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IT firms Q1 net seen up, prospects cloudy

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    • Reuters Tags : IT, software companies, profits Posted: Wednesday, Jul 08, 2009 at 1703 hrs
    Infosys
    India's top software services companies are likely to report a rise in quarterly profits

    The competition is expected to intensify after smaller local rival Tech Mahindra acquired Satyam Computer Services, renamed as Mahindra Satyam, in an auction in April.

    Shares in Infosys, valued in the market at about $21 billion, rose 34 per cent in April-June and Tata Consultancy gained 44 per cent, compared to a 44 per cent advance in the sector index and 49 per cent in the main index.

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    Same Reporter across the news paper or sharing the news?By: AKS | 09-Jul-2009 Reply | Forward Is that every news paper is using same reporter reporting ..exact same wording i read in times of india abt this story and same is here ...strange ...
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