Tag Archives: infosys
Infosys Posts Lower Q4 Earnings
BENGALURU (dpa-AFX) – Infosys Ltd. (INFY) reported fourth quarter net profit of $444 million, down 4.1 percent from $463 million in the previous year period. Earnings per equity share for the quar… Continue reading
Infosys to shift US listing to NYSE Euronext
BANGALORE (Reuters) – IT services firm Infosys Ltd , the first Indian company to list on Nasdaq, will shift its American Depositary Shares to the NYSE Euronext in a move it said is intended to increase access to the stock for European investors. Infosys , India's second-largest software services provider, is also seeking listing of its ADS on the Paris and London boards of NYSE Euronext. Continue reading
TCS gains on earnings; Infosys extends falls
MUMBAI (Reuters) – Shares in Tata Consultancy Services were up 2.3 percent on Friday after its quarterly profit exceeded forecasts, while Infosys fell after cutting its sales guidance by more than expected. Continue reading
Market Weekahead: Earnings season to be in focus
Reuters Market Eye – India kicks off a new earnings reporting season, with top two software services exporters, Tata Consultancy Services and Infosys , announcing their April-June results on Thursday. Traders widely expect Infosys to cut its revenue guidance, given recent reports that global companies are cutting their IT spending. Any news on government reforms such as on diesel prices or FDI in retail are also on traders' radar screens Continue reading
