Indian IT faces tough times even as HCL Tech reports stellar numbers

THE ECONOMIC TIMES Wed, Apr 17, 2013 | 04:38 PM IST Daily Newsletter

Railways attempt to match airlines; to offer personalised alerts Indian Railways plans to provide a slew of personalised services that can match airlines, including wake-up call, in collaboration with RailYatri.in. US firms seek stricter visa rules for Indian IT firms US-based cos are using their clout to push for visa rules which will make it costlier for firms like Infy, TCS, Wipro to send professionals on US assignments.

Story of The Day HCL Tech Q3 up 73%, affirms improving demand for IT The latest quarter has underlined that HCL Technologies and Tata Consultancy Services continue to be the growth leaders for the industry. read more

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Popular Stories Infosys' mammoth cash pile may attract global suitors Is influx of skilled immigrants good when US jobs growth not good enough? Gold expected to see modest rise after flash crash of 2013

Market Watch 17 Apr | 04:38PM SENSEX 18731.16↓-13.77 NIFTY 5688.70↓-0.25 USD/INR 53.99↓-0.16 GOLD (Rs/10g.) 25636.00↓-130.00

Latest Updates Gold rises; physical buyers emerge from lows Gold rose around one percent on Wednesday as the market's extraordinary slide to two year lows prompted more physical buying interest from Asia India's STC gets highest bid at $304/T India's State Trading Corp has received the highest bid at $304 per tonne from a global trader in its latest wheat export tender, trade sources said. FoxConn to pay MS royalties for Android devices Taiwan tech giant Hon Hai, parent company of FoxConn, will pay royalties to Microsoft to ward off a lawsuit over its production of devices. Mattel Inc quarterly results top estimates The company said on Wednesday that its net income rose to $38.5 million, or 11 cents a share, from $7.8 million, or 2 cents a share, a year earlier.

Gainers Losers 17 Apr, 2013, 04:38PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Anjani Portland Cement Ltd. 24.00 20.00 10 24.00 18.15 Shimoga Technologies Ltd. 0.06 20.00 131 0.06 0.04 Autoline Industries Ltd. 111.00 20.00 719982 111.00 93.50 P G Foils Ltd. 38.45 19.97 5461 38.45 36.00 BDH Industries Ltd. 15.03 19.95 1180 15.03 15.03

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