Related topics: net profit

Fraud-hit Satyam gets nod for 51 pct stake sale

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.

India's Infosys profits up 14.1%, lag forecasts

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.

India's TCS announces 29 pct quarterly profit jump

India's biggest software services exporter, TCS, reported Friday that its quarterly net profit rose by 29 percent as the company sealed more deals in a better global business environment.

US-based iGate in $1.2-bn Indian outsourcing deal

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.

India's IT leader Wipro revamps leadership

Indian software major Wipro announced Friday a change in leadership to bolster its profit performance after releasing quarterly earnings that lagged its IT peers.

India software giant TCS profits up 30%

India's largest software exporter Tata Consultancy Services on Monday said profits rose nearly 30 percent in the third quarter, beating forecasts, as outsourcing orders strengthened.

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.

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