Financial Daily from THE HINDU group of publications
Friday, July 11, 2003
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Infosys net rises 28 pc in Q1 — Guidance revised upwards
SOFTWARE bellwether Infosys Technologies Ltd beat market expectations on its first quarter earnings and revised its annual guidance upwards bringing cheer from the investors. Infosys reported a 28.3 per cent rise in its net profit at Rs 278.12 ... More

Infosys employee strength gets bigger
SUSTAINING its strong hiring momentum, Infosys Technologies increased its employee strength to 17,095 at the end of June 2003, up from 15,356 in the previous quarter. However, the company saw a marginal rise in its attrition rates during the ... More

Tech stocks emerge from the shadows — Sensex gains 58 points
THREE months after it dealt a shock to the stock markets with a downward revision of its earnings expectation, technology leader Infosys on Thursday made amends when it reported a better-than-expected first-quarter performance and said it ... More

Oracle to double staff in India
ORACLE Corporation will double its staff in India to over 6,000 in the near future as the world's largest enterprise software company plans to outsource more software development and back office processes to its centres in Bangalore and ... More

When Ellison was caught on the wrong foot
AS he prepared to address an audience sitting a world across, Mr Larry J. Ellison, the flamboyant Chairman and CEO of Oracle Corporation, would have never thought his evening would be spoiled by an irate Indian bureaucrat. Dr Vishwapati ... More

Slump in domestic sales — Tractor makers eye global market
DEMAND for low horse-power tractors in the international market has cheered the tractor manufacturers, who are facing a tough situation in the domestic markets. According to industry data, the export market has seen a substantial growth of 66 ... More

Swaraj moots death for spurious drug makers
In recent times, the Government has been taking a serious view of this problem with the previous Union Health Minister, Mr Shatrughan Sinha, referring to spurious drug manufacturers as "merchants of death". As if taking a cue, Ms Swaraj suggested dea th penalty for offenders. More


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