Infosys has seen "ramp down" in various accounts: CEO

BANGALORE Fri Apr 13, 2012 10:35am IST

A man pushing a tricycle cart walks in front of a pyramid-shaped building made out of glass in the Infosys campus at Electronics City in Bangalore, February 28, 2012. REUTERS/Vivek Prakash/Files

A man pushing a tricycle cart walks in front of a pyramid-shaped building made out of glass in the Infosys campus at Electronics City in Bangalore, February 28, 2012.

Credit: Reuters/Vivek Prakash/Files

Related Topics

Stocks

   

BANGALORE (Reuters) - Infosys Ltd (INFY.NS), 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 S.D. Shibulal told television channels on Friday.

Infosys reported a 27.4 percent rise in quarterly profit earlier on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.

(Reporting by Harichandan Arakali; Editing by Rajesh Pandathil)

FILED UNDER:

Reforms Push

REUTERS SHOWCASE

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

26/11 Plotter

26/11 Plotter

Pakistan to challenge bail for Mumbai attack "mastermind".  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage