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India's Wipro Q4 profit up 7.7% but forecast muted

India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.

India's TCS quarterly profit leaps 23%

India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

HP shows recovery following PC flip-flop fallout

(AP) -- Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world's largest maker of personal computers and gained back some of the business it had lost while weighing whether to dump ...

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.

Yahoo! to lay off 'thousands': report

Yahoo! is preparing to lay off thousands of workers in a sweeping restructuring being launched less than three months after CEO Scott Thompson took control, according to a report Monday.

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