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India’s Second Largest Software Company Disappoints Markets

India’s Second Largest Software Company Disappoints Markets

Once again, the second largest software company of India, Infosys has delivered disappointing results, thereby failing to meet market expectations. The Company reported 32.92% growth in its consolidated net profit and gained Rs 2,289 crore during first financial quarter that ended on June 30, 2012. Though revenue of the company is in line at Rs 9,616 crore, market analysts were expecting company to post a net profit of around Rs 2,450 crore.

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The Chinese Economy: On the verge of a Slowdown?

The Chinese Economy: On the verge of a Slowdown?

China is the world's second largest economy after United States of America which grew at a very slow pace in the last quarter of 2011, slowest pace in the last two years. The rate of growth for the entire economy has fallen from 10.4% in 2010 to 9.2% in 2011. Chinese economy, which has an export led growth, has been deteriorating due to slowdown of demand from both US and European Union. As European Union is one of the largest trading partners of China, a slowdown in the EU has caused a slowdown in the domestic expansion of the economy. But it is expected that the domestic demand may help the economy to rebalance. Most of the growth of the Chinese economy at present is being created by domestic consumption and investment.

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Automate Payroll Process - Get Payroll Software

Automate Payroll Process - Get Payroll Software

Are you one of the innumerable employers and accountants who are haunted by the pay-day? And it is not because you don't have money to give salaries, but because of endless calculations and timeless efforts that come with it? Now, you can heave a sigh of relief because it is possible to automate your payroll process too. With technology gaining foothold in businesses, you can come across many companies offering payroll software like sage payroll software. No matter how big or small your business is, payroll software has become a must for speedy and accurate salary calculations.

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Sovereign Debt crisis – The Survival of a single currency

Sovereign Debt crisis – The Survival of a single currency

In early 2010, fears of sovereign debt crisis developed in some countries concerning: Portugal, Italy, Ireland, Greece and Spain (sardonically known as PIGS). The sovereign debt crisis started in the eurozone in late 2009 when the socialist government revealed that the predecessor government had understated the level of fiscal deficit for Greece. But the criticisms have not supported this argument; they have stated that the fiscal adjustment imposed on Greece merely has postponed an unavoidable restructuring of its sovereign debt due to which the levels of public debt has reached skyrocketing levels.

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Market and Business Summary of Year 2011

Market and Business Summary of Year 2011

Although you can't infer it by looking at mere figures and data, the year 2011 was a period of extremes. It appears that stock markets have settled at the same point, where they have started. But that is truly deceiving. Stocks have shown strong waving phase and despite the beginning and ending points are very close, indices baffled even most proficient and vigilant investors over the year. What made markets last year so much unpredictable and demanding is the simple financial theory, do A if B happens, but the rule didn't always work out.

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