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Twitter looking to expand base in India, scouts for developers

India Infoline News Service | Mumbai | April 17, 2015 19:33 IST

As per the jobs mentioned on the Twitter website, the company is scouting Android developers, a media partnership manager, a site reliability engineer and support engineers, apart from expanding its growth in India, a report said.

123Stores ranked #392 in Internet Retailers Top 500 Guide for 2015

India Infoline News Service | Mumbai | April 17, 2015 18:40 IST

The company expanded its product catalogue during the year and now offers 200,000 items for sale from over 1300 brands.

Hinduja Global stock ends lower on fund action

India Infoline News Service | Mumbai | April 17, 2015 16:33 IST

Birla Sun Life Mutual Fund sold 300,000 shares and Afrin DIA sold 175,000 shares of the company at Rs. 600 on the BSE.

IT stocks fall on earnings worry

India Infoline News Service | Mumbai | April 17, 2015 16:11 IST

MindTree cracked nearly 8 percent to Rs. 1,284, after the company's consolidated net profit rose by mere 8.6 percent to Rs. 128.70 crore in Q4 March 2015.

Rolta India cracks 3% further; Glaucus Research report weighs on stock

India Infoline News Service | Mumbai | April 17, 2015 16:10 IST

The research firm issued a strong sell report on Rolta India, saying the company does not produce free cash flow and cannot repay offshore bondholders without refinancing.

TCS blames poor macro and low demand for Q4 miss

India Infoline News Service | Mumbai | April 17, 2015 16:07 IST

On the insurance vertical, company's Diligenta business saw a slow down from past few quarters. As per the company, this slow down is because of the nature of the business which has long deal cycles and they do not have solid pipeline in insurance front.

Dr. Vishal Sikka appointed University Advisory Professor at East China Normal University

India Infoline News Service | Mumbai | April 17, 2015 15:54 IST

Dr. Sikka is Chief Executive Officer and Managing Director of Infosys, a global leader in consulting, technology, outsourcing and next-generation services.

Persistent Systems stock ends 2% lower

India Infoline News Service | Mumbai | April 17, 2015 15:50 IST

The company has announced that the meeting of the Board of Directors of the Company is scheduled on April 20, 2015 and will continue on April 21, 2015, inter alia, to consider the Audited Financial Results of the Company for the quarter and year ended March 31, 2015 and the Audited Financial Results of the Company and its subsidiaries for the quarter and year ended March 31, 2015.

TCS stock ends 4% lower after Q4 results

India Infoline News Service | Mumbai | April 17, 2015 15:46 IST

The Company has posted a net profit of Rs. 37126.70 mn for the quarter ended March 31, 2015 as compared to Rs. 53576.10 n for the quarter ended March 31, 2014.

RS Software dips 8.5% on Q4 results

India Infoline News Service | Mumbai | April 17, 2015 15:45 IST

The company reported net profit of Rs. 15.5 crore in Q4 FY15 against Rs. 17 crore in the same period last quarter.

RS Software Q4 net profit at Rs. 15.5 crore

India Infoline News Service | Mumbai | April 17, 2015 15:10 IST

The company's EBITDA declined to Rs.22 crore in Q4 FY15 compared to Rs.24 crore in Q4 FY14.

Koenig wins Citrix Authorized Learning Center Award 2014

India Infoline News Service | Mumbai | April 17, 2015 13:06 IST

Koenig Solutions, an acclaimed IT Training organization best known for high quality offshore training to students from all over the world, recently received CALC 2014 award from Citrix. Koenig has bagged this award for the second time in a row.

Deutsche Bank upgrades Rolta India bonds to 'BUY' from 'HOLD'

India Infoline News Service | Mumbai | April 17, 2015 11:43 IST

The IT company Rolta India's bonds has been upgraded by Deutsche Bank to a 'BUY' from 'HOLD', just after the company rejected allegations made by short-seller Glaucus Research about fabricated capital expenditures.

TCS accused of South Asian favouritism in US

India Infoline News Service | Mumbai | April 17, 2015 11:40 IST

India's largest software services exporter TCS, has been accused of playing favorites with the workers of South Asian descent in the United States of America. The company has been sued by a white American information technology worker Steven Heldt who made this accuse, says a media report.

IT stocks sag on earnings worry

India Infoline News Service | Mumbai | April 17, 2015 11:28 IST

The CNX IT index has slumped 1.7 percent to 11,850. The index has recouped partially from the day's low of 11,759.

Mindtree slips 4% on Q4 earnings

India Infoline News Service | Mumbai | April 17, 2015 11:07 IST

he company has posted a net profit of Rs. 1,287 million for the quarter ended March 31, 2015 as compared to Rs. 982 million for the quarter ended March 31, 2014.

Hinduja Global declines on fund action

India Infoline News Service | Mumbai | April 17, 2015 09:59 IST

Birla Sun Life Mutual Fund sold 300,000 shares and Afrin DIA sold 175,000 shares of the company at Rs. 600 on the BSE.

Persistent Systems stock down 2%

India Infoline News Service | Mumbai | April 17, 2015 09:19 IST

The company has announced that the meeting of the Board of Directors of the Company is scheduled on April 20, 2015 and will continue on April 21, 2015, inter alia, to consider the Audited Financial Results of the Company for the quarter and year ended March 31, 2015

TCS stock slips 2% after Q4 results

India Infoline News Service | Mumbai | April 17, 2015 09:14 IST

The Company has posted a net profit of Rs. 37126.70 mn for the quarter ended March 31, 2015 as compared to Rs. 53576.10 million for the quarter ended March 31, 2014.

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