Wipro battles to grow in volatile market (Lead)
July 24th, 2012 - 2:01 pm ICT by IANS
Bangalore, July 24 (IANS) As India's third largest IT bellwether, Wipro Ltd. too is battling to grow in a volatile currency market with uncertainty writ large due to global slowdown ... Read more...
Posted in Business |
Wipro projects flat IT growth in second quarter
July 24th, 2012 - 11:18 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd Tuesday projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth ... Read more...
Posted in Sci-Tech |
Sensex tanks 223 points, Infosys down 9 percent
July 12th, 2012 - 2:23 pm ICT by IANS
New Delhi, July 12 (IANS) A benchmark index of Indian equities markets was Wednesday trading 223 points lower in afternoon trade after IT bellwether Infosys issued weak revenue guidance ... Read more...
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infosys revenue guidance dips on negative growth (Lead)
July 12th, 2012 - 1:09 pm ICT by IANS
Bangalore, July 12 (IANS) For the first time in many years, India's IT bellwether Infosys Ltd. has lowered its annual revenue guidance in dollar terms on negative growth sequentially during ... Read more...
Posted in Business |
Infosys lowers guidance in dollar earnings
July 12th, 2012 - 11:26 am ICT by IANS
Bangalore, July 12 (IANS) Infosys Technologies Ltd Thursday lowered its revenue guidance for this fiscal (2012-13) in dollar earnings as its year-on-year (YoY) growth is projected to be less than ... Read more...
Posted in Sci-Tech |
Wipro outlook cautious on flat growth (Lead)
April 25th, 2012 - 2:05 pm ICT by IANS
Bangalore, April 25 (IANS) India's third largest IT bellwether Wipro Ltd Wednesday hoped revenue from its flagship services business would improve in ensuing quarters despite uncertainty in the macro-environment that ... Read more...
Posted in Business |
Wipro projects flat IT revenue for first quarter
April 25th, 2012 - 11:11 am ICT by IANS
Bangalore, April 25 (IANS) Wipro Ltd has projected an average revenue of $1.54 billion for the first quarter (April-June) from its global IT services business, indicating a flat sequential growth ... Read more...
Posted in Business |
Sensex tanks 238 points on poor Infosys growth outlook
April 13th, 2012 - 7:13 pm ICT by IANS
Mumbai, April 13 (IANS) A benchmark index for Indian equities markets fell 238 points Friday on poor 2012-13 revenue guidance from technology bellwether Infosys and Eurozone woes.The 30-scrip sensitive ... 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 |
Weak rupee benefits Infosys despite uncertainty
October 12th, 2011 - 7:34 pm ICT by IANS
Bangalore, Oct 12 (IANS) A 10 percent rupee depreciation against US dollar during the second quarter (July-Sep) has benefitted Indian IT bellwether Infosys, helping it in revising its revenue guidance ... Read more...
Posted in Uncategorized |
Infosys beats guidance but stock dips on muted earnings
July 12th, 2011 - 9:59 pm ICT by IANS
Mysore (Karnataka), July 12 (IANS) Though India's second largest IT bellwether Infosys Ltd beat its revenue forecast by 1.8 percent for the April-June first quarter of the 2011-12 fiscal, its ... Read more...
Posted in Business |
Infosys ups revenue guidance marginally for this fiscal
July 12th, 2011 - 11:54 am ICT by IANS
Mysore (Karnataka), July 12 (IANS) Infosys Ltd has revised its revenue guidance for this fiscal (2011-12) marginally to Rs.32,311 crore (Rs.323 billion) from Rs.32,270 crore (Rs.322 billion) projected in the ... Read more...
Posted in Sci-Tech |
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 |
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 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 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 |
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 |
Boeing posts strong 3Q results, boosts forecasts
October 20th, 2010 - 11:37 pm ICT by BNO News
CHICAGO (BNO NEWS) -- The Boeing Company on Wednesday announced that it recorded a 2 percent increase in third quarter revenues, earning $16.96 billion better than analysts' expectations of $16.72 billion.The company ... Read more...
Posted in Business |
Double-digit growth turning point for IT industry: Infosys
October 15th, 2010 - 7:32 pm ICT by IANS
Bangalore, Oct 15 (IANS) India's IT bellwether Infosys Technologies Friday termed its return to double-digit growth in the second quarter (July-Sept) of this fiscal (2010-11) as a turning point for the resilient ... 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 |
Wipro net up 31 percent, ups IT revenue guidance (Lead)
July 23rd, 2010 - 1:13 pm ICT by IANS
Bangalore, July 23 (IANS) Buoyed by double digit growth in net profit and total revenue during the first quarter (April-June), Wipro Ltd Friday projected higher revenue from its global IT services business ... Read more...
Posted in Business |
Wipro ups guidance for IT revenue in second quarter
July 23rd, 2010 - 11:23 am ICT by IANS
Bangalore, July 23 (IANS) Wipro Ltd projected an higher average revenue guidance of $1.3 billion from its global IT services business for the second quarter (July-Sep) of this fiscal (2010-11).
In a regulatory ... 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 |
Wipro projects $1.2 billion IT revenue in first quarter
April 23rd, 2010 - 11:43 am ICT by IANS
Bangalore, April 23 (IANS) Wipro Ltd projected an average revenue guidance of $1.2 billion from its global IT services for the first quarter (April-June) of fiscal 2010-11.
In a regulatory filing Friday, the ... 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 |
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 |
Markets not impressed by robust industry numbers, Infosys results (Roundup)
January 12th, 2010 - 7:07 pm ICT by IANS
Mumbai, Jan 12 (IANS) Indian equities markets Tuesday ignored the robust industrial production numbers released by the government as well as an improved revenue guidance from IT bellwether Infosys, with a ... 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 |
Wipro buys part of Yardley cosmetic business for $45 mn (Lead)
November 5th, 2009 - 4:58 pm ICT by IANS
Bangalore, Nov 5 (IANS) Consumer care arm of IT bellwether Wipro Thursday announced it had acquired part of Yardley cosmetic products business from the British-based Lornamead group for $45 million (Rs.2.14 billion/Rs.214 ... Read more...
Posted in Business |
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 lowers revenue projections for this fiscal (Lead)
July 10th, 2009 - 2:36 pm ICT by IANS
Bangalore, July 10 (IANS) The meltdown has finally caught up with IT bellwether Infosys Technologies, forcing it to marginally lower its quarterly and annual revenue guidance for the first time even as ... Read more...
Posted in Business |
Infosys projects marginal decline in revenues
July 10th, 2009 - 11:59 am ICT by IANS
Bangalore, July 10 (IANS) Technology meltdown and currency volatility have forced Infosys Technologies Ltd to lower its guidance for the second quarter (July-September) and the entire fiscal (2009-10), projecting a marginal decline ... Read more...
Posted in Sci-Tech |