It seems TCS has not felt the pinch of recession as it is offering bonus issue during recession in a ratio of 1:1.
This is the second bonus issue by the company since it went public five years ago. It had announced a similar bonus in 2006.
Bearing the brunt of global slowdown, TCS battled price re-negotiations [...]
TCS bonus issue 1:1
Top 500 US firms’ profits plunge 85% in 2008
Fortune magazine reported that Top 500 US companies have witnessed 85% fall in profits in half decade.
This is one major proof that recession is still intact and no one knows when it will end ?
Earnings dropped 84.7 per cent from the previous year, from 645 billion dollars to 98.9 billion dollars, marking the largest one-year [...]
All on Long term Investing and How to identify Multibaggers ?
When some one says Long term investment the first thing to come in mind is Patience.
Do you know an investment of Rs. 10,000 in Wipro in 1979 would be worth more than 200 Cr. today. Believe it or not but this is the fact.
So all of you all may be searching for another Wipro. But [...]
Recession effect on Intel – Profits dips 55%.
Computer-chip giant Intel reported a 55-per cent drop in first-quarter income Tuesday but said that it believed sales had bottomed out and that business was returning to normal.
The projection was significant because Intel’s chips power the vast majority of personal computers, and the company’s performance is often seen as a reliable predictor of the health [...]
