MindTree in deal with Arcelor
MindTree Ltd said Monday it signed a multi-year IT Offshoring agreement with ArcelorMittal. Under this agreement, MindTree will deliver IT services to ArcelorMittal’s Western European operations in partnership with Sopra Group who are an incumbent provider to ArcelorMittal.
In this program, MindTree will partner ArcelorMittal to consolidate current subcontractor activities with an […]
Quintegra sees FY08 topline at $100 million
IT products and services company Quintegra Solutions Ltd expects a topline of $100 million (Rs 400 crore) in the financial year ended March 31, 2008 from Rs 76 crore in FY07.
Shankarraman Vaidyanathan, chairman and managing director, Quintegra Solutions, said that the company would achieve organic growth at a 50 […]
Tata Consultancy Services Ltd (TCS) has announced the following Audited results for the year ended March 31, 2008:
The results for the Year ended March 31, 2008
The Company has posted a net profit after taxes of Rs 45087.60 million for the year ended March 31, 2008 as compared to Rs 37572.90 million for the year ended […]
KS Oils Q4 net profit up at Rs 40.19 cr
KS Oils has announced its fourth quarter results. The company’s Q4 net profit up at Rs 40.19 crore versus Rs 21 crore.
Its sales were up at Rs 674 crore as against Rs 325.93 crore
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Satyam Q4 cons net up 7.7% at Rs 466.85 cr
Satyam Computer has announced its fourth quarter and FY08 numbers. It has posted 7.7% growth in its Q4 consolidated net profit of Rs 466.85 crore as against Rs 433.6 crore in previous quarter and 10% growth in net sales of Rs 2,416 crore versus Rs 2,195.6 […]
Mumbai-based Geometric reported a 55 per cent decline in its consolidated profit after tax (PAT) for the quarter-ended March 31, 2008. Its PAT fell to Rs 4.67 crore during the quarter under review from Rs 10.44 crore posted in the corresponding quarter, the previous financial year. Its revenue grew by 1.8 per cent year-on-year (YoY) […]
More blisters are likely to erupt on India’s software outsourcing industry in the wake of Bear Stearns crisis. Mid-size software firm Polaris Software is sure to be watchful, as the Wall Street giant (being sold to JPMorgan Chase) is one of its top 10 clients. Polaris could be hit hard in case of any uncertainty […]
Dell - the nearly $60 billion world’s second-largest maker of personal computers (PCs) - is planning to take the retail and channel partner route in India during CY2008.
The company, however, will continue with its direct-selling model in India in addition to retailing its products. The entry into retail is expected to ensure incremental business for […]
