Friday, 10 October 2014

Infosys Q2 net profit up 28.6% to Rs 3,096 crore, stocks gain 5.6%

 
  
 
 
 
 

Beating market expectations, IT major Infosys today posted 28.6 per cent jump in consolidated net profit to Rs 3,096 crore for the quarter ended September 30. 

 Infosys Q2 net profit up 28.6% to Rs 3,096 crore, stocks gain 5.6% 
 

"India's next generation has the opportunity to bring India to the world and the world to India," Facebook CEO Mark Zuckerberg said. 

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Infosys has reported better-than-expected profits and revenue growth both in rupee and dollar terms for the second quarter (July-Sep) of this fiscal (2014-15). Here are 10 key takeaways from Infosys's blistering quarter. 

 Infosys Q2 beats expectations: 10 things to know 
 

A third-party Snapchat app has been collecting every single photo and video file sent through it, giving hackers access to a 13GB library of Snapchats that were supposedly deleted. 

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Jabong is one of the fashion portals that Amazon is interested in acquiring and Jabong has other suitors, sources said, cautioning that a deal is not imminent. 

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The company has reported better-than-expected profits and revenue growth both in rupee and dollar terms for the second quarter (July-Sep) of this fiscal (2014-15). Here are 10 key takeaways from Infosy's blistering quarter.

 Infosys Q2 beats expectations: 10 things to know 
 
 

Even as high attrition rates continue to haunt Infosys, the IT services firm is confident of bringing it down to 12-14% in the next two quarters. 

 Infosys's attrition rate crosses 20% 
 

Vishal Sikka has had an auspicious start at Infosys. His first quarterly results as CEO of the company came in better than expected. 

 Auspicious start for Sikka: Infosys results better than expected 
 

The allure of offshoring IT jobs to India isn't what it used to be; the country is still grappling with corruption & bureaucracy. 

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The remarks reverberated in the tech world where the role of women and their being short-changed in a male-dominated ecosystem is receiving increasing recognition. 

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Traders will move the CCI or the Supreme Court by the month-end against the e-tailers over what they regard as predatory pricing, in case the government doesn't act on it. 

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