Infosys beat estimates with a 21.6 percent rise in quarterly net profit and retained sales growth outlook on demand for outsourcing services.» Read More
Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.
A decisive win by India's capitalism party over rival communists triggered the largest gains in stocks in about two decades. How should you be trading?
Comments from home improvement giant Lowe's sent the bulls running early on Monday. But how far will they go?
Emerging markets will be the drivers of global growth, said Justin Leverenz, portfolio manager at Oppenheimer Developing Markets. He offers three stock picks to play the trend.
CNBC.com's coverage of The World Economic Forum has enjoyed three high-profile business leaders as contributors this week. Alcatel-Lucent CEO Ben Verwaayen, Infosys CEO Kris Gopalakrishnan and Nasdaq OMX CEO Robert Greifeld have all added their perspectives on Davos to our Heard in Davos blog.
Infosys CEO Kris Gopalakrishnan is guest blogging for CNBC.com at WEF. Here are some of his thoughts he related to us as the event gets underway, including what he hopes to see from the sessions, what his company discloses on banks and what he hopes to see at the buffet table.
Kris Gopalakrishnan, CEO of Infosys, considers what the main issues addressed at the conference will be and how everyone stands to benefit from the conference.
Following are the day’s biggest winners and losers. Find out why shares of Fortress Investment Group and Infosys popped while Sony and Barclays dropped.
Stocks in the coming week will start to navigate a mine field of fourth quarter earnings reports and economic data, none of which is expected to be good.
When S. Gopalakrishnan walked into the interview room, there was no fuss and fanfare. You can't help but think what a nice and humble man he is. But don't underestimate the soft-spoken CEO who co-founded Infosys 27 years ago.
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
India’s economy is the twelfth largest in the world in terms of GDP measured in US dollars, with a solid $1.10 trillion in GDP for 2007. Here are stats and stocks from India.
Wipro, India's third largest information technology outsourcer, missed forecasts with a 15 percent rise in quarterly profit, as the global economic downturn hurt demand from its major Western clients.
India's Infosys Technologies beat expectations with a 21% rise in quarterly profit thanks to a weaker rupee, and raised its full year guidance on hopes for a revival in outsourcing demand.
Erin Burnett has been travelling the globe in search of the market movers of tomorrow. So far she has been to Dubai, will be in Mumbai, India tomorrow and goes to London next week. Here are some stats on the economies she has visited.
There's been lots of speculation about why HP is willing to shell out nearly $14 billion for EDS when that company's shares have flat-lined recently. Why spend a 30 percent premium on an also-ran player in services and technology outsourcing?
Hewlett-Packard has struck a deal to buy Electronic Data Systems for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM.
Is the global growth trade back on after S&P upgraded Brazil’s sovereign debt this week?
All three major indexes finished slightly higher Tuesday, led by energy and bank stocks, as investors processed some not-horrible earnings results. Airline stocks skidded amid concerns about fuel prices and viability.
Stocks traded mixed Tuesday as not-horrible earnings failed to quell market jitters about earnings.