Revenues for Web18, the Internet and Mobile arm of Network18, grew 4.85 percent year-on-year and 12.65 percent sequentially for the quarter ended September 30th 2009. The growth in revenues, coupled ... Continue_Reading

“The worst is behind us” said Eric Schmidt, CEO of Google, as the company announced a 7% year on year growth in revenues. Google has reported gross revenues of $5.94 billion for ... Continue_Reading

For the quarter ended June 30th 2009, Vodafone India has reported an increase 23 percent in revenue at constant exchange rates, and 33 percent, taking into account exchange rate fluctuations. ... Continue_Reading

The effect of cost-cutting and layoffs announced at the and of FY09 by media company NDTV is evident in this quarters financial results: personnel expenditure was down 9.89 percent from Q1 2008-09, ... Continue_Reading

Google has reported gross revenues of $5.52 billion for the quarter ended June 30, 2009, a 2.85 percent year on year increase. Compared with the last quarter, though, revenues are ... Continue_Reading

TV, Digital distribution and New Media helped AIM listed film company Eros International PLC record a 38.7 percent increase to $156.7 million in turnover for FY09. EBITDA was up 41% from ... Continue_Reading

Tips Industries Ltd (TIPS) has recorded a net loss of Rs. 2.49 million for the quarter, compared to a profit of Rs. 7.46 million in Q3. Revenues rose to Rs. ... Continue_Reading

Update: During the earnings conference call, Rediff Chairman and CEO Ajit Balakrishnan summarized the financial performance: “We did $25 million in revenue, and at the operating level, we earned $6 ... Continue_Reading

Losses mounted for Northgate Technologies in the January to March 2009 quarter as the company reported a consolidated net losses of Rs 3527.1 million over revenues of Rs 490.87 million ... Continue_Reading

Updated below Original Story (14:30 hrs): Infomedia18, which owns various publications such as Overdrive, Chip, T3 and Better Interiors, and the classifieds portal Yellow Pages has posted a net loss of Rs ... Continue_Reading

Media company NDTV is going to reduce the number of personnel by over 20% in the immediate term, which the company claims will help it in cash reduction in several cost heads in ... Continue_Reading

  The point to notice about MTNLs financials, is how heavily they are dependent on their wireline business for revenues, and how badly it is performing. At Rs. 8458.13 million for the ... Continue_Reading