ISRO eyes 25 percent revenue growth in 2009-10

October 8th, 2009 BANGALORE - Infosys Technologies Ltd has projected revenue of Rs.54.76 billion (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY) as per the Indian accounting standard. In a regulatory filing Friday, the IT bellwether said its consolidated income for this fiscal (FY 2010) was expected to be about Rs.220.55 billion (Rs.22,055 crore), which would be a marginal growth of 1.2-1.7 percent YoY as per the Indian accounting standard.

September 24th, 2009 CHENNAI - India's first lunar mission is perhaps the only space project that has raised many eyebrows. But the sensational finding of water on moon has vindicated Indian Space Research Organisation (ISRO) officials' faith in the Rs.386-crore mission.

September 23rd, 2009 SRIHARIKOTA - Scientists at the Indian Space Research Organisation (ISRO) do not just rely on scientific calculations before a rocket launch - they also seek divine help. Prior to every launch, the scientists make a visit to Tirupathi to have a 'darshan' of Lord Balaji seeking his blessings by placing a replica of the rocket to be launched.

September 23rd, 2009 CHENNAI - Indian Space Research Organisation (ISRO) Chairman G. Madhavan Nair has said he can't confirm the presence of water on the moon.

September 23rd, 2009 CHENNAI - The American space agency NASA is expected to announce Thursday major findings of its moon mineralogy matter that went on board India's Chandrayaan-1. The announcement has been kept under wraps, but it is speculated it will be about the presence of water or ice on the moon.

August 13th, 2009 SRA forecasts strong 2010 earnings growthFAIRFAX, Va. — SRA International Inc.

August 7th, 2009 Ranking Rx: Top 20 drugmakers by annual salesRankings of the world's Top 20 drugmakers, based on global prescription drug sales for the year ending in March 2009, when total pharmaceutical industry revenue grew about 5 percent to more than $720 billion. Figures do not include revenue of company units selling consumer and animal health products, medical devices or diagnostic products.

July 23rd, 2009 Compass Group says 9-month revenue up 1 pctLONDON — Compass Group PLC, the world's largest food service company, said Thursday that revenue rose nearly 1 percent in the nine months to June 30 despite the recession's impact on the business, sports and leisure industries. Gains in revenue in North America offset declines in Europe.

July 22nd, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.16 billion (Rs.1,016 crore) for the first quarter (April-June) of this fiscal (2009-10), registering 12 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated revenue for the quarter (Q1) was Rs.62.74 billion (Rs.6,274 crore), an increase of five percent YoY as per the Indian accounting standard.

July 15th, 2009 Campbell Soup says 2009 profit to top targetCAMDEN, N.J. — Campbell Soup says it expects its fiscal 2009 profit growth to exceed its long-range target of 5 percent to 7 percent.

July 6th, 2009 NEW DELHI - India's space research programme will get a boost as the union budget for 2009-10 presented by Finance Minister Pranab Mukherjee Monday has given a 40 percent hike in fund allocation for the Indian Space Research Organisation (ISRO). The total funds allocation for ISRO for 2009-10 is Rs.4,959 crore (Rs.49.59 billion or $1.01 billion), up from Rs.3,499 crore, which is an increase of around 41 percent, S.

April 22nd, 2009 BANGALORE - India's third largest IT bellwether Wipro Ltd, which resisted global meltdown to post double-digit growth in fiscal 2008-09, has succumbed in the beginning of the new fiscal (2009-10) to project lower revenue guidance from its global IT services business. 'Flat sequential growth and uncertainty in a subdued environment have made us project lower revenue guidance from global IT services in the range of $1-1.03 billion for first quarter (April-June) of FY 2010,' Wipro chief financial officer Suresh Senapaty told IANS here Wednesday.

April 22nd, 2009 BANGALORE - Wipro Ltd posted a net profit of Rs.10.1 billion (Rs.1,010 crore) for the fourth quarter (January-March) of fiscal 2008-09, registering 15 percent year-on-year (YoY) growth under the Indian accounting standard. In a regulatory filing, the IT bellwether said Wednesday its consolidated revenues for the quarter under review (Q4) of FY 2009 rose to Rs.64.52 billion (Rs.6,452 crore), posting YoY growth of 13 percent under the Indian accounting standard.

April 22nd, 2009 BANGALORE - Wipro Ltd posted a net profit of Rs.38.99 billion (Rs.3,899 crore) for fiscal 2008-09, registering 19 percent year-on-year (YoY) growth under the Indian accounting standard. In a regulatory filing to the stock exchanges, the IT bellwether said Wednesday its consolidated revenue for the fiscal under review (FY 2009) was Rs.255.44 billion (Rs.25,544 crore), posting 28 percent YoY growth under the Indian accounting standard.

March 19th, 2009 NEW DELHI - India's economy will grow by at least 5 percent in 2009-10, a Planning Commission member said here Wednesday. 'We should see at least a 5 percent growth in GDP (gross domestic product) in 2009-10.