apple-iphone-5

Apple iPhone 5 Tops 5 Million, But Shares Fall Amid Supply Constraints

Apple posted record sales of its latest iPhone 5, selling over five million units in the first three days since its availability in stores. But analysts claimed that what seemed to be blockbuster sales for the tech firm was instead a lower-than-expected figure that sent the company's shares tumbling. Sep 25, 2012
infosys

Infosys to Buy SAP Firm Lodestone for ₹19.32 bln

Indian multinational software provider Infosys on Monday announced its plans to acquire Zurich-based Lodestone Holding AG for CHF 330 million ($350 million), in a move that would make the outsourcing powerhouse one of the key players in the global SAP business. Sep 10, 2012
manmohan-singh

Expert Panel Proposes Deferment of GAAR till 2016

An advisory panel on General Anti Avoidance Rules (GAAR) set up Prime Minister Manmohan Singh recommended the postponement of the controversial prevention of tax evasion rule to be put off until 2016-17, in a move that will ease foreign investor worries about investing in India. Sep 2, 2012
apple-iphone-5

Apple iPhone 5 Could Break Record; Release Date and Projected Price in India

Even as the buzz around the most-anticipated next-generation smartphone of the year - iPhone 5 - is getting louder by the day with its expected release date drawing closer, FBR Capital analyst Craig Berger has created a new wave of hysteria by claiming that the Apple's flagship smartphone could break records in terms of sales. Aug 21, 2012
microsoft

Microsoft Fourth Quarter 2012 Results: Posts Net Loss of $492 Million

Microsoft Corp. on Thursday reported a net loss of $492 million for the quarter ended June 30, 2012. It is the first loss for the company ever since it went public in 1986. Microsoft fourth quarter 2012 results that were announced on Thursday posted a revenue of $18.06 billion. Jul 20, 2012