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. Last Updated: 07/27/2016

India Software Profits

BOMBAY, India -- India's top software companies reported sharply higher third quarter net profits Tuesday, but even an 84 percent rise by Infosys Technologies Ltd. wasn't enough for investors who sent its shares and the Bombay market reeling.

Higher volumes and increasing focus on e-commerce are expected to help generate better results for the sector in the final quarter of the 1999-2000 financial year, which ends March 31, analysts said.