Infosys Ltd, India's No.2 software services exporter, is looking for acquisitions worth up to $700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday.
The BSE Sensex fell more than 1.5 percent on Tuesday, dragged down by IT stocks after Tata Consultancy Services reported lower-than-expected quarterly earnings and said the outlook for pricing was tough.
Shares were trading down on Thursday after an early rise met with resistance, a day after the BSE Sensex had climbed to its highest close in more than three weeks.
Infosys Ltd , India's No.2 software services exporter, reported a 9.7-percent rise in quarterly profit and cut its full-year revenue outlook by less-than-expected, cheering investors who shrugged off its warning about global economic uncertainty.
India's software services companies are set to report strong revenue growth when they kick off their quarterly earnings next week. However, a slowing U.S. economy and the debt crisis in Europe may crimp orders.
Information technology people unite! It's OpenWorld time and here's what you need to know.
Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.
Being politically connected isn't what it used to be for corporate India.
The top pre-market NASDAQ Stock Market gainers are: TiVo, Clean Energy Fuels, F5 Networks, SodaStream International, and Prospect Capital. The top pre-market NASDAQ Stock Market losers are: Sigma Designs, Applied Materials, Infosys Technologies, Vodafone Group, Randgold Resources, and Apple.
The top pre-market NASDAQ Stock Market gainers are: MannKind, NVIDIA, Red Robin Gourmet Burgers, Logitech International, and SodaStream International. The top pre-market NASDAQ Stock Market losers are: Sky-mobi, A123 Systems, Golar LNG, Entegris, and Infosys Technologies.
British software firm Misys plc (London: MSY) said takeover discussions with Fidelity National Information Services Inc (FIS) have been terminated. Misys decided to reject FIS offer and withdraw from further discussions with FIS, as the offer materially undervalued the company.
Windows XP is one of the most popular operating systems on the planet.
Apple Inc, failed to find a place in a latest ranking list of top 20 corporate brands in India, though it topped similar surveys in the US and UK.
Amidst the current bout of speculation regarding a possible takeover bid for Misys plc (London Stock Exchange: MSY), Jefferies & Co. revisited its long-held view that it are now in the final phase of the value realisation project that Mike Lawrie and ValueAct Capital embarked upon four years ago.
India’s second largest IT company Infosys has announced to adopt the cloud technology as a part of its Infosys 3.0 transformation
Infosys Technologies, India’s second largest outsourcer, continued its expansion in China by setting up a new campus at the Zizhu Science and Technology Park in Shanghai and planned investment up to $150 million, reports said
Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday.
The top pre-market NASDAQ Stock Market gainers are: Cintas, Motricity, Sky-mobi, Infosys Technologies, and IncrediMail. The top pre-market NASDAQ Stock Market losers are: XOMA, Cree, Rubicon Technology, Veeco Instruments, and Aixtron AG.
Indian technology companies are now looking to hire fresh engineering graduates from American universities, as stringent immigration norms and high unemployment in the US make local hiring attractive, said a media report.
India’s second biggest software services company Infosys Technologies Ltd has launched a program called Talent Strategy 2015 to deal with a large number of global hires, attract talent and stem attrition to boost revenue per employee.
The BSE Sensex fell 1.7 percent on Tuesday to its lowest close since August, extending January's worst monthly slide in more than two years, as inflation worries and hardening interest rates continued to spook investors.
The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.
