News tagged with infosys
India's Infosys profit up 27% but shares tumble
Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.
Apr 13, 2012 |
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India takes US visa fee hike to WTO
India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country's flagship outsourcing firms, an official said Tuesday.
Apr 10, 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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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 |
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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 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 |
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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 |
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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 |
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India's Infosys quarterly profits disappoint
India's second-biggest software exporter Infosys announced Tuesday a surprise 2.4 percent fall in first quarter consolidated net profit but raised its revenue outlook for the full year.
Jul 13, 2010 |
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India's Wipro reports profit rise as IT sector hots up
India's third-biggest software company Wipro on Friday said fourth-quarter net profit rose more than a fifth as the firm bagged several large deals amid a broad uptick for the sector.
Apr 23, 2010 |
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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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