India’s top three IT services firms have increased their share in the country’s export revenues to 41 percent in the current year, up from 26 percent three years ago.
“The top three (TCS, Infosys and Wipro) are pulling further ahead in revenue growth when compared to other players”, Sudin Apte, senior analyst and country head for [...]
Monthly Archive for March, 2007
A recovery in Asian markets after an overnight meltdown notwithstanding, the benchmark Sensex remained under pressure and surrendered major part of early gains, but managed to end in positive terrain.
The Bombay Stock Exchange (BSE) 30-share sensitive index (Sensex) opened remarkably higher at 12,655.94 from Wednesday’s close of 12,529.62 and rallied further to a high of [...]
US technology giant IBM has said it will invest six billion dollars in India by 2009, the company has about 43,000 employees in 14 cities across the world and India is one of its important centres outside the US.
The Bombay Stock Exchange benchmark Sensex tumbled by over 453 points on major sell-off by funds sparked by a weakening trend on the global markets on concerns over the slowdown in the US economy.
The market, which has been in the positive zone for the last two trading sessions, came under pressure and lost 453.36 points, [...]
The Bombay Stock Exchange benchmark Sensex has ended on a firm note rising by over 80 points on the back of a rally in heavyweight Reliance Industries and Tata Steel stocks on late buying by funds and investors.
The BSE 30-share index (Sensex), which gained more than 17 points last day, gathered another 80.35 points, or [...]
Federer’s 41-match winning streak ends
Posted in Sports on Mar 12th, 2007
Guillermo Canas snapped Roger Federer’s 41-match winning streak on Sunday, beating the world’s top player 7-5, 6-2 in the third round of the Pacific Life Open at California.
Federer, arrived at the Indian Wells Tennis Garden having won seven consecutive tournaments and was considered an odds-on favorite to break the record of 47 straight matches won [...]
WC2007.net reports that
Indian ckipper Rahul Dravid lavished praise on seamer Munaf Patel for his ‘exceptional’ bowling and said win against West Indies in the warm up match is a good morale booster for the team.
India crushed West Indies by nine wickets in their last warm up match and Dravid described his team’s showing as clinical [...]
The stock markets came off early highs and ended 18 points up in sustained volatility following strong Asian cues and a 10.9 percent growth in industrial production as cement shares suffered fresh setback.
Cement stocks were hammered down consistently in the wake of cement companies’ decision to hold prices stable for one year. This sector was [...]
Win against Windies a great morale booster: Dravid
Posted in Cricket on Mar 10th, 2007
Indian ckipper Rahul Dravid lavished praise on seamer Munaf Patel for his ‘exceptional’ bowling and said win against West Indies in the warm up match is a good morale booster for the team.
India crushed West Indies by nine wickets in their last warm up match and Dravid described his team’s showing as clinical and professional.
The stock markets witnessed virtual bloodbath with the benchmark Sensex and the Nifty touching 19-week low following a stocks carnage in global markets coupled with a disappointing Union Budget 2007-08 from investors point of view.
The Bombay Stock Exchange (BSE) 30-share Sensex recorded the second biggest point-wise fall in a week.