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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
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Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Balance Sheet Of Companies "Very Healthy", Says Adani Group
Adani Group companies "have strong cash flows, and our business plan is fully funded," a group spokesperson told Reuters, responding to a media report that the group halved its revenue growth target and plans to scale down fresh capital expenditure.
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Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Twitter's 'Massive' Revenue Drop Adds to Firm's Heavy Debt Burden After Elon Musk Takeover
Elon Musk recently announced that Twitter had taken a massive hit to revenue since he completed his takeover deal over a week ago. The microblogging service was losing more than $4 million (roughly Rs. 33 crore) a day, largely because advertisers started fleeing once he took over. Musk has also blamed civil rights activists pressuring advertisers, ...
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FASTag Toll Collection Jumps To A Record Rs. 119 Crore/Day In December 2021: Report
The FASTag toll collection also increased by Rs. 502 crore in December when compared to November in 2021. It also saw a substantial jump in revenue increasing by Rs. 1,375 crore year-on-year.
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Polestar 5 Revealed Alongside 2 More EV Models For The Future
It revealed that already it has delivered its cars to 10,000 customers with a revenue of $1.6 billion.
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Ducati Reports Positive Cash Flow Despite Challenges In 2020
Ducati reported 676 million Euro turnover, and 24 million Euros in operating profit.
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Ferrari Slowed By Coronavirus, But Not Driven Off Course
Ferrari has cut its 2020 core earnings forecast blaming a hit to motor sport revenues among other pressures, and warning of an extremely tough second quarter, but it still expects to make more than $1 billion in core profit this year.
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Cisco Offers Big Payment Deferrals Until 2021 as Companies Seek Remote-Work Tools
The financing offer, which requires no payment for three months and then 1 percent of money owed in each of last five months of 2020, could help Cisco stand out among competitors in software and hardware and keep revenue flowing in a challenging economic climate.
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Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
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Apple Reports 17% Rise In June Quarter Revenue, Eyes $1-Trillion Mark
Apple reported net income of $11.5 billion and operating cash flow of $14.5 billion. The biggest $9.55 billion revenue came from Apple services (Apple Music, iCloud and Apple Care).
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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
-
Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Balance Sheet Of Companies "Very Healthy", Says Adani Group
Adani Group companies "have strong cash flows, and our business plan is fully funded," a group spokesperson told Reuters, responding to a media report that the group halved its revenue growth target and plans to scale down fresh capital expenditure.
-
Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Twitter's 'Massive' Revenue Drop Adds to Firm's Heavy Debt Burden After Elon Musk Takeover
Elon Musk recently announced that Twitter had taken a massive hit to revenue since he completed his takeover deal over a week ago. The microblogging service was losing more than $4 million (roughly Rs. 33 crore) a day, largely because advertisers started fleeing once he took over. Musk has also blamed civil rights activists pressuring advertisers, ...
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FASTag Toll Collection Jumps To A Record Rs. 119 Crore/Day In December 2021: Report
The FASTag toll collection also increased by Rs. 502 crore in December when compared to November in 2021. It also saw a substantial jump in revenue increasing by Rs. 1,375 crore year-on-year.
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Polestar 5 Revealed Alongside 2 More EV Models For The Future
It revealed that already it has delivered its cars to 10,000 customers with a revenue of $1.6 billion.
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Ducati Reports Positive Cash Flow Despite Challenges In 2020
Ducati reported 676 million Euro turnover, and 24 million Euros in operating profit.
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Ferrari Slowed By Coronavirus, But Not Driven Off Course
Ferrari has cut its 2020 core earnings forecast blaming a hit to motor sport revenues among other pressures, and warning of an extremely tough second quarter, but it still expects to make more than $1 billion in core profit this year.
-
Cisco Offers Big Payment Deferrals Until 2021 as Companies Seek Remote-Work Tools
The financing offer, which requires no payment for three months and then 1 percent of money owed in each of last five months of 2020, could help Cisco stand out among competitors in software and hardware and keep revenue flowing in a challenging economic climate.
-
Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
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Apple Reports 17% Rise In June Quarter Revenue, Eyes $1-Trillion Mark
Apple reported net income of $11.5 billion and operating cash flow of $14.5 billion. The biggest $9.55 billion revenue came from Apple services (Apple Music, iCloud and Apple Care).
