Recent Event Highlights: Valuation gap between Infosys & TCS will continue to widen: Harit Shah, Nirmal ... - Economic Times, Infosys tumbles over 8% drags down Sensex, peer stocks - Business Standard, Infosys money, market share to flow into TCS: JPMorgan - Moneycontrol.com, Infosys Shares Drop After Forecast Reduced: Mumbai Mover - Businessweek, Infosys fears euro could collapse - New York Daily News, Infosys is on the right track and will be 'ahead of the game': SD Shibulal - Economic Times, and 753 more...
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Last updated: 01/19/13 at 01:05 PM
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Valuation gap between Infosys & TCS will continue to widen: Harit Shah, Nirmal ...Economic TimesIn an interview with ET Now, Harit Shah, Analyst, Nirmal Bang Securities, shares his views on TCS results. Excerpts:and more »
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IBNLive.comInfosys fears euro could collapseNew York Daily NewsBangalore, July 12 — India's IT bellwether Infosys fears that the euro could collapse due to the sovereign debt crisis in Greece and Italy and the banking crisis in Spain.Infosys CFO expects rupee to weaken, to maintain short term hedging policyEconomic TimesEuro could collapse, says Infosys CFOIBNLive.comInfosys disappoints market with no quarterly guidanceInformationWeek Indiaall 13 news articles »
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Infosys results dent marketsBusiness StandardBenchmark share indices ended lower on Thursday weighed down by selling pressure in Infosys after the software major slashed its dollar revenue guidance for FY13 to 5% against its earlier estimate of 8-10%.and more »
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Expect Infosys to underperform in the coming months: Deepesh Pandey, IIFL ...Economic TimesThere is a margin drop & revenue growth has missed guidelines. One can expect a sharper revision, downward revision in full year revenues.and more »
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Moneycontrol.comSensex choppy; Reliance, Infosys, Bharti, ONGC declineMoneycontrol.comCigarette major ITC extended gains in afternoon trade, rising 1.2%. However, index heavyweights Reliance Industries, Infosys, Bharti Airtel and ONGC have been trading lower since early trade, falling 0.8-1.3%. Sensex choppy ; Reliance , Infosys ...Should you buy or sell Infosys shares?NDTVUnchanged strategy: Buy incrementally on declinesEconomic TimesBSE Sensex flat; all eyes on inflation dataReuters IndiaBusiness Standard -Hindustan Times -Firstpostall 66 news articles »
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Moneycontrol.comInfosys hit by slew of downgrades post Q4 earningsEconomic TimesInfosys lost 0.3 per cent to Rs 2394.50, extending losses from a 13 per cent plunge on Friday after a slew of analysts downgraded the stock following its lower-than-expected revenue growth outlook on Friday. CLSA downgraded India's No.2 software ...Infosys hit by slew of downgradesReuters Indiaall 4 news articles »
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BloombergInfosys May Spend $500M on Europe DealBusinessWeekBy Cornelius Rahn on April 15, 2012 Infosys Ltd. (INFO), which sits on the largest cash pile among India's computer-services providers, is prepared to spend as much as $500 million on a single acquisition in a European market. Infosys may make another ...Infosys May Spend Up to $500 Million on European DealBloombergall 3 news articles »
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Moneycontrol.comInfosys sales guidance disappoints, shares plungeBusinessWeekBy ERIKA KINETZ Infosys Technologies reported quarterly profit of $463 million Friday and said its revenue will grow more slowly than the industry's this fiscal year, eroding its position as India's outsourcing bellwether. Net income for the quarter ...Infosys shares slide on weak IT forecastsMarketWatchInfosys denies misusing US visasNew York Daily NewsInfosys Plunges Most in a Year After Forecast Falls ShortBloombergTimes of India -San Francisco Chronicle -Wall Street Journal (blog)all 594 news articles »
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ADR REPORT-Indian shares post worst day in 8 months on InfosysReutersNEW YORK, April 13 (Reuters) - Indian shares traded in the United States posted their worst decline in eight months on Friday as Infosys nose-dived after a disappointing revenue outlook cast a long shadow over the broader view for corporate profits.and more »
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Infosys Sees Revenue Grow More Slowly Than HopedPCWorld (blog)By John Ribeiro, IDG News Infosys' revenue in its fourth quarter and full fiscal year ended March 31 fell short of guidance, as global markets for its services are recovering very slowly, the company said Friday. The company's guidance for the current ...Infosys revenue grows more slowly than hopedComputerworldUKall 16 news articles »
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Infosys has seen "ramp down" in various accounts-CEOReutersBANGALORE, April 13 (Reuters) - Infosys Ltd, India's second-largest software services exporter, has seen "ramp down" in orders from various accounts and especially in the financial services sector, Chief Executive SD Shibulal told television channels ...
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Infosys still the industry bellwether, but may be affected by weak US recovery ...Economic TimesIn a chat with ET Now, Nitin Rakesh, CEO, Motilal Oswal Asset Management Company, gives his views on Infosys' Q4 results. Excerpts: ET Now: Do you think for Infosys Technologies, it is more like an uncertain situation after the change of guard because ...and more »
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The best is behind for Infosys, say expertsNDTVInfosys, India's second-largest software services exporter, reported a 27.4 per cent rise in quarterly net profit, meeting forecast, after customers ramped up orders to cut operational costs. Bangalore-based Infosys said on Friday consolidated net ...
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The HinduInfosys profit up 27.4 pct, meets f'castReuters IndiaBy Harichandan Arakali | BANGALORE (Reuters) - Infosys disappointed investors on Friday with a lower-than-expected revenue growth outlook due to an uncertain global economy and currency volatility, sending its shares down to their lowest level in more ...Infosys Q4 net profit up 27.4 per centThe HinduInfosys sales guidance disappoints, shares plungeBoston.comInfosys Q4 profit rises, but slower outlook hits sharesReutersBloombergall 320 news articles »
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Indian Shares Set To Extend Gains; Infosys Results EyedNASDAQCloser home, investors await Infosys results due in a few minutes from now for directional cues. Additionally, March inflation numbers due to be released a day before the monetary policy meet next week are crucial as they would have a bearing on ...and more »
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Infosys shares fall 2.7 pc in preopen tradeEconomic TimesMUMBAI: Shares in Infosys Ltd fell 2.7 percent in preopen trade on Thursday, after the software services company cut its dollar revenue growth guidance for the fiscal year to March due to the debt crisis in Europe, its second-biggest market. ...
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The HinduBSE Sensex slips 0.9 pct; Infosys dropsReuters IndiaMUMBAI (Reuters) - The BSE Sensex dropped 0.9 percent on Tuesday as euro zone debt worries battered major markets in Asia, with software services bellwether Infosys leading the losses after its quarterly earnings narrowly missed expectations. ...Markets hit by IIP, Infosys Q1Business StandardInfosys, global cues drive Sensex 200 pts lowerMoneycontrol.comSensex down 261 points in opening tradeTimes of IndiaSan Francisco Chronicle -Hindustan Timesall 165 news articles »
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Indian Stock Movers: Derivatives Additions, Infosys, GlenmarkBloombergInfosys Ltd. (INFO IN), India's second-largest software provider, tumbled 5 percent to 2775.7 rupees after it forecast sales that missed analysts' estimates amid concerns clients are holding off on new contracts because of uncertainties in the global ...Keep a watch on the dollar indexLivemintall 6 news articles »
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IT Buzz: Latest happenings in the IT sectorEconomic TimesAfter Infosys and Wipro, the Income-Tax Department has initiated scrutiny on Tata Consultancy Services (TCS) for claiming tax benefits for onshore services, often derogatorily called 'body shopping'. On the other hand, Wipro can heave a sigh of relief ...TCS comes under tax lens for 'Body shopping'ITvoirAfter Infosys, Wipro, TCS under tax lensTimes of Indiaall 10 news articles »
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Infosys innovation head Subhash Dhar in talks for cloud playDaily News & AnalysisSubhash Dhar, senior vice-president and head of innovations at Infosys Technologies, is keeping his options open as he serves out the notice period at the company. Though he is keen to work towards creating a pure-play platform delivery model, ...
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Sajiv Dhawan positive on Infosys TCSMoneycontrol.comDhawan told CNBC-TV18, “I would stick with Infosys or TCS. I think you are going to have to look at the results. You have seen the way the market is, any bad news, any poor corporate governance is getting the stocks totally thrashed, 50-70% sort of ...and more »
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Buy Infosys, HUL, Crompton Greaves, say brokeragesMoneycontrol.comMorgan Stanley maintains an overweight rating on Infosys with a target of Rs 3630. Morgan Stanley believes the street EPS will be revised upwards as Infosys' volumes and pricing trends surprise positively in the coming quarters. ...and more »
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Research Report on Infosys Technologies Limited and Computer Sciences ...MarketWatch (press release)Equity Markets has reviewed Infosys Technologies Limited as a global technology services company. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. Infosys's end-to-end business ...and more »
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India TodayIndian Company Under Scrutiny Over US VisasNew York TimesEmployees in 2008 at Infosys in Bangalore, India. The company's visa practices are under scrutiny. Aijaz Rahi/Associated Press NR Narayana Murthy, a founder and recently retired chairman of Infosys. Accusations that the company, Infosys Technologies, ...American visa fraud heat threatens to scald InfosysIndia TodayTCS talks tough on downgrade, Udayan says may hold IT fallMoneycontrol.comNasscom sticks to its 16-18% growth forecast despite US economic woesEconomic TimesDaily News & Analysis -Financial Express -Wall Street Journalall 74 news articles »
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RediffNasscom unveils corporate governance reportHindu Business LineThe report by the committee, set up last year comprising industry experts and chaired by Infosys mentor NR Narayana Murthy, enumerates a set of detailed ...NASSCOM releases Corporate Governance Reportsourcingfocus.comIndia's Nasscom Focuses on Ethics and Corporate GovernancePC Worldall 12 news articles »
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Infosys engineer hangs selfExpress BuzzA softwar e engineer employed with Infosys, Madhapur, hanged himself at his house in Himayathnagar on Monday. The victim, N Dheeraj (23), had been staying ...
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Nilekani Says India to Offer Poor $2 for Iris ScansBusinessWeekHe stepped down as co-chairman of Infosys in July to set up the authority. India appointed Nilekani to set up a fraud-proof system that will help the ...BIG BROTHER NOW WANTS YOUR IRIS IMAGEHindustan Times ePaperall 7 news articles »
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Indian Shares End Lower On Profit-Taking; Infosys 4Q Results EyedWall Street JournalHe said Tuesday's trade will largely be governed by Infosys, which will report fiscal fourth-quarter results and give an outlook for the latest financial ...Infosys posts revenue and profit growth, reflecting recoveryBusinessWeekIndian shrs drop 0.2 pct; Infosys seesawsReutersInfosys says quarterly profit up 8.7 percentThe Associated PressSeeking Alpha (blog) -AFP -TheStreet.comall 553 news articles »
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Merrill Lynch puts buy on Infosys TechnologiesEconomic TimesInfy could dampen sentiment by giving a FY11 guidance of 13-15 % in dollar revenue growth and 5-7 % in rupee EPS growth versus consensus revenue growth ...
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Market likely to see choppy tradeEconomic TimesEarnings of key companies will be flagged off by Infosys Technologies on April 13. Shares of software exporters posted losses in the previous week to ...and more »
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Hindu Business LineUS employment news may keep market positiveHindu Business LinePositive feeling:Infosys will kick-start the latest round of results next week. Overall earnings expectation seems to be optimistic. ...
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SINDH TODAYInfosys to get 50 acres in RajarhatSifyAfter Wipro, now Infosys has also agreed to set up its campus at Rajarhat, New Town. Bengal housing minister Goutam Deb today said that Infosys had agreed ...Minister jumps the Infosys gunCalcutta TelegraphHidco offers fresh hope on Infy landTimes of Indiaall 26 news articles »
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Indian ADRs gain a mere $350 mn during the weekEconomic TimesIT bellwether Infosys Technologies, which led the gang of gainers among the Indian stocks, saw its market capitalisation rising by USD 901 million to USD ...and more »
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Indian shares fall 0.2 pct; ICICI, Infosys declineReutersBO) and Infosys Technologies (INFY.BO) leading the decline, taking cues from weak Asian shares. At 9 am (0330 GMT), the 30-share BSE index . ...SmarTrend Detects Continued Buying Pressure in Shares of Infosys Technologies ...Trading Markets (press release)SmarTrend Detects Continued Buying Pressure in Shares of Infosys Technologies ...Benzingaall 4 news articles »
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Infosys reportedly seeks to grow its IP portfolioMarketWatchBy MarketWatch Infosys Technologies Ltd. has begun jointly creating intellectual property with various clients in order to boost its IP portfolio, ...Infosys looks at IP for boosting revenueTrading Markets (press release)all 3 news articles »
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The HinduRPT-Infosys says outsourcing deal pipeline improvingReutersMUMBAI, March 10 (Reuters) - Infosys Technologies (INFY.BO), India's No. 2 software services exporter, is seeing a rise in outsourcing deal flows due to a ...Infosys sees increase in outsourcingTimes of IndiaGovt spending on IT expected to grow by 40%: InfosysMoneycontrol.comIT has changed India's image: Infosys CEOCIOLThomsons Online Benefits -NDTV.com -GroundReportall 44 news articles »
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Indian tech stocks rally on Infosys outlook boostReutersMUMBAI, Jan 12 (Reuters) - Shares in India's leading software services companies rose on Tuesday after bellwether Infosys Technologies (INFY. ...Indian shares rise 0.6 pct; Reliance downReutersall 3 news articles »
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Moneycontrol.comToo early to hike Infosys' FY11 EPS estimate: Sanju VermaMoneycontrol.comInfosys Technologies has declared its third quarter results of FY10. It has posted 2.73% jump in its Q3 net profit of Rs 1582 crore as against Rs 1540 crore ...Edelweiss sees upgrade in Infosys FY12 EPS to Rs 142-143Moneycontrol.comIndia's growth rate forecast continues to be +ve: KR BharatMoneycontrol.comall 5 news articles »
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Thaindian.comSensex turns choppy; Infosys, M&M, Reliance upEconomic TimesBetter-than-expected results by Infosys Technologies could not provide support to the indices as profit booking intensified in metals, banks and realty ...Sensex northbound; RIL, BHEL, Grasim, Cairn underperformMoneycontrol.comBroad market continues to show strengthBloombergUTVMarkets cheer Nov`09 IIP nos, Sensex up 46.02 ptsMyiris.comBusiness Standard -NDTV.com -Press Trust of Indiaall 116 news articles »
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Asian Shares Trade Mixed; Alcoa Drags Resource PlaysWall Street JournalIn India, Infosys added 3.5% after the company reported better-than-expected results for the fiscal third quarter and raised its outlook for the year. ...and more »
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Market waiting eagerly for Infosys earningsMarketWatchDespite a challenge by domestic rivals, regulators rule that the offshoot of British airline meets US ownership rules, paving way to serve more routes.
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Infosys close to Rs 900 crore dealDaily News & AnalysisMumbai: Infosys Technologies is expected to bag a significant contract following the merger of two UK telcos for whom it is already contracted. ...and more »
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Infosys tops combined value chartBusiness StandardInfosys tops the combined value chart on both the BSE and the NSE with a value of Rs 762.61 crore. It is followed by Reliance (Rs 467.57 crore), ...
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India's Infosys plans pay hikes in October - paperReutersMUMBAI, Sept 24 (Reuters) - India's second-largest software exporter Infosys Technologies (INFY.BO) plans to give pay hikes and promotions next month, ...Infy Plans Pay Hikes, Promotions in OctoberWall Street JournalExpect pay hikes and promotions, Infosys tells employeesEconomic TimesInvestors give a thumbs down to Infosys' pay hike planIndia Infoline.comSamayLive -Financial Express -Siliconindia.comall 22 news articles »
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BusinessWeekIndia Outsourcing: Pay Is Down, Competition Is UpBusinessWeekTCS and Infosys also beat estimates, rising 23% and 18%, respectively. "These drops [in employee salaries] are not surprising in a year where the IT ...Less pay, more competition for Indian outsourcingSiliconindia.comall 6 news articles »
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Infosys Technologies' Siebel Business Process Testing Solution is ...PR Newswire (press release)"Receiving the 'Partner Solution Offering of the Year' award highlights Infosys' value proposition to its testing clients," said Manish Tandon, ...and more »
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Infosys Technologies Named as a Top Supplier for Sears Holdings ...PR Newswire (press release)21 /PRNewswire-FirstCall/ -- Infosys Technologies Limited (NASDAQ: INFY) has been named a 2008 Partner in Progress for Sears Holdings Corporation. ...and more »
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RPT-FEATURE-Indian IT firms step up security with paramilitaryReutersMUMBAI, Sept 21 (Reuters) - When Infosys Technologies, India's second-largest IT firm, hired paramilitary troops to protect its sprawling ...and more »
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Calcutta TelegraphState awaits positive signal from InfosysTimes of IndiaKOLKATA: The state government is looking forward to a positive response from Infosys a day after a "fruitful talk" between chief minister Buddhadeb ...CM to set price for Wipro, Infosys landIndian ExpressPlot's there, but not bare necessitiesCalcutta TelegraphBuddhadeb fights backDaily PioneerSify -Calcutta Telegraph -Calcutta Telegraphall 10 news articles »
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Indian ADRs: Infosys Tech, Wipro Advance; Sterlite DeclinesBloombergInfosys Technologies Ltd. (INFY US), India's second- largest provide of computer services technology, rose for a third day, increasing 1.3 percent to $49.16 ...India Shares End Slightly Higher; Reliance Indus Slides 4.5%Wall Street JournalIndian shares edge up 0.20 percentDaily TimesSensex lifeline: high beeps and pratfallsLivemintBloombergall 24 news articles »
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