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IT stocks fall after Cognizant cuts revenue guidance

Last Updated: Thursday, August 07, 2014, 12:43

Infosys' scrip ended the day 1.68 percent lower, while TCS was down 1.56 percent on the BSE.

AstraZeneca smashes forecasts in Q2 after seeing off Pfizer

Last Updated: Thursday, July 31, 2014, 12:26

AstraZeneca smashed forecasts for second-quarter sales and earnings on Thursday, demonstrating resilience after seeing off a USD 118 billion takeover approach from rival drugmaker Pfizer two months ago.

EU banks watchdog advises lenders to shun bitcoins

Last Updated: Saturday, July 05, 2014, 02:14

Banks in the European Union should refrain from offering customer accounts in virtual currencies like bitcoins until regulatory safeguards are in place, the bloc`s banking watchdog said on Friday.

Bitcoin pioneer calls for regulatory guidance from EU

Last Updated: Friday, July 04, 2014, 00:51

Europe should update its laws to reflect the rise of digital currencies, the head of a bitcoin start-up said, after a successful U.S. auction of bitcoins was seen as a sign of their broadening appeal.

The guiding light

Last Updated: Tuesday, June 24, 2014, 14:13

Skilled career guidance counsellors are essential to give students clarity on the numerous higher education options that are available for them, says Prachi Rege

Samsung Electronics Q4 guidance widely misses street estimates

Last Updated: Tuesday, January 07, 2014, 05:52

Samsung Electronics Co Ltd said October-December operating profit fell 18 percent to 8.3 trillion won from the prior quarter`s record earnings, missing analyst estimates, due primarily to a one-off special bonus.

DLF cuts net debt by Rs 861 cr to Rs 19,508 cr

Last Updated: Thursday, October 31, 2013, 14:59

India's largest realty firm DLF has reduced net debt by Rs 861 crore in the second quarter of this fiscal at Rs 19,508 crore and the company is targeting to cut it further at Rs 17,500 crore level by March next year.

Reckitt Benckiser logs rising quarterly revenues

Last Updated: Tuesday, October 22, 2013, 13:46

Reckitt Benckiser said that third-quarter sales rose five percent, driven partly by emerging markets, and raised its full-year guidance.

86% of Indian businesses want more tax guidance: Thornton

Last Updated: Wednesday, May 22, 2013, 15:12

As per the quarterly survey of more than 3,000 businesses in 44 countries, around 68 percent of businesses globally would welcome more global cooperation and guidance from tax authorities.

Infosys tanks 22% on muted guidance; m-cap dives Rs 35,740 crore

Last Updated: Friday, April 12, 2013, 17:59

The disappointing revenue forecast prompted investors to offload the stock, pulling it down by over 22 percent to Rs 2,268 during the day.

Infosys Q4 net up 3.3%; muted guidance sends shares tumbling

Last Updated: Friday, April 12, 2013, 09:44

The IT major pegged a revenue guidance of 6-10 percent, which is lower than that of IT body Nasscom, which expects industry to grow by 12-14 percent in the current fiscal.

Wipro ups revenue guidance for fourth quarter

Last Updated: Friday, January 18, 2013, 10:40

Wipro Ltd has projected a higher revenue guidance of USD 1.6 billion from its flagship global IT services business for fourth quarter (Jan-March) of this fiscal (2012-13).