India’s largest IT services provider, Tata Consultancy Services, posted a 50.1 per cent jump in its net profit (consolidated Indian GAAP) at Rs 2,001 crore for the quarter ended March 31, 2010 as compared to the same period a year ago.
TCS Q4 net up 50 pc at Rs 2,001 cr ; FY’10 profit at Rs 7,000 cr
US Investors turned to safety assets like Dollar and dumped Stocks as economists wary about economic recovery in the US.
The Dow Jones Index ended down 104.14, or 1 percent, at 10,285.97 after being down as much as 140 points. It was the biggest point and percentage loss for the Dow since Nov. 27 and erased its gain for December.
Gold also slipped 0.59% and closed at $1136.
Most of the Asian markets also in the red today. At 10:00 am National stock exchange index NSE Nifty at 5126 down 0.42%.
