The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
'We are at a time and position that we do not need higher number of visas.'
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
IT majr Wipro needs stability at the top deck, say industry watchers.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
Choose a career that motivates you and one that you are good at, says Prof RSS Mani, education consultant and vice president-institutional development, ITM Group of Institutions.
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