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India's Satyam Computer first quarter net profit climbs 86.3 percent
Bangalore, India (AFP) Jul 21, 2006 India's fourth-biggest software exporter, Satyam Computer, said Friday its net profit jumped 86.3 percent, beating market forecasts, as the firm won more clients in an outsourcing boom. Net profit of Satyam, based in the southern city of Hyderabad, hit 3.5 billion rupees (78 million dollars) for the three months to June on revenues which climbed 36.9 percent to 14.4 billion rupees, the company said. New York-listed Satyam's profit beat analysts' forecasts of around 2.93 billion rupees while revenues eclipsed expectations of 13.96 billion rupees. Satyam said in a statement it added 34 new clients during the first quarter. Community Email This Article Comment On This Article Related Links All about the technology of space and more
Seven injured in storms in Germany
Berlin (AFP) Jul 23, 2006 Seven people were injured overnight Saturday when a tornado hit Karlsruhe in southwestern Germany and heavy summer storms lashed the country's Bavaria region, local authorities said Sunday. |
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