Topic: Bangalore
India's Infosys reports Q3 drop in net profit
AFP South Asian Edition
<div><p>India's second largest software exporter, Infosys, posted Tuesday a smaller-than-expected 4.87 percent decline in consolidated net profit, thanks to fresh business from overseas clients.</p><p>Net profit for the Nasdaq-listed firm fell to 15.6 billion rupees ...
Investors seen jumping the gun on airport security
Reuters US Online Report Business News
<div><p>BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.</p><p>Shares of explosive-detection ...
3PAR shares jump on Barron's M&A comments
Reuters US Online Report Business News
<div><p>(Reuters) - Shares of 3PAR Inc &lt;PAR.N&gt; rose 15 percent Monday on a report in Barron's that the data storage company is setting itself up as an attractive takeover target for larger tech companies.</p><p ...
Compugen discovers cancer drug target, shares rise
Reuters US Online Report Business News
<div><p>(Reuters) - Compugen Ltd &lt;CGEN.O&gt; announced the discovery and experimental validation of a new drug target for the treatment of a type of cancer, sending its shares up as much as 41 percent in pre-market trade.</p>< ...
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