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Infosys Q1 Net up 21.6%; attrition rate hits record 19.5%

Infosys Q1 Net up 21.6%; attrition rate hits record 19.5%

Last Updated: Friday, July 11, 2014, 11:15

IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency.

'Union Budget, IIP data, Infosys results to drive stock markets'

Last Updated: Sunday, July 06, 2014, 12:03

Marketmen said that majorly investors, be it domestic or global, are eyeing the Union Budget for 2014-15 on July 10.

China tops Dubai's Q1 trading partners list, India second

Last Updated: Monday, June 09, 2014, 16:56

Continuing the upward trend, Dubai's foreign trade grew in the first quarter (Q1) of 2014 with India trailing China as the second largest trading partner of the emirates city.

Japan's Q1 growth fastest in more than two years

Last Updated: Monday, June 09, 2014, 16:51

A surprise jump in capital spending powered the 1.6 percent expansion in the world's number-three economy between January and March, slightly better than an initial estimate of 1.5 percent.

Asia-Pacific posted 3.3% increase in server revenue in Q1

Last Updated: Thursday, May 29, 2014, 20:15

Asia-Pacific region has posted a 3.3 percent rise in server revenue and 18 percent increase in server shipments in the first quarter of 2014, according to IT research and advisory company Gartner.

German recovery gathers momentum in Q1

Last Updated: Thursday, May 15, 2014, 14:58

The German economy, Europe's biggest, gathered momentum in the first three months of 2014, expanding by 0.8 percent, official data showed on Thursday.

ArcelorMittal Q1 net loss narrows to $205 million

Last Updated: Friday, May 09, 2014, 17:09

The world's largest steel producer, headed by NRI Lakshmi N Mittal, had clocked USD 345 million net loss during the January-March quarter of last year.

ArcelorMittal lowers forecast for global steel demand

Last Updated: Friday, May 09, 2014, 12:56

ArcelorMittal, the world`s largest steelmaker, trimmed its forecast for global steel use on Friday due to a more pronounced slowdown in China and a decline in Russia, though it retained optimism about its core European and U.S. markets.

AOL Q1 revenue rises on surge in ad sales

Last Updated: Wednesday, May 07, 2014, 21:30

AOL Inc reported a rise in first-quarter revenue on Wednesday, boosted by a surge in advertising sales through its automated electronic exchange.

Barclays to wield axe after more woe at investment arm

Last Updated: Tuesday, May 06, 2014, 19:18

Britain`s scandal-hit Barclays bank revealed on Tuesday that first-quarter profit almost halved at its embattled investment banking arm, where the group is set to axe jobs in a major shake-up.

Mexican oil giant Pemex reports $2.7 billion Q1 loss

Last Updated: Thursday, May 01, 2014, 10:26

Mexico`s state oil giant Pemex on Wednesday reported a nearly USD 2.7 billion loss in the first quarter.

India Q1 M&A deal down 23% to $4 bn: Report

Last Updated: Wednesday, April 30, 2014, 22:21

The declining trend is primarily because corporates are on a wait and watch mood amidst the General Elections, the report said.