Tuesday’s results by India’s second-largest software exporter by sales, Infosys Technologies Ltd., are a case in point. Over the past one month, traders had been driving the stock higher on hopes that the company would exceed …
Shares of Bangalore-based technology consulting company Infosys (NYSE: INFY) were trading as much as 9% lower on Friday morning. Nervous investors took the stock lower as CEO Vishal Sikka unexpectedly announced his resignation …
What: For the first time ever, The NASDAQ Stock Market will open its market remotely from India. On Monday July 31st 2006, Infosys Technologies Executives will ring the opening bell remotely from the Infosys Global Education Center in …
When Sikka took charge, one of the founders quipped, “He is a rockstar, and we needed one.” Judging by Infosys’s stock performance, Sikka appears to have lived up to some of that promise. The company’s market capitalisation has jumped …
INFY). The stock is rated as one of the two top picks in the sector at Cowen. The company provides IT consulting and business process outsourcing services worldwide. It operates through four segments: Financial Services; Healthcare; …
Infosys’s board over the weekend announced a share buyback programme of up to 130 billion rupees ($2 billion) at a significant premium. Analysts said while it could lend some support to the stock, management issues will likely play a …
Infosys stock dropped up to 13 percent on the news Friday, which equaled a $3.5 billion loss in market value, Bloomberg reported. Twitter users lamented the conflict and the loss of Sikka.
New Delhi, Oct 22 (PTI) Stock market is expected to be driven this week by a busy earnings season including by banks and heavyweight bluechips like Infosys and ITC for September quarter - the first quarterly report card showing impact of …
Undoubtedly, Murthy and the founding team created the iconic Indian brand, Infosys, from scratch. Established in 1981, it is a New York Stock Exchange-listed global consulting and IT services company with more than 198,000 employees. …
Below are the views of five brokerage houses on Infosys, on its revival and its stock price: Barclays is of the view that the return of the Infosys founder is positive. While the focus of the company should remain on longer-term growth, Barclays …