Archive for January, 2010

Results Review First Cut on Infosys Technologies Q3 results by Religare Hichens Harrison

 Hyderabad: Market research and brokerage firm Religare Hichens Harrison has issued a first cut note on Infosys Technologies Ltd’s Oct-Dec quarter resulrts for the financial year 2009-10. The Religare Hichens Harrison has rated the stock with BUY, with a target price of Rs.3,080 against the current market price of Rs.2,490. Here is the first cut [...]


Infosys Technologies Business Outlook for FY10, q3 Results update

Business outlook announced by Infosys for 2009-10 full year end March.:
The company’s outlook (consolidated) for the quarter ending March 31, 2010 and for the fiscal year ending March 31, 2010, under Indian GAAP and International Financial Reporting Standards (IFRS) is as follows:
Outlook under Indian GAAP – consolidated*
Quarter ending March 31, 2010
• Income is expected to [...]


Infosys Technologies Results for the Quarter Ended December 31, 2009 Third Quarter Q3 results

Hyderabad: Technology major Infosys Technologies Ltd today announced its third quarter results (Oct-Dec) for the financial year 2009-10. Highlights of the results:
Q3 revenues sequentially grew by 2.8%
Consolidated results for the quarter ended December 31, 2009
• Income was Rs. 5,741 crore for the quarter ended December 31, 2009; QoQ growth was 2.8%; YoY decline was 0.8%
• [...]


ICICI Bank to fund up to 85 per cent to buy Harley-Davidson bikes

Hyderabad, January 7: Harley-Davidson India and ICICI Bank have signed a pact to extend banking and financial services to Harley-Davidson India for the operations of its business in India. This memorandum was signed by Anoop Prakash, Managing Director, Harley-Davidson India and Vijay Chandok, Senior General Manager, ICICI Bank at the 10th Auto Expo in New [...]


ICICIdirect launches online trading platform for Independent Financial Advisors

Hyderabad, January 6: Broking services arm of ICICI Bank Ltd ICICI direct today announced the launch of its online platform dedicated exclusively for the Independent Financial Advisors (IFAs). Launched under the ICICIdirect.com banner, the new platform is a cost-effective opportunity for IFAs to service their customers.
An AMFI certified IFA with a minimum of a year’s [...]