Seoul, April 30 (IANS) Samsung Electronics said on Thursday that its first-quarter net profit surged more than fivefold from a year earlier, driven by robust demand for high-end memory chips used in artificial intelligence (AI) applications.Net profit for the three months ended March jumped to 47.22 trillion won (US$31.8 billion) from 8.22 trillion won a year earlier, the company said in a press release.Operating profit jumped more than eightfold to 57.23 trillion won from 6.68 trillion won over…
Latest Sales News & Updates
New Delhi, April 28 (IANS) Leading automaker Maruti Suzuki India Ltd on Tuesday reported more than 6 per cent decline in consolidated net profit for Q4 FY26 on year-on-year basis, even as revenue increased, according to its exchange filing.The automaker posted a consolidated net profit of Rs 3,659 crore for the January-March quarter, down 6.4 per cent year-on-year from Rs 3,911 crore, and lower by 5.7 per cent quarter-on-quarter from Rs 3,879 crore.In terms of revenue, the company saw a rise of …
New Delhi, April 19 (IANS) Global technology firms accelerated job cuts in the first quarter of 2026, with over 73,200 layoffs by 95 companies, according to industry data.The data from Layoffs.fyi showed that the past two weeks saw a fresh surge in headcount reductions. Snap Inc., The Walt Disney Company, Meta Platforms and Oracle Corporation, announced layoffs recently as firms streamline operations to cut costs and shift resources toward artificial intelligence.Social media platform Snap Inc. …
New Delhi, March 25 (IANS) India’s e-commerce and healthcare sectors lead hiring activity in the first half of FY 2026–27, even as digital skills continue to see strong demand across industries, according to a report released on Wednesday.The report by TeamLease Services highlighted that sector-wise, hiring demand is led by e-commerce and tech startups with a net employment change (NEC) of 8.9 per cent, followed by healthcare and pharmaceuticals at seven per cent, and manufacturing, engineerin…
New Delhi, March 20 (IANS) Leading automobile manufacturer Tata Motors Passenger Vehicles Limited (TMPV) on Friday announced a price increase of 0.5 per cent across its passenger vehicle (ICE) portfolio, effective April 1, 2026.”The weighted average price increase will be 0.5 per cent of the internal combustion engine (ICE) portfolio and the extent will vary across models and variants,” the company said in a statement.The company said that price increase is being undertaken to partially offset t…
New Delhi, Feb 3 (IANS) Steel Authority of India Limited (SAIL), one of the country’s largest steel-making companies and a Maharatna public sector enterprise, on Tuesday announced it has achieved its highest-ever cumulative sales during the April to January period of the current financial year.The company recorded total sales of 16.6 million tonnes during this period in FY 2025–26, showing a strong growth of 16 per cent compared to 14.3 million tonnes in the same period last financial year, …
New Delhi, Jan 8 (IANS) More than 90 per cent professionals in India plan to use artificial intelligence (AI) to search for jobs in 2026, according to a report on Thursday.The report by professional network platform LinkedIn showed that AI has moved from a productivity aid to a confidence-builder for Indian job seekers, with 66 per cent believing that AI boosts their interview confidence.Amid the rise of AI in the hiring process, rapidly shifting skill requirements for today’s jobs, and an inc…