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Sun, 06 May 2012 23:50:29 -0700

Infosys woes prompt calls for change at top
BANGALORE/MUMBAI (Reuters) - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer. Critics say Infosys also must shed its aversion to acquisitions, change its premium pricing strategy and make better headway in higher-end businesses like consulting to compete with ...
Mon, 23 Apr 2012 10:55:55 -0700

TCS March-qtr profit meets f'cast, gives upbeat outlook
REUTERS - Tata Consultancy Services Ltd , India's top software services exporter, posted a 23 percent rise in March-quarter profit and gave a relatively upbeat outlook, a sign it may be better positioned than rival Infosys Ltd in a fragile global economy. The company, part of the Tata Group salt-to-steel conglomerate, said growth in the fiscal year that started this month is on track to exceed ...
Wed, 16 May 2012 11:51:45 -0700

Nasscom sticks to its guidance despite analyst scepticism
The information technology industry body, National Association of Software and Services Companies (Nasscom), today said it would maintain its annual guidance for growth despite the sombre outlook given by many analysts and tepid March quarter performance by IT companies. “We are not relooking at it right now. When we came out with the annual forecast in February, we had said that we will relook ...
Fri, 11 May 2012 12:25:23 -0700

ISB placements over consulting most preferred sector
The B-school, which runs a one-year management programme, saw a total of 631 offers for the 528 participating students, from 348 companies. This included several first-time recruiters.
 
Mon, 14 May 2012 22:10:18 GMT


Zacks Reaffirms Neutral Rating on Infosys Technologies Ltd (INFY)
Junction Report
Infosys Technologies Ltd (NASDAQ: INFY)'s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on Monday. They currently have a $47.00 price target on the stock. Zacks' analyst wrote, ” We are ...

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Thu, 26 Apr 2012 20:05:48 GMT


Citigroup Raises Infosys Technologies Ltd to Buy (INFY)
Daily Political
Infosys Technologies Ltd (NASDAQ: INFY) was upgraded by Citigroup (NYSE: C) from a “neutral” rating to a “buy” rating in a research note issued on Wednesday. A number of other analysts have also recently weighed in on INFY.

Thu, 17 May 2012 07:17:08 GMT


Pratham USA to Honor Wendy Kopp, Founder and CEO of Teach for America
PR Web (press release)
... Thomas W. Lamont University Professor, and Professor of Economics and Philosophy, at Harvard University, Nandan Nilekani, Chairperson, Unique Identification Authority of India and Chairman Emeritus, Infosys Technologies, Ltd., and Rohini Nilekani, ...

Fri, 27 Apr 2012 11:58:02 GMT


Infosys Opens New Atlanta Center
GlobalAtlanta
A subsidiary of India's Infosys Technologies Ltd. on April 26 opened a new center for business-process outsourcing, or BPO, adding to its already strong presence in Atlanta. Ajit Kumar, India's consul general in Atlanta, joined executives to light a ...

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Wed, 25 Apr 2012 07:50:55 GMT


Wipro Shares Plunge On Sequentially Flat Revenue View, Despite Higher Q4 Profit
RTT News
On April 13, Indian peer Infosys Technologies Ltd (INFY: News ) reported higher profit and revenue for the fourth quarter, in what the company called "a very difficult quarter." The software services firm also issued a weak full year guidance, ...

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Mon, 07 May 2012 11:39:12 GMT


Cognizant Trims 2012 Forecast, Despite Higher Q1 Profit
NASDAQ
Peers Wipro Ltd. (WIT) and Infosys Technologies Ltd (INFY) in late April reported higher profit and revenues for their respective fourth quarters. Wipro, meanwhile, continues to project sequentially flat IT Services revenues for its first quarter, ...

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Tue, 08 May 2012 07:24:38 GMT


Education sector is ailing, says Narayana Murthy
IBNLive.com
... by the time they reach 40,” said NR Narayana Murthy, chairman emeritus and founder of Infosys Technologies Ltd, while addressing the gathering at the third convocation of the Jawarharlal Nehru Technology University-Hyderabad (JNTUH) here on Monday.

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