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.
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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University of British Columbia researchers have identified conservation "hot spots" around the world where the temptation to profit from overfishing outweighs the appetite for conservation.
Ecology
Feb 20, 2012
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(PhysOrg.com) -- Consumer confidence continued to improve in January due to positive news about potential job gains, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University ...
Economics & Business
Jan 30, 2012
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Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.
Business
Jan 18, 2012
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India's biggest outsourcing company, Tata Consultancy Services, reported on Tuesday that net profit rose 23 percent in the third quarter, matching forecasts, thanks to a rise in orders.
Business
Jan 17, 2012
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India's fourth-biggest software services firm, HCL, Tuesday posted a 43 percent jump in quarterly net profit, beating forecasts, thanks to stronger outsourcing demand and a weak rupee.
Business
Jan 17, 2012
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As the U.S. economy continues to lag, many investors remain wary about taking risks with the stock market. Now, researchers at the University of Missouri have concluded that this attitude toward investment risk-taking is ...
Economics & Business
Jan 9, 2012
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The coming years will bring increased personalization, innovation and flexibility in the media landscape, according to the Georgia Institute of Technology. These findings were announced in today's release of the FutureMedia ...
Social Sciences
Dec 14, 2011
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The political outlook of blacks in America has undergone dramatic swings in the last ten years from the depths of powerlessness during the aftermath of Hurricane Katrina, to the zenith with the election of the first ...
Social Sciences
Nov 1, 2011
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(AP) -- Amazon's spending on expansion will eventually help its bottom line, but right now it's costing the online retailer on Wall Street.
Business
Oct 25, 2011
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