Beating analyst expectations, especially on profit and margins, Tata Consultancy Services (TCS), India&rsquo;s largest information technology services&rsquo; provider, posted a 50.1 per cent jump in its net profit (consolidated Indian GAAP) at Rs 2,001 crore for the quarter ended March 31, compared to the same period a year earlier.

TCS beats expectations, Q4 net jumps 50%

Business Standard

London Stock Exchange-listed CBaySystems Holdings, which specialises in medical transcription and related services, has acquired Spheris &mdash; a global provider of clinical documentation technology and services &mdash; for $116.3 million (around Rs 525 crore).

CBaySystems buys Spheris for Rs 525 cr

Spice Digital, the mobile Value Added service(VAS) provider, announced the opening of a larger office premise in Kolkata, augmenting its capacity to service the increasing needs of the telecom market in eastern India. Spice Digital reaches out to over 50 million subscribers daily in India, Bangladesh, Mauritius, Kenya, Indonesia, Jordan, Nepal, Nigeria, Saudi Arabia and Singapore.

Spice Digital's eastern expansion

Raja orders swift action on pay, promotion issues for non-officers.

BSNL divestment goes to GoM, unions end strike

The company managed currency headwinds in 2009-10 and expects a strong volume growth in future.

TCS: Falling in line

India&rsquo;s largest information technology services provider, Tata Consultancy Services (TCS), beat analyst expectations on both net profit and operating margins during the fourth quarter ending March 31. TCS clinched 10 large deals (one deal of over $500 million) in the fourth quarter and volume growth was robust at 17 per cent for the entire financial year.

'From our business point of view, recovery is here to stay'

A few years back, telecom operators like Bharti Airtel, Vodafone, Reliance Communications, Tata Teleservices and Idea battled over cellphone techologies with a David -- code division multiple access (CDMA) -- being pitted against GSM -- a Goliath. GSM has emerged a clear winner.

3G Vs WiMAX: LTE queers pitch in battle for spectrum

Apple Inc got an iPhone prototype back from technology blog Gizmodo.com, which said it obtained the device after a company engineer left it at a bar.

Apple gets its iPhone prototype back, Gizmodo says

Hiring up this year, pay rise planned in July.

HCL net income rises 57% in third quarter

The country&rsquo;s largest software exporter, Tata Consultancy Services (TCS), today announced a global engineering services partnership with power systems company Rolls-Royce.

TCS, Rolls-Royce sign engineering services pact

Press Trust of India

US-headquartered business software provider Infor on Wednesday launched its Centre of Excellence (CoE) here at Manikonda. The centre would deliver products and services to global clients, particularly from the Asia Pacific region.

Infor sets up CoE in Hyderabad

China has a reputation for it, but they&rsquo;re hardly alone. A new Google tool shows India ranks third among the countries which regularly request Google to remove unpalatable content.

India third in seeking to censor Google

When mid-size information technology (IT) services company MindTree acquired Aztecsoft in May 2008, many believed this would herald a trend in Indian IT, in terms of consolidation of small and mid-sized firms to enable them to viably compete with bigger ones.

Mid-size IT companies heading for consolidation

The government would rake in a minimum of Rs 28,000 crore from the auction of third generation (3G) telecom spectrum on the 11th day, as the pan-India licence reached a bid of Rs 6,967.55 crore, up by about 99 per cent from the base price of Rs 3,500 crore.

3G bid price nearly doubles to Rs 6,967 crore on Day 11

When 36-year-old Indian national Waheed Suleiman met his wife Saima Naz, a Pakistani national studying in Singapore, through a matrimony site five years back, it did not make news. With Sania Mirza marrying Pakistani cricketer Shoaib Malik, however, interest in cross-border marriages appear to be on the rise if a recent survey conducted by matrimony portal Shaadi.com is any indication.

Sania marriage sparks interest in cross-border knots: Shaadi.com

Facebook Inc Chief Executive Officer Mark Zuckerberg said he isn&rsquo;t counting on making money from the company&rsquo;s Facebook Credits online currency any time soon, even as he pumps resources into the project.

Facebook says credits won't pay off soon, adds 'like' feature

Telecom transmission solutions provider Sterlite Technologies today said its net profit rose 65 per cent to Rs 72 crore for the fourth quarter ended March 31, 2010, over the same period last year.

Sterlite Technologies net up 65%

Revenues grew in tune with peers but rupee appreciation dims overall outlook.

HCL Technologies: Catch-up quarter

India's top three IT companies are understood to have been rejected by the Unique Identification Authority of India (UIDAI) for a project related to the country's biggest biometric count.

No place for Big 3 in first UID project

Persistent Systems, outsourced software product development services firm recorded consolidated net profit of Rs 115 crore for the year ended March 31 up by 70.2 per cent as compared to Rs 60 crore last year, Persistant&nbsp; said in a filing to the Bombay Stock Exchange (BSE). Revenue for the year increased by 1.2 per cent to Rs 601 crore.

Persistent Systems net profit up 70%

India&rsquo;s third largest network service provider, Reliance Communications (RCom), is close to signing an agreement with US-based GetJar to launch its own application store (app store, software modules to run specific tasks on own mobiles), sources said.

RCom to tie up with US giant for application store

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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