Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.
Business
Jan 13, 2011
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US-based iGate and a British private equity firm announced a 1.2-billion-dollar deal on Monday to buy one of India's oldest software firms in a major move into the outsourcing business.
Business
Jan 10, 2011
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India's third-biggest software exporter Wipro said Thursday quarterly net profit jumped a forecast-beating 31 percent and was upbeat about revenue prospects, citing better outsourcing demand.
Business
Jul 23, 2010
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India's third-biggest software company Wipro on Friday said fourth-quarter net profit rose more than a fifth as the firm bagged several large deals amid a broad uptick for the sector.
Business
Apr 23, 2010
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Infosys Technologies, India's second-biggest software firm, posted Friday a surprise 7.5 percent quarterly jump in net profit as an improving global economy eased price-cutting pressure.
Business
Oct 9, 2009
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India's second-biggest software exporter Infosys announced Friday a better-than-expected 17.2 percent rise in first-quarter net profit, but said global conditions remained challenging.
Business
Jul 10, 2009
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India's largest software exporter Tata Consultancy Services Monday said net profit rose 4.61 percent in the fourth quarter, hit by lower fees and cuts in technology spending due to the global economic slowdown.
Business
Apr 20, 2009
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Fraud-hit Indian outsourcing firm Satyam on Friday said it had been given the green light to open a global bidding process to sell off a 51 percent stake in the company.
Business
Mar 6, 2009
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Mumbai announced detailed plans to zero out carbon emissions by 2050, a target that puts it two decades ahead of India's national goal and makes it the first city in South Asia to set such a timeline.
Environment
Mar 14, 2022
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Cyclone Nisarga ripped roofs off homes in a coastal town near Mumbai Wednesday after officials ordered offices and factories to shut and told people to stay home, reversing a move to ease a coronavirus lockdown in the Indian ...
Environment
Jun 3, 2020
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