• Bharti Infratel Limited
    Bharti Infratel Q4 Net Profit Jumps 64%

    Bharti Infratel Limited today posted a 64% (Rs 472 Crore) up net profit in its audited Consolidated IGAAP results for the forth quarter and full year ended March 31, 2014. The consolidate revenues for the quarter, at Rs. 2,790 Crore grew by 4% over the corresponding period last year. Consolidated EBITDA improved to Rs. 1,160 Crore, up…

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  • Smartphone
    iPhone Sales In India Up 55%

    By: Ravi Sharma/TOI Apple iPhone sales in India have increased 55% over the past year, according to Tim Cook, CEO of the iconic smartphone maker. Cook revealed this in the earnings call for the second quarter on Thursday. Without delving into specific breakup of numbers, Cook also reported strong numbers for other emerging markets such…

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  • Ooredoo
    Ooredoo Plans APAC E-commerce Incubator

    By: Dylan Bushell-Embling/telecomasia Myanmar mobile licensee Ooredoo has formed a e-commerce business incubator joint venture that will cover 15 APAC markets. The Qatar-based operator has teamed up with internet incubator Rocket Internet to take equal stakes in the joint venture Asia Internet Holding. The JV will cover markets including Myanmar, Pakistan, Thailand, Malaysia, Singapore, Indonesia, Vietnam,…

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  • ericsson reports first quarter 2014
    Ericsson’s Q1 Revenue Down 9%

    Ericsson on Wednesday posted a 9% fall in its Q1 revenues due to continued negative impact from North America and Japan. The main reason behind the decline in sales is, lower revenues from two large mobile broadband coverage projects in North America, which peaked in the first half of 2013, and the impact from reduced…

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  • nokia
    Why Nokia India’s Chennai Plant Has Become The Orphan Factory

    By Vidhya Sivaramakrishnan & Gulveen Aulakh/ET Once a celebration of Indian manufacturing, Nokia’s Chennai factory, beset by legal troubles, has become nobody’s child. Old owner Nokia does not want it, new one Microsoft is reluctant to take it. And the solution they have come up with only provides temporary relief to the 7,500 workers there, reports…

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