Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

HCL Infosystem profit falls 11% at Rs 59 cr

HCL Infosystems has seen its profit fall 10.77 per cent. The company has reported a profit of Rs 58.97 crore in the second quarter this financial year as compared to Rs 66.09 crore in the corresponding quarter last financial year.

M&A activity rebound likely in '10

Despite the fall in deal volumes on both the merger and acquisition (M&A) and private equity (PE) fronts during the fourth quarter ending December, investment managers expect the improving global and domestic macro-economic indices to revive consumption and services-led growth, in turn leading to higher fund inflows into key sectors. Telecom, pharma, FMCG, healthcare, IT/ITES and educational services are expected to attract strong capital fund raises in 2010.

Sun shines as Taro shareholders slam board re-election

In a major boost to India"s Sun Pharma, which is locked in a takeover battle with Taro, shareholders of the Israeli drug firm today rejected a proposal to re-elect directors.