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Tag: reports

Reports: Jets expected to hire Adam Gase as next coach

Reports: Jets expected to hire Adam Gase as next coach

Sports
Jan. 9 (UPI) -- Former Miami Dolphins coach Adam Gase is staying in the AFC East for his next coaching gig. Sources told NFL Network and ESPN that the New York Jets are hiring the 40-year-old. Gase owned a 23-25 record in three seasons with the Dolphins. The Dolphins fired Gase on New Year's Eve. Gase led the Dolphins into the playoffs with a 10-6 record in his first season. Miami went 6-10 in 2017 and 7-9 in 2018. The Jets fired coach Todd Bowles on December 30. Bowles posted a 24-40 mark in four seasons with the Jets. Gase entered the NFL coaching ranks as a scouting assistant with the Detroit Lions in 2003. He later served as an offensive assistant and quarterbacks coach with the NFC North franchise before joining the San Francisco 49ers in 2008 as an offensive assistant. Gase worked w...
Mobikwik reports doubling of revenue, but losses keep piling up

Mobikwik reports doubling of revenue, but losses keep piling up

Finance
Gurugram-based digital payments company Mobikwik has doubled its revenue to Rs 85.6 crore in 2018 against Rs 44.3 crore in 2017, even though losses piled up 51 per cent to Rs 200 crore against Rs 132 crore in the same period, as per filings with the corporate affairs ministry and sourced from business intelligence firm Tofler. The company, which competes with the likes of Paytm and PhonePe, has been facing tremendous competition from its rivals in the payments space. Therefore it has made an effort to move on to become a broader fintech player by entering lending and investments as well. “By end of financial year 2019, we are on-track to double our revenues of 2017–18 and halve our losses. October onwards, we became positive on contribution margin, a milestone that no other fin...
To check fraud, CVC starts examining audit reports of state-run banks, insurance companies

To check fraud, CVC starts examining audit reports of state-run banks, insurance companies

Finance
Probity watchdog Central Vigilance Commission (CVC) has started examining audit reports of state-run banks and insurance companies to check incidents of fraud and suggest corrective measures, officials said Wednesday. The move assumes significance with banks reporting large scale fraud cases and the high number of bad loans or non-performing assets, they said. Vigilance Commissioner T M Bhasin told PTI the CVC is getting a review done of central statutory reports, concurrent auditors' reports and other auditor reports through chief vigilance officers of all public sector banks and insurance companies. "The same (audit reports) are analysed in the Commission and a corrective action plan is advised for time-bound implementation," he said. Chief vigilance officers act as a distant arm of the ...
Bernardo Bertolucci dies aged 77 – reports

Bernardo Bertolucci dies aged 77 – reports

Entertainment
Bernardo Bertolucci, who directed Last Tango In Paris and The Last Emperor, has died aged 77, Italian media reported. The Italian passed away at his home in Rome after suffering a long illness, Italian newspaper Repubblica and other reports said.His press office confirmed his death in an email to The Associated Press.RAI news agency said Bertolucci was surrounded by family.His 1987 movie The Last Emperor, the story of the life of Pu-Yi, the last emperor of China, won nine Oscars. Image: John Lone and Joan Chen in The Last Emperor Bertolucci was born in the northern Italian town of Parma in 1940, the son of famous poet Atillio Bertolucci.He studied at Rome University and won an award for his own poetry aged 21 before d...
Black Friday online sales were record $6.22B, tracking service reports

Black Friday online sales were record $6.22B, tracking service reports

Business
Nov. 24 (UPI) -- Online Black Friday companies racked up a record $ 6.22 billion in sales, up 23.6 percent from last year, according to Adobe Analytics. Adobe's data is based on an analysis of more than 1 trillion visits to retail sites and 55 million stock keeping units, or SKUs. The service, which tracks transactions from 80 of the top 100 internet retailers in the United States, reported 33.5 percent of the sales were via smartphones compared with 29.1 percent from mobile devices in 2017, according to a report by CNBC. Another tracking service, Salesforce.com, found 54 percent of all digital orders on Thanksgiving were made from a mobile device -- the first time the phone sales were more than computers. The phone usage is up from 15 percent as overall digital revenue incresed 18 percen...