Infosys Ltd news

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500209 1,009.05 +17.20 (1.73%)
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Just What Is Wrong at Infosys?
The jury is still out on the Infosys results, but upcoming earnings of other major Indian IT companies should help paint a clearer picture.
Infosys Opens New Atlanta Center
A subsidiary of India's Infosys Technologies Ltd. on April 26 opened a new center for business-process outsourcing, or BPO, adding to its already strong presence in Atlanta.
Infosys misses forecast, shares tumble
Bangalore: India's second largest computer services firm, Infosys Ltd, on Friday forecast fiscal 2013 revenue growth that fell short of analyst and investor expectations, causing its shares to post their biggest single-day decline in almost three years.
HSBC shock waves reach Infosys
Infosys officials admitted that the company has been going through a crisis-like situation. V Balakrishnan, chief financial officer, Infosys Limited, in an official statement stated, "There are challenges in the economic environment which is impacting ...
Infosys finally utters the 'C' word
Infosys has always been accused of being conservative in its approach, though the company's leadership has been in denial mode.
HCL Tech exceeds expectations, records 29% jump in net profit
New Delhi: The results were of HCL Technologies Ltd and the numbers looked good, but the message analysts saw in them had more to do with Infosys Ltd, which declared its numbers last week, and not HCL. HCL exceeded market expectations to report a ...
Infosys plans international acquisitions
Mr Shibulal is the latest of Infosys' seven founders to lead the firm as it faces arguably its toughest challenge in three decades of operation, having lost ground to market leader Tata Consultancy Services and facing the risk of being overtaken for ...
Wipro results show all isn't well with Indian IT sector
In the first nine months of the previous fiscal year, Wipro has added 14,349 employees, at a par with 14,268 for Infosys Ltd, despite the fact that the latter's revenue base is around 20% higher. After the drop in hiring in the March quarter, the total ...
TCS quarterly profit up 23%, meets f'cast
Salt-to-steel-to-software giant the Tata Group-owned Tata Consultancy Services Ltd (TCS) posted a 23 percent rise in March-quarter profit and gave a relatively upbeat outlook, a sign it may be better positioned than rival Infosys Ltd in a fragile ...
beyondbrics  Financial Times (blog)
Gujarat govt's incubation centre to launch Spark-Up Fund
Led by Infosys Ltd. chairman emeritus NR Narayana Murthy and endorsed by Gujarat Chief Minister Narendra Modi, the International Centre for Entrepreneurship and Technology (iCreate) is set to launch a seed fund for entrepreneurial ideas.