NATIONAL iGate Solutions posts net loss of 6.77 crore for Q4 Technology solutions firm iGate Solutions today (Apr 22, 2004) reported a net loss of Rs 6.77 crore for the year ended March 31, 2004 against a profit of Rs 28.35 crore for the previous year.
Satyam posts net profit of Rs 140.8 crore for Q4 Outperforming its own expectations, Information Technology (IT) major Satyam Computer Services Limited has posted a net profit of Rs 140.84 crore for the fourth quarter ended March 31, 2004, registering a 21.6 per cent growth over corresponding period last year while total income for the quarter touched Rs 725.70 crore.
Infosys to recruit 10,000 from all over the world Infosys Technologies Ltd will recruit 8,000-10,000 workers in the current fiscal, while its new subsidiary Infosys Consulting Inc would employ 75 people in its first year, Nandan Nilekani, managing director and CEO of the company, said in Mumbai today (Apr 22, 2004).
Stocks continue upward march; Sensex gains 48 pts Stocks continued their upward march pushing the Sensex up by another 48 points at close at the Bombay Stock Exchange (BSE) today (Apr 22, 2004) on sustained purchases by domestic mutual funds as well as financial institutions.
Infosys says its focus is on constant innovation As the evolution of outsourcing enters a new phase, Infosys Technologies Ltd said that its focus is on constant innovation and redefining the rules to stay ahead of the game. Speaking to newspersons in Mumbai today (April 22, 2004), Nandan Nilekani, Managing Director, CEO and President, Infosys Technologies Ltd, stressed the need to innovate and create an impact on clients, competitors, investors and society. He reiterated that the new game is all about fuelling business growth and realizing much higher value for money.
Global chipmaker AMD to set up centre in Bangalore Global chipmaker AMD Corporation is setting up an India engineering centre in Bangalore with an aim to design future generations of AMD microprocessors, officials said today (Apr 22, 2004).
BSE: Sensex fluctuates in morning trading The Sensex opened firm and later witnessed narrow movements as the market, once again, turned cautious during morning trading in the absence of worthwhile buying support and slow down in FII activity.
