profit

Cognizant’s net profit increased 3% in the fourth quarter to $580 million on lower administration costs and a bump in other income. It will let go of 3,500 people over the next two years. This and more in today’s ETtech Top 5.Also in this…

US-based software exporter Cognizant’s net profit increased 3% in the fourth quarter to $580 million on lower administration costs and a bump in other income.The company's revenue declined 0.3% year on year to $4.81 billion for the…

Finance Minister Nirmala Sitharaman said the GST Council is currently discussing a taxation policy for online gaming, adding that the sector would receive investments once the policy was finalised. This and more in today's ETtech Top 5.Also…

Uber Technologies Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the US ride-sharing giant report better-than-expected results for the January-March period.The…

Three of Australia’s big banks are expected to report a whopping $11.7 billion in profits.National Australia Bank, ANZ and Westpac are predicted to report the staggering profits in interim cash earnings, a jump of 27 per cent compared to…

A JetBlue plane at LaGuardia Airport.Leslie Josephs/CNBCJetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand.JetBlue…

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on Dec. 10, 2021.Joe Raedle | Getty ImagesAmerican Airlines posted a $10 million profit in the first quarter as it ramped up flying and…

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images)Joan Cros | Nurphoto | Getty ImagesSouth Korean electronics giant Samsung's operating profit plunged in the first…

Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023.Thiago Prudencio | Lightrocket | Getty ImagesSony posted record annual operating revenue on Friday, helped by its chip division and sales of its…

Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco on April 9, 2019.Michael Short | Bloomberg | Getty ImagesWhen Google hired Oracle's Thomas…