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Infosys Ltd

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  • BANGALORE, July 11- India's second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

  • Infosys profit up 21.6 percent, retains forecast Friday, 11 Jul 2014 | 1:25 AM ET
    Employees walk past an Infosys Ltd. logo at the company's campus in Electronics City in Bangalore, India.

    Infosys beat estimates with a 21.6 percent rise in quarterly net profit and retained sales growth outlook on demand for outsourcing services.

  • BANGALORE, July 11- Infosys Ltd, India's second-largest software services exporter, beat estimates with a 21.6 percent rise in quarterly net profit and retained sales growth outlook for this year on surging demand for outsourcing services.

  • Infosys Q1 profit up 21.6 pct, beats estimates Thursday, 10 Jul 2014 | 11:36 PM ET

    BANGALORE, July 11- Infosys Ltd, India's second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates, as it won new outsourcing contracts from overseas clients.

  • This will either make stock rally sizzle or snap Sunday, 6 Jul 2014 | 3:46 PM ET
    Traders on the floor of the New York Stock Exchange.

    Despite the naysayers, earnings could put more sizzle into the stock market's bull run this summer.

  • June 26- Amazon.com' s Asia unit will provide back-end support in a venture with an Indian private investment firm formed by Infosys Ltd co-founder N.R. Narayana Murthy that aims to help get Indian companies online.

  • June 26- Infosys Ltd co-founder N.R. Narayana Murthy is close to entering into an e-commerce joint venture in India with Amazon.com Inc through his investment firm, Catamaran Ventures, India's Economic Times reported. Amazon and Catamaran were not immediately available for comment.

  • June 26- Accenture Plc, a consulting and outsourcing services provider, cut the top end of its full-year earnings forecast as margins come under pressure, taking the shine off a rebound in its consulting business that boosted quarterly revenue.

  • June 26- Accenture Plc, a consulting and outsourcing company, reported a better-than-expected 7.5 percent rise in quarterly net revenue, led by a rebound in demand for its consulting services. Accenture forecast revenue of between $7.45 billion and $7.70 billion for the fourth-quarter.

  • MUMBAI, June 13- Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd will need to turn around a company that was once the poster child of India's $108 billion IT services industry.

  • Early movers: LULU, FB, AMZN, TWTR, GS, JNJ & more Thursday, 12 Jun 2014 | 7:51 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • June 12- Vishal Sikka is the first outsider to take the helm at Bangalore- based Infosys, India's second biggest IT services exporter. *Sikka was the first Chief Technology Officer at German business software maker SAP AG. He was also a member of the Executive Board of SAP AG, leading all products and driving innovation globally until he left the company in May.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, has for the first time picked an outsider as chief executive officer, as it seeks to boost sales of high-margin services like cloud computing and stem a staff exodus.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, named former SAP AG executive board member Vishal Sikka as Chief Executive Officer, the first time the company has not chosen one of its founders for the role. Infosys also said Executive Chairman N.R. Narayana Murthy and Executive Vice Chairman S. Gopalakrishnan would step down on June 14.

  • Early movers: AAPL, DISH, TWTR & more Thursday, 29 May 2014 | 7:47 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • India startups brave world of wearables Wednesday, 14 May 2014 | 7:17 PM ET

    A shoe that talks and a wristband that connects to a personal trainer: Welcome to the brave new world of wearable technology from India.

  • Billionaire: Capitalism bashers finally getting it Thursday, 1 May 2014 | 8:54 AM ET
    N.R.Narayana Murthy

    Socialism is in his heart, but Infosys billionaire Narayana Murthy says on May Day that "capitalism is the way forward."

  • NR Narayana Murthy defines business outsourcing Tuesday, 29 Apr 2014 | 7:00 AM ET

    Sparked a revolution in business-process services for Western multinationals and showed Indian IT companies could compete with the best in the world.

  • Midday movers: Twitter, Aaron's, Herbalife Tuesday, 15 Apr 2014 | 12:34 PM ET
    '#Ring!' is displayed on a mobile device as the company announced its initial public offering and debut on the New York Stock Exchange.

    Some of Tuesday's midday movers:

  • US stock futures gain after earnings; inflation data Tuesday, 15 Apr 2014 | 8:34 AM ET

    U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.