Wipro profits up 18 pct on strong demand
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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Nokia sheds 300 IT jobs, transfers 820 workers
Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations.
Business
Jan 17, 2013
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Net profit of India's largest IT firm TCS up 23%
India's biggest IT outsourcer, Tata Consultancy Services, said on Monday that net profit beat forecasts to rise 23 percent in the third quarter despite economic woes in its main markets.
Business
Jan 14, 2013
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Shares in Indian outsourcer Infosys soar on outlook
Indian IT outsourcer Infosys on Friday reported a stronger-than-expected quarterly profit and gave an improved outlook for annual revenues, sending its shares soaring.
Business
Jan 11, 2013
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India's TCS says profit jumps 44%, beats estimates
India's biggest software exporter TCS said Friday its quarterly net profit jumped 44 percent, beating estimates, as outsourcing orders rose despite economic troubles in the firm's major markets.
Business
Oct 19, 2012
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India's TCS profits rise 38%, rival Infosys disappoints
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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India software giant TCS warns of market weakness
India's biggest outsourcer Tata Consultancy Services warned Friday of "weakness" in global markets, marking the latest downbeat comment to emerge from the country's flagship software industry.
Business
Jun 29, 2012
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India's TCS shares surge on upbeat earnings
Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.
Business
Apr 24, 2012
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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.
Business
Apr 23, 2012
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India takes US visa fee hike to WTO
India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country's flagship outsourcing firms, an official said Tuesday.
Business
Apr 10, 2012
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