Shares of Infosys gained as much as three percent Wednesday after three senior former executives urged the Indian outsourcing giant to stage a $1.8-billion-share buyback, saying the company is too cash-rich. The proposal represents …
Infosys is taking several steps to control a record-high attrition, which led to nearly one in five employees quitting India's second largest IT outsourcer last fiscal. Infosys chief financial officer Rajiv Bansal told Nomura analysts Ashwin Mehta …
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 …
Wipro has had to struggle with lower growth, and has maintained a low profile, unlike TCS and Infosys. TCS and Infosys ... country (also winning the 2012 Forbes India Leadership Award for Best Private Sector CEO). The stock market surge …
Mumbai: Shares of Infosys Ltd hit a record high on Friday as a weaker rupee pushed up stocks of software service exporters for the fourth session in a row. Infosys share hit an all-time high of Rs.1,168.80, gaining 1.03%. Over the past …
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; …
Despite high-level exits since June this year, Infosys shares still retain a gain of nearly 50 per cent since its founder N R Narayana Murthy returned to the helm of affairs at the country's second largest IT firm. In the eighth major exit since the …
Markets will closely track data for India’s services sector, IIP number and quarterly earnings from IT major Infosys in a holiday-shortened week ahead, say experts. Stock markets will remain closed on Monday for Bakri Id. Trend in …
while Murthy’s return is doing Infosys good, it’s still premature to conclude that the company will return to its glory days. The Infosys stock rose 0.86% at Rs.3,323.95 a share on Thursday, while the benchmark Sensex gained 114.65 points …
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. The country's second largest IT services exporter said its ...