India's HCL profit soars 50 pct but shares dive
India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.
India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.
Business
Oct 18, 2011
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India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.
Business
Oct 17, 2011
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Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.
Business
Oct 12, 2011
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India's outsourcing giants have slammed a United States bill that could double the cost of a work visa in a move seen as targeting high-profile Indian software exporters.
Business
Aug 10, 2010
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India's largest software exporter Tata Consultancy Services Monday said net profit rose 4.61 percent in the fourth quarter, hit by lower fees and cuts in technology spending due to the global economic slowdown.
Business
Apr 20, 2009
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