Fuelled by continued outsourcing boom and depreciation of the Rupee Infosys beats market expectations
Media Release
Jul. 12, 2006

Fuelled by continued outsourcing boom and depreciation of the Rupee, software major Infosys today reported a robust 49.2 per cent rise in net profit at Rs 794 crore for the quarter ended June 30, 2006, against the corresponding period of the last fiscal.

Beating market expectations, Nasdaq-listed India's second largest software exporter reported revenue growth of 45.6 per cent at Rs 3,015 crore, with Q1 revenues growing sequentially by 15 per cent compared to Q4 of last financial year.

Fuelled by continued outsourcing boom and depreciation of the Rupee Infosys beats market expectations
Media Release
Fuelled by continued outsourcing boom and depreciation of the Rupee, software major Infosys today reported a robust 49.2 per cent rise in net profit at Rs 794 crore for the quarter ended June 30, 2006...
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Japan on Monday said India would be the next area of focus for its investments but highlighted the importance of an EPA (Economic Partnership Agreement)
Media Release
There is an urgent need to begin talks on EPA and FTA between Japan and India, who can share expertise and know-how on a host of issues...
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Leading software services company Satyam Computer Services signed an agreement with Swedish content management and portal software firm, EPiServer
Media Release
The partnership will enhance Satyam's ability to implement, maintain, and provide training services for EPiServer-based solutions.
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INSAT 4C and Agni III failure - India needs its engineering talents back from Western outsourcing farse
Harish Baliga
Give India back its technology talents. They do not belong to MBA schools and outsourcing call center.
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Agni III and INSAT 4C failure - instead of diverting all talents to outsourcing projects of the West India should focus on enginnering and technology
Suresh Oberois
It is a good lesson for the Indian Government thinking only about foreign exchange earnings and foreign direct inverstment from outsourcing.
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The outsourcing documentary Nalini by day, Nancy by Night a hit in US
Media Release
Notwithstanding their anti-outsourcing sentiments, a documentary on Indian BPOs Nalini by day, Nancy by Night is making waves across the US and was a sold-out show at the Black Maria, an Academy Award qualifying film festival.
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Leading water tank maker, Patton announced investment of Rs 600 million (US$13 million) to set up an export oriented unit at the Falta Special Economic Zone (SEZ)
Media Release
Total export from the multi-product Falta SEZ during 2005-06 was Rs 5.25 billion.
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A silent but steady collapse and exit in Indian outsourcing sector
Harish Baliga
India is too costly, difficult to deal with, politically incorrect and just unproductive for the money....
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