Tuesday, 12 July 2011

Infosys Profit Rises 15.4%, Narrowly Misses Estimates

Infosys , India's No. 2 software services exporter, reported a 15.4 percent rise in fiscal first-quarter profit, narrowly missing expectations as a surge in wages offset strong demand from western clients.  Bangalore-based Infosys, also listed on the Nasdaq, said consolidated net profit rose to 17 ...

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