International Business Machines

Unlike its rivals, HCL Technologies has made a huge bet on selling products and platforms.

Prefer infra, banks to IT; hold L&T: Bowen Asia

Bowen Asia's Aadil Ebrahim believes that even though the IT bellwether Infosys is heading in the right direction, its share price seems to be trading quite violently.

Wall St Weekahead: Investors face earnings blitz with dread

US earnings started the quarter on the wrong foot, and things have only gotten worse.

IBM Q3 earnings rise, revenue hurt by strong USD

IBM reported third-quarter revenue of USD 24.7 billion and net earnings of USD 3.9 billion as demand for its software services and tight cost management offset the effect of a stronger dollar on the technology and consulting company.

Wall St flat as durables data offsets oil decline

U.S. stocks were flat on Wednesday as a weaker-than-expected reading on durable goods orders offset hopes that high oil prices could fall, removing a headwind to the economic recovery.

Asian stocks gain on US debt deal hopes

Asian shares rose on Wednesday as indications of progress on a US budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.

IBM, IIFL in Rs 298 crore outsourcing deal

IT giant, International Business Machines (IBM), today said it has entered into a Rs 298-crore outsourcing agreement with India Infoline (IIFL) to transform its IT infrastructure and establish a direct linkage between business performance and IT costs.

IBM passes Microsoft's market cap after 15 years

International Business Machines surged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most storied technology companies.

IBM says has Pepsi India's finance outsourcing contract

Technology major International Business Machines Corp (IBM) said on Thursday it is running the finance and administration processes of PepsiCo's India arm as part of a five-year outsourcing agreement signed in 2009.

IBM's profit exceeds expectations, services strong

International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.