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Microsoft Q2 net income flat at $6.62 bn
Software major Microsoft Corp has reported a negligible decline in net income to $6.62 billion for the October-December quarter of 2011, even though demand for software and services remained high. The company had posted a net income of $6.63 billion for the corresponding year-ago period, Microsoft said in a statement. The company's revenue stood at $20.89 billion in the second quarter ended December

HCL Tech Q2 profit rises 43 pct, eyes global contracts

HCL Technologies, India's No. 4 software services provider, is looking to grab a slice of $47 billion worth of global contracts up for renewal in 2012, as customers seek new approaches to navigate the

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HCL Tech Q2 profit rises 43 pct, shares rally

HCL Technologies reported a 43.3 percent jump in quarterly profit on Tuesday as the No. 4 Indian software services company won outsourcing orders, driving its shares up more than 4 percent. HCL, part

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StatsGuru: 5 December 2011

India Inc’s earnings growth for the second quarter (Q2) was actually in line with expectations, even though profits were hit by high foreign exchange losses (around 25 per cent of net profit)

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GDP growth at 6.9 pct in Q2, slowest in more than 2 years

India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubborn inflation, rising interest rates and crisis-hit global

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Mukherjee expects economy to grow 7.3 pct in FY12

India's economy is expected to grow 7.3 percent in the fiscal year ending March 2012, Finance Minister Pranab Mukherjee told reporters on Wednesday, adding, the reading for the September quarter fell

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