Infosys Ltd (INFY.NS)
12 Feb 2016
- Note: Reuters has not verified this story and does not vouch for its accuracy
MUMBAI Indian stocks ended lower for a second straight week and fell over 1 percent on Friday, posting their biggest one-day percentage fall in over a week, in a late sell-off triggered by crude oil prices that fell below $30 a barrel.
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01152016.pdf FACTORS TO WATCH 10:00 am: Food Minister Ram Vilas Paswan and CBEC chairman Najib Shah at FICCI event on illicit trade. 3:15 pm: State Bank of India Chairman Arundhati Bhattacharya to brief media on likely tie-up with Snapdeal. 3:30 pm: CBEC chairman Najib Shah and DIPP Joint Secretary Atul Chaturvedi at CII retail summit. 5:00 pm: RBI to r
BENGALURU Infosys Ltd cheered investors with a forecast-beating quarterly profit and a stronger sales growth outlook, as India's second-largest software services exporter regains market share from rivals by sharpening its focus on high-margin services.
MUMBAI India's stock markets fell on Thursday in a highly volatile day, where the Sensex swung about 545 points, as stocks mirrored falls in Asia and Europe while better-than-expected earnings from Infosys helped cushion losses.
MUMBAI, Jan 14 Indian shares staged a turnaround on Thursday to trade with modest gains, led by better-than-expected results from IT heavyweight Infosys propping the indexes towards a second consecutive day of gains.
** Technology and consulting company Infosys rises as much as 5.35 pct, to its biggest single-day percentage gain since July 21
MUMBAI, Jan 14 Infosys Ltd, India's second-largest software services exporter by revenue, reported a bigger-than-expected 6.6 percent increase in quarterly net profit as it won more clients and as a weaker rupee helped.
** Tata Consultancy Services falls as much as 1.85 pct while rival Infosys gains 1.8 pct
** Infosys shares fall as much as 3 pct to their lowest since July 20; biggest drag on the NSE index