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.
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.
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.
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.
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.
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.
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.
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.
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