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India's largest IT firm TCS Q3 profit up 23%

India's biggest outsourcing company, Tata Consultancy Services, reported on Tuesday that net profit rose 23 percent in the third quarter, matching forecasts, thanks to a rise in orders.

dateJan 17, 2012 in Business
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Alibaba chief 'interested' in buying Yahoo!

The head of Chinese Internet giant Alibaba is "interested" in buying Yahoo! and has been approached by private equity firms and other groups about doing a deal, The Wall Street Journal reported on Monday.

dateOct 03, 2011 in Business
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Whitman faces big challenges at HP

No one's counting Hewlett-Packard Co. out. But by any measure, new CEO Meg Whitman faces a mountain of problems as she takes the reins of the world's biggest-selling tech company.

dateSep 28, 2011 in Business
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China's Alibaba chief silent on Yahoo stake

The head of Chinese Internet giant Alibaba, Jack Ma, Saturday gave no hint of the future of Yahoo!'s stake in his firm but said he wasn't responsible for the recent ouster of its chief.

dateSep 10, 2011 in Business
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Cisco's 4Q results, outlook top analyst views

(AP) -- Cisco Systems Inc. provided a small measure of comfort to the battered stock market late Wednesday with quarterly results that underscored the technology bellwether's resolve to improve its financial performance.

dateAug 11, 2011 in Business
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Foxconn cut from Hong Kong's benchmark index

Foxconn International, the world's biggest contract electronics supplier, has lost its blue-chip status after being dropped from Hong Kong's Hang Seng Index (HSI), an HSI official said Wednesday.

dateJun 08, 2011 in Business
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Investors drawn to exploding social media

For every powerhouse like Google, there are dozens of Internet companies that flop. Still, a decade after the dot-com bubble that burst, there is no shortage of investors trying to get a piece of the next online blockbuster.

dateJan 20, 2011 in Business
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