BlackBerry won’t manufacture smartphones anymore, focus on software
BlackBerry Ltd. posted a 31.8% fall in its second-quarter revenue earnings, prompting it to put an...
Read MoreTag: loss
Mumbai’s overcrowded local trains have lost Rs 3000 crore in 3 years
On Friday, Railway Minister Suresh Prabhu revealed that Mumbai suburban trains have incurred a...
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Apple’s revenue drops for the first time in 13 years
Apple has experienced a significant drop in its revenue for the second quarter owing to a fall in...
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Mumbai Monorail loses Rs 8.5 lakh everyday, Rs 50 per commuter
With only 16,000 passengers using the Monorail daily, the transit system is making a loss of...
Read MoreRailways lost Rs. 14,000 on every suburban service in 2014-15
India’s Suburban Rail service suffered a loss of over 50 lac for each 12-car service in the year 2014-15, according to a recent report. The suburban rail service is operational in over 12 cities across the country and acts...
Read MoreIt’s unfair to make entire city pay for BEST’s losses, says energy minister
After the BEST approached the MERC seeking to impose Transport Deficit Loss Recovery (TDLR) charges on all electricity consumers of BEST, Reliance and Tata Power in the city, energy minister Chandrashekhar Bawankule said...
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