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 Nivedita Bhattacharjee MUMBAI (Reuters) – Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd will need to turn around a company that was once the poster child of Indias $108 billion IT services industry. Sikka, a former senior executive at […]
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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