Infosys forecasts $4 billion revenues this fiscal
Infosys Technologies Ltd on Friday said that its revenues were expected to grow 22.6-24.6 per cent in 2007-08 and reach $4 billion.
In its guidance, the Nasdaq-listed software major said its revenues were expected to be in the range of Rs 17,038- 17,308 crore, a year-on-year growth of 22.6-24.6 per cent.
"Our revenues are expected to grow to $4 billion next fiscal (2007-08)'', Chief Operating Officer, President and Joint Managing Director S Gopalakrishnan said.
"Our continuous investments in brand, infrastructure, technology, people, intellectual capital and service offerings have positioned us well to take full advantage of the continued globalisation of services,'' he said.
Friday, April 13, 2007
Wednesday, April 11, 2007
Reliance Capital enters retail broking space
Reliance Capital today announced its foray into the brokerage business through Reliance Money, which will offer 'fixed' flat fee structure.
According to company it is offerng the cheapest rate of brokerage in the country.
The other main players in the retail brokerage business right now are ICICI Direct, Kotak Securities, Indiabulls Financial Services, India Infoline, Sharekhan and Motilal Oswal Securities
Reliance Money, promoted by Anil Dhirubhai Ambani Group firm Reliance Capital, would offer the brokerage services across 700 cities including Delhi and Mumbai through 3,000 outlets.
Investors would need to pay brokerage at the rate of 0.05 per cent for delivery trades and 0.005 per cent for non-delivery trades (fixed fee of Rs 500 for delivery trades up to Rs 10 lakh and/or non-delivery trades up to Rs 1 crore), the company said.
Following is the Web site of the company offering online trade and other information
http://www.reliancemoney.com/
Industry rates vary between 0.4 per cent to 0.85 per cent for delivery trades and between 0.05 per cent and 0.10 per cent for non-delivery trades, it added.
Reliance Money consumers can trade in equities, commodities and offshore investments, IPOs, mutual funds besides insurance, money transfer and money changing - all through single window, both off-line and online.
So any body who is looking for lesser brokerge can surely open an account with it and avail the facilities being offered.
Reliance Capital today announced its foray into the brokerage business through Reliance Money, which will offer 'fixed' flat fee structure.
According to company it is offerng the cheapest rate of brokerage in the country.
The other main players in the retail brokerage business right now are ICICI Direct, Kotak Securities, Indiabulls Financial Services, India Infoline, Sharekhan and Motilal Oswal Securities
Reliance Money, promoted by Anil Dhirubhai Ambani Group firm Reliance Capital, would offer the brokerage services across 700 cities including Delhi and Mumbai through 3,000 outlets.
Investors would need to pay brokerage at the rate of 0.05 per cent for delivery trades and 0.005 per cent for non-delivery trades (fixed fee of Rs 500 for delivery trades up to Rs 10 lakh and/or non-delivery trades up to Rs 1 crore), the company said.
Following is the Web site of the company offering online trade and other information
http://www.reliancemoney.com/
Industry rates vary between 0.4 per cent to 0.85 per cent for delivery trades and between 0.05 per cent and 0.10 per cent for non-delivery trades, it added.
Reliance Money consumers can trade in equities, commodities and offshore investments, IPOs, mutual funds besides insurance, money transfer and money changing - all through single window, both off-line and online.
So any body who is looking for lesser brokerge can surely open an account with it and avail the facilities being offered.
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