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Monday, Nov 23, 2009
 
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IT stocks in demand as acquistion clicks12-NOV-09
IT stocks have shown strong gains on the back of acquisitions by IT majors.
'We expect corporate buying to return'04-NOV-09
The first quarter of 2010 was not good for hardware and systems integrator HCL Infosystems, due to the global economic slowdown. However, Ajai Chowdhry, chairman and CEO, HCL Infosystems, tells Kirtika Suneja the environment may improve in three to six months, as the economy has bottomed out.
Glue designs to stick31-OCT-09
N iladri Mukherjee, CEO of Glue, a 360° design solution company, shares with us his one valuable mantra: “I like keeping my mouth shut and let my work do all the talking.” Quietly, but surely, Glue has been growing steadily in design circles. From designing retail spaces to creating exhibition venues to creating furniture and product design, Glue is fast emerging as one of the leaders in design. “I think what has kept us in good stead is the fact that we didn’t say no to anything and took up challenges,” says Mukherjee.
HCL Info net down 11%30-OCT-09
Demand slowdown hits revenues.
Hedging losses pull HCL net down 10%29-OCT-09
Delhi-based HCL Technologies today posted a 10.1 per cent fall in its year-on-year net income for the quarter ended September 30, owing to hedging losses of Rs 155.4 crore. Net income for the quarter stood at Rs 320.1 crore, compared with Rs 355.9 crore in the corresponding quarter a year earlier.
'Time right for acquisitions'29-OCT-09
HCL Tech posted a 29 per cent increase in its revenue for the quarter ended September 30, besides signing big deals. It maintains the global slowdown should be seen as an opportunity and not an excuse. CEO Vineet Nayar told Kirtika Suneja this has reaffirmed the leadership policy and will strengthen its momentum towards broad-based growth.
Companies to spend more on PCs in 2010: Intel28-OCT-09
The world’s largest chipmaker Intel expects corporate spending on personal computers (PCs) to rise in 2010. “Corporate spending on PCs will improve significantly in 2010 and emerging markets will grow faster than mature markets,” Intel Chief Executive and President Paul Otellini told reporters here today. He, however, did not specify any numbers.
FIIs raise holding in frontline IT stocks25-OCT-09
Foreign institutional investors (FIIs) have raised their holding in most large- and mid-cap information technology (IT) stocks.
MS launches Windows 7, pre-loaded PCs start at Rs 15k22-OCT-09
The world's largest software maker Microsoft, today launched the much-awaited 'Windows 7' operating system (OS) with a host of tools for multimedia applications for business and retail customers.
Indian cities still hot for outsourcing22-OCT-09
Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey.
Markets lacklustre; HCL Tech soars 5%21-OCT-09
The NSE Nifty is at 5,103, down 11 points. The Sensex is now at 171,181, down 42 points.
HCL Infosystems to rebrand retail outlets10-OCT-09
As part of its marketing initiative ‘HCL Mobile Excitement (ME)’, hardware and systems integrator firm HCL Infosystems is rebranding its retail outlets and its store chain ‘Digilife’ which retails digital lifestyle products.
Fortis signs outsourcing deal with HCL05-OCT-09
Hospital chain, Fortis Healthcare today announced a five-year outsourcing deal estimated to be over $15 million with IT major HCL Infosystems for implementing software solutions at all its facilities.
Two firms in Greenpeace's green global ranking05-OCT-09
Wipro now No.
Foster meets HCL President in Delhi29-SEP-09
Enterprise Minister Arlene Foster today visited New Delhi-based HCL, one of the biggest business investors from India, in Northern Ireland. The Minister discussed HCL’s experience in Northern Ireland and reaffirmed the commitment of the Executive to support any future development opportunities with Saurav Adhikari, HCL President of Corporate Strategy, at the technology company’s headquarters at Noida, near New Delhi.
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