News tagged with infosys
India's IT giant TCS slumps despite profit boost
Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.
Jan 18, 2012 |
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India's Infosys warns about IT sector outlook, shares slump
Indian IT giant Infosys on Thursday posted a 33-percent rise in its quarterly profit, but warned of a slowdown and weak client spending due to global uncertainty and the European debt crisis.
Jan 12, 2012 |
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US-based iGate to delist Indian unit Patni
US-based company iGate said Wednesday it plans to delist its unit Patni Computer Systems from stock exchanges by buying shares from the Indian company's public shareholders.
Nov 16, 2011 |
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India's TCS announces 14.7% Q2 profit jump
India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.
Oct 17, 2011 |
5 / 5 (1) |
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India's Infosys Q2 profit up near 10%, shares jump
Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.
Oct 12, 2011 |
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India's HCL profit soars, outlook upbeat
India's fourth-largest software firm HCL on Wednesday posted a leap of 52 percent in quarterly net profit, beating expectations and giving an upbeat outlook despite global economic uncertainty.
Jul 27, 2011 |
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India's Infosys posts profit rise but shares fall
India's second-biggest outsourcer Infosys said Tuesday that quarterly net profit rose nearly 16 percent, but its shares fell after the company gave a muted outlook.
Jul 12, 2011 |
3 / 5 (1) |
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India's Infosys in US business visa probe
Indian software giant Infosys Technologies on Wednesday said it will "co-operate fully" with a probe by US authorities into allegations it violated visa laws.
May 25, 2011 |
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India's Infosys names banker as new chairman
Infosys on Saturday named a prominent banker to take charge of India's second-largest software exporter as the firm struggles to boost performance in the face of slow global recovery.
Apr 30, 2011 |
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India's Wipro points to weak revenue growth
Indian software giant Wipro on Wednesday forecast sluggish growth for the coming quarter in its flagship IT services division due to rising costs, as it showed slower-than-expected earnings data.
Apr 27, 2011 |
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India's Infosys Q4 profit up, but below forecasts
India's second-biggest outsourcer Infosys said on Friday quarterly net profit jumped nearly 14 percent but the company's shares tumbled as the figures lagged market expectations.
Apr 15, 2011 |
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India's Infosys profits up 14.1%, lag forecasts
Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.
Jan 13, 2011 |
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India's Infosys reports profits jump on improved tech spend
Infosys Technologies, India's second-largest software firm, reported a rise in second-quarter profit on Friday as firms raised spending on technology.
Oct 15, 2010 |
5 / 5 (1) |
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India's fraud-hit Satyam posts loss but is on the mend
India's fraud-hit Satyam announced Wednesday a loss of 27.6 million dollars for the last fiscal year as it reported its first earnings since an accounting scandal pushed the firm to the edge of bankruptcy.
Sep 29, 2010 |
3 / 5 (1) |
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India says US protectionism is regressive
India's trade minister lashed out at perceived protectionist moves by the US on Saturday, calling them "regressive" and saying they could delay economic recovery.
Sep 12, 2010 |
5 / 5 (4) |
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Infosys
Infosys Limited, formerly Infosys Technologies Limited (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011. It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.
For more information about Infosys, read the full article at
Wikipedia.
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