Tag Archives: Books

LG Books First Quarterly Loss in 6 Years on Worst Mobile Result

South Korea’s LG Electronics Inc on Wednesday reported its first quarterly operating loss in six years in October-December due to its worst mobile performance. Its fourth-quarter loss reached KRW 35 billion ($30.06 million or roughly Rs. 204 crores), in line with its guidance earlier this month, said LG Electronics, the world’s second-largest television maker behind Samsung Electronics Co Ltd. That ... Read More »

Freedom 251 Company’s Books to Be Scrutinised: Ravi Shankar Prasad

The Directorate of Enforcement is investigating Ringing Bells, the company that launched the Freedom 251 for alleged contravention of FEMA. Besides, the Corporate Affairs Ministry has ordered scrutiny of the company’s books, while the Department of Electronics and IT (DeitY) is reviewing issues related to Freedom 251 smartphone, touted as world’s cheapest. Responding to queries related to the smartphone, Telecom ... Read More »