By Nivedita Bhattacharjee and Sumeet Chatterjee MUMBAI (Reuters) – Indias second largest IT services exporter Infosys Ltd is under pressure to bring in a new chief executive soon to check an exodus of junior staff and reassure investors after a slew of departures at the top. Shares in Infosys, the most widely held Indian stock, […]
By Nivedita Bhattacharjee MUMBAI (Reuters) – Infosys Ltd, once a bellwether for Indias $100 billion-plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore-based company struggles to regain ground lost to rivals. Current and former […]
BANGALORE (Reuters) – Infosys Ltd, Indias second largest IT services exporter, reported a 25 percent increase in quarterly net profit, beating estimates, as it added new clients including Chinese-owned Swedish automaker Volvo Car Corp. The Bangalore-based companys consolidated net profit for the fiscal fourth quarter ended March 31 was 29.92 billion rupees ($496.72 million), compared […]
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