Future

Microsoft Lays Off ‘Dozens’ as It Cuts Costs in Mobile Division: Report

Microsoft is reportedly laying off many of its employees related to its mobile division in multiple countries including Finland, in an attempt to cut costs. The report comes courtesy Finnish publication Helsigin Sanomat, which says that dozens of employees have been let go from the company. The report claims that the company is handing out pink slips to employees in ... Read More »

Nexus Users Start Receiving Fix for Gmail Notification Bug

Several Nexus users for months have been facing issues that restricted their devices from getting notified about incoming mails on Gmail. Google has finally confirmed that a fix has started rolling to Nexus users that will fix the missing Gmail notification bug. Many users took to Google’s support forum, Reddit, and AOSP tracker page to report the issue on their ... Read More »

Alcatel OneTouch Idol 4S Retail Box to Double as Cardboard VR Headset: Report

Alcatel is seemingly planning a major push to the nascent virtual reality technology category. The joint venture with France’s Alcatel-Lucent plans to make use of the retail box which would ship with its upcoming Android handset OneTouch Idol 4S as a VR headset, according to a report. Alcatel has found a good use for the retail box that you usually ... Read More »

Lenovo Vibe P1 Turbo With 13-Megapixel Camera, 5000mAh Battery Launched

Lenovo has quietly launched the ‘Turbo’ variant of its Vibe P1 smartphone in Indonesia. The Lenovo Vibe P1 Turbo is available for pre-orders at IDR 3,999,000 (roughly Rs. 20,000) in Silver, Graphite Gray, and Gold colour variants. The handset’s availability details outside the region are not yet known. The dual-SIM (Micro-SIM + Micro-SIM) supporting Vibe P1 Turbo shares almost all ... Read More »

LG G5 Quick Cover Unveiled Ahead of Smartphone’s MWC 2016 Launch

LG in a rather unorthodox move on Thursday unveiled the LG G5’s Quick Cover case ahead of the launch of the LG G5 handset itself. The smartphone will be launched at the company’s pre-MWC 2016 keynote event on February 21. As per the company, the LG Quick Cover offers all the advantages of previous cover cases but with some more ... Read More »

IL&FS Engineering Q3 Net Loss at Rs 79 Crore

New Delhi: IL&FS Engineering and Construction company on Saturday reported a net loss of Rs 78.57 crore for the quarter ended December 31, on account of dip in income. The company had clocked a net profit of Rs 76.52 crore for the October-December period last fiscal. Total income from operations during the quarter under review declined to Rs 437.42 crore ... Read More »

Dr Lal PathLabs Q3 Profit More Than Doubles to Rs 61 Crore

New Delhi: Diagnostic services provider Dr Lal PathLabs on Saturday reported over two-fold jump in consolidated net profit at Rs 60.82 crore for the third quarter ended December 31, 2015. The company had posted a net profit after taxes and minority interest of Rs 22.66 crore for the corresponding period of the previous fiscal, Dr Lal PathLabs said in a ... Read More »

Godawari Power & Ispat Reports Rs 40-Crore Net Loss for December Quarter

New Delhi: Godawari Power and Ispat Ltd on Saturday reported a net loss of Rs 39.89 crore for the quarter ended December 2015. The company had posted a net profit of Rs 7 crore in the year-ago period, it said in a BSE filing. The firm’s total income from operations reduced to Rs 438.56 crore, from Rs 564.44 crore in ... Read More »

PSU Banks Book Highest Ever Loss as Bad Loans Mount

New Delhi: Hit hard by mounting non-performing assets (NPAs) or bad loans, many leading public sector banks, including Bank of Baroda, Bank of India and IDBI Bank, reported their highest ever quarterly losses aggregating to over Rs. 12,000 crore, while others like State Bank of India (SBI) and Punjab National Bank (PNB) witnessed sharp erosion in profits. Bank of Baroda ... Read More »

Ramky Infra Q3 Loss Narrows to Rs 12 Crore

New Delhi: Ramky Infrastructure’s net loss has narrowed down substantially to Rs 12.35 crore in the quarter ended December 31, 2015, due to a high income and a low finance cost. The company had posted a net loss of Rs 133.09 crore for the corresponding period year ago. Its total income rose to Rs 349.49 crore in third quarter from Rs 304.56 crore in the ... Read More »