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Microsoft eyes Indian smartphone mkt22-NOV-09
The world's largest software firm Microsoft today said it is sharpening its focus on the fast growing smartphones market and other wireless devices in India.
Adobe to cut 680 full-time jobs worldwide11-NOV-09
Software firm Adobe Systems Inc is laying off 680 full-time positions worldwide, nearly 10 per cent of its total workforce, as part of its cost-cutting initiative.
Excise duty uppercuts software firms09-NOV-09
Retail consignments, worth several lakhs of rupees, of over-the-counter (OTC) or packaged software from majors like Microsoft and Adobe are understood to be held up at immigration checkpoints across the country due to anomalies over excise duty.
I-T dept conducts searches at software firm Tulip25-SEP-09
The Income Tax department today conducted searches at various premises of IT company Tulip Telecom for alleged evasion of taxes running into crores of rupee.
Govt may extend tax holiday for software firms05-JUL-09
The government may extend the tax holiday for software exporters beyond March 2010, in the Budget tomorrow.
Wipro warns job aspirants from falling prey to bogus e-mails02-JUL-09
Software major Wipro Technologies today warned job aspirants from falling prey to fraudsters who had sent out bogus e-mails in its name asking them to appear for an interview after making a payment.
Geodesic acquires South American software firm19-MAY-09
Communication and entertainment solutions services provider Geodesic today said it has acquired South America-based software firm Interactive Networks for an undisclosed sum.
PW names 2 more auditors in Satyam scam18-MAR-09
ICAI starts proceedings against software firm's CFO and head of audit cell.
Holding the fort22-JAN-09
The October-December results of the leading Indian software firms appear better than they actually are, thanks to a 3 per cent depreciation of the rupee against the US dollar during the period. All the big three firms — TCS, Infosys and Wipro — have posted on a consolidated basis fairly healthy top line growth, in the 24-35 per cent range. They have also more or less maintained their net margins, in terms of their own past trends. Infosys, as is usual, leads the pack with a net margin of 28.4 per cent, while Wipro (which also has non-IT businesses) has clocked 15.1 per cent, both keeping to their own trends. It is TCS which is off the trend, posting a fall of nearly two percentage points in the last six months compared to the previous six—apparently because of currency losses. The numbers not only look different when restated in dollar terms, the outlook projected by the firms is also distinctly sombre.
Slowdown makes Diwali 'muted' for software firms29-OCT-08
The global economic slump has muted the celebration of the ‘festival of lights’ for most export-driven software companies in the silicon city this year.
Tax shadow over software MNCs03-APR-08
Microsoft studying Rs 700 cr royalty order.
LUNCH WITH BS: S Ramadorai25-MAR-08

In an industry where zero-defect is par for the course, TCS's chief explains, much like Billy Joel, that getting it right the next time is not the same thing.

Infrasoft eyes buys in UK, W Asia26-FEB-08
Infrasoft Technologies, a Mumbai-based banking products software firm, is close to acquiring a firm each in the UK and West Asia.
Wipro signs MoU with Mumbai college07-NOV-07
Software firm Wipro has signed a Memorandum of Understanding with the Sardar Patel College of Engineering and Sardar Patel Institute of Technology in Mumbai to foster an academia-industry relationship
Banks, FI heap orders on software firms19-OCT-07
Made-in-India financial software solutions are making waves across the globe. Indian firms providing such solutions to banks, financial institutions and insurance companies are noticing a significant
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