NIIT net dips 42 percentJuly 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.
NIIT net profit dips 60 percentJanuary 19th, 2009 NEW DELHI - IT training major NIIT Ltd Tuesday reported a net profit of Rs.55 million for the third quarter ending December 31, a 60 percent dip compared to Rs.139 million profit in the same period a year before. The dip in profits has been attributed to the launch of NIIT Uniqua and increased depreciation due to new school projects that impacted profit after tax (PAT) for the quarter, a company statement said.
NIIT annual net profit up 44.1 percentMay 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.
NIIT Technologies profit dips 13.5 percentJuly 29th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday reported a 13.5 percent dip in its operating profit to Rs.39.4 crore for the quarter ended June 30 as against Rs.45.6 crore in the like period last fiscal. The company's consolidated revenues too dipped 11 percent to Rs.218.2 crore from Rs.245.8 crore, NIIT said in a regulatory statement.
Technopark ties up with Beijing Software Park (Business Capsule)September 22nd, 2009 THIRUVANANTHAPURAM - City-based information technology park Technopark has signed a cooperation agreement with China's Beijing Zhongguancun Software Park Co (Zpark), it was announced here Tuesday. Under the agreement, the two parks will join hands in business process outsoucring (BPO), software exports and training sectors in major markets like China, Japan, South Korea, the US and Europe, Technopark said in a statement.
NIIT Technologies profit dips 52 percentJanuary 13th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday said its net profit dipped 52 percent to Rs.16.8 crore (Rs.168 million/$3.36 million) for the third quarter ending Dec 31 from Rs.34.7 crore (Rs.347 million/$6.94 million) in the same period last year. However, the company's revenues rose six percent to Rs.248.5 crore (Rs.2.49 billion/$480 million) for the quarter, as compared to Rs.233.8 crore (Rs.2.3 billion/$460 million) in the same period last year, a company statement said.
Computer Sciences receives Air Force pact for technical support, development testing, trainingAugust 12th, 2009 Computer Sciences receives $50M Air Force contractFALLS CHURCH, Va. — Information technology company Computer Sciences Corp.
HCL to provide IT application support to US firmJune 30th, 2009 NEW DELHI - Software service provider HCL Technologies Tuesday said it has won a contract from US-based beverages producer Dr Pepper Snapple Group (DPS) to provide IT application support and infrastructure management services. According to the contract, HCL will deliver application support to DPS and manage and monitor its infrastructure for a period of five years, the company said in a regulatory statement.
UK Government in Search of CMSMay 23rd, 2005 UK Government departments have begun sourcing the new 'e-Communications Infrastructure' for public sector websites that will replace DotP, the Government's short-lived £35 million ($64m) bespoke content management system (CMS). Whereas DotP was custom-written specifically for government use, the e-Communications Infrastructure...
BMC India Technical Exchange brings together BMC software customers, partners, local R and D teamsJune 11th, 2009 BANGALORE - BMC Software is well known as the leader in providing Business Service Management (BSM) solutions to the world's largest enterprises. For nearly a decade, BMC Software India has been contributing to the development of BMC's software products.
Download Latest Windows 7 Training Kit for DevelopersAugust 18th, 2009 The Windows 7 Training Kit for Developers is updated for the RTM version and gets a new look combined with better functionality. There are all the existing topics such as Taskbar, Sensor and Location, Libraries and Shell, DirectX, Multitouch etc.
Alinghi launches catamarans on Lake Geneva to begin training for America's CupApril 30th, 2009 Alinghi launches 35-foot cats for Cup trainingAmerica's Cup champion Alinghi of Switzerland has launched two 35-foot catamarans on Lake Geneva and will begin training for its showdown with American challenger BMW Oracle Racing next year. American Ed Baird will helm one of the catamarans while Alinghi boss Ernesto Bertarelli, a biotech tycoon with extensive experience sailing multihulls, will steer the other.
HP StorageWorks launches HP PolyServe Software for Microsoft SQL ServerApril 6th, 2009 NEW DELHI - HP StorageWorks Division today announced the launch of the HP PolyServe Software for Microsoft SQL Server. HP PolyServe's unique "shared data" architecture delivers enterprise class availability and virtualization-like flexibility in a utility platform for customers.
Devon IT announces thin clients orderable from IBM in IndiaMarch 31st, 2009 KING OF PRUSSIA - Devon IT Solutions India Pvt Ltd today announced its new line of thin client solutions, orderable with IBM part numbers. Devon has worked directly with IBM to launch this complete line of thin client solutions that complements IBM's Virtual Client Solutions (VCS) infrastructure.
Norwest Venture to invest Rs.200 mn in IT firmJanuary 27th, 2009 BANGALORE - Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure management services firm Appnomic Systems, it was announced here Wednesday. The venture fund will be invested to expand into the US market and build innovative product and service offerings, the Bangalore-based Appnomic said in a statement.