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Infosys beats street predictions, posts 17% rise in Q1 net

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Sensex bellwether Infosys Technologies beat street estimates to post a modest profit growth for the June quarter over a year ago, but a strengthening rupee prompted the company to pare its rupee forecast for the full year-ahead.

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Zylog net drops 33%

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Chennai, July 5 Zylog Systems Ltd reported a 33-per cent drop in net profit to Rs 12 crore for the fourth quarter ended March 31, 2009 compared with Rs 18 crore for the corresponding period last year and Rs 21 crore for the preceding quarter.

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Saksoft net surges

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Chennai, July 5 Saksoft Ltd, the Chennai-based information technology service provider, aims to double its revenue to around Rs 250 crore in the next three years. It expects to an employee strength of around 1000 from the present, according to

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