BANGALORE (Reuters) – Infosys Ltd, Indias second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates, as it won new outsourcing contracts from overseas clients. Consolidated net profit for the quarter ended June 30 rose to 28.86 billion rupees ($480.20 million) from 23.74 billion rupees in the same year-ago period, […]
By Lehar Maan and Soham Chatterjee BANGALORE (Reuters) – Infosys has enough senior managers to run the business even if more executives leave Indias second-largest IT services exporter, its founder said on Saturday, after a spate of staff exits triggered concerns about a leadership vacuum. N.R. Narayana Murthy played down the departure of at least […]
By Nivedita Bhattacharjee and Sumeet Chatterjee MUMBAI (Reuters) – Infosys Ltd, Indias second-largest IT services exporter, has for the first time picked an outsider as chief executive officer, as it seeks to boost sales of high-margin services like cloud computing and stem a staff exodus. Vishal Sikka, a former member of executive board at German […]
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