India's HCL profit soars 50 pct but shares dive
India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.
India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.
Business
Oct 18, 2011
0
0
Companies worldwide are slashing spending on information technology because of the global downturn and will have to learn to do more with less, Microsoft chief executive Steve Ballmer said Monday.
Business
Nov 2, 2009
0
0
(AP) -- As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.
Business
Jun 30, 2009
0
0
A study published in Economic Inquiry that examined data from 133 countries from 1950-2014 found that a reduction in fiscal space—with fiscal space being the ability of governments to provide resources without undermining ...
Economics & Business
Jun 23, 2021
0
2
Market hysteria over coronavirus may have seen hundreds of points wiped off indexes around the world this week, but Oxford University experts maintain the COVID-19 crisis should not necessarily foreshadow an economic downturn.
Economics & Business
Mar 16, 2020
0
4
Financial markets can tell us a lot about the economic recovery ahead, based on their direction of travel and how confident investors feel about the future. This is important as we emerge from the COVID-19 pandemic. There ...
Economics & Business
Jul 28, 2020
0
5
The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...
Economics & Business
Jun 16, 2022
0
4