oct dec

Vijaya Bank net zooms 235 percent in Q4


April 30th, 2012 - 7:45 pm ICT by IANS
Bangalore, April 30 (IANS) State-run Vijaya Bank posted net profit of Rs.181 crore for the fourth quarter (January-March) of fiscal 2011-12, registering a whopping 235 percent jump from Rs.54 crore ... Read more...

Posted in Business |

Biocon net marginally down in fiscal 2012


April 27th, 2012 - 11:25 pm ICT by IANS
Bangalore, April 27 (IANS) India's biotech major Biocon Ltd posted Rs.338 crore net profit for fiscal 2011-12, registering a marginal 0.5 decline year-on-year (YoY) over the previous fiscal (2010-11) at ... Read more...

Posted in Uncategorized |

Reliance Infra quarterly operating income rises 66 percent


February 14th, 2012 - 8:29 pm ICT by IANS
Mumbai, Feb 14 (IANS) Reliance Infrastructure Tuesday posted a 66 percent rise in operating income at Rs.6,130 crore for the quarter ended Dec 31 against Rs.3,686 crore during the like ... Read more...

Posted in Business |

Thomas Cook’s India business up for sale


February 8th, 2012 - 7:19 pm ICT by IANS
Mumbai, Feb 8 (IANS) Global travel business major Thomas Cook Wednesday said it was in the process of selling its 77.1 percent stake in its Indian subsidiary and had received ... Read more...

Posted in Business |

Wipro will hire 50 percent staff globally by 2015


January 20th, 2012 - 11:16 pm ICT by IANS
Bangalore, Jan 20 (IANS) Wipro would hire 50 percent of employees for its global IT services outside India by 2015 to leverage local talent and optimally utilise its delivery centres ... Read more...

Posted in Business |

Bajaj Auto’s Q3 net profit zooms 19 percent


January 19th, 2012 - 4:57 pm ICT by IANS
Mumbai, Jan 19 (IANS) Two- and three-wheeler major Bajaj Auto Thursday reported a 19 percent increase in its net profit for the Oct-Dec third quarter of the current fiscal at ... Read more...

Posted in Business |

India’s IT industry bets on growth despite uncertainty


January 8th, 2012 - 12:33 pm ICT by IANS
Bangalore, Jan 8 (IANS) The Indian IT industry is hopeful of maintaining its growth momentum in 2012 despite global economic uncertainty and concerns over the fallout of the sovereign debt ... Read more...

Posted in Uncategorized |

Manufacturing sector growth to slow down further


November 20th, 2011 - 11:01 am ICT by IANS
New Delhi, Nov 20 (IANS) Growth in the manufacturing sector has moderated during April-September compared to the corresponding period of the previous year and is likely to slow down further ... Read more...

Posted in Business |

Wipro projects flat revenue from IT in first quarter


April 27th, 2011 - 12:23 pm ICT by IANS
Bangalore, April 27 (IANS) Wipro projected $1.4 billion from its global IT services business for the first quarter (April-June) of new fiscal (2011-12), indicating a flat growth sequentially from the ... Read more...

Posted in Business |

TCS sees robust demand for IT outsourcing in new fiscal


March 7th, 2011 - 9:55 pm ICT by IANS
Bangalore, March 7 (IANS) Global software major Tata Consultancy Services (TCS) Monday asserted that demand for IT outsourcing across verticals would be robust in the new fiscal (2011-12) owing to ... Read more...

Posted in Business |

MindTree co-founder chairman quits


January 29th, 2011 - 12:10 am ICT by IANS
Bangalore, Jan 28 (IANS) Leading IT consultancy and product engineering services firm MindTree Ltd co-founder Ashok Soota Friday resigned as the chairman and the member of the board here.In a regulatory filing, ... Read more...

Posted in Business |

Tata Coffee net profit zooms 79 percent in third quarter


January 25th, 2011 - 9:12 pm ICT by IANS
Bangalore, Jan 25 (IANS) Tata Coffee Ltd Tuesday reported a net profit of Rs.25 crore for the third quarter (Oct-Dec) of the 2010-11 fiscal as against Rs.14 crore in the ... Read more...

Posted in Business |

Vijaya Bank net profit up 22 percent


January 24th, 2011 - 9:41 pm ICT by IANS
Bangalore, Jan 24 (IANS) State-run Vijaya Bank Monday reported Rs.152 crore net profit for the third quarter (Oct-Dec) of this fiscal (2010-11), registering 22 percent year-on-year (YoY) growth. "Continuing our growth trend, ... Read more...

Posted in Business |

Wipro forecasts $1.4 billion IT revenue in Q4 (Lead)


January 21st, 2011 - 1:49 pm ICT by IANS
Bangalore, Jan 21 (IANS) Software major Wipro Ltd Friday said revenue from its global IT business for the Jan-March fourth quarter of this fiscal would be $1.4 billion, projecting a sequential growth ... Read more...

Posted in Sci-Tech |

Infosys annual guidance up again on double digit growth (Lead, Reissuing correcting figure in para one)


January 13th, 2011 - 11:53 am ICT by IANS
Bangalore, Jan 13 (IANS) Infosys Technologies Ltd has revised its revenue guidance upwards for the fiscal 2010-11 for the third consecutive time on a healthy double digit growth of 24 percent year-on-year ... Read more...

Posted in Business |

Infosys ups annual guidance again on double digit growth


January 13th, 2011 - 11:36 am ICT by IANS
Bangalore, Jan 13 (IANS) Infosys Technologies Ltd has revised its revenue guidance upwards for this fiscal (2010-11) for the second consecutive time on a healthy double digit growth of 24 percent year-on-year ... Read more...

Posted in Business |

Buoyant Indian IT industry rebounds but remains cautious (2010 in Retrospect)


December 30th, 2010 - 3:48 pm ICT by IANS
By Fakir Balaji Bangalore, Dec 30 (IANS) Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in ... Read more...

Posted in Business |

Indian economy may grow 9 percent in Oct-Dec quarter


November 30th, 2010 - 6:31 pm ICT by IANS
New Delhi, Nov 30 (IANS) Buoyed by the 8.9 percent, better than expected growth in the second quarter, key policymakers said Tuesday that the Indian economy would perform even better in ... Read more...

Posted in Business |

Wipro sees higher IT revenue in Q3 on strong growth


October 22nd, 2010 - 2:06 pm ICT by IANS
Bangalore, Oct 22 (IANS) Wipro Limited Friday projected marginally higher revenue of $1.33 billion from its global IT services business for the third quarter (Oct-Dec) of this fiscal (2010-11) on 4.5 percent ... Read more...

Posted in Business |

India Inc’s business confidence for falls: Survey


October 17th, 2010 - 3:32 pm ICT by IANS
New Delhi, Oct 17 (IANS) The business confidence of India Inc. for the October-December quarter has fallen on concerns such as inflation and high interest rates, says a survey.The survey ... 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 |

Shipping Corporation expects to file DRHP this quarter


October 6th, 2010 - 6:12 pm ICT by IANS
Kolkata, Oct 6 (IANS) State-owned Shipping Corporation of India expects to file the draft red herring prospectus (DRHP) for its issue of fresh equity and part disinvestment of government stake within the ... Read more...

Posted in Business |

Wipro projects $1.17 bn IT services revenue in fourth quarter


January 20th, 2010 - 11:22 am ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd Wednesday projected $1.17 billion revenue from its global IT services business for the fourth quarter (Jan-March) of this fiscal (2009-10). In a regulatory filing, the IT bellwether ... 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 |

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 |

McNally Bharat’s German arm wins Rs.500 million order


January 8th, 2010 - 10:39 pm ICT by IANS
Kolkata, Jan 8 (IANS) McNally Bharat Engineering Company Limited (MBE)'s newly acquired German company has won orders totalling Rs.500 million in Oct-Dec period of the current fiscal (2009-10), a company release said ... Read more...

Posted in Business |

Wipro results round out strong Indian tech earnings


October 27th, 2009 - 10:39 pm ICT by ANI
Bangalore, Oct 27 (ANI): Wipro Limited, India's No.3 software services exporter, robust outlook fuelled optimism is a result of overseas clients boosting its orders in an improved economic environment.The results justified investors' ... Read more...

Posted in National |

Maytas defers Q4 financial results


January 22nd, 2009 - 9:19 pm ICT by IANS
Hyderabad, Jan 22 (IANS) Maytas Infra Limited, promoted by the family of disgraced Satyam Computer Services founder B. Ramalinga Raju, Thursday sought extension of time to announce the financial results for Oct-Dec ... Read more...

Posted in Uncategorized |

ABB India’s net profit spurts 44 percent in 2007


February 19th, 2008 - 8:45 pm ICT by admin
New Delhi, Feb 19 (IANS) Leading private sector power equipment manufacturer ABB India has posted profit after tax (PAT) of about Rs.5 billion ($125 million) in the calendar year 2007, showing a ... Read more...

Posted in Business |

Subscribe