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WEEKAHEAD - Shares await Infosys July-Sept earnings

VantageTrade.Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.Reuters Market Eye - Caution is likely to prevail in shares ahead of the September-quarter earnings from Infosys Ltd() on October 11, which will kick off the results reporting season for blue chips.Traders say weakening economic growth and still...
Source : Reuters India |
Category : Others

Infosys shares gain 2 percent after net profit beats estimates

Employees of software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012. REUTERS/Vivek Prakash/files), India's second-largest software services exporter, rose as much as 2.2 percent after the company posted a 21 percent rise in quarterly net profit, beating analysts' estimates.Infosys, whose customers include Bank of America Corp (BAC.N)...
Source : Yahoo Finance |
Category : Personal Finance

Infosys close to getting biggest weighting in Sensex

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012. REUTERS/Vivek Prakash/Files) as the stock with biggest weighting in the benchmark BSE Sensex and broader Nifty.Infosys weighting in the BSE Sensex currently stands at 9.70 percent, only 15 basis points away from 9.85 percent for ITC, Thomson Reuters Data shows.In...
Source : Yahoo Finance |
Category : Personal Finance

Staff exodus to weigh on Infosys turnaround efforts

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.It is the largest election in the world, ever. Click here for stories, pictures, analyses, facts and schedule about India election.(Reuters) - An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd (), could hamper...
Source : Reuters India |
Category : Others | City : Mumbai

Infosys Q4 net profit up 25 percent, beats forecasts

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.Ending on on the last day of the Bengali calendar year, Gajan festival has people pray in hopes of winning divine favour and ensuring fulfilment of their wishes.(Reuters) - Infosys Ltd, India's second largest software services exporter, forecast an increase...
Source : Reuters India |
Category : Others | City : Bangalore

Infosys shares gain 2 percent after net profit beats estimates

Employees of software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.), India's second-largest software services exporter, rose as much as 2.2 percent after the company posted a 21 percent rise in quarterly net profit, beating analysts' estimates.), said profit for the three months ended December 31 was 28.75 billion rupees, compared...
Source : Reuters India |
Category : Others | City : Mumbai

Once the preserve of youth, IT staffing enters middle age

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.Paul McCartney and Ringo Starr take the stage together to mark 50 years since The Beatles' legendary debut on The Ed Sullivan Show.(Reuters) - The executive suite is not the only place that is greying in India's 40-year-old information technology sector.As...
Source : Reuters India |
Category : Others | City : Mumbai

IT stocks gain on value buying after steep falls

Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.Reuters Market Eye - Software service providers gain on value buying after a recent slump. Tata Consultancy Services (Technical indicators also show the falls may be overdone. The 14-day relative strength index for the NSE IT sub-index dipped below 30 on Wednesday for the...
Source : Reuters India |
Category : Others

Infosys says another senior executive leaving

software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.) will leave the company next month, the No. 2 software exporter by revenue said on Thursday, adding to a spate of senior-level departures since co-founder Narayana Murthy returned to run the company.Chandrashekar Kakal, a senior vice president and a member of the company's executive...
Source : Reuters India |
Category : Others | City : New Delhi

Infosys says in process of resolving U.S. visa investigation

VantageTrade.Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.) said on Tuesday it was in the process of reaching a settlement with the U.S. government over the company's alleged misuse of temporary business visas.U.S. authorities have been investigating India's second-largest information technology services...
Source : Reuters India |
Category : Others