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Markets tumble for 2nd week on disappointing Infosys results

Last Updated: Saturday, April 13, 2013, 14:18

Sensex has lost 593.21 points or 3.15 percent in two weeks. Previously, it had settled at 18,021.16 on September 13, 2012.

Infosys tanks 22% on muted guidance; m-cap dives Rs 35,740 crore

Last Updated: Friday, April 12, 2013, 17:59

The disappointing revenue forecast prompted investors to offload the stock, pulling it down by over 22 percent to Rs 2,268 during the day.

Infosys Q4 net up 3.3%; muted guidance sends shares tumbling

Last Updated: Friday, April 12, 2013, 09:44

The IT major pegged a revenue guidance of 6-10 percent, which is lower than that of IT body Nasscom, which expects industry to grow by 12-14 percent in the current fiscal.

Infosys shares rally 4%; adds over Rs 6,000 cr to m-cap

Last Updated: Thursday, April 11, 2013, 17:36

Shares of Infosys on Thursday ended with a nearly 4 percent gain, adding over Rs 6,000 crore to its market value ahead of its quarterly results, to be announced Friday.

After difficult Q4, Infosys warns of challenging times ahead

Last Updated: Friday, April 13, 2012, 13:18

Warning of challenging times ahead for the software industry, Infosys today forecast a below-expected revenue growth for this fiscal as global economic uncertainties are likely to lead its clients to squeeze budgets.

Infosys to hire 35,000 in FY'13

Last Updated: Friday, April 13, 2012, 11:36

Country's second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations.

Infosys stock tanks nearly 11% on muted revenue guidance

Last Updated: Friday, April 13, 2012, 10:50

Shares of IT bellwether Infosys tumbled by about 11 percent in early trade today following weak revenue guidance by the company for the current fiscal, 2012-13, disappointing investors.

Infosys Q4 profit up 27.4%; revenue, FY13 guidance disappoints

Last Updated: Friday, April 13, 2012, 09:41

IT major Infosys on Friday posted 27.4 percent rise in Q4 profit but could not meet its own revenue estimates for the fourth quarter ended March 31, and has projected below-average growth for this fiscal by forecasting tough times ahead for the entire sector.