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
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Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.
Business
Oct 12, 2011
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Indian software giant Infosys Technologies on Wednesday said it will "co-operate fully" with a probe by US authorities into allegations it violated visa laws.
Business
May 25, 2011
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Indian software exporter Satyam Computer Services said Thursday it will pay $125 million to settle a US class action suit, saying the step ends uncertainty over the fraud-hit firm's recovery.
Business
Feb 17, 2011
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Indian software major Wipro announced Friday a change in leadership to bolster its profit performance after releasing quarterly earnings that lagged its IT peers.
Business
Jan 21, 2011
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India's outsourcing giants have slammed a United States bill that could double the cost of a work visa in a move seen as targeting high-profile Indian software exporters.
Business
Aug 10, 2010
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