Mumbai, April 12
The financial results of peer IT firms are unlikely to mimic the worse-than-expected fourth quarter earnings of Infosys, once the IT bellwether. The Bangalore-based company had fallen out of favou...
London, Jan 30
Britain’s Imperial Tobacco, the maker of Lambert & Butler and Gauloises cigarettes, issued a profit warning today for the first half of its financial year and blamed the poor economic outlook...
Bhubaneswar, Jan 22
State Bank of India expects a net profit of up to Rs 15,000 crore in this fiscal, against Rs 11,700 crore in the last financial year.
“The net profit of the bank during the current financ...
New Delhi, Jan 15
Japanese firm Omron Healthcare on Tuesday said it is aiming for nearly three—fold increase in revenues in India by FY15 for which it will expand presence in the country.
The company, whic...
Mumbai, Jan 6
State Bank of Bikaner and Jaipur (SBBJ), an associate of the SBI, is targeting over 20 per cent jump in its overall size in the next 12 months, and hoping to touch Rs 1,50,000 crore mark on balanc...
Coimbatore, Dec 19
The TCS management is reported to have said that early indicators call for “reasonable optimism” in so far as CY 2013 budgets of clients are concerned.
It also expects pricing to be stabl...
Mumbai, Dec. 11
The next fiscal is expected to be better for the Indian software industry. The recovery of US economy and increasing job prospects seem to hold promise for Indian IT companies. “We...
Mumbai, Jan. 30
Earmarks £2.75-b spend in FY ‘14 »
Dubai, Jan 24
Abu Dhabi—based Etihad Airways was profitable again in 2012, following its maiden profit in 2011 of $14 million, the airline’s President and Chief Executive James Hogan has said.Further det...
Pune, Jan 15
Bosch Limited has made a foray into thermo technology and launched Bosch Thermotechnik (TT), a division which will commence operations with the manufacture of solar flag plate collectors at a new...
Mumbai, Jan 14
Rising for the second consecutive day, shares of Infosys on Monday surged as much as 5 per cent on stronger—than—expected quarterly profit and upward full—year sales forecast.Shares of the...
Mumbai, Jan 2
Crisil Research expects coporates’ ebitda (earnings before interest, taxes, depreciation and amortisation) margins to remain firm in the third quarter of the current fiscal despite falling demand...
Bangalore, Dec. 12
Wipro today said that it will meet its quarterly revenue guidance.
Talking to reporters on the sidelines of CII’s Annual CFO Conference, Suresh Senapaty, Chief Financial O...