NEW DELHI: Multi-brand retail chain V-Mart Retail on Friday reported a 17.77 per cent fall in net profit to Rs 47.87 crore for the quarter ended on December 31, 2020, on account of lower income. The company had posted a profit of Rs 58.22 crore for the corresponding period of 2019-20. The total income during October-December 2020 stood at Rs 470.30 crore, down 16.40 per cent as against Rs 562.58 crore in the year-ago period, V-Mart said in a filing to the BSE. V-Mart said the Covid-19 pandemic has a significant impact on the business operations and financial results of the company for the quarter and period ended December 31, 2020. "With easing lockdown and opening of economic activities, the company believes that the company's operations will increase and expects the momentum to continue with an overall improvement in Covid-19 situation," it added. Shares of V-Mart closed 2.33 per cent higher at Rs 2,531 apiece on the BSE on Friday. … [Read more...] about V-Mart Q3 results: Retail profit falls 18% to Rs 47.87 crore
Q3 2020
Apple MacBook Pro 13-inch and MacBook Air with ARM CPUs could be out later in 2020
Same designObviously, this is just a prediction, so as ever approach with caution, and indeed Kuo isn’t clear on the MacBook Air definitely arriving in the final quarter of this year – it might see a Q1 2021 launch as noted. These machines will keep much the same design as existing models, the main change being that new CPU. … [Read more...] about Apple MacBook Pro 13-inch and MacBook Air with ARM CPUs could be out later in 2020
Reliance Jio Q3 net profit up 15.5%; user churn rose due to “malicious” campaign
Reliance Jio Infocomm’s (Jio) net profit rose 15.5% sequentially to Rs 3,489 crore for the October-December quarter– its 13th profitable quarter in a row – backed by higher average revenue per user (ARPU). But its net user additions of 5.2 million was its slowest ever, with a higher percentage of subscribers leaving the network due to what the company said were “recent malicious and motivated campaigns against Reliance Group in select geographies.”Revenue rose by 5.3% on quarter to Rs 22,558 crore in the third quarter of the fiscal, said the largest telco in a statement on Friday. "…Jio will continue to accelerate the rollout of its digital platforms and indigenously developed next generation 5G stack and make it affordable and available everywhere. Jio's 5G service will be a testimony to the vision of AtmaNirbhar Bharat," Mukesh Ambani, chairman of Jio’s parent Reliance Industries (RIL), said in a statement. Read alsoTelcos' gross … [Read more...] about Reliance Jio Q3 net profit up 15.5%; user churn rose due to “malicious” campaign
KCR’s son to be next Telangana CM? Chorus grows louder for KTR
Of late, some senior leaders have openly started talking about KTR taking the reins of the state, even as there was no reaction from the party on the issue of Chief Minister K Chandrashekhar Rao handing over the baton to his son KTR in the immediate future. Minister T Srinivas Yadav on Thursday asked what was wrong in KTR becoming Chief Minister of the state, when his attention was drawn to the comments made by a few MLAs on the issue. … [Read more...] about KCR’s son to be next Telangana CM? Chorus grows louder for KTR
MacBook Pro 16-inch (2021) release date, price, news and leaks
But if the Touch Bar could be getting kicked into, er, touch, then there’s another design feature apparently set to return – the MagSafe charger. This was a popular charging setup in the past, which as the name suggests uses a magnetic connection, so if the cable is unexpectedly yanked – say, it’s tripped over by someone – then it easily and harmlessly comes out (as opposed to pulling the plugged-in MacBook off a table, for example). … [Read more...] about MacBook Pro 16-inch (2021) release date, price, news and leaks