News: Infosys Ltd (INFY.NS)

INFY.NS on National Stock Exchange of India

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Wed, Apr 16 2014

UPDATE 1-India's Tata Consultancy sees stronger sales growth this year

* Expects sales growth in year just started to be better than last

Infosys says staff exodus a worry after Q4 profits beat estimates

BANGALORE/MUMBAI - Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as it posted a higher-than-expected net profit for the period.

Infosys says staff exodus a worry after fourth quarter profits beat estimates

BANGALORE/MUMBAI - Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as it posted a higher-than-expected net profit for the period.

CORRECTED-UPDATE 2-Infosys says staff exodus a worry after Q4 profits beat estimates

(Corrects 5th paragraph to say attrition rate annualised at 18.7 percent)

RPT-Infosys Q4 net profit up 25 pct, beats forecasts

BANGALORE, April 15 - Infosys Ltd, India's second largest IT services exporter, reported a 25 percent increase in quarterly net profit, beating estimates, as it added new clients including Chinese-owned Swedish automaker Volvo Car Corp.

Infosys Q4 net profit up 25 pct, beats forecasts

BANGALORE, April 15 - Infosys Ltd, India's second largest IT services exporter, reported a 25 percent increase in quarterly net profit, beating estimates, as it added new clients including Chinese-owned Swedish automaker Volvo Car Corp.

MARKET EYE-Indian shares likely to start higher on firm Asian cues

* Indian shares are expected to open higher on Tuesday, tracking firm Asian markets, and are likely to take direction from Infosys's quarterly earnings, traders say. * Software stocks are on watch with Infosys kicking off March-quarter earnings season on Tuesday, followed by Tata Consultancy Services on Wednesday. * Nifty futures traded on the Singapore Exchange are up 0.3 percent, while the MSCI-Asia Pacific excluding Japan index is up 0.13 percent. * Asian shares edged higher in early trade

Staff exodus to weigh on Infosys turnaround efforts

MUMBAI - An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd , could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year.

Staff exodus to weigh on Infosys turnaround efforts

MUMBAI - An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year.

CORRECTED-Staff exodus to weigh on Infosys turnaround efforts

* Infosys seen posting 18 pct growth in Q4 net profit, lagging rivals

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