Bangalore, July 23: Wipro Ltd posted net profit of Rs.13.19 billion (Rs.1,319 crore) for the first quarter (April-June) of this fiscal (2010-11), registering 31 percent year-on-year (YoY) growth.

In

Stockholm, July 23: Swedish telecommunications giant Ericsson Friday reported lower second-quarter sales and operating income due in part to "continued industry component shortages" and cautious inves

Mumbai, July 23: A benchmark index for Indian equities closed flat in lacklustre trade Friday.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,132.29 poin

Chennai, July 23 (IANS) Danish pump manufacturer Grundfos is planning to make India its global research and development (R&D) base, a top company official said Friday.

The $4.5 billion-turnover compa

New Delhi, July 23: State-run Bharat Heavy Electricals Limited (BHEL) registered a 41.84 percent rise in its net profit at Rs 667.66 crore on increased net sales in the first quarter of this fiscal as

Mumbai, July 23: India's largest private carrier Jet Airways today posted a net profit of Rs 3.52 crore for the first quarter ended June 30.

The airline had recorded a loss of Rs 225.33 crore in the

New York, July 23: Microsoft Corp's profit surged 48 per cent to USD 4.52 billion for the three months ended June, mainly boosted by strong sales of Windows 7 and Office 2010.

The software giant's go

New Delhi, July 23: Amid market turbulence and volatility, India's largest lender State Bank of India has raised USD 1 billion (about Rs 4,700 crore) through bonds from the US market, paving way for o

New Delhi, July 23: Glenmark Pharmaceuticals today said it has received health regulator's nod to market and distribute generic contraceptive pills, Norethindrone, in the US market.

The approval for

New Delhi, July 22: The Chairman of the Prime Minister's Economic Advisory Council (PMEAC), C Rangarajan, will brief the Prime Minister, Dr Manmohan Singh, on the state of the economy and the growth o