Apr 15, 2009

Infosys 2008-2009 4th Qtr results - announced

Infosys informed the market that it has come out with its 2008-2009 q4 results , The verdict is it had net profit declined by 1.7 percent to Rs 1613 crore in Q4 March 2009 compared to Q3 December 2008. Sales as declined 2.6 percent to Rs 5635 crore in Q4 March 2009 over Q3 December 2008.One thing to note is Infosys' numbers included tax reversal of Rs 108 crore for FY09 and Rs 15 crore for Q4.

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Apr 13, 2009

Tech Mahindra Wins the Bid for Satyam Computers

Tech Mahindra wins the BID for Satyam Computers and the bid was for 58 rs , So they will paying 1757 crores for 31 percent holding from Satyam and they would be paying 2890 crore to acquire 51 percent stake in satyam .It heard that Larsen toubro bidded for only 49 rs.

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