Infosys Technologies posted a 10 per cent jump in net profit at Rs 1,432 crore (Rs 14.32 billion) for the second quarter of FY09 as against Rs 1,302 crore (Rs 13.02 billion) in previous quarter.

Its revenues went up by 11.6 per cent to Rs 5,418 crore (RS 54.18 billion) from Rs 4,854 crore (Rs 48.54 billion), (QoQ).

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OSLO (AFP)–U.S. software giant Microsoft Corp. (MSFT) will base its global research and development center for specialized search engines used by companies in Norway, company Chief Executive Steve Ballmer said Tuesday.

“The global center for our enterprise search R&D will be done here from Norway,” Ballmer told reporters after meeting with Norwegian Prime Minister Jens Stoltenberg in Oslo.

The move was made possible by Microsoft’s recent purchase of Norwegian company Fast Search & Transfer for 6.6 billion kroner ($1.2 billion), he said.

“We now have a significant research laboratory here in Norway…with the acquisition of Fast,” which operates in Europe, the U.S., Asia, Australia and the Middle East, he said.

Microsoft, which currently employs 300 people at three Norwegian centers in Oslo, Trondheim and Tromsoe, will hire another 50 people in the Scandinavian country, he said.

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