Sensex rises 120 pts in opening trade on Infosys results

The Bombay Stock Exchange benchmark index Sensex on Friday added nearly 120 points in opening trade, extending yesterday`s gains after IT bellwether Infosys announced better-than-expected quarterly results.

Infosys projects 5.4% Q3 revenue decline, declares 200% interim dividend

Infosys Technologies Ltd has projected revenue of Rs.54.76 bn (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY).

India faces challenge of creating global brands: Murthy

India may be the second-fastest growing economy in the world, but it faces the challenge of constantly being innovative and creating global brands, Infosys co-founder and chief mentor N R Narayan Murthy said.

Indian ADRs lose USD 1.19 bn in a week

Indian stocks trading on American
bourses lost over USD 1 billion last week, with IT bellwether
Infosys accounting for most of the losses.

Infosys plans pay hikes in October: Report

India`s second-largest software exporter Infosys Technologies plans to give pay hikes and promotions next month, a financial daily reported on Thursday, citing a senior company official.

Indian ADRs gain $3.4 bn in a week; Infosys major gainer

Led by IT bellwether Infosys Technologies, Indian stocks trading on American bourses gained more than USD 3 billion in a week.

Know Infosys` success secret

The three aspects of ensuring success for any entrepreneur was innovation, ability to use innovation to create service and products and add value to customers and the ability to communicate the value to customers.

We are over-hired, says Infosys COO Shibulal

Infosys Technologies Ltd, India`s second-ranked software exporter, said the business environment is challenging and clients are cautious in spending, although pressure for price cuts has eased.

`Infosys` success in transforming society`

Infosys is a stunning reminder of
what talent, ingenuity and hardwork can accomplish, Sonia Gandhi said.

Narayana Murthy showers praise on Sonia Gandhi

Software icon N R Narayana Murthy on Tuesday showered praise on UPA Chairperson Sonia Gandhi for her "sacrifice in the face of great temptation, grace and dignity in power and civility in the face of unjust and unfair criticism".

Sonia Gandhi bunks ‘political classes’

Overwhelmed by Infosys campus Gandhi said the visit gave her an opportunity to bunk political classes.

WB govt looking into giving land to Infosys, Wipro: Yechuri

Days after an ambitious IT
township project where Infosys and Wipro were supposed to set
up shop was scrapped, CPI(M) politburo member Sitaram Yechuri
on Sunday said the state government is looking into the matter.

Infosys targets $1 bn revenue in 3-4 yrs from India

With its key export market US yet
to show any signs of revival, Infosys on Thursday said it would bid for all big government projects in the country.

WB Govt shelves IT township project after another land row

West Bengal
government on Monday shelved the ambitious IT township project
where top companies including Infosys and Wipro were supposed
to set up their units.

Cash-rich Infy finding difficult to acquire cos at right price

Software major Infosys, which has a robust cash chest for sure and made no secret of its intention to buy out companies with strategic fit, is finding it difficult to acquire right firms at right price.

Indian ADRs gain over USD 2.60 bn, Infosys contributes most

Indian stocks trading on American bourses gained over 2.60 billion dollars last week with IT bellwether Infosys Technologies accounting for half of the gains.

Infosys, TCS, Wipro stocks rise on BP deal

Shares of IT majors -- Infosys, TCS
and Wipro – on Wednesday surged as much as four per cent on the Bombay Stock Exchange, following their five-year deal with British oil giant BP.

Infosys bags five-yr outsourcing deal from BP

The country`s second largest software exporter, Infosys Technologies, today said it has bagged a five-year outsourcing and support agreement from BP, one of the world`s major oil and gas companies.

Sensex up 111 points in opening trade

Extending its winning streak for the
fifth session in a row, the Bombay Stock Exchange benchmark Sensex on Wedneday rose by over 111 points in opening trade.

Infosys plans to raise $1 bn from govt contracts

Infosys Technologies, India`s second-largest IT services exporter, has bid for more than 10 large government projects in India as part of a drive to lower its dependence on the US market, an official said.