Sensex falls 307 points; likely to remain volatile (Weekly market review)
July 15th, 2012 - 5:57 pm ICT by IANS
Mumbai, July 15 (IANS) Indian stock markets are likely to open volatile Monday, after the benchmark indices snapped five-week of winning spree in the previous week, on disappointing earnings ... Read more...
Posted in Business |
Sensex up 52 points; TCS, HDFC Bank rise
July 13th, 2012 - 3:03 pm ICT by IANS
Mumbai, July 13 (IANS) A benchmark index of Indian equities markets rose 52 points in afternoon session Friday, led by good buying support in TCS, Gail India and HDFC ... Read more...
Posted in Business |
TCS profit jumps 37.4 percent in April-June quarter
July 12th, 2012 - 8:34 pm ICT by IANS
Mumbai, July 12 (IANS) Tata Consultancy Services, the country's largest software services exporter, Thursday announced a 37.4 percent rise in net profit for the quarter ended June 30, 2012, helped ... Read more...
Posted in Uncategorized |
Sensex dips 257 points; Infosys, Wipro slump (Roundup)
July 12th, 2012 - 6:50 pm ICT by IANS
Mumbai, July 12 (IANS) A benchmark index of Indian equities markets slumped 1.5 percent Thursday after Infosys announced disappointing earnings for the June quarter that led to a ... Read more...
Posted in Business |
Microsoft’s announcement, nothing to do with Barnes & Noble
June 19th, 2012 - 8:35 pm ICT by Aishwarya Bhatt
New York, June 19 (THAINDIAN NEWS) The scheduled announcement that Microsoft is planning to issue later today has generated increased media attention. Rumors have claimed that the company would announce today the ... Read more...
Posted in Technology Industry News |
TCS quarterly net profit rises 18.2 percent
January 17th, 2012 - 8:48 pm ICT by IANS
Mumbai, Jan 17 (IANS) India's largest software service exporter Tata Consultancy Services (TCS) Tuesday reported an 18.2 percent rise in net profit at Rs.2,802.77 crore for the December quarter as ... Read more...
Posted in Business |
Bill Gates to testify in Utah in the Novell Inc. suit
November 21st, 2011 - 7:38 pm ICT by Aishwarya Bhatt
Washington, Nov 21 (THAINDIAN NEWS) Bill Gates, the Chairman of Microsoft Corporation, will take the stand and testify in a suit filed by Novell Inc. The suit against the world’s largest software ... Read more...
Posted in Technology Industry News |
TCS subsidiary bags $2.2 billion contract
November 9th, 2011 - 11:10 pm ICT by IANS
Mumbai, Nov 9 (IANS) Britain-based business process outsourcing (BPO) service provider and subsidiary of India's largest software company Tata Consultancy Services (TCS) Diligenta Wednesday said it had won a 15-year ... Read more...
Posted in Business |
HP may buy software company for $10 bn: Report
August 19th, 2011 - 9:29 am ICT by IANS
Washington, Aug 19 (IANS) Personal computer giant Hewlett-Packard (HP) is in talks to buy British software company Autonomy for about $10 billion, a media report said.HP - based in Palo ... Read more...
Posted in Sci-Tech |
TCS plans Rs.2,300 crore capital expenditure
August 5th, 2011 - 6:24 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's largest software firm, Tata Consultancy Services (TCS), has said it intends to spend Rs.2,300 crore as capital expenditure during the current financial year. The ... Read more...
Posted in Uncategorized |
Bank of West selects AppLabs as its quality management partner
June 7th, 2011 - 8:23 pm ICT by IANS
Hyderabad, June 7 (IANS) City-based AppLabs, the largest software testing and quality management company, Tuesday announced that US retail banking leader Bank of the West has selected AppLabs as its ... Read more...
Posted in Business |
TCS ranked among Britain’s top five employer
May 12th, 2011 - 9:30 pm ICT by IANS
Mumbai, May 12 (IANS) India's largest software company Tata Consultancy Services (TCS) Thursday said it has been ranked among Britain's top five employers by the CRF institute.The CRF Institute ... Read more...
Posted in Business |
TCS quarterly net profit rises 31.1 percent
April 21st, 2011 - 6:00 pm ICT by IANS
New Delhi, April 21 (IANS) India's largest software company Tata Consultancy Services (TCS) Thursday posted a 31.1 percent increase in net profit at Rs.2,623 crore for the quarter ended March ... Read more...
Posted in Uncategorized |
Infosys suffers 10 percent tumble on disappointing earnings
April 15th, 2011 - 8:50 pm ICT by IANS
Mumbai, April 15 (IANS) Share price of Infosys Technologies, India's second largest software exporter, plunged almost 10 percent Friday, the sharpest fall in almost two years, after the company's fourth ... Read more...
Posted in Business |
‘Quake, conflict fallout will impact IT sector’
March 29th, 2011 - 8:06 pm ICT by IANS
Hyderabad, March 29 (IANS) The fallout of conflicts in parts of the Middle East and the earthquake in Japan will impact global IT business, a top official of India's largest ... Read more...
Posted in Sci-Tech |
IT department freezes accounts of Mahindra Satyam (Lead)
March 22nd, 2011 - 11:49 pm ICT by IANS
Hyderabad, March 22 (IANS) The Income Tax department Tuesday froze the bank accounts of Mahindra Satyam after the software firm failed to pay a tax demand of Rs.616 crore ... Read more...
Posted in Business |
Infosys asks employees to come back from quake-hit Japan
March 15th, 2011 - 4:53 pm ICT by ANI
Mumbai, Mar 15 (ANI): Against the backdrop of the earthquake cum tsunami, which struck northeast Japan on Friday, Infosys, India's second-largest software services exporter, on Tuesday advised all of its employees to ... Read more...
Posted in National |
Infosys, Oracle join to support US power utility service
March 2nd, 2011 - 7:14 pm ICT by IANS
New York, March 2 (IANS) India's IT major Infosys Technologies is helping Seattle City Light, the 10th largest public electric utility in the US, to improve customer service by real-time ... Read more...
Posted in Business |
Now get an iPad free with a job interview, even if you don’t make it!
February 2nd, 2011 - 2:18 pm ICT by ANI
London, Feb 2 (ANI): In order to get graduates to apply for jobs, a firm in Britain is giving away free iPads to all those who secure an interview, whether they get ... Read more...
Posted in Health Science |
Tata Consultancy Services net profit up 32 percent
October 21st, 2010 - 9:18 pm ICT by IANS
Mumbai, Oct 21 (IANS) India's largest software services company Tata Consultancy Services Thursday reported a 32 percent rise in the net profit at Rs.2,169 crore for the quarter ended Sep 30.The ... Read more...
Posted in Business |
Microsoft launches Windows Phone 7 range
October 12th, 2010 - 3:02 pm ICT by IANS
London, Oct 12 (IANS) Microsoft has unveiled a new range of smartphones to rival the phenomenal success of Apple's iPhone.The company wants its new operating system, Windows Phone 7 (WP7), to put ... Read more...
Posted in Sci-Tech |
Reducing software piracy can inject $142 bn into economy
September 16th, 2010 - 11:45 am ICT by IANS
By Arun Kumar
Washington, Sep 16 (IANS) Reducing software piracy by 10 percentage points in four years would inject over $142 billion into the global economy, create nearly 500,000 jobs and generate close ... Read more...
Posted in Sci-Tech |
Wipro achieves a quarterly profit of 31 percent
July 24th, 2010 - 1:36 pm ICT by ANI
Bangalore, July 24 (ANI): Wipro, third-largest software provider has beaten expectations by posting a 31 percent rise in its quarterly profit."We had a strong quarter particularly in our after tax profit ... Read more...
Posted in Business |
Tata Consultancy Services net up 24.3 percent
July 15th, 2010 - 9:11 pm ICT by IANS
Mumbai, July 15 (IANS) India's largest software company Tata Consultancy Services (TCS) Thursday reported a 24.3 percent rise in net profit for the quarter ended June 30 at Rs.1,906 crore, beating analyst ... Read more...
Posted in Business |
Bangalore IT firms to log out for Monday shutdown
July 4th, 2010 - 7:18 pm ICT by IANS
Bangalore, July 4 (IANS) Hundreds of IT firms, including Indian bellwethers Infosys Technologies and Wipro will remain closed Monday due to the nationwide shutdown against the hike in fuel prices.
"As a ... Read more...
Posted in Politics |
Oracle profit up 25 percent, boosted by Sun takeover
June 25th, 2010 - 11:07 am ICT by IANS
Washington, June 25 (DPA) Oracle Corp, the world's second-largest software maker, reported its fourth-quarter profit was up 25 percent
over the same period of 2009 at $2.36 billion.The figures announced Thursday by the ... Read more...
Posted in Business |
Internet of Things key to future development, but with challenges
May 17th, 2010 - 5:49 pm ICT by ANI
New Delhi, May 17 (ANI): Internet of Things (IOT) refers to networks of real-world objects linked to the Internet that interact through web services.As more and more objects join this network, they ... Read more...
Posted in Health Science |
Wipro nets 21 percent rise in profit in last quarter
April 23rd, 2010 - 9:37 pm ICT by ANI
Bangalore, Apr 23 (ANI): Wipro, third-largest software provider registered an increase of 21 percent profit in the last quarter of the financial year on Friday, as requirements for computer services sold by ... Read more...
Posted in Business |
Microsoft sees record revenue through Windows 7
April 23rd, 2010 - 6:49 am ICT by IANS
Seattle, April 23 (DPA) The launch of Windows 7 propelled Microsoft to record third-quarter revenue of $14.5 billion, a 6-percent increase from a year ago, the world's largest software company said Thursday.
Microsoft ... Read more...
Posted in Business |
Mahindra Satyam to hire 4,000 associates this quarter
April 13th, 2010 - 6:41 pm ICT by IANS
Hyderabad, April 13 (IANS) Mahindra Satyam Tuesday launched a Special Economic Zone (SEZ) here on the first anniversary of acquisition of scam-hit Satyam Computers by Tech Mahindra, and said it ... Read more...
Posted in Business |
Microsoft launches Windows 7 in India
October 22nd, 2009 - 7:57 pm ICT by ANI
New Delhi, Oct 22 (ANI): World's leading IT major, Microsoft Corporation, today launched its latest computing operating system Windows 7 here.With this unveiling, Microsoft in its most important release for more than ... Read more...
Posted in National |
Microsoft ordered to stop selling Word in US
August 13th, 2009 - 10:57 am ICT by IANS
By Arun Kumar and Gurmukh SinghWashington/Toronto, Aug 13 (IANS) A US judge has ordered Microsoft to stop selling its popular Word document creation application in the country in 60 days after finding ... Read more...
Posted in World |
Microsoft teams up with Nokia
August 12th, 2009 - 11:26 pm ICT by IANS
Washington, Aug 12 (DPA) The world's largest software maker Microsoft and the biggest mobile phone maker Nokia Wednesday announced a partnership that will enable Microsoft Office to run on Nokia phones.
The deal ... Read more...
Posted in Business |
Bangalore’s Gen-Z loves networking - but on the web
August 9th, 2009 - 1:12 pm ICT by IANS
By Maitreyee Boruah
Bangalore, Aug 9 (IANS) It is not TV cartoons or an energetic game of football that is keeping Bangalore's youth hooked - but blogging and social networking.According to a ... Read more...
Posted in Sci-Tech |
CISF to protect techies, not intrude on their private space
July 31st, 2009 - 7:33 pm ICT by IANS
Bangalore, July 31 (IANS) The ceremony to welcome the latest "entrants" to IT bellwether Infosys Technologies at its Electronic City campus here Friday was a grand one, with the company's co-founder, chairman ... Read more...
Posted in Business |