Infosys cheers markets & IT, but IIP disappoints

THE ECONOMIC TIMES Fri, Oct 11, 2013 | 06:33 PM IST Daily Newsletter

Infosys Q2 PAT at Rs 2,407 cr; ups FY14 guidance Infosys revised its dollar revenue guidance upwards to 9-10% for FY 14. It also revised rupee revenue guidance to 21-... August IIP at 0.6% versus 2.75% in July The Indian economy has been caught in a situation which some analysts define as akin to stagflation for the past thre... IT sector on the cusp of unprecedented growth Experts say the IT sector looks promising and advise investors to stay put given the future the sector has in store f... Fasting TDP chief Chandrababu Naidu evicted, moved to RML hospital As part of TDP's protests against the formation of Telangana state, Naidu has been fasting in the Bhavan for the past...

FEATURED STORIES ET View: Infosys sees good Q2 results, well done Shibulal! The credit for steadying Infosys belongs to chief executive S D Shibulal who reoriented the company about a year ago ... read more Tendulkar: The man who turned stones into milestones »  How Houten is transforming the 122-year-old Philips »

Popular Stories With $160 mn fresh funding, Flipkart's $1.5-bn valuation comparable to P&G India, Tata Global Beverages Special 26 rerun at KPMG: Job aspirants across India taken for a ride Jet-Etihad: Inside look at the breakups and makeups of the successful deal Alarming rise of behavioural problems in toddlers as parents get away for work

We need to remain cautious. Our guidance, is a statement of facts. ... SD Shibulal ,CEO and MD,Infosys

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Market Watch 11 Oct | 06:33PM SENSEX 20528.59 â†' 255.68 NIFTY 6096.20 â†' 75.25 USD/INR 61.79 â†" -0.02 GOLD (Rs/10g.) 28439.00 â†" -418.00

MARKET NEWS Infosys closes 5% up: Time to exit and move to TCS? Considering the fact that Infosys has rallied, does it make sense to book profits in the software exporter and look a... Sensex rises for fourth day; up 256 pts on Infosys results After making a firm start at 20,559.69, the 30-share index fell to a low of 20,434.51 before settling 255.68 or 1.26 ...

Gainers Losers 11 Oct, 2013, 06:33PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Yantra Natural Resources Ltd. 0.06 20.00 3946883 0.06 0.04 Indosolar Ltd. 3.00 20.00 179233 3.00 2.75 Tantia Constructions Ltd. 14.17 19.98 169987 14.17 12.35

FEATURED SLIDESHOW 12 must-know facts about India's mission to Mars Down memory lane: Sachin's journey & milestones... Arundhati Bhattacharya: SBI gets its first woman chair in 206 years 5 ways to avoid impulsive shopping & be prudent more slideshows

FROM THE NEWSPAPER Special 26 rerun at KPMG: Imposters dupe job seekers Impostors posing as KPMG managers interviewed and hired job aspirants. They even asked the candidates to report to th... Sachin's last test: Brands look to exploit the buzz Sachin's retirement has come as a huge opportunity for brands that were in search of a high-visibility platform to pu... Walmart egg on face, govt may serve Tesco omelette A Tesco spokesperson told ET, “We are excited about the India opportunity and await policy clarity before we can take... Should India launch Tandoori, Peacock or Tiger bonds? The International Finance Corporation (IFC) launched India's first offshore rupee bond issue, which looks to raise $1... Raj Jain: The quiet strategist in the Mittal camp Raj Jain is popular because he is a good strategist, calm in nature and, most importantly, has excellent people-manag...

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