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.
Business
Mar 21, 2012
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News tagged with software exporter
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.
Business
Oct 18, 2011
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India's Infosys cuts revenue outlook, shares tumble
Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.
Business
Jul 12, 2012
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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.
Business
Jan 20, 2012
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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.
Business
Apr 13, 2012
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