exporter's

BANGALORE -- Wipro Technologies , the global IT business of India's Wipro Ltd., warned that the political unrest in the Middle East could nip the rebound in global demand for outsourcing technology services, casting a cloud over the software exporter's steps to turn around its fortunes by the end of 2011.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

The economic worries of the U.S. haven't hurt the Indian software services exporter's business so far and that reflects in the size of the deals the company is chasing, Lakshmanan Chidambaram, head of the Americas business at Satyam, said recently.

Satyam Expects North America Sales to Grow Dhanya Ann Thoppil 2011

NEW DELHI – India's HCL Technologies Ltd. said Wednesday it is cooperating with the London Metropolitan Police in their investigation into the recent alleged phone-hacking scandal at News International Ltd., one of the software exporter's clients.

HCL Says Cooperating With Police in News Corp Probe R. Jai Krishna 2011

In the October-December period, the software exporter's consolidated net profit rose to 5.73 billion rupees $111.4 million, compared with 4.00 billion rupees a year earlier, according to U.S. accounting standards.

HCL Technologies Profit Surges 43% Dhanya Ann Thoppil 2012

BANGALORE -- HCL Technologies Ltd. plans to hire more than 1,000 staff locally across the U.S. over the next 18 months, reflecting the Indian software exporter's renewed faith in its main outsourcing market, despite economic uncertainties.

HCL Plans to Hire Staff in U.S. Dhanya Ann Thoppil 2011

Infosys received a U.S. subpoena seeking sponsorship details about U.S. visas meant for short business visits by the Indian software exporter's employees.

What's News 2011

BANGALORE -- Satyam Computer Services Ltd. said Friday it agreed to acquire an about 15% stake in Dion Global Solutions Ltd., marking the software exporter's first acquisition since it started recovering form one of India's worst ever corporate fraud.

Satyam to Acquire 15% Stake in Dion Global Dhanya Ann Thoppil 2012

BANGALORE --The board of India's MphasiS has considered buying back up to $65 million worth of shares from the open market as part of the software exporter's plans to utilize its $422 million of cash reserves, but is yet to make a decision.

MphasiS Explores Ways to Spend Cash Reserves Dhanya Ann Thoppil of Dow Jones Newswires 2011

Based on U.S. accounting standards, the software exporter's consolidated net profit for the July-September period was 4.97 billion rupees $101.6 million, compared with 3.31 billion rupees a year earlier.

HCL Technologies Profit Jumps 50% Dhanya Ann Thoppil 2011

Balakrishnan said he doesn't expect any impact on business from the recent events in Japan as the country forms just 1% of the software exporter's overall revenue.

Infosys, TCS Staff Offered to Leave Japan Dhanya Ann Thoppil 2011