Infosys richer by Rs 15,857 cr
Software outsourcing major Infosys Technologies today said its cash and cash equivalents stood at Rs 15,857 crore at the end of fourth quarter, up 44.24 per cent over the corresponding period a year-ago.
Nokia unveils messaging phones
The world’s top cellphone maker Nokia unveiled three new, cheaper messaging phone models on Tuesday, challenging the dominance of RIM’s Blackberry in the mobile email market.
No H-1B visa frenzy yet!
The US received only 13,500 applications in the first week for H-1B visa, the most sought after work visa by Indian IT professionals, as against the mandated cap of 65,000 reflecting the poor employment market in that country.
Infosys to hire 30K in FY11
Infosys Technologies, India’s No.2 software services exporter, forecast stronger-than-expected annual revenue growth of 16-18 percent, noting that a pick-up in global technology spending was improving demand for outsourcing.