Infosys Reported 31 per cent Rise in Q3 Net Profit

October 9th, 2009 Infosys profit falls 0.9 pct but outlook improvesMUMBAI, India — Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be over for India's software services industry after being hard hit by the global downturn.

August 29th, 2009 LONDON - Almost half of web users in the UK have posted photos and videos to popular content-sharing sites such as Facebook and YouTube in the last year, reveals a new survey. According to the poll from the Office for National Statistics, around 40 per cent of those using the Internet had uploaded messages on chat sites, blogs and news groups in the last year as compared to 20 per cent in 2008.

December 16th, 2005 Nicu Sebe from the University of Amsterdam in the Netherlands tested emotion-recognition software on Monalisa's smile. Why am I unhappy about it? His algorithm examines key facial features such as the curvature of the lips and crinkles around the eyes, then scores each face with respect to six basic emotions.

May 27th, 2009 NEW DELHI - IT training and talent development company NIIT has reported a 44.1 percent increase in standalone net profit for 2008-09 despite a 17.8 percent fall in its fourth quarter earnings. The company's net profit for last fiscal stood at Rs.47.21 crore, up from Rs.32.77 crore in 2007-08, while the January-March quarter profit fell to Rs.23.14 crore from Rs.28.14 crore in the same period of 2008.

July 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics said Friday that second-quarter net profit rose 5.2 percent from the same period last year as sales of flat screen televisions and mobile phones increased and prices for memory chips moved higher amid stronger demand for personal computers. Samsung Electronics Co., the world's biggest manufacturer of computer memory chips and flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing.

June 6th, 2009 LONDON - A meagre 10 percent of total Twitter users post 90 per cent of all tweets on the micro-blogging website, reveals a Harvard Business School report. And it is the prolific Twitter users, like Ashton Kutcher and his wife Demi Moore, who account for the majority of tweets.

August 10th, 2009 LONDON - Many Britons are apparently applying computerised techniques to their holiday photographs to make themselves appear attractive, and then posting them online. Thousands are said to be turning to the airbrushing act to improve their appearances in snaps taken during trips, and uploading them on websites like Facebook.

August 10th, 2009 LONDON - A new survey has shown that the MySpace generation is more able to talk about themselves online than in real life. The new research conducted on British MySpace users aged 14 to 21 showed that 36 percent found it easier to talk about themselves online than in the real world.

September 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.

September 3rd, 2009 American Software reports rise in 1Q earningsATLANTA — American Software Inc. reported higher earnings for its fiscal first quarter even though revenue came in 7 percent below year-ago levels.

September 30th, 2009 Lawson Software predicts 2Q profitST. PAUL, Minn. — Lawson Software Inc.

July 22nd, 2009 Software AG 2Q net profit up 7 percentFRANKFURT — Germany's Software AG said Wednesday that its second quarter net profit rose 7 percent on a strong improvement in revenue from licenses and maintenance. The Darmstadt-based company reported a net profit of euro29 million ($41 million) in the April-June period, compared with euro27 million a year earlier.

August 5th, 2009 KOLKATA - The West Bengal government has acquired 200 acres of contiguous land for the Rajarhat information technology (IT) hub, where software majors like Infosys and Wipro have sought space, a state minister said here Wednesday. "We are now ready to offer land to any company.

July 29th, 2009 NEW DELHI - IT training service provider NIIT Ltd Wednesday reported 42 percent dip in net profits to Rs.9.9 crore for the quarter ended June 30 as against Rs.17 crore in the like period last year. However, the company recorded one percent increase in its net revenue to Rs.261 crore from Rs.259.5 crore, NIIT said in a statement.

August 19th, 2009 Longtop Financial's 1Q profit jumps 38 percentChinese financial software developer Longtop Financial Technologies Ltd. said Tuesday its fiscal first-quarter profit rose nearly 38 percent on growing demand across its customer base, and boosted its revenue and profit expectations for the full fiscal year.