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Infosys slumps after board member Srinivas resigns

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.) fell as much as 7.6 percent in early morning trade after president and board member B.G. Srinivas, seen by some investors as a candidate to take over as CEO, resigned.Infosys did not give a reason for his resignation in its statement to India's stock exc...
Source : Reuters India |
Category : Others | City : Mumbai

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 says board member Srinivas resigns

Employees of software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.REUTERS - Infosys president and board member B.G. Srinivas has resigned, the company said on Wednesday, the latest in a series of senior management exits at India's second-largest software services exporter.Srinivas' resignation is effective from June 10, the company...
Source : Reuters India |
Category : Others

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

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 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

Sensex hits record high above 26,000; Infosys rises

Employees of software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.The strange and the creative is on display at the World Bodypainting Festival in Austria.Reuters Market Eye - The Nifty is up 0.25 percent after rising 0.5 percent to a record high of 7,791.4, its third consecutive all-time high in as many sessions. The Sensex is...
Source : Reuters India |
Category : Others

Infosys operating profit may lag estimates - StarMine

Employees of software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012.) operating profit may lag consensus estimates when India's second-largest IT services exporter reports quarterly results on July 11, Thomson Reuters StarMine's SmartEstimates shows.StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated...
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
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