India's Infosys posts 5.00% rise in profits
Indian software giant Infosys Technologies reported a five percent rise in quarterly net profits on Tuesday, aided by a weak rupee and strong demand from the United States.
Business
Jul 21, 2015
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India's Infosys gives muted earnings, stock falls
Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.
Business
Apr 24, 2015
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India Infosys co-founders sell shares for $1.1 billion
Co-founders of Infosys sold $1.1-billion worth of stock in India's second-biggest software services firm Monday, pushing down the share price of the pioneering outsourcing company by nearly five percent.
Business
Dec 8, 2014
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India's Infosys shares up after new chief named
Shares in Indian outsourcing giant Infosys climbed nearly four percent on Thursday after the company announced a new chief executive who will take over in August.
Business
Jun 12, 2014
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India's Infosys drops seven percent as top exec quits
Shares in Indian outsourcing giant Infosys sank by seven percent on Thursday after the latest departure of one of the company's senior managers.
Business
May 29, 2014
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India's Infosys sees profit leap by 25%, beats forecasts
Indian outsourcing giant Infosys on Tuesday reported quarterly net profit rose by a surprise 25 percent, lifted by new European and US contracts, as it forecast an increase in annual revenues.
Business
Apr 15, 2014
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Bharti Airtel profit down 29 percent on rupee woes (Update)
Bharti Airtel, India's largest telecommunications company, said Wednesday the weak rupee contributed to a 29 percent slump in quarterly profit.
Business
Oct 30, 2013
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India's Wipro shares tumble as revenue lags
Shares in India's third largest IT outsourcer Wipro slumped more than eight percent on Wednesday, a day after it announced modest revenue growth that lagged rivals, analysts said.
Business
Oct 23, 2013
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Infosys profits up slightly despite currency woes
Indian software outsourcing giant Infosys posted slightly higher quarterly profit Friday and maintained its revenue growth forecast despite the weak rupee and uncertainty about U.S. visas for its employees.
Business
Jul 12, 2013
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Investors cheer Infosys founder's return but analysts skeptical (Update)
Shares of Infosys jumped Monday as investors cheered the return of founder N.R. Narayana Murthy to boost the Indian outsourcing giant's sagging fortunes, but analysts questioned his chances of success.
Business
Jun 3, 2013
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