Software Company

Microsoft profit up 17%, shares jump

The world's largest software company, which is shifting its focus to devices and services, on Thursday posted a profit of USD 5.2 billion, or 62 cents per share, up from USD 4.5 billion, or 53 cents per share, in the year-ago quarter.

Syntel reports Q2 revenue of $202.5m, up 13%

Syntel's revenue for the second quarter increased 13 percent to $202.5 million from $179.0 million in the prior-year period, and increased seven percent sequentially from $189.1 million in the first quarter of 2013.

Wipro recognized with 'Partner in Transformation' Award

Wipro Ltd. announced that it has been recognized by Sears Holdings with its prestigious ‘Partner in Transformation‘ award.

Wipro BPO win Best Project with Organizational Impact Award

Wipro Ltd. announced that the American Society for Quality (ASQ) has recognized Wipro BPO for a Six Sigma Project implemented for a customer.

Microsoft stumbles into crucial financial year

An ugly first week for Microsoft Corp's new financial year, probably its most important to date, has done little to inspire confidence that the software giant can jumpstart a stubbornly stagnant share price.

iGate first quarter revenue misses estimates

Software company iGate reported a better-than-expected quarterly profit, but revenue fell short of estimates, hurt by delays in rolling out new projects.

Oracle to pay $199.5 mln to resolve false claims case

Oracle Corp has agreed to pay $199.5 million plus interest to settle allegations that the software giant failed to give promised discounts to the federal government, ...

Microsoft co-founder Allen blasts Gates in book

Microsoft Corp co-founder Paul Allen has accused his former business partner Bill Gates of plotting to dilute Allen's stake in the world's largest software company before he left in 1983, and tried to buy his share of the company on the cheap.