News tagged with software exporter

India's Infosys profit up 27% but shares tumble

Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0

India's Tech Mahindra announces Satyam merger

India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.

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created Mar 21, 2012 | popularity 5 / 5 (1) | comments 0

India's Wipro quarterly profits, revenue outlook up

Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.

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created Jan 20, 2012 | popularity not rated yet | comments 0

Nintendo's loss swells to $925 mn for first half

Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.

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created Oct 27, 2011 | popularity not rated yet | comments 0

India's TCS slides near 8% as earnings disappoint

Shares in India's biggest software exporter TCS plunged nearly eight percent on Tuesday, a day after the firm posted earnings figures that fell short of market expectations.

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created Oct 18, 2011 | popularity not rated yet | comments 0

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.

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created Oct 18, 2011 | popularity not rated yet | comments 0

India's TCS announces 14.7% Q2 profit jump

India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.

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created Oct 17, 2011 | popularity 5 / 5 (1) | comments 0

India's Infosys Q2 profit up near 10%, shares jump

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.

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created Oct 12, 2011 | popularity not rated yet | comments 0

Indian outsourcing industry hits out at US visa bill

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.

Technology / Business

created Aug 10, 2010 | popularity 4.7 / 5 (6) | comments 1

India's Tata Consultancy Services Q4 net profit up 4.6 pct

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.

Technology / Business

created Apr 20, 2009 | popularity not rated yet | comments 0