Infosys Ltd (INFY.NS)
7 Mar 2014
|Market Cap (Mil.):||Rs2,137,217.00|
|Shares Outstanding (Mil.):||571.40|
* BSE index gains 0.2 pct; NSE ends 0.23 pct higher * IDFC, L&T Finance gain on hopes for bank licences * Gujarat Gas surges on merger with gas distributors * India VIX near 1-yr low a day ahead of futures launch By Abhishek Vishnoi MUMBAI, Feb 25 - Indian shares gained for a third straight session on Tuesday to their highest closing in a month as software stocks including Infosys rose on continued optimism about U.S. business outlook while foreign investor buying
* BSE index gains 0.43 pct; NSE ends up 0.42 pct * FIIs extend buying streak to a fifth day * Sun Pharma gains on US FDA approval of bone drug By Abhishek Vishnoi MUMBAI, Feb 19 - Indian shares rose for a fourth consecutive session on Wednesday to mark their highest close in nearly four weeks, although amid low volumes, after software exporters such as Infosys gained on continued optimism about U.S. business. A positive interim budget, stable inflation, foreign flo
REUTERS - Cognizant Technology Solutions Corp forecast 2014 revenue below analysts' expectations, raising concerns that the IT services provider's scorching growth may be cooling off.
- Cognizant Technology Solutions Corp forecast 2014 revenue below analysts' expectations, raising concerns that the IT services provider's scorching growth may be cooling off.
MUMBAI - The executive suite is not the only place that is greying in India's 40-year-old information technology sector. As the $108 billion industry enters middle age and its growth slows, the three-million-strong workforce is also getting older, making it harder to extract some of the cost advantages of the young, cheap labour for which it is known.
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Abhiram Nandakumar in Bangalore)
BANGALORE - Wipro Ltd is eyeing more lucrative financial industry contracts from Europe and the United States to catch up with its bigger rivals, as India's No. 3 outsourcing services provider looks to grow its sales by up to 4 percent in this quarter.
MUMBAI - India's top IT services provider Tata Consultancy Services (TCS) forecast faster sales growth in the next fiscal year but failed to ease investor worries that smaller rivals will also benefit from an anticipated rise in client demand.
MUMBAI - Tata Consultancy Services Ltd, India's top IT services provider by market value, expects sales growth to accelerate next fiscal year after it beat quarterly profit estimates on increasing overseas demand for outsourcing services.
* Q3 net profit at 53.14 bln rupees versus 51.3 bln estimates