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TCS net profit rises 7 percent in FY09 Q1, warns of "difficult" times ahead
India's top software services and consulting firm, Tata Consultancy Services (TCS) has reported a 7 percent rise in net profit for the fiscal quarter ended June 30, 2008, in line with market expectations, even as it gave a grim warning of slowdown in outsourcing business prospects due to existing turmoil in the global financial market.
17 Jul 2008 |
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Continental AG set to expand in India, faces hostile takeover in Germany
German automotive components manufacturer Continental AG is expanding its Indian operations by launching an electronic parts manufacturing facility and an R&D center in Electronic City near Bangalore while back home, it is battling against a hostile takeover move made by smaller rival Schaeffler Group.
16 Jul 2008 |
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TCS to invest over $1 billion on business expansion
India's top IT consultant and software exporter, Tata Consultancy Services (TCS) said it has set aside Rs.4467 crore ($1.1 billion) for expanding its business during the current fiscal year.
03 Jul 2008 |
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Tata Motors bets on Nano, JLR in a "daunting" year
Tata Motors, the automotive arm of the Tata Group, sees the present fiscal year as a "daunting challenge" due to slowing sales and high input costs but is banking on its ultra low-cost car, Nano, and Jaguar and Land Rover acquisition (JLR) to lift its market share.
02 Jul 2008 |
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