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The IT major posted a net profit of Rs 194.88 crore for the first quarer ended September 30, against standalone profit of Rs 300.75 in the same quarter last year.

 
 
The IT bellwether reports 13.15 per cent growth in consolidated net profit at Rs 1,737 crore for the second quarter ended September 30.
Indian Software firms are expected to post higher profits in the just concluded quarter led by robust volumes, particularly in terms of the US dollar.
The survey saw auditing majors KPMG, Ernst and Young, PricewaterhouseCoopers and Deloitte coming in at the second, third, fourth and fifth position, respectively.
Following the agreement, over 600 SUPERVALU India stores will become a part of the IT major, TCS said in a filing to the Bombay Stock Exchange.
Infosys, TCS and Wipro hired over 20,000 employees in the January-March quarter, with improving business conditions propelling their recruitment plans.
 
 
The company has attributed its good quarter earnings to robust performance of BRIC countries, as well as strength in hardware, software and services businesses.
The chip maker has posted a jump of 18 per cent in revenue to touch a record $11.1 billion for the three months period ended September 25.
The France-based global IT service provider manages more than 70 clients and has 5,000 people employed globally for its business information management line.
Telecom major Bharti Airtel says it has selected global technology giant IBM to manage computing technology and services for its African business.
The company also plans to set up a manufacturing plant at a potential investment of up to $50 million, the location for which is yet to be decided.
After a tough year, IT companies return for engineering talent. PSUs continue strong.
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