Microsoft may lay off more if situation worsens- Ballmer
Microsoft, the US-based software giant said if the economic downturn worsens again, then it may layoff more people globally. Last week, the company laid off 55 employs in India as part of its global layoff.

Steve Ballmer, chief executive, Microsoft said: “We will be laying off 5000 people. We are almost through with the process globally. If the economic situation remains the same...

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Election, a Non-event

Ignore the election noise. Stay focused on company earnings and global economic trends

Yet another general election is upon us. According to a few broker reports, the elections’ outcome is extremely crucial to the stock market. In fact, one brokerage report says that election results are the second most important factor after global trends. Given today’s circumstances, I believe that the...

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DLF full year net profit falls 41%; May face additional tax liability of Rs 300 to Rs 400 cr
DLF Ltd., the country's largest real estate company reported a fall of 41% in full year net profit citing lack of demand in all segments of real estate business both in residential and commercial and sale or leasing.

Separately, DLF said the special auditor of the income tax department has reassessed nearly Rs 1,200 crore of revenues of the company in financial year 2005-06 as...

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