Related topics: net profit

Infosys forms community college partnership in Rhode Island

Technology company Infosys announced a new partnership with a community college in Rhode Island to develop workers for digital jobs on Tuesday, with the goal of forming similar arrangements elsewhere in the country.

India's Infosys posts 5.00% rise in profits

Indian software giant Infosys Technologies reported a five percent rise in quarterly net profits on Tuesday, aided by a weak rupee and strong demand from the United States.

India's Infosys gives muted earnings, stock falls

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

India's Infosys net profit climbs 13%, shares gain

Indian software giant Infosys announced Friday a better-than-expected 13 percent jump in third-quarter net profit, helped by strong demand for services in the United States.

India Infosys co-founders sell shares for $1.1 billion

Co-founders of Infosys sold $1.1-billion worth of stock in India's second-biggest software services firm Monday, pushing down the share price of the pioneering outsourcing company by nearly five percent.

India Infosys stock gains on $1.8-billion buyback call

Shares of Infosys gained as much as three percent Wednesday after three senior former executives urged the Indian outsourcing giant to stage a $1.8-billion-share buyback, saying the company is too cash-rich.

Infosys quarterly profit up 15 percent

(AP)—Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit on Friday and maintained its revenue growth forecast.

India's Infosys sees weaker sales, shares tank

Shares of Indian outsourcing giant Infosys slid almost nine percent Thursday after the firm warned that quarterly revenues may be weaker-than-expected following project cancellations.

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Infosys

Infosys Limited, formerly Infosys Technologies Limited (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011. It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

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