Profit

Profit This Week: Infosys Q4 nos disappoints markets, IIP hurts recovery hopes

PUBLISHED ON: April 14, 2012 | Duration: 25 min, 48 sec

   
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Infosys Q4 profits fell marginally but FY13 revenue guidance implied growth of a much lower than expected 8-10 per cent. India's index of industrial output grew at sluggish 4.1 per cent in February. Indraprastha gas moved the Delhi high court on the gas tariff hike matter. Cabinet has cleared a presidential reference on 2G licenses case. The Supreme Court has asked SEBI to consider afresh a plea by multi-commodity MCX Stock Exchange (MCX-SX) to launch an equity trading platform like the BSE or the NSE. iGate has accepted the Patni delisting price and will offer Rs 520 per share.
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