is taking a $170 million writedown due to poor Fire Phone sales, Amazon CFO Tom Szkutak disclosed in the company’s earnings conference call for the quarter ended September 30, 2014. ... Continue_Reading
On the Rediff conference call held last week, Rediff Chairman and CEO Ajit Balakrishnan twice told Rajeev Arora, an investor, that he’s free to sell his shares and move on. ... Continue_Reading
October 28, 2014: Just Dial has issued a clarification pointing out that their IPO last year was an offer for sale (from investors), and the company hadn’t raised any funds ... Continue_Reading
Not happy news for investors on the day before Diwali, as the company announced a $3 million loss and a 22% decline in advertising revenue. What’s particularly worrying is ... Continue_Reading