accounting standard

Wipro net profit up 10 percent in third quarter


January 20th, 2012 - 10:29 am ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd reported net profit of Rs.1,456 crore (Rs.14.56 billion) for the third quarter (October-December) of this fiscal (2011-12), registering 10 percent year-on-year (YoY) growth as ... Read more...

Posted in Business |

Infosys profits from weak rupee, lowers dollar guidance (Lead)


January 12th, 2012 - 2:47 pm ICT by IANS
Bangalore, Jan 12 (IANS) India's second largest IT bellwether Infosys Ltd. posted robust revenue and profit growth in the October-December third quarter (Q3), propelled by a weakening rupee that forced ... Read more...

Posted in Business |

Infosys ups fiscal guidance on robust growth


January 12th, 2012 - 12:40 pm ICT by IANS
Bangalore, Jan 12 (IANS) Infosys Ltd marginally revised its revenue guidance for this fiscal (2011-12) 1.5 percent upwards to Rs.34,284 crore (Rs.343 billion) on robust growth in the third quarter ... Read more...

Posted in Business |

Infosys net up 33 percent in third quarter


January 12th, 2012 - 12:35 pm ICT by IANS
Bangalore, Jan 12 (IANS) Infosys Ltd posted net profit of Rs.2,372 crore (Rs.23.7 billion) for the third quarter (October-December) of this fiscal (2011-12), registering a record 33 percent year-on-year (YoY) ... Read more...

Posted in Business |

Wipro net flat in second quarter


October 31st, 2011 - 10:59 am ICT by IANS
Bangalore, Oct 31 (IANS) Wipro Ltd reported net profit of Rs.1,301 crore (Rs.13 billion) for the second quarter (July-September) of this fiscal (2011-12), registering a marginal one percent year-on-year (YoY) ... Read more...

Posted in Business |

Infosys bets on double-digit growth again; beats guidance (Lead)


April 15th, 2011 - 3:23 pm ICT by IANS
Bangalore, April 15 (IANS) Riding on tech revival and increasing outsourcing, India's second largest IT bellwether Infosys Technologies Ltd Friday forecast a double-digit revenue growth again in the new fiscal ... Read more...

Posted in Business |

Infosys gives double-digit guidance for this quarter, fiscal


April 15th, 2011 - 12:00 pm ICT by IANS
Bangalore, April 15 (IANS) Infosys Technologies Ltd has estimated a consolidated revenue of Rs.7,347 crore (Rs.73.47 billion) for the first quarter (April-June) of fiscal 2011-12, projecting an increase of 18.6 ... Read more...

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Infosys net profit up 9.7 percent in fiscal 2010-11


April 15th, 2011 - 11:58 am ICT by IANS
Bangalore, April 15 (IANS) Infosys Technologies Ltd posted a net profit of Rs.6,823 crore (Rs.68.23 billion) for fiscal 2010-11, registering an increase of 9.7 percent year-on-year (YoY), as per the ... Read more...

Posted in Business |

Infosys net up 17 percent in Q4


April 15th, 2011 - 11:23 am ICT by IANS
Bangalore, April 15 (IANS) Infosys Technologies Ltd posted a net profit of Rs.1,818 crore (Rs.18.18 billion) for the fourth quarter (January-March) of fiscal 2010-11, registering an increase of 17.1 percent ... Read more...

Posted in Uncategorized |

Infosys again ups fiscal guidance on double digit growth (Second Lead)


January 13th, 2011 - 2:19 pm ICT by IANS
Bangalore, Jan 13 (IANS) Infosys Technologies Ltd Thursday once again revised its revenue guidance upwards for fiscal 2010-11 on strong double-digit growth of 24 percent year-on-year during the October-December third quarter.Consolidated revenue ... Read more...

Posted in Business |

Infosys net up 14 percent in third quarter


January 13th, 2011 - 11:07 am ICT by IANS
Bangalore, Jan 13 (IANS) Infosys Technologies Ltd posted net profit of Rs.1,780 crore (Rs.17.8 billion) for the third quarter (October-December) in the fiscal 2010-11, registering 14.2 percent year-on-year growth, according to the ... Read more...

Posted in Business |

Infosys returns to double-digit growth, ups guidance again (Lead)


October 15th, 2010 - 1:22 pm ICT by IANS
Bangalore, Oct 15 (IANS) Returning to double digit growth in net profit and revenue during the second quarter (July-Sep), India's second largest IT bellwether Friday revised revenue guidance for this fiscal (2010-11) ... Read more...

Posted in Business |

Infosys ups guidance for fiscal 2011 on strong growth


October 15th, 2010 - 11:30 am ICT by IANS
Bangalore, Oct 15 (IANS) Infosys Technologies Ltd revised its guidance upwards for the fiscal 2010-2011 on strong growth during the second quarter (July-Sept).In a regulatory filing Friday, the IT bellwether said its ... Read more...

Posted in Business |

Infosys posts net profit of over Rs.17 bn in Q2


October 15th, 2010 - 11:13 am ICT by IANS
Bangalore, Oct 15 (IANS) Infosys Technologies Ltd posted a net profit of Rs.17.37 billion (Rs.1,737 crore) for the second quarter (July-Sept) of the fiscal 2010-11, registering year-on-year (YoY) growth of 13.2 percent ... Read more...

Posted in Business |

High Court okays Needwise’ merger with Paras Pharma


August 17th, 2010 - 8:56 pm ICT by IANS
Gandhinagar, Aug 17 (IANS) The Gujarat High Court has allowed the merger of Needwise Advertising Private Ltd with Paras Pharmaceuticals Ltd, a fast moving consumer goods and personal care products company. Justice ... Read more...

Posted in Business |

MindTree net dips 72 percent in first quarter


July 19th, 2010 - 10:16 pm ICT by IANS
Bangalore, July 19 (IANS) Global IT solutions firm MindTree Monday reported consolidated net profit of Rs.16 crore for the first quarter (April-June) of this fiscal (2010-11), registering a sharp decline of 72 ... Read more...

Posted in Business |

Infosys ups revenue forecast on greater demand for services (Lead)


July 13th, 2010 - 1:53 pm ICT by IANS
Bangalore, July 13 (IANS) Buoyed by higher than projected growth in the first quarter, Infosys Technologies Ltd revised its revenue forecast for this fiscal upwards on greater demand for its software services ... Read more...

Posted in Business |

Infosys ups revenue guidance for this fiscal


July 13th, 2010 - 11:37 am ICT by IANS
Bangalore, July 13 (IANS) Infosys Technologies Ltd revised its consolidated revenue guidance for this fiscal upwards to Rs.26,663 crore (Rs.267 billion), projecting 17.3 percent year-on-year (YoY) growth, as per the Indian accounting ... Read more...

Posted in Business |

Infosys net down 2.4 percent in first quarter


July 13th, 2010 - 11:15 am ICT by IANS
Bangalore, July 13 (IANS) Infosys Technologies Ltd registered a net profit of Rs.1,488 crore (Rs.14.88 billion) for the first quarter (April-June) of this fiscal, a decline of 2.4 percent from same quarter ... Read more...

Posted in Business |

Wipro projects higher IT revenue on strong growth (Lead)


April 23rd, 2010 - 1:44 pm ICT by IANS
Bangalore, April 23 (IANS) Wipro Ltd Friday projected higher revenue growth from its global IT services business for the first quarter (April-June) of fiscal 2010-11 following a strong growth in the fourth ... Read more...

Posted in Business |

Wipro net up 18 percent for fiscal 2009-10


April 23rd, 2010 - 11:37 am ICT by IANS
Bangalore, April 23 (IANS) Wipro Ltd posted net profit of Rs.45.93 billion (Rs.4,593 crore) for fiscal 2009-10, registering 18 percent growth year-on-year (YoY), according to the Indian accounting standard. In a regulatory filing ... Read more...

Posted in Business |

Wipro net up 21 percent in fourth quarter


April 23rd, 2010 - 11:12 am ICT by IANS
Bangalore, April 23 (IANS) Wipro Ltd posted net profit of Rs.12.09 billion (Rs.1,209 crore) for fourth quarter (January-March) of fiscal 2009-10, registering 21 percent growth year-on-year (YoY), according to the Indian accounting ... Read more...

Posted in Business |

Infosys revenue to grow in double digit in 2011 (Second Lead)


April 13th, 2010 - 2:58 pm ICT by IANS
Bangalore, April 13 (IANS) Emerging from a year of worst economic slump and technology meltdown, Infosys Technologies Tuesday projected double digit revenue growth for fiscal 2010-11 despite currency volatility and higher wage ... Read more...

Posted in Business |

Infosys projects double digit growth for fiscal 2011 (Lead)


April 13th, 2010 - 12:23 pm ICT by IANS
Bangalore, April 13 (IANS) Infosys Technologies Ltd Tuesday projected a double digit growth for new fiscal (2010-11) on signs of global economic recovery and robust growth in IT spending. In a regulatory filing, ... Read more...

Posted in Business |

Infosys net up four percent for fiscal 2010


April 13th, 2010 - 12:16 pm ICT by IANS
Bangalore, April 13 (IANS) Infosys Technologies Ltd posted a net profit of Rs.6,219 crore (Rs.62.19 billion) for fiscal 2009-10, registering a marginal increase of four percent year-on-year (YoY) from Rs.5,975 crore (Rs.59.75 ... Read more...

Posted in Business |

Infosys net declines marginally in fourth quarter


April 13th, 2010 - 11:31 am ICT by IANS
Bangalore, April 13 (IANS) Infosys Technologies Ltd. posted a net profit of Rs.1,600 crore (Rs.16 billion) for the fourth quarter (Jan-March) of the fiscal 2009-10, registering a marginal decline of 0.9 percent ... Read more...

Posted in Business |

Wipro net profit up 21 percent, projects higher IT revenue (Lead)


January 20th, 2010 - 1:02 pm ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd beat market expectations Wednesday by registering 21 percent year-on-year (YoY) increase in net profit at Rs.1,217 crore (Rs.12.17 billion/$265 million) for the third quarter (October-December) and ... Read more...

Posted in Sci-Tech |

Wipro net profit up 21 percent in third quarter


January 20th, 2010 - 11:12 am ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd. posted a net profit of Rs.1,217 crore (Rs.12.17 billion/$265 million) for the third quarter (Oct-Dec) of this fiscal (2009-10), registering 21 percent year-on-year (YoY) growth, as ... Read more...

Posted in Sci-Tech |

Company law to be amended in budget session


January 13th, 2010 - 1:57 pm ICT by IANS
New Delhi, Jan 13 (IANS) The government plans to introduce a bill to amend the Companies Act in the budget session of parliament to enable convergence of Indian accounting standards with the ... Read more...

Posted in Business |

Infosys revises guidance upwards for this fiscal


January 12th, 2010 - 11:25 am ICT by IANS
Mysore, Jan 12 (IANS) Buoyed by sequential growth in the third quarter, Infosys Technologies Ltd. revised its revenue guidance for the entire fiscal (2009-10) upwards to Rs.22,500 crore (Rs.225 billion/$5 billion), a ... Read more...

Posted in Business |

Infosys net profit dips 3.6 percent in third quarter


January 12th, 2010 - 11:01 am ICT by IANS
Mysore, Jan 12 (IANS) Infosys Technologies Ltd. posted a net profit of Rs.1,582 crore (Rs.15.82 billion/$347.5 million) for the third quarter (Oct-Dec) of this fiscal (2009-10), registering a decline of 3.6 percent ... Read more...

Posted in Business |

Wipro projects $1.11 billion earning from IT services in third quarter (Lead)


October 27th, 2009 - 12:45 pm ICT by IANS
Bangalore, Oct 27 (IANS) Wipro Ltd Tuesday projected an earning of $1.11 billion from IT services for third quarter (October-December) of this fiscal (2009-10), as revenue for second quarter (July-September) at $1.06 ... Read more...

Posted in Business |

Wipro net profit up 19 percent in second quarter


October 27th, 2009 - 11:44 am ICT by IANS
Bangalore, Oct 27 (IANS) Wipro Ltd posted a net profit of Rs 11.62 billion for the second quarter (July-September) of this fiscal (2009-10), registering 19 percent year-on-year (YoY) growth, as per the ... Read more...

Posted in Sci-Tech |

Infosys beats guidance but projects dip for third quarter (Lead)


October 9th, 2009 - 1:28 pm ICT by IANS
Bangalore, Oct 9 (IANS) Sailing through tough times, Infosys Technologies Ltd has again beaten revenue guidance for the second quarter (July-September) of this fiscal (2009-10) by posting Rs.55.85 billion (Rs.5,585 crore) as ... Read more...

Posted in Business |

Infosys projects 5.4 percent revenue decline for third quarter


October 9th, 2009 - 11:32 am ICT by IANS
Bangalore, Oct 9 (IANS) Infosys Technologies Ltd has projected revenue of Rs.54.76 billion (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY) ... Read more...

Posted in Business |

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