India's biggest IT outsourcing firm, Tata Consultancy Services, on Tuesday reported a 34 percent jump in quarterly net profit, beating market forecasts, led by outsourcing deals and new contracts.
Business
Oct 15, 2013
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India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.
Business
Apr 17, 2013
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Shares in India's third-biggest software firm Wipro tumbled more than 11 percent on Tuesday, its first day of trading as a standalone IT company since it hived off other businesses into a separate unit.
Business
Apr 9, 2013
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Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.
Business
Jan 18, 2013
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Indian software outsourcing giant Infosys said Friday it was weeding out under-performing staff and would be asking some to leave, but denied a media report saying 5,000 workers were to be sacked.
Business
Jan 4, 2013
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India's biggest outsourcing firm, TCS, on Thursday posted a 38 percent rise in quarterly profit, beating analysts' estimates, while earnings of rival Infosys disappointed investors.
Business
Jul 12, 2012
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Millions of Bangladeshis have been unable to use the Internet or suffered slow connections after a submarine cable was cut off the coast of Singapore, an official said Thursday.
Telecom
Jun 7, 2012
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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.
Business
Apr 23, 2012
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Indian IT giant Tata Consultancy Services on Tuesday denied a US class action suit that it unfairly kept the US tax refunds of Indian employees working abroad, saying the claims were "without merit".
Business
Apr 3, 2012
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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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