Business Daily from THE HINDU group of publications
Saturday, October 11, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, October 11, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH FINANCIAL PERFORMANCE: Infosys net rises 30% in Q2 Cuts dollar revenue guidance; pricing environment ‘stable’. Bangalore, Oct. 10 Infosys Technologies Ltd reported a 30.2 per cent rise in net profit for the September quarter, beating its own and street estimates. It, however, pared ... MERGERS & ACQUISITIONS: Infosys pulls out of race for Axon HCL Tech to convert offer into ‘scheme of arrangement’. New Delhi/Bangalore, Oct. 10 With Infosys Technologies bowing out of the race to acquire UK-based SAP consulting firm Axon Group, HCL Technologies on Friday decided to implement ... OUTLOOK: Infosys downward forecast could drag IT stocks down: Analysts Firm reworked estimate due to economic conditions. A downward revision of guidance by IT bellwether Infosys Technologies could send information technology stocks on a free fall in subsequent trading ... HUMAN RESOURCES: Infosys maintains hiring guidance for this fiscal Overall headcount crosses one-lakh mark. Bangalore, Oct. 10 Infosys Technologies maintained that its hiring plans for the fiscal were intact even as it lowered its revenue estimate for the full year partly because of a slower business ... INTERVIEW: ‘We’re seriously looking at cross currency hedging’ Bangalore, Oct. 10 A weak rupee helped Infosys beat its own estimates and analysts’ forecast to post a healthy, double-digit sequential growth in net profit and revenues for the September quarter. Infosys is cautious about the outlook ... OUTLOOK: Macro-environment concerns factored into guidance Though the market did not take kindly to the lowering of its guidance for the year, Infosys has bettered expectations and its own guidance to deliver reasonable earnings for the September ...
OUTLOOK:
Cognizant revenue guidance remains unchanged
SOFTWARE: Not too keen to pay for use? When every rupee counts, one would think the ‘software as a service’ model is poised to grow. But the action appears muted. Here’s a reality check.. Though Software as a Service has been held up as the next big revolution in ... INTERNET: Trigger for violence? The Finland shootout raises grave concerns over the use of the Internet.. Parents say our children are not out on the streets, they are not doing drugs or alcohol, they are at home and we believed they were secure. It is now the opposite, and ... E-COMMERCE & E-BUSINESS: Serve IT hot and fast Technology waits on you, at this restaurant.. When you’ve ordered Paneer Tikka, you don’t want to settle for Paneer Pakoda, right?But why does the mix-up happen, at the restaurant? It happens because the ‘master’ (the ... INTERVIEW: Pay through the mobile phone Awareness and adoption are challenges, says mChek.. Even at a 3 per cent conversion of every mobile bill payer onto an mCommerce solution, the industry would be worth around Rs 3,000 crore, estimates Sanjay Swamy, CEO, mChek. The Bangalore-based ... CYBER QUEST: Quiz V.V. Ramanan. 4. Which Academy Award American actress’ new Web site is ... INTERVIEW: Debt spells no dent 3i Infotech on aggressive use of debt to fund acquisitions and working capital requirements.. 3i Infotech has been aggressive in acquisitions. Its latest in a string of acquisitions is US-based Regulus, which provides bill presentment and ... BOOKS: Good technology is almost half of health With telemedicine and robotic surgeries, doc-patient distances diminish.. A healthy feeling is a happy one, as we recently saw, closer home. A few top-level statements about ‘health’ lifted the otherwise gloomy financial markets. ... CARTOON: Cartoon ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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