INFOSYS

Infosys

Infosys To Acquire Swiss Firm Lodestone For $350 Million

Infosys Technologies Monday said that it would buy Swiss technology consulting firm Lodestone Holding AG for 330 million Swiss francs ($350 million) which is expected to help India's second biggest software exporter to improve services to its clients.

Asian Stocks Rise On ECB Easing Hopes

Man looks at an electronic board displaying various market indices from around the world outside a brokerage in Tokyo
Most of the Asian markets rose Thursday as investors remained hopeful that the European Central Bank would announce stimulus measures soon to help boost the euro zone economic growth.

IT, Pharma Mutual Funds Top Performers in August

IT sector funds were the top performers in August
IT sector funds were the top performers in August among Indian mutual funds that focus on domestic stocks as lower valuations of the sector's shares after their sharp declines in July revived investor interest.
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People look at an electronic board at a brokerage house in Shanghai

Asian Stocks Rise As Europe Optimism Persists

Most of the Asian markets rose Wednesday as investor confidence continued to be lifted by hopes that the European Central Bank will take actions to reduce the debt pressure faced by Spain and Italy.
An investor reads a newspaper in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Gain On German Optimism

Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.

TCS Net Profit Beats Expectations, Outdoes Infosys Results

Tata Consultancy Services (TCS), India's top IT exporter, exceeded the market expectations in the First quarter of the Financial year 2012, by posting strong earnings and affirmed its position as the bellwether of India's IT industry.

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