Category Archives: businessNews

Apple CEO Cook breathes new life into old iPhones

REUTERS – By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time for the holiday

Tata Power Q2 profit falls, misses street estimate

REUTERS – Tata Power Co Ltd reported an about 44 percent slump in quarterly profit, hurt by lower income from its power generation business, missing analysts’ forecasts. Read More at Tata Power Q2 profit falls, misses street estimate Source: Reuters Business News Follow

Punjab National Bank Q2 profit rises, beats estimates

REUTERS – State-run Punjab National Bank (PNB), the country’s fourth-biggest lender by assets, reported a 2 percent rise in second-quarter profit that handily beat forecasts, as its bad loans ratio fell. Read More at Punjab National Bank Q2 profit rises, beats estimates Source:

India services activity rises in October on higher demand

REUTERS – India’s dominant services industry activity expanded at its fastest pace in four months in October as demand continued to strengthen despite accelerating price pressures, a business survey showed on Friday. Source: Reuters Business News Follow @marketcheetah

U.S. Republicans unveil tax cut bill, but the hard work awaits

WASHINGTON (Reuters) – U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised, setting off a frantic race in Congress to give him his first major legislative victory. Source: Reuters Business News