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Moody's retains stable outlook for TCS, Infosys

Moody's Investors Service on Wednesday affirmed the ratings of two major Indian IT services companies, Tata Consultancy Services Limited (TCS) and Infosys. Photograph: Andrew Kelly/Reuters In two......

Reliance is 1st Indian co to cross $100 bn annual revenue

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in......

Reliance Industries Q2 net falls 15% on weak oil business

A plunge in fuel demand after the raging pandemic forced people to stay home and stifled the economy dealt a body blow to the firm's traditional cash cow oil refining and petrochemicals, even as......

Philips to split off lighting business, form separate company

Philips said on Tuesday it would break its 120-year-old company in two, creating a stand-alone lighting business and merge consumer and healthcare divisions into a 15-billion euro business. The......

iGate net rises 80% to Rs 10.6 cr

IT services provider iGate Global Solutions Ltd on Wednesday reported a 80 per cent year-on-year increase in net profit in second quarter ending September 30, 2006, to Rs 10.6 crore (Rs 106......

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