Leading IT exporter, Infosys Technology has announced to recruit around 27,000 professionals by March this year. The company seems encouraged from 33 per cent rise in profit in the third quarter of 2008-09.

Infosys also added new clients recently and has issued positive future guidance. Thus, more professionals are required to deliver efficient services to new and existing clients.

India's second largest software exporter Infosys reported 33 per cent rise in profit in the third quarter of 2008-09, which currently stands at Rs 1,641 crore.

Drop in billing rates, adverse conditions of financial market and currency fluctuations failed to stop company's revenue growth in the third quarter. Infosys, CEO, S. Gopalakrishnan said, "This is a very good performance, considering the difficult times we are in."

Government is likely to announce a special bailout package for beleaguered IT giant, Satyam Computers Services in few days.

The new Board of the company has reported that the IT major is not having enough of funds for salary pay outs and future of its 53,000 employees is hanging in dark.

Government has already appointed a board of experts who are working on many ideas to restore the image of Satyam Computer Services.

It was today announced by Microsoft, Intel, and Cisco that they are working together to help ensure that proper standards are created for measuring digital literacy.

The three companies are making an effort to bring together a group of education leaders and academics in order to identify the characteristics that should form the basis of global standards, though they haven’t come up with the assessment criteria themselves.

Infosys Technologies, India's second largest software services exporter, reported that the company was able to earn consolidated net profit of Rs 1,641 crore for the Q3 that ended December 31, 2008 as against Rs 1,231 crore in the corresponding quarter a year ago.

A release which was issued to BSE today by Infosys, said, “The Q3FY09 topline has increased 35.5% to Rs 5,786 crore from Rs 4,271 crore in Q3FY08, beating the recession blues which is clouding the global businesses.”

Two high functional cameras dubbed as Stylus Tough-8000 and Stylus Tough-6000 have been unveiled by Olympus.

Let us first give a look at the features of Stylus Tough-6000, which as a 10-megapixel, dive to 10 feet below the surface, a built-in four preset underwater scene modes to vibrant picture capturing and freezing cold (14 degrees Fahrenheit; -10 degrees Celsius).