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.

US fails to renegotiate arms control rule for hacking tools

The Obama administration has failed to renegotiate portions of an international arms control arrangement to make it easier to export tools related to hacking and surveillance software—technologies that can be exploited ...

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.

Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized ...

India's TCS says profit jumps 44%, beats estimates

India's biggest software exporter TCS said Friday its quarterly net profit jumped 44 percent, beating estimates, as outsourcing orders rose despite economic troubles in the firm's major markets.

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.

UTC exported software used in Chinese helicopter

(AP) — A division of United Technologies Corp. pleaded guilty on Thursday to crimes related to the illegal export of software that U.S. officials say was used by China to develop the country's first modern military attack ...

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.

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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