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Tag Archives: net

L&T Finance net soars 49% as advances surge

MUMBAI, JUL 26:   L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs. 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many quarters of ... Read More »

Bajaj Finserv consolidated net up 22% in first quarter

MUMBAI, JULY 19:   Bajaj Finserv, the holding company for the various financial services businesses of the Bajaj group, has reported a 22 per cent increase in consolidated net profit in the first quarter on the back of strong financial performance of subsidiaries Bajaj Finance (BFL) and Bajaj Allianz General Insurance Company (BAGIC). In the reporting quarter (Q1) ended June 30, ... Read More »

Net Neutrality: Facebook, Alphabet Among Tech Firms Urging FTC to Maintain Status Quo

A group representing major technology firms including Alphabet Inc and Facebook urged the US Federal Communications Commission on Monday to abandon plans to reverse the landmark 2015 rules barring Internet service providers from blocking or slowing consumer access to Web content. The Internet Association said in its filing with the FCC that dismantling the net neutrality rules “will create significant uncertainty in the market and upset the careful ... Read More »

Net neutrality protests to blanket internet

Major technology companies and tech advocacy organizations are banding together in a last-ditch effort to save the Federal Communication Commission’s net neutrality rules. On Wednesday, companies like Google, Facebook and Amazon, along with lawmakers and other tech groups, will stage a net neutrality “Day of Action” aimed at stopping FCC Chairman Ajit Pai from scrapping the net neutrality rules approved ... Read More »

What Canadians will lose out on as the U.S. deregulates the Internet while we’re stuck on ‘net neutrality’

Is the U.S. about to kill the open Internet and will Canada save it? The new chair of the U.S. Federal Communications Commission (FCC) plans to jettison America’s “net neutrality” regulations and replace them with guidelines. The New York Times, in a spirited editorial headline last month, summarized it like this: “FCC Invokes Internet Freedom While Trying to Kill It.” ... Read More »

Photographer: Krisztian Bocsi/Bloomberg Internet Privacy Furor Is a Preview of the Coming War Over Net Neutrality

The U.S. Congress’s decision to invalidate a set of internet privacy rules from the Obama administration set off a firestorm this week. The change, which will allow service providers like AT&T Inc. and Verizon Communications Inc. to collect and sell customers’ information without their permission, prompted ad campaigns from internet freedom groups shaming lawmakers and a small wave of service journalism about VPNs ... Read More »

Bad News For Online Businesses: Trump May Reverse Net Neutrality Rules

President Donald Trump’s new administration has allegedly signed off on a policy approach that could completely remake the Federal Communications Commission and reverse net neutrality rules for online businesses. Last February, the FCC produced a landmark ruling that declared the Internet was a utility, and that access consequently could not be prioritized to favor certain web content. According to the ... Read More »

EU Telecom Regulators Take Strict View of Net Neutrality Rules

EU Telecom Regulators Take Strict View of Net Neutrality Rules HIGHLIGHTS The guidelines on net neutrality were welcomed by internet activists The European Union adopted its first-ever net neutrality law last year Specialised services over dedicated network capacity will be offered EU regulators on Tuesday adopted a strict interpretation of rules limiting how telecoms firms like Vodafone and Orange can ... Read More »

BlackBerry Reports Fiscal Q4 Net Profit of $28 Million

BlackBerry Ltd posted better-than-expected quarterly earnings on Friday, offering signs its turnaround efforts may be beginning to gain traction, but a larger-than-expected drop in revenue worried investors. The stock seesawed in premarket trading, reflecting the mixed investor sentiment. The stock initially rose sharply, then fell into negative territory. It was up 4.8 percent at $9.75 at 8 a.m. EDT (1200 ... Read More »

LG G5 India release, net Neutrality in India, and extra news This Week

A massive roster of launches, some exceedingly ordinary authorities decisions, and a few excellentmedical tendencies; this week has seen loads occur. Asus had a big week, with the launches of the ZenFone 3, ZenFone 3 Deluxe, and ZenFone three ultra, at the side of the “thinner than a MacBook” ZenBook three, and possibly maximum curiously, the Asus Zenbo family robotic, ... Read More »