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Apollo Group to invest Rs 1,800 crore
Hospital chain Apollo Group would be investing up to Rs 1,800 crore over the next two years as part of its plan to add 2,000 beds to its inventory, besides expanding its existing facilities.

Cognizant on recruitment drive
The US-software major Cognizant Technology Solutions today offered job offers for 700 students from Anna University. Last year the company offered 1,000 jobs and 500 a year before.

News of the day

Eight of top-10 firms lose Rs 85,000 cr in m-cap
Eight out of the 10-most valued firms saw their market capitalisation (m-cap) tumble by as much as Rs 85,000 crore till date in 2010, as the stock markets witnessed a down-slide.
Corporate

Wipro rises 2%

The Wipro scrip rose two per cent amid falling market to Rs 604.15 after the net profit of the company rose 19 per cent to Rs 1,162 crore in the second quarter of the current financial year, as compared to the same quarter a year ago. - Wipro Q2 consolidated net up 19% at Rs 1,161 cr - S&P assigns "BBB" to Wipro on better financial health - FIIs raise holding in frontline IT stocks - Marico rises 3.8% - Wipro bags 10-year contract for Delhi airport - Indian cities still hot for outsourcing The company beat market forecast as it won new outsourcing contracts and the pressure on fees eased.


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