Business News, IT Industry News,Stock News, Share Market,: April 2009

Thursday, April 23, 2009

Inter 2nd year Board of Intermediate results 2009 | inter 2nd year results

0 comments Posted by Steve Benn at 9:25 AM

Hyderabad: The Board of Intermediate Education of Andhra Pradesh(BIEAP) is likely to announce the Intermediate Second Year - General & Vocational Examination Results 2009 on April 24, 2009.

Students can also get their results through Mobile Phones by sending the following SMS to '56263':
For Intermediate General Second Year:
SMS Result APGEN2 to 56263
For Intermediate Vocational Second Year:
SMS Result APVOC2 to 56263
The results of the Intermediate First Year - General and Vocational courses was declared on Friday, April 17, 2009.
A total of 8,01,728 students appeared for the First Year General Examination and a total of 57,515 students appeared for the First Year Vocational Examination.

I am sure all of you are waiting for the results and are looking for places from where you can get slightest of the information about the same. Here is a list of all the places from where you can get the information.

http://www.indiaresults.com

http://results.sify.com

http://www.aarvy.com

http://www.examresults.net

http://www.icqresults.com

http://www.manabadi.co.in

http://www.myguruonline.net

http://results2.ap.nic.in

http://www.manabadi.com

http://results.sol.net.in/inter

Good luck to all of you. I am sure you’ll come out with flying colors.

Tuesday, April 21, 2009

TCS FY09 revenues at record $6b; up 23% Y-o-Y

0 comments Posted by Steve Benn at 7:33 AM

Key Highlights:

Record Operating Profits at $1.43 B; up 11.7%
Net Profit at $ 1.12 B; down 10.1%
Board of Directors recommend 1:1 bonus share issue

Read more

Tata CEO says to focus on cost-cutting

0 comments Posted by Steve Benn at 7:32 AM

Tata Consultancy Services (TCS), India's largest IT outsourcing firm, said on Tuesday that price competition will force it to focus on cost reductions in coming years.

Even though competition is intensifying as customers seek cost reductions, Tata's earnings in fiscal 2010 should be higher than the year earlier, Chief Executive S. Ramadorai told Reuters in a telephone interview after Tata announced profits that fell short of expectations.

"I would like to see a 10 percent year-on-year improvement" in cost reduction, he said.
Tata Consultancy Services Ltd posted a 4.6 percent rise in quarterly profit, but it expects prices to fall by lower single digits in the coming year.

Monday, April 13, 2009

Tech Mahindra wins bid for Satyam at Rs58/share

0 comments Posted by Steve Benn at 12:30 AM

Tech Mahindra won the bid for Satyam Computer Services Ltd o Monday. The company snared in India’s biggest corporate scandal, announced the winning bidder for a controlling stake at Rs58/share.

The government-appointed board started a meeting at 9:00am in Mumbai to unveil the buyer for a 51% stake in the outsourcing company.

Indian engineering and construction firm Larsen and Toubro, which owns 12% stake in Satyam was also in the race and had bid at Rs49.50/share.

Read More about this

Saturday, April 4, 2009

India to seek additional assistance of $5.2 bn from the World Bank for its financial sector and infrastructure projects

0 comments Posted by Steve Benn at 1:12 AM

Assured a greater say into the affairs of multilateral lending institutions, India will seek additional assistance of $5.2 bn from the World Bank for its financial sector and infrastructure projects, officials said.

The main component of this assistance is for recapitalisation of state-owned commercial banks over the next two to three years, Indian officials here said.

The rest of the amount is for infrastructure finance companies and power grid corporations.

India normally gets assistance worth $ 3 bn from the World Bank annually of which half is given in concessional form.

Read more on this article

Source: CNN-IBN

US markets end with marginal gains

0 comments Posted by Steve Benn at 1:10 AM

US markets closed the week on a positive note. The Dow posts its biggest four week gain in 75 years.
But more news on the economic front: the March unemployment rate jumped to the highest level since 1983. The economy lost 663,000 jobs; posting a jobless rate of 8.5%, treasuries slumped after the jobs report was better than economists' forecast. The benchmark 10-year note yields rose to 2.89%
The ISM (Institute for Supply Management) non-manufacturing index dropped to 40.8 in March versus 41.6 that we saw in February.

Source: Moneycontrol