Tag: Quarter’

AU Small Finance Bank’s profit up 42% in March quarter

Loknath Das

MUMBAI: AU Small Finance Bank’s profit grew 42 per cent to Rs 118 crore in the March quarter led by a 50 per cent growth in loans for vehicle purchases. Net Interest Income the difference between what it paid for funds and what it earned from lending, nearly to Rs 851 crore from Rs 464 crore. “Capital raise, stable asset quality, adequate liquidity, continued growth momentum and uptick in yields, cost to income and return ratios were key highlights of the fiscal,” said Sanjay Agarwal, CEO, AU Small Finance. The credit growth was driven by strong…

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iPhone X Sales ‘Surpass Expectations’ in Apple’s Biggest Ever Quarter

Loknath Das

HIGHLIGHTS Apple’s revenue increased by 13 percent to reach $88.3 billion iPhone X our top-selling iPhone every week since November: CEO Overall iPhone sales were about a million fewer than last year Apple on Thursday said its earnings in the final three months of last year set new records, with sales of its flagship iPhone X topping its expectations. The California-based technology giant reported that profit climbed to $20 billion (roughly Rs. 1.28 lakh crores) on revenue that increased 13 percent to $88.3 billion (roughly Rs. 5.66 lakh crores) during the period. “We’re…

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Xiaomi Says It Shipped 9.2 Million Smartphones in India Last Quarter

Loknath Das

HIGHLIGHTS Xiaomi shipped 9.2 million smartphones in Q3 2017 This is a record for the Chinese company in the country Xiaomi Redmi Note and Redmi 4 are the top selling smartphones Xiaomi has announced that it shipped 9.2 million smartphones, a record number of units, in India in Q3 2017. The announcement was made by Manu Kumar Jain, Vice President Xiaomi and Managing Director Xiaomi India in a tweet. Jain also shared a piece of trivia about Xiaomi smartphones shipments in the country. “We started with a humble beginning of…

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ECU referendum end result: Scotland’s better schooling quarter emphasises ‘not anything adjustments in a single day’

subhadip

As the United Kingdom files for divorce from the ecu Union after greater than 40 years collectively, all eyes have fallen on Scotland wherein all 32 council regions overwhelmingly sponsored stay, a spectacular sixty two according to cent to just 38 according to cent for depart. First Minister Nicola Sturgeon stated the humans of Scotland see their future as part of the eu, adding that a 2nd Scottish independence referendum is “surprisingly in all likelihood” with those unswerving to stay expressing situation that the north of the UK is being…

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Oman: ‘You’ve never heard silence until you get to the Empty Quarter’

subhadip

Researching this romantic corner of the Arabian peninsula for her book, Katherine Webb fell in love with the beautiful calm of the desert Sand scene … the Empty Quarter, Oman. Photograph: Alamy My novel is set in Oman, so I visited as a researcher not as a tourist. Rather than relaxing, I wanted to see as much as possible: to explore its cities and mountains, and the Empty Quarter, the world’s largest sand desert. Novelist Katherine Webb. Photograph: Adrian Sherratt for the Guardian   Unlike the UAE, Oman retains a…

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