India's Infosys shares plunge as sales outlook cut
Infosys shares plunged more than nine percent on the Bombay Stock Exchange Friday after the Indian software giant cut its earnings outlook for the year.
Business
Jul 15, 2016
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News tagged with consultation
India's TCS to appeal $940 million US court damages
India's biggest IT outsourcing firm Tata Consultancy Services (TCS) says it will challenge $940 million in damages imposed by a US court in an intellectual property theft case.
Business
Apr 17, 2016
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India's Infosys rides out Chennai floods, posts profit rise
Indian software giant Infosys reported a better-than-expected 6.6 percent rise in quarterly earnings on Thursday, riding out the effects of deadly floods in Chennai and sending its stock soaring.
Business
Jan 14, 2016
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India's TCS reports strong profits on US, Europe deals
India's biggest IT outsourcing firm Tata Consultancy Services on Thursday reported better-than-expected quarterly profits on the back of growth in its key markets of the United States and Europe.
Business
Jul 9, 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's TCS profits rise on US, European deals
India's biggest outsourcing firm Tata Consultancy Services on Thursday reported a 5.1 percent rise in quarterly net profits, driven by demand in its key markets of the United States and Europe.
Business
Jan 15, 2015
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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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TCS, Mitsubishi to create new Japan IT services firm
India's biggest outsourcing firm Tata Consultancy Services (TCS) and Japan's Mitsubishi Corp said Monday they are teaming up to create a Japanese software services provider with annual revenues of $600 million.
Business
Apr 21, 2014
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India's Infosys sees weaker sales, shares tank
Shares of Indian outsourcing giant Infosys slid almost nine percent Thursday after the firm warned that quarterly revenues may be weaker-than-expected following project cancellations.
Business
Mar 13, 2014
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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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