There is something about an election that excites and disturbs businesses. Businesses are jittery about formulating a forward looking plan and their clients are less than willing to loosen their purse strings.
Infosys, India’s second-largest software exporter, has cut its annual revenue forecast for the second time in three months, as customers in banking and technology sectors cut or delayed projects, indicating that the Indian information technology
India's second-largest software services exporter Infosys Ltd cut its financial-year revenue growth target for the second time in three months on an uncertain business outlook, sending its shares tumbling more than 5 per cent.
Will Infosys, India’s second largest software exporter, spring a surprise when it announces the second quarter results on Friday? Analysts expect Infosys to cut its revenue guidance for the second time this financial year owing to the termination of
Infosys on Tuesday said it has administered the severance contract with its former chief financial officer Rajiv Bansal "strictly in line with rights and obligations" of both parties, after reports suggested that the IT firm stopped the
Infosys co-founder Nandan Nilekani is all for Indian start-ups, saying they have entered an 'exciting phase' with focus on India-specific problems and opportunities, and domestic money is fuelling risk appetite.
After the top three IT players — Tata Consultancy Services (TCS), Cognizant and Infosys — sounding off warning bells on second-quarter and full-year growth performance, analyst predict that mid-cap players will be worse off.
Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in BangaloreInfosys chief executive Vishal Sikka saw the exit of the seventh key executive in Sanjay Purohit, since he took over as the
Describing GST rollout "a hell of a challenge", Infosys CEO Vishal Sikka today acknowledged that there are pockets of weak preparedness, but there is still time to address them before the April 2017 deadline.
Infosys Chief Executive Vishal Sikka believes the company could deliver a triple storm of bringing down costs for clients, maintain margins and free up people for more projects by using Artificial Intelligence (AI) and integrating software tools in
Infosys rose 1.47% to Rs 1,046.20 on the BSE after the company said it has entered into a joint venture pact with Saudi Prerogative Company in the Kingdom of Saudi Arabia to conduct IT services for customers in the Kingdom of Saudi Arabia.
Infosys Ltd has become the latest Indian IT services company to set up a joint venture with a local company in Saudi Arabia to tap local customers in the Islamic Kingdom, which is using technology to transform itself from being a oil dependent company.
Infosys, India's second largest IT services company saw incremental new contracts in the last four quarters jump 53.7 per cent to $2.9 billion, driven primarily by deals in the cloud and infrastructure services that it won from larger global peers.