Brooks Laboratories Limited IPO Allotment status - Enter your application number to check the allotment status, Listing Date of the IPO

Brooks Laboratories Limited IPO Allotment status - Enter your application number to check the allotment status, Listing Date of the IPO

Incorporated in 2002, Brooks Laboratories Ltd is in the business of Pharmaceutical Contract Research & Manufacturing. Company manufactures wide range of products catering to critical care segment in Parental Section like Beta Lactam, Cephalosporin & General Dry powder Injectables, Ampoules and Liquid vials, Dry Syrups and Tablets etc.

Listing Date : Monday 5th September 2011

TO CHECK YOUR ALLOTMENT STATUS FOR BROOKS LABORATORIES LIMITED.

SBI Life - Money Back : Introduction, Key Features, Plan Options, Premium, Sum Assured, Benefits, Tax Benefit, More Information

SBI Life - Money Back : Introduction, Key Features, Plan Options, Premium, Sum Assured, Benefits, Tax Benefit, More Information

Introduction:

SBI Life – Money Back is a traditional participating savings plan with added advantage of life cover and cash inflow at regular intervals. In order to meet your various financial obligations at crucial junctures, it offers a wide range of terms options with regular payments of Guaranteed Survival benefits made at different durations during the policy term.

Key Features:

•The plan has a number of money back options specially suited to your needs.

•The cover is available at competitive premium rates.

•It has guaranteed cash inflows which can meet your various financial obligations.

•In addition to normal death cover, the plan also provides you 4 additional covers

Plans Options

Option 1:10 years

Option 2 :15 years

Option 3 :20 years

Option 4 :25 years

Term

Minimum Policy Term : 10 years

Maximum Policy Term: 25 years

Premium

Premium Mode:Monthly /Quarterly /Half Yearly/Yearly

Sum Assured

Minimum Sum Assured:Rs 50000/-

Maximum Sum Assured:Rs 5 Crores

How does it work?

•SBI Life Money Back is a saving plan with added advantage of life cover and cash inflow at regular intervals. This plan is designed for individuals who want to plan for various financial obligations at specified times in life.

Benefits

•Death Benefit:

In the unfortunate event of death during the term of the plan, the nominee will receive Sum Assured + Vested Bonuses, (accrued till the date of death),

No deductions are made from the claim amount for the Survival Benefits already paid. Exclusions applicable to the Basic Cover: Suicide within the first year

•Tax Benefit

SBI Life Money Back Plan enjoys Tax benefit u/s 80C and 10(10D) of IT Act*

Premiums paid for Critical Illness Benefit qualify for tax exemption under Sec 80D*

Click here to visit the official website

SBI Life - Smart Wealth Assure : Introduction, Key Features, Benefits, Tax Benefit, Insurance, Minimum Investment

SBI Life - Smart Wealth Assure : Introduction, Key Features, Benefits, Tax Benefit, Insurance, Minimum Investment

Introduction:

Equity Market Performance is affected by many variables like Economic condition, Liquidity, Corporate Performance, Global Markets etc. Thus you are not sure what returns you will get on your hard earned money.

SBI Life realises the same and brings to you ‘Smart Wealth Assure’ which takes care of all these variables and gives you ‘Peace of Mind’ by providing a Minimum NAV Guarantee Plus Upside, if any. SBI Life - Smart Wealth Assure is a unit Linked non participating Life Insurance Plan. The Plan is further fortified with many power packed features which takes care of your financial needs

Key Features:

• Option to choose a mix of funds providing Guaranteed Return and Market Linked Returns
• Guaranteed Return provided through Return Guarantee Fund (RGF) which guarantees a Minimum Pre-specified NAV, subject to conditions**
• Apart from minimum guarantee, any upside in the RGF will also be paid to You…
• Market Linked Returns provided through 3 funds – Bond Fund, Equity Fund & P/E Managed Fund to give you the best possible returns
• Pay only once and get the benefits throughout the Policy Term
• Liquidity through Partial Withdrawal(s)
• Attractive Tax benefits^ under the Income Tax Act, 1961, subject to conditions

Benefits:

•Maturity Benefit: On completion of Policy Term, Maturity Value will be paid.

Maturity value for the Daily Protect Fund II will be calculated based on NAV which is higher of:

• Prevailing NAV as on date of Maturity OR

• Higher than Highest Guaranteed NAV: There will be an increment of 5% to the Highest NAV achieved during the first seven years under the ‘Daily Protect Fund II’.

• In addition, if there are any units in the Index Fund, the Fund value of such units, calculated at the Prevailing NAV would also be added, in order to arrive at the Maturity Value

• Death Benefit: Higher of the Fund Value or Sum Assured## is payable; subject to a minimum of 105% of the total premiums paid## at the time of death. The death benefit is payable only for inforce policies.

• Accidental Death Benefit Option: Accidental Death Benefit: Provides additional death benefit if the death occurs as a result of an accident.

Click here to visit the official website

Institute of Banking Personal Selection(IBPS) for recruitment in Clerical Cadre in 19 Public Sector Banks, Notification, List of participating Banks,

Institute of Banking Personal Selection(IBPS) for recruitment in Clerical Cadre in 19 Public Sector Banks, Notification, List of participating Banks

Details

A Common Written Examination (CWE) will be conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks mentioned below.

This system of Common Examination for recruitment of Clerks has been approved by each of the 19 participating Public Sector Banks and the Managing Committee of the Indian Banks’ Association (IBA) with the consent of the Government of India.

PARTICIPATING BANKS

Allahabad Bank Indian

Overseas Bank

Andhra Bank

Oriental Bank of Commerce

Bank of Baroda

Punjab National Bank

Bank of India

Punjab & Sind Bank

Bank of Maharashtra

Syndicate Bank

Canara Bank

UCO Bank

Central Bank of India

Union Bank of India

Corporation Bank

United Bank of India

Dena Bank

Vijaya Bank

Indian Bank

Click here to visit the official website

Click here for more details and notification

Wall Street rallies 1% after Bernanke talks

Wall Street rallies 1% after Bernanke talks

Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for the economy at its September meeting.

The Dow Jones industrial average was up 134.64 points, or 1.21%, at 11,284.46, according the latest available figures. The Standard & Poor's 500 Index was up 17.50 points, or 1.51%, at 1,176.77. The Nasdaq Composite Index was up 60.22 points, or 2.49%, at 2,479.85.

For the week, the Dow rose 4.3% while the S&P added 4.7% and the Nasdaq climbed 5.9%.

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Audi launches business edition of SUV Q5

Audi launches business edition of SUV Q5

German luxury car manufacturer Audi Tuesday launched the business edition of its sports utility vehicle (SUV) Q5 2.0 TDI Quattro priced at Rs.3,513,000 (ex-showroom Maharashtra). It will be available from October 2011.

'The Audi Q5 2.0 TDI Q is perfectly equipped to further strengthen our leadership position in the luxury SUV segment,' said Audi India head Michael Perschke.

According to Perschke, the car is attractively priced, making it affordable by a wide range of consumers.

'As the Audi Q5 already has a broad fan base in India, this attractive price will now make this premium experience accessible to a wider customer base who aspire to own a luxury SUV.'

The car is equipped with 17-inch alloy wheels, xenon-plus headlights, including LED daytime running lights, leather and leatherette interiors with wood inlays, and a multifunctional 4-spoke leather steering wheel.

The car has an average fuel efficiency of 12.80 km per litre and will be imported as completely knocked down (CKD) unit in the country and then assembled here.

The company said it is confident of reaching its sales target of 5,000 cars by the end of the current year.

'Audi India has experienced formidable growth, even surpassing annual sales of 3,003 cars for 2010 in the first seven months of 2011,' said Perschke.

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Japanese Prime Minister Naoto Kan Quits, Sixth PM in Last 5 Years

Japanese Prime Minister Naoto Kan Quits, Sixth PM in Last 5 Years

The Japanese Prime Minister Naoto Kan announced today that he was stepping down after almost 15 months in office as his government's ratings plunged due to handling of nuclear crisis triggered by tsunami.

Kan appeared on national television to announce that he was resigning as the leader of the ruling Democratic Party, effectively ending his tenure as Prime Minister.

His exit paves the way for election of Japan's sixth Prime Minister in five years, as the country is struggling to come out from the devastation caused by March 11 earthquake which triggered a nuclear crisis.

"I resign as the party president effective today", Kyodo news agency quoted him as telling his party leaders. He was the first leader in Japan, not hailing from a well connected political family to don the premiership.

After taking office in June last year, the 64-year-old premier has struggled amid plunging ratings, a relentless power struggle within his party and a combative opposition controlling upper house stalling legislation.

Later he came under fire from his own party lawmakers for his perceived lack of leadership in dealing with the March disaster that claimed the lives of more than 15,000 people and triggered the world's worst nuclear crisis in 25 years.

The ruling Democratic party will vote on Monday to elect a new leader, who will become the next Prime Minister.

Former Foreign Minister Seiji Maehara is viewed as a frontrunner to replace Kan. Finance Minister Yoshihiko Noda and Trade Minister Banri Kaieda may also enter the fray.

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Tree House Education Limited IPO Allotment status - Enter your application number to check the allotment status

Tree House Education Limited IPO Allotment status - Enter your application number to check the allotment status

Incorporated in 2006, Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India.

TO CHECK YOUR ALLOTMENT STATUS FOR TREE HOUSE EDUCATION LIMITED.

Shammi Kapoor dies-a huge loss to Bollywood

Shammi Kapoor dies-a huge loss to Bollywood

Shammi Kapoor died at 5.15 am today. He was 79. The actor had been admitted to Breach Candy Hospital where he was undergoing treatment for Kidney failure and lung congestion.

He made his Bollywood debut with 'Jeevan Jyoti' in 1953 and ruled the silverscreen during the late 1950s and 1960s with his super-energetic performances. According to BBC, Shammi Kapoor was "one of the most popular actors of his generation, Kapoor starred in hits like Junglee, An Evening in Paris, Chinatown and Kashmir Ki Kali.

Bollywood superstar Amitabh Bachchan tweeted that with Kapoor's death the "flamboyance and joie de vivre of the industry lost".

Shammi Kapoor acted in more than 100 films. Fans called him the "Elvis Presley of India" for his frenetic and nifty dancing.

He developed a style of his own and moviegoers flocked to the theatres just to see Shammi Kapoor's antics and mannerisms."

Shammi was married to actress Geeta Bali who he said was the love of his live. She died of small pox during the filming of Teesri Manzil.

They have two children - a son Aditya, and a daughter Kanchan. He later married Neela.

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Reliance Comm Q1 net drops 37%, Latest Stock Price

Reliance Comm Q1 net drops 37%, Latest Stock Price

Reliance Communications reported a sharper-than-forecast 37% fall in quarterly profit, its eighth straight quarter of profit drop, as the country's No 2 mobile carrier by subscribers struggles with its bruising debt load.

Reliance Comm, controlled by billionaire Anil Ambani, said consolidated net profit fell to Rs 157 crore (USD 35 million) for its fiscal first quarter ended June, from Rs 250 crore reported a year earlier.

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State Bank of India ’s (SBI) Q1 for 2011-12 net down 46% at Rs 1,583 cr

State Bank of India ’s (SBI) Q1 for 2011-12 net down 46% at Rs 1,583 cr

State Bank of India ’s (SBI) first quarter net profit fell 45.7% year-on-year to Rs 1,584 crore, driven by increase in provisions against Rs 2,914 crore in the same period of 2010-11.. This profit was below market expectations.

However, net interest income or NII rose nearly 33% to Rs 9,699 crore, which was better than estimates.

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Mahindra Satyam Q1 for 2011-12 net profit at Rs 225 cr, Latest Stock Price

Mahindra Satyam Q1 for 2011-12 net profit at Rs 225 cr, Latest Stock Price

Mahindra Satyam 's first quarter FY12 consolidated net profit was at Rs 225 crore versus loss of Rs 327 crore, quarter-on-quarter.

During the period, its consolidated revenues were up at Rs 1,434 crore versus Rs 1,375 crore (QoQ). In the fourth quarter of last fiscal, it incurred an extraordinary loss of Rs 570 crore.

During the quarter, the company added 2,172 people (net), taking total headcount to 31,438 as of June 30, 2011.

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Goldman Sachs upgrades India to 'market weight' from 'underweight'

Goldman Sachs upgrades India to 'market weight' from 'underweight'

Goldman Sachs on Monday upgraded India to "market weight" from "underweight," given a likely turn in the macro cycle, lower oil prices, lower valuation, and policy reform.

"The latest move by the RBI to raise the repo rate by 50 basis points was a clear sign in our view that the central bank is vigilant in bringing down inflation expectations," Goldman said in a note.

Despite the near-term weakness, policy tightening was a necessary step to reigning in inflation expectations and will ultimately serve as a net positive for the Indian equity market on a medium to longer term horizon, it added.

The Reserve Bank India (RBI), which has raised rates 11 times since mid-March 2010, is expected to be nearing the end of its tightening cycle.

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Countries Left with AAA Credit Ratings, List of the countries in at risk of losing AAA rating.

Countries Left with AAA Credit Ratings, List of the countries at the risk of losing AAA rating.

The markets have been roiled about S&P's downgrade of the U.S., and the likely new recession that will come from the austerity measures. When we last covered the full list of nations that still have triple-A ratings from key credit rating agencies our point was simple: there are some strong triple-A nations and some weak triple-A nations. As of today, there are many more weak triple-A ratings than there were just six months ago.

Safe AAA rating:

1. Australia

GDP per capita: $39,699.358

2. Canada

GDP per capita: $39,057.444

3. Denmark

GDP per capita: $36,449.554

4. Germany

GDP per capita: $36,033.284

5. Holland

GDP per capita: $40,764.548

6. Norway

GDP per capita: $52,012.506

7. Singapore

GDP per capita: $56,521.731

8. Sweden

GDP per capita: $38,031.484

9. Switzerland

GDP per capita: $41,663.047

At risk of losing AAA rating:

1. Austria

GDP per capita: $39,634.128

2. Finland

GDP per capita: $34,585.453

3. France

GDP per capita: $34,077.040

4. United Kingdom

GDP per capita: $34,919.511

Gold futures surge to record at Rs 25,978 per 10 grams on global cues

Gold futures surge to record at Rs 25,978 per 10 grams on global cues

Gold surged to record high by adding Rs 536 to Rs 25,978 per 10 grams in futures trading today on buying by speculators, driven by a strong overseas trend, where investors sought safe haven following downgrading of the US credit rating.

The rising of gold to an all-time high of over $1,700 an ounce in the Asian region as equity markets tumbled worldwide, encouraging investors to park their funds in bullion, traders said.

At the Multi Commodity Exchange, gold for April delivery spurted by Rs 536, or 2.10%, to Rs 25,978 per 10 grams, with a business volume of four lots. Similarly, the precious metal for February delivery rose by Rs 560, or 2.21%, to Rs 25,858 per 10 grams, with a business volume of 38 lots.

Traders said buying activity gathered momentum after gold climbed above $1,700 an ounce for the first time as Standard and Poor's cut the top US credit rating, fueling a slump in equities and the dollar amid concern that the global economy is slowing.

They added that speculators were largely picking gold rather than other metals in futures on expectations of better return.

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India Infoline Investment Services Ltd NCD Issue I Closes on 12th August 2011, Rated AA- by CARE

India Infoline Investment Services Ltd NCD Issue I Closes on 12th August 2011, Rated AA- by CARE

India Infoline Investment Services Limited (IIISL) is a downstream subsidiary of India Infoline Ltd and has holdings in India Infoline Housing Finance Ltd (license received in 2009), Moneyline Credit Ltd. (an NBFC) & India Infoline Distribution Co. Ltd.

IIISL has come up with a NCD (Non Convertible Debenture) issue on 4th Aug 2011 and will close on 12th Aug. The coupon is 11.70%-11.90% depending upon series (1, 2 & 3) selected.

The base issue size is Rs 375 Crore with a greenshoe option of Rs 375 Crore making the Issue size to be Rs 750 Crores out of which 40% is reserved for the Retail Category.

The Issue is Rated AA- by CARE and AA-/Stable by ICRA indicating stable outlook.

There is a 40 month premium on redemption option in Series 2 (cumulative option) which is fairly attractive considering the fact that the issue is going to be listed on NSE/BSE and hence offers better tax adjusted returns (Gains in listed NCDs for a holding period of more than 12 months are treated as Long term capital gains).

L&T Finance Holdings Limited IPO Allotment status - Enter your application number to check the allotment status, Listing Date of the IPO

L&T Finance Holdings Limited IPO Allotment status - Enter your application number to check the allotment status, Listing Date of the IPO

Incorporated in 2008, L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors as well as mutual fund products and investment management services. Promoted by Larsen & Toubro Ltd, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services, L&T Finance Holdings is registered with the RBI as a Systemically Important Non-Deposit Taking Non-Banking Financial Company and has applied for registration as a Core Investment Company.

Listing Date : 12th Aug.2011

Further, if you are facing any problem with the below link to check your allotment status, you can also check the same in your Demat account.

TO CHECK YOUR ALLOTMENT STATUS FOR L&T FINANCE HOLDINGS LIMITED.

Gold ETFs ( Exchange Traded Fund ) : What is it ? List of Gold ETF funds on BSE / NSE, Advantage of Gold ETFs

Gold ETFs ( Exchange Traded Fund ) : What is it ? List of Gold ETF funds on BSE / NSE, Advantage of Gold ETFs

What is Gold ETFs ?

Gold ETFs are exchange traded funds offered by mutual funds that invest in gold bul­lion. Let us under­stand what an ETF is? An ETF is an Exchange Traded Fund that is traded on major stock exchanges like NSE or BSE. Gold ETFs are spe­cial types of exchange-traded funds (ETFs) that track the prices of gold and invest in gold.

Introduction

Gold Exchange Traded Funds (GETF) are the latest trend in investment strategies. These are known as GOLD ETFs. These ETFs primarily invest the money they have collected in the bullion market. Gold ETF first came into existence in India during the second quarter of 2007. Investors need DEMAT account and trading account to buy or sell these ETFs. The pattern is same as for stock trading. In India, there are about 11 Gold ETF companies listed on NSE and BSE and the number is raising year after year as investors are finding it more convenient. Following is the list of Gold ETFs in India and their symbols in NSE / BSE exchanges:

• Axis Mutual Fund - Axis Gold ETF - Axisgold.
• Benchmark Mutual Fund - Gold Benchmark Exchange Traded Scheme - Goldbees.
• Birla Sun Life Mutual Fund - Birla Sun Life Gold ETF - Bslgoldetf.
• HDFC Mutual Fund - HDFC Gold Exchange Traded Fund - Hdfcmfgetf.

• ICICI Prudential Mutual Fund -ICICI Prudential Gold Exchange Traded Fund - Ipgetf.
• Kotak Mahindra Mutual Fund - KOTAK Gold Etf- Kotakgold.
• Quantum Mutual Fund - Quantum Gold Fund - Qgold.
• Reliance Mutual Fund - Reliance Gold Exchange Traded Fund - Relgold.
• Religare Mutual Fund - Religare Gold Exchange Traded Fund - Religarego.
• SBI Mutual Fund - SBI Gold Exchange Traded Fund - Sbigets.
• UTI Mutual Fund - UTI Gold Exchange Traded Fund - Goldshare.

Main Advantage of Gold ETFs

1. No theft concerns as like in physical gold
2. One can buy and sell any quantity starting from minimum 1 unit.
3. Fund houses charge minimum transaction charges and it is very less comparing to making charges of Jewellery shops.

With markets crashing, here's what should one do : Invest in Fixed Deposit, Gold.

With markets crashing, here's what should one do : Invest in Fixed Deposit, Gold.

Nifty and Sensex went up the hill, they took along the NASDAQ and Hang-seng too, then Greece and Obama’s problems started and they all came tumbling down!

Ironical, but the Jack and Jill poem seems to hold true for what’s happening in the financial markets around the world. Every market seems to be tumbling downwards.

So, what does all this hold in store for the common man.

The common Indian is already under pressure from rising inflation, investments giving poor returns and lower salary hikes too!

So what does an amateur investor do in the current scenario?

Stock markets

If you have just entered the market recently and aren't holding any blue-chip stocks, it would be a good thing to exit the market and wait for prices to stabilize.

All the indications are that things are not going to be rosy in the very near future.

And if you are not a seasoned investor, the current scenario can make you jittery. If you are mulling entering the stock market now, please wait for things to stabilise.

Commodity markets

All the indicators are pointing to a direction where Industrial production is showing a negative trend.

Even the Finance Ministry has said that the earlier projected growth rates of around 9% might be a distant possibility.

In such an environment it is better to shy away from the commodities market as they are directly affected by Industrial Production/Growth.

Derivatives

For a person entering the financial markets for the first time, it is difficult to even predict how stocks will behave.

Derivatives are always a challenge as even experts exercise a lot of caution while dealing with these complex instruments.

Given the traumatic market conditions and the hazy outlook across the globe with regards to the future and what it holds for the Global markets (the American Market and what's happening with the US debt situation has shocked every single expert worth his salt), the best course for an amateur investor is to stay away from the derivatives market.

Sell your dollars

This does not seem to be a great time to hold on to the US Dollar.

If you have the currency with you, try to sell it off as the exchange rates are indicating a weaker dollar in the coming future. Sell it now when you can get a better exchange rate.

Go for Gold

In the current situation there are at least two great investment options before you.

The first, of course, has to be gold: Buy Gold in the form of Coins/Bars and stay put. Gold has been historically considered to be a safe investment haven when all other investment products are seen to be failing. All the governments across the world are trying to increase their gold reserves as they have become wary of a weakening US Dollar.

This would mean that gold prices will rise even further.

Fixed Deposits

The other option is a fixed deposit.

They are also a great option now as RBI's high rate policy has ensured that banks are offering higher returns on these deposits.

And considering the strength of the Indian banking system, deposits are always a safe bet.

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Nissan Sunny to be launched soon for Indian market : Price, Specification, Photographs

Nissan Sunny to be launched soon for Indian market : Price, Specification, Photographs

Nissan Motor Co today unveiled its premium offering for the mid-size segment in India - the new Nissan `Sunny' - and also said it is studying the opportunity to launch a small car in the Indian market.

"We are launching the new saloon Sunny in October to coincide with the festive season. The petrol and diesel variant of the Nissan Sunny will be manufactured at the Renault Nissan alliance Orgadam facility in Chennai," Nissan Motor India's Managing Director and Chief Executive, Kiminobu Tokuyama, told reporters here.

Nissan Sunny was designed at Nissan Design and Nissan Motor Co Ltd headquarters in Japan along with inputs from 170 countries, and it would be sold worldwide. It made its global debut at the 8th China (Guangzhou)International Automobile Exhibition last December.

The Sunny range was first introduced in 1966 and a lot of modifications took place every passing year for decades. Among the all raw information, the code name of the upcoming Sedan i.e. L02B and it's Nissan V-platform sound trustworthy.

Sunny will help the company triple its local sales to 40,000 units in the current financial year,

Nissan Sunny is expected to be priced between Rs. 7.5 lakhs to 10 lakhs and will compete with the other mid segment cars like Maruti Suzuki Dzire, Tata Indigo Manza, Hyundai Accent etc... Nissan Sunny is expected to be a strong, reliable and fuel-economizing vehicle from Nissan.

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List of Top to IT companies with their growth & revenues in India

List of Top to IT companies with their growth & revenues in India

Tata Consultancy Services (Rank 1)

Revenue FY11: Rs 33,112 crore

Revenue FY10: Rs 26,576 crore

Growth FY11: 25%

TCS is the largest provider of information technology services in Asia and second largest provider of business process outsourcing services in India.

Headquartered in Mumbai, TCS has over 198,500 employees.

Infosys Technologies (Rank 2)

Revenue FY11: Rs 25,997 crore

Revenue FY10: Rs 21,355 crore

Growth FY11: 22%

Infosys is the second largest IT company in India with 133,560 employees as of March 2011.

Infosys is ranked 28th globally in the list of IT services providing firms.

It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan.

Wipro (Rank 3)

Revenue FY11: Rs 24,899 crore (Rs 248.99 billion)

Revenue FY10: Rs 21,949 crore (Rs 219.49 billion)

Growth FY11: 13%

Wipro is the third largest IT services company in India and employs more than 122,385 people worldwide as of March 2011.

Wipro is ranked 31 globally in 2011 in the list of IT service providers. The company does business in information technology, consumer care, lighting, engineering and healthcare businesses.

Hewlett-Packard India (Rank 4)

Revenue FY11: Rs 23,227 crore (Rs 232.27 billion)

Revenue FY10: Rs 17,831 crore (Rs 178.31 billion)

Growth FY11: 30%

HP is one of the world's largest information technology companies, operating in almost every country.

HP specialises in developing and manufacturing computing, data storage and networking hardware, designing software and delivering services. It is headquartered in Palo Alto, California.

Cognizant Technology Solutions (Rank 5)

Revenue FY11: Rs 21,393 crore (Rs 213.93 billion)

Revenue FY10: Rs 15,646 crore (Rs 156.46 billion)

Growth FY11: 37%

Cognizant Technology Solutions has beaten Wipro for the first time in the June quarter to become the third largest software exporter from India.

Cognizant is an American multinational provider of information technology, consulting and business process outsourcing services.

It has been named to the 2010 Fortune 100 fastest-growing companies for the eighth consecutive yea

IBM India (Rank 6)

Revenue FY11: Rs 14,132 crore (Rs 141.32 billion)

Revenue FY10: Rs 12,388 crore (Rs 123.88 billion)

Growth FY11: 14%

Headquarted in New York, IBM is a multinational computer technology and IT consulting corporation.

IBM has been present in India since 1992. IBM India's solutions and services span all major industries including financial services, healthcare, government, automotive, telecommunications and education.

HCL Technologies (Rank 7)

Revenue FY11: Rs 14,111 crore (Rs 141.11 billion)

Revenue FY10: Rs 10,983 crore (Rs 109.83 billion)

Growth FY11: 28%

Headquartered in Noida, HCL Technologies is the IT services arm of HCL Enterprise, a $5.5 billion IT company.

HCL Technologies is fifth largest IT company in India and is ranked 48 in the global list of IT services providers.

HCL Infosystems (Rank 8)

Revenue FY11: Rs 12,137 crore (Rs 121.37 billion)

Revenue FY10: Rs 11,956 crore (Rs 119.56 billion)

Growth FY11: 2%

HCL Infosystems, a subsidiary of HCL, has a presence in 170 locations and 300 service centres throughout India.

It offers a wide spectrum of ICT products that includes computing, storage, networking, security, telecom, imaging and retail.

Its manufacturing facilities are based in Chennai, Pondicherry and Uttarakhand. It is headquartered at Noida.

Ingram Micro India (Rank 9)

Revenue FY11: Rs 9,766 crore (Rs 97.66 billion)

Revenue FY10: Rs 7,234 crore (Rs 72.34 billion)

Growth FY11: 35%

Ingram Micro Inc is the world's largest technology distributor, providing sales, marketing and logistics services for the IT industry worldwide. Ingram Micro India is a subsidiary of this company, which operates in 34 countries.

Redington India (Rank 10)

Revenue FY11: Rs 9,274 crore (Rs 92.74 billion)

Revenue FY10: Rs 7,024 crore (Rs 70.24 billion)

Growth FY11: 32%

Redington India commenced the operations in 1993 distributing information technology products.

The company gradually expanded its operations across India covering a broad range of IT and telecom products with offices in India, West Asia and Africa.

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