Keste, a Texas-based provider of Oracle software solutions and development company, expects revenues from its India development centre (IDC) in Hyderabad to exceed $2 million (approximately Rs 11 crore) this year, as against $1.5 million in 2011, according to president and chief executive Howard Moore.

Keste sees $2-mn revenues from Hyd centre

Business Standard

The country&rsquo;s largest software firm Tata Consultancy Services (TCS) on Thursday reported a 37.39 per cent jump in consolidated net profit to Rs 3,317.68 crore for the first three months of this financial year.

TCS Q1 up 37% at Rs 3,318 cr

Press Trust of India

The quarterly results of Infosys, the country&rsquo;s second-largest information technology services company, failed to cheer the markets for a third time in succession.

Infosys results disappoint market again

Infosys CEO and MD S D Shibulal talks to Bibhu Ranjan Mishra and Pradeesh Chandran about the firm&rsquo;s financials and the rationale behind lowering (dollar-terms) revenue guidance for the full year.

We'll revisit wage hike decision in Sept-Oct: S D Shibulal

Life Insurance Corporation of India (LIC), the country&rsquo;s largest insurer, has raised its stake in Infosys to 6.3 per cent, with purchase of shares worth an estimated Rs 2,000 crore in the first quarter of the current financial year.

LIC ups Infy stake to 6.3%

Nasdaq-listed information technology services company iGATE trebled its net profit to $12.7 million (around Rs 70 crore) in the second quarter ended June, as compared with $4 million in the same period a year ago. The revenue increased 57.3 per cent to $268 million in the quarter under review on a year-on-year basis.

iGATE net profit trebles to $12.7 mn

Tata Consultancy Services (TCS) the country&rsquo;s largest information technology (IT) services provider, has applied for 5,900 H-1B visas for America this year, up 1,400 from last year&rsquo;s 4,500 applications. The company also said it was going to hire 50,000 more employees this financial year.

Rejection-wary TCS seeks more H1-B visas

Facebook Inc Chief Executive Officer Mark Zuckerberg said his hardest job right now was figuring out how to adapt the world&rsquo;s largest social network to mobile devices.

Mobile shift biggest challenge, says Zuckerberg

N Chandrasekaran, managing director and CEO of Tata Consultancy Services, maintains that his company has proved its adaption to merging trends by reporting consistent growth. In an interview with Shivani Shinde, he talks about the new drivers here and the changing business portfolio.

Keeping the company agile is my priority: N Chandrasekaran

The two leading information technology companies, Tata Consultancy Services (TCS) and Infosys Technologies, reported their first-quarter results on the same day, thus dramatically juxtaposing them and offering valuable insights. Although according to certain key parameters the companies belong to the same league, the signals they sent out could not be more different.

IT's different folks

It can be frustrating when you see something worth shooting and don&rsquo;t have a camera with you. That&rsquo;s where a smartphone with a good camera comes in handy.

Smart applications for mobile shutterbugs

Intense competition among companies like HP, Epson, Canon and Samsung , among others, has driven retail prices of printers to such absurd lows that you can now walk into a store and walk out with a brand new printer for as low as Rs 3,000. But, that&rsquo;s not where the investment ends. Costs of cartridge, printer maintenance and hardware repairs, media (paper, etc) should also be calculated before you choose a printer.

Choosing the right home printer

Shares in Nokia Oyj  fell over 3 percent on Monday after the company slashed the price of its flagship smartphone, with investors seeing it as a sign of desperation in its battle against Apple Inc  and Samsung Electronics Co Ltd .

Nokia price cut worries investors ahead of Q2 results

Reuters 

Infosys shares on the BSE continued to fall, as the stock touched a 33-month low.

Infosys stock falls 2.5%, hits 33-month low

Higher ticket prices and lower capacity led to a decline in the number of airline passengers in June, according to various online travel portals.

Domestic air traffic falls 5% in June: Portals

Software giant Microsoft today unveiled the customer preview of its new Office suite of solutions, tailored for tablets and other touchscreen devices.

Microsoft unveils customer preview of new Office suite

Yahoo! Inc said Marissa Mayer would become chief executive officer, appointing a vice-president from competitor Google Inc to stem user defections and market-share losses that have fueled three straight years of revenue declines at the biggest US Web portal.

Google's Mayer is Yahoo's new CEO, its 5th in 4 years

Dell BPO, the business processing outsourcing (BPO) services arm of Dell, the $63-billion global technology giant, is strengthening its service offerings. The company has started offering BPO services in finance and accounting (F&amp;A), procurement and customer services.

Dell expands BPO services offerings

A homegrown social networking site is hoping to compete with giants like Facebook and Twitter by integrating features of all top web portals into a seamless floating facility.

Desi social networking site to take on existing ones

BlackBerry has developed an application called Study Buddy for the students of management&nbsp;entrance training IMS in association with mobile service provider company Vodafone.

BlackBerry develops application for IMS

With increased demand in printers for home, HP has launched six new HP Deskjet Ink Advantage printers at&nbsp;Pune on Wednesday. According to the company, this new range &nbsp;delivers printing affordability and productivity with first-to-market technologies for mobile, on-the-go printing, such as wireless direct printing that does not require a&nbsp;network.

HP launches affordable range of printers for homes, offices

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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