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Wipro dropped nearly 4%, to Rs 465.65 even as the company reported a 44% growth in net profit for Q1 June 2006.
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Sensex Recovers Slightly After Trailing 152 pts
User Rating: / 0
Written by Tyler_Ross   
Thursday, 12 April 2007
As equities, chasing forceless worldwide markets, broke down on the chief Indian securities market this morning, the benchmark indicants Sensex and the Nifty dipped to 13,030.87 and 3811.25, dropping off more than 150 points and 50 points correspondingly.

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PARI Collaborates With Robotics India For Auto Assembly Solutions
User Rating: / 2
Written by Adiban_Maran   
Thursday, 12 April 2007
Precision Automation and Robotics India (PARI) has signed up partnership deal with Cinetic Assembly, France in order to expand, produce, and offer resolutions for automotive assemblage, which comprises overhead channeling & electrified monorail systems (EMS) system solutions in India.

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Citigroup To Lay-Off 17,000 Jobs
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Written by Kaiden_Regal   
Thursday, 12 April 2007
Citigroup annunciated its recent plans to cut down 17,000 jobs abroad by over fifty percent. The recent cut will shrink its 327,000-strong personnel by 5%.

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