India's Tata Consultancy's profit jumps 31.6 pct (Update)
Leading Indian software exporter Tata Consultancy Services reported a steep increase in quarterly profit on Friday, signaling that global spending on information technology is picking up.
View ArticleIndia's Infosys sees weaker sales, shares tank
Shares of Indian outsourcing giant Infosys slid almost nine percent Thursday after the firm warned that quarterly revenues may be weaker-than-expected following project cancellations.
View ArticleTCS, Mitsubishi to create new Japan IT services firm
India's biggest outsourcing firm Tata Consultancy Services (TCS) and Japan's Mitsubishi Corp said Monday they are teaming up to create a Japanese software services provider with annual revenues of $600...
View ArticleIndia's Infosys drops seven percent as top exec quits
Shares in Indian outsourcing giant Infosys sank by seven percent on Thursday after the latest departure of one of the company's senior managers.
View ArticleIndia's Infosys shares up after new chief named
Shares in Indian outsourcing giant Infosys climbed nearly four percent on Thursday after the company announced a new chief executive who will take over in August.
View ArticleIndia's TCS profits rise on US, European deals
India's biggest outsourcing firm Tata Consultancy Services on Thursday reported a 5.1 percent rise in quarterly net profits, driven by demand in its key markets of the United States and Europe.
View ArticleIndia's TCS yearly profits muted on FX volatility
India's biggest outsourcing firm Tata Consultancy Services Thursday reported only a marginal rise in its earnings for the just-ended financial year citing volatile currency markets and a sluggish...
View ArticleIndia's Infosys gives muted earnings, stock falls
Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.
View ArticleIndia's TCS reports strong profits on US, Europe deals
India's biggest IT outsourcing firm Tata Consultancy Services on Thursday reported better-than-expected quarterly profits on the back of growth in its key markets of the United States and Europe.
View ArticleIndia's Infosys posts 5.00% rise in profits
Indian software giant Infosys Technologies reported a five percent rise in quarterly net profits on Tuesday, aided by a weak rupee and strong demand from the United States.
View ArticleIndia's TCS profits rise 12 percent despite flood damage
India's biggest IT outsourcing firm Tata Consultancy Services (TCS) on Tuesday reported stronger than expected quarterly earnings despite the impact of deadly floods in Chennai.
View ArticleIndia's Infosys rides out Chennai floods, posts profit rise
Indian software giant Infosys reported a better-than-expected 6.6 percent rise in quarterly earnings on Thursday, riding out the effects of deadly floods in Chennai and sending its stock soaring.
View ArticleIndia's TCS to appeal $940 million US court damages
India's biggest IT outsourcing firm Tata Consultancy Services (TCS) says it will challenge $940 million in damages imposed by a US court in an intellectual property theft case.
View ArticleIndia's Infosys shares plunge as sales outlook cut
Infosys shares plunged more than nine percent on the Bombay Stock Exchange Friday after the Indian software giant cut its earnings outlook for the year.
View ArticleIndia's TCS profits rise 8.8 percent
India's Tata Consultancy Services reported an 8.8 percent year-on-year rise in quarterly profits Thursday as strong growth in Europe helped the IT giant override a slump in its domestic market.
View ArticleIndia IT stocks slip amid worries about stricter H-1B visas (Update)
The shares of top Indian IT companies sank Tuesday in response to news of proposed U.S. legislation that could make it harder for companies to replace American workers with those from countries like...
View ArticleIndia's techies fear US crackdown on high-skilled visas
Indian student Sunny Nair has always dreamt of working for a technology giant in the United States but fears that President Donald Trump will crush his life ambition.
View ArticleIndia's TCS records fourth quarter profit
India's biggest IT sourcing firm Tata Consultancy Services (TCS) reported a 4.2 percent increase in quarterly earnings on Tuesday, just missing analysts' estimates.
View ArticleHow soil bacteria can protect against corrosion in steel
A Swansea University researcher, Alex Harold, has beaten over 5000 applicants to win an international award for her work using proteins derived from soil bacteria to develop a new anti-corrosion...
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