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Infosys shares pare losses; end nearly 2% up

After falling nearly 4 percent during the day, shares of the company recovered the losses and finally settled 1.68 percent higher at Rs 2,333.95 on the BSE.

Infosys ups debt MF exposure to record high; bank deposits dip

The country's most cash-rich IT firm Infosys has ramped up its investments in debt mutual funds to an all-time high of Rs 7,365 crore, while paring its bank deposits to the lowest level since June 2010.

Infosys ups revenue guidance, shares soar 17%

This would translate into a growth of 6.5 percent in revenues over last year against earlier forecast of 5 percent.

Infosys scouting for chief to head BPO business

Software services major Infosys Friday said the company has started the process of finding a new chief executive for its BPO business in view of Swami Swaminathan's approaching retirement in July.

Wage hike for onsite workers; promotions for upto 9,000: Infosys

Country's second largest software firm Infosys Friday said it will promote about 9,000 people and hike salaries of onsite employees by 2-3 percent in the ongoing quarter.

Ex-employee withdraws lawsuit against Infosys after settlement

Infosys Friday said its former US employee Satya Dev Tripuraneni has withdrawn his lawsuit against the company following "successful mediation".

Infosys ranked second in IAOP Global Outsourcing 100 List

Infosys on Monday said it has secured second position in the "2012 Global Outsourcing 100 List" compiled by International Association of Outsourcing Professionals (IAOP).

Infosys focusing on products and platforms: Kamath

IT bellweather Infosys is on course correction to cope with paradigm shift in technology business from traditional services business to products and platforms, its Chairman K V Kamath Saturday said.