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  • iGATE relies on new clients for growth

    14th April, 2005 18:51

    iGATE CEO Phaneesh Murthy says that the company has migrated towards the industry standard in onsite and offshore mix of 34-66%. He expressed hope that the current

  • ABB to sustain high margins in FY06

    14th April, 2005 18:01

    ABB has posted good margins, despite rising input costs, because of its core operational efficiency and help from its global parent. The company hopes to sustain i

  • Rocky ride ahead for crude prices: Rajan

    14th April, 2005 17:28

    Raghuram Rajan, Chief Economist, IMF, says that he expects fluctuations in crude oil prices to continue.

  • Infy to firm up euro hedging in FY06: Pai

    14th April, 2005 16:28

    Infosys says, its hedging policy is suitably designed to protect its business from rupee-dollar fluctuations, but euro fluctuations may impact the company's margin

  • Reliance Energy Q4 net at Rs 155cr

    14th April, 2005 15:52

    Reliance Energy has posted a net profit of Rs 155 crore for the quarter ended March 31, 2005, as compared to Rs 103.70 crore last year. Total income has increased

  • Ranbaxy, NCL, DST ink pact for R&D

    14th April, 2005 15:23

    Ranbaxy Laboratories Ltd, Ranbaxy, has announced that it has entered into a collaborative agreement with the National Chemical Laboratories, NCL, Pune and the Depa

  • Infosys could end year with EPS of Rs 90

    14th April, 2005 14:54

    Nilesh Shah of Kotak Securities, is of the opinion that the Infosys EPS value projection will be more or less the same in lines with the analysts expectations.

  • ABB Q1 net up 63% at Rs 27.50 cr

    14th April, 2005 14:22

    ABB has posted a rise of 63% in its Q1 net profit at Rs 27.50 crore. The company's Q1 revenues are up 38% at Rs 619.6 crore.

  • GDP growth at 7% for 2004-05: EAC

    14th April, 2005 13:05

    The EAC's March report card says that the GDP grew by around 7% for 2004-05, marginally up from February 05 estimate of 6.9%. The EAC has predicted FY05 trade defi

  • ABB Q1 net may rise 39%: Poll

    14th April, 2005 12:50

    According to a CNBC-TV18 poll, ABB Q1 net profit may rise to 39%.

  • Infosys EPS seen at Rs 95 for FY06: Rohira

    14th April, 2005 12:28

    Priya Rohira of REFCO-Sify says that Infosys numbers are the combination of an improvement in gross profit margin and flat selling in marketing expenses. She expec

  • Tata Power's Q4 net seen up 149%: Poll

    14th April, 2005 11:53

    According to a poll conducted by CNBC-TV18, Tata Power's fourth quarter net profit is expected to grow 149% from Rs 54.3 crore to Rs 135.30 crore.

  • Infosys guidance likely to be scaled: Shah

    14th April, 2005 11:43

    Nilesh Shah of Kotak Securities says, the Infosys Q4 numbers are reasonably in line with expectations, and the guidance figures may also be surpassed. Billing rate

  • Quick links- DO NOT PUBLISH / DELETE

    14th April, 2005 11:14

    Quick links- DO NOT PUBLISH / DELETE

  • iGATE's Q4 net up at Rs 2.20 crore

    14th April, 2005 10:42

    iGATE Solutions net profit is up to Rs 2.20 crore from Rs 20 lakh quarter-on-quarter. Its revenue is up to Rs 145.60 crore from Rs 143.46 crore.

  • Infosys first quarter to be flat: Nilekani

    14th April, 2005 18:07

    Nandan Nilekani of Infosys says that Infosys guidance for the first quarter is expected to be flat as customers are preoccupied with some other compliance issue an

  • Clients pre-occupied with compliance: Infy

    14th April, 2005 17:41

    According to Kris Gopalakrishnan, Chief Operating Officer and Deputy Managing Director of Infosys Technologies Limited, there was a slow down in their volume growt

  • Progeon margins around 25%: Nilekani

    14th April, 2005 16:50

    Progeon has done better than most of Infosys’s other business, said Nandan Nilekani, CEO, President & MD, Infosys. SD Shibulal and Akshay Bhargava said that Pr

  • More employees to be added next year: Infy

    14th April, 2005 16:09

    Infosys will see a significant increase in employee numbers in the coming year. The variable compensation plan has also helped Infosys keep their employees happy f

  • POSCO committed to $10 bn Indian plant

    14th April, 2005 15:33

    South Korea's, POSCO Ltd, said that it planned to push ahead a $10 billion investment plan to build a steel plant in India.

  • RIL may bid for Australian Quenos

    14th April, 2005 15:15

    Reliance Industries may bid for Australian petrochem company, Quenos, according to sources. RIL is currently doing a due diligence on Quenos, they say.

  • Allahabad Bank fixes issue price at Rs 82

    14th April, 2005 14:47

    Allahabad Bank has informed BSE that the bank has fixed the Issue price at Rs 82 per equity share for the purpose of allotment of equity shares.

  • Fall in Infosys, a buying opportunity: Shah

    14th April, 2005 13:30

    Nilesh Shah, Kotak Securities, is of the view that the Infosys may open on a negative note tomorrow and take a dip to Rs 2000-2025 levels. It will be a good opport

  • Infy stock to dip slightly in US: Vafi

    14th April, 2005 12:56

    Infosys results are in line with expectations, said Joseph Vafi of Jefferies & Company. Vafi said that people could be a little disappointed with growth rates

  • Bush backs Boeing's bid for AI deal

    14th April, 2005 12:32

    US President George Bush called Prime Minister, Manmohan Singh and has backed the Boeing's bid for the Air India deal.

  • Slight disappointment on Infy Q4: Shah

    14th April, 2005 12:22

    According to analysts, though margin performance has been good, there has been lot of hit on the bottom line.

  • Hold Infosys, buy on dips, advises Shah

    14th April, 2005 11:49

    Nilesh Shah of Kotak Securities advises Infosys stockholders to hold on, while new investors could buy on dips. The markets may slide at the start of trade tomorro

  • Stamp duty confusion in stock market

    14th April, 2005 11:25

    Maharashtra's stamp duty on stock market trades has sent day traders and brokers into a tizzy. It is unclear whether the new stamp duty of Rs 1000 per crore will b

  • Quick links- DO NOT PUBLISH or DELETE

    14th April, 2005 11:01

    Quick links- DO NOT PUBLISH or DELETE

  • RBI issues bad loan norms

    14th April, 2005 10:34

    RBI has issued new draft guidelines for banks dealing in bad loans. According to the new draft guidelines banks that purchased bad debts from other banks have to h

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