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Oracle Q1 net profit falls 16.50% to Rs 329.33 crore

Last Updated: Friday, August 7, 2015, 00:02

IT firm Oracle Financial Services Software Thursday reported a decline of 16.50 percent in its consolidated net profit at Rs 329.33 crore for the first quarter ended June 30, 2015.

Oracle seeks permission to update copyright lawsuit against Google

Last Updated: Thursday, July 23, 2015, 10:28

The move by Oracle is its first since the US Supreme Court allowed the case to continue and suggests the litigation could be far from over.

Oracle expands cloud services to take on Amazon, Microsoft

Last Updated: Tuesday, June 23, 2015, 17:46

Oracle on Tuesday expanded its cloud service offerings with an emphasis on PaaS (platform-as-a-service)as it launched 24 new technologies aimed at leap-frogging over rival brands like Amazon, Microsoft and IBM.

Oracle FSS subsidiary asked to pay Rs 80.4 cr to vendor

Last Updated: Thursday, June 18, 2015, 13:23

The firm, which provides IT products to the financial services industry, said the arbitrator erred in his assessment and ruling and therefore it will defend its position, OFSS said in a filing to the BSE.

Google versus Oracle case exposes differences within Obama administration

Last Updated: Friday, May 15, 2015, 20:57

It is unclear what position the administration will ultimately take. Deliberations within the Obama administration have mirrored the larger debate in the technology world.

Oracle CEO sees benefit if rival buys Salesforce.com

Last Updated: Friday, May 1, 2015, 15:49

If Microsoft or another rival did buy Salesforce.com, it might help Oracle in the customer relationship management sector, said Catz.

Oracle expands India sales team to drive cloud services

Last Updated: Thursday, March 26, 2015, 16:55

Oracle on Thursday announced plans to expand its sales team in India by adding 300 executives as the tech giant targets the growing market for cloud services in the country and the Asia Pacific region.

Wipro invests $5 million in cloud solutions firm

Last Updated: Wednesday, March 18, 2015, 14:21

IT bellwether Wipro has invested $5 million (Rs.31 crore) to pick a minority stake in Drivestream Inc., a US-based leading Oracle cloud applications systems integrator, with development centre in Chennai.

Oracle sales flat, lifts dividend; shares rise

Last Updated: Wednesday, March 18, 2015, 09:31

Oracle Corp posted flat third-quarter revenue and slightly lower profit as the U.S. dollar strengthened, but the business software maker on Tuesday raised its quarterly dividend 25 percent to 15 cents a share.

Oracle India to ramp up cloud team; to hire 200 people in sales

Last Updated: Friday, January 30, 2015, 17:24

Aiming to ramp up its cloud services business in India, software solutions major Oracle today said it will hire 200 people to strengthen its cloud services sales team.

Oracle revenue up 3.5% on strong growth in cloud

Last Updated: Thursday, December 18, 2014, 08:57

Oracle Corp posted a 3.5 percent rise in total revenue in the company`s first quarter since Larry Ellison stepped down as chief executive, bolstered by a 45 percent jump in its fast-growing cloud services business.

Oracle's Ellison plays down threat of NSA database snooping

Last Updated: Thursday, January 30, 2014, 10:00

Oracle CEO Larry Ellison played down concerns on Wednesday about possible government snooping in his business customers` private data.