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Showing posts with the label Satyam Computer Services
Satyam, Infosys in pursuit of large railway deals (The Hindu Business Line 26th Feb 2008)Welcoming the Railway Budget presented today, IT services provider Satyam Computer said that it was in pursuit of at least four Rs 1,000 crore to Rs,2,000 crore technology outsourcing deals in the Indian Railways. Mr Ranjan Tayal, India-Head, Satyam Computer, said the company was in talks with the Indian Railways for such large IT outsourcing deals. They include asset management services, enterprise resource planning (ERP), RFID (radio frequency identification) and commercial portals. In a statement, he said the Railway Ministry was looking at information technology as a strategic tool where IT partners need to engage not just at the service but at the solution level. The scope of work now goes beyond just implementing IT frameworks. It involves also post-deployment services such as enterprise-wide roll-out and maintenance through call centres for internal and external touch points. Some of these d...

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Satyam Q3 net up 28.58% at Rs 433.63 crore (The Hindu Business Line 21th Jan 2008) IT major Satyam Computer Services Ltd on Monday posted an increase of 28.58 per cent in its net profit at Rs 433.63 crore for the third quarter ended December 31, 2007, against Rs 337.23 in the corresponding quarter of 2006. Total income of the group rose 35.58 per cent at Rs 2266.05 crore for the quarter under review, compared to Rs 1671.29 crore in the same period last year, Satyam said in a filing to the Bombay Stock Exchange. The standalone profit of the firm increased 28.45 per cent at Rs 441 crore for Q3 FY-08, against Rs 343.30 crore in the same quarter previous year. Glenmark consolidated Q3 net soars 48% at Rs 280 crore (The Hindu Business Line 21th Jan 2008)Glenmark Pharmaceuticals Ltd on Monday reported a 48.17 per cent jump in consolidated profit for the quarter ended December 31, 2007 at Rs 280.02 crore compared to Rs 188.98 crore for the same period last year. Consolidated revenue rose by...