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Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #CommunicationsToday
Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress
Sikka, who takes over from the current CEO and MD SD Shibulal on August 1, brings in his extensive experience in products at enterprise software giant SAP. "Infosys is at the cusp of change...Infosys is all set to undergo a…
Infosys is standing at the "cusp of change" and will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, say analysts. Sikka, who takes over from the current CEO and MD SD Shibulal on August 1,…
India's second largest IT services provider Infosys Ltd surprised investors by posting a better-than-expected margins and net profit for April-June 2014 (Q1 FY2015). The company managed to beat consensus expectations with the consolidated net profit falling 3.5 percent sequentially to…
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, analysts said today. Sikka, who takes over from the current CEO and MD S…
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new chief executive Vishal Sikka, analysts say. Mr Sikka, who takes over from the current CEO and managing…
Though Infosys has managed to hire Vishal Sikka as its CEO, the company still has a huge task cut out for itself as it stares at an employee attrition rate of 19.5% for the June quarter. The company saw attrition…
Read More #GreyhoundInMedia: Infosys takes step to stop high attrition #Press #Media #DNA
Over 10,000 employees left the software major during the first quarter. Infosys will take another 3-4 quarters to curb attrition, which is at an all-time high with around 10,627 people having left the company in the first quarter of 2015 fiscal. In…
Read More #GreyhoundInMedia: Attrition woes continue at Infy #Press #Media #HinduBusinessLine
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, analysts said today. Sikka, who takes over from the current CEO and MD S D Shibulal…
Net profit rises 22% year on year on new order wins; co retains 7-9% revenue growth guidance. Infosys Ltd posted first-quarter profit that beat analyst estimates as India's second-largest software services company won more orders. Net profit rose 22% to Rs 2,890 crore…
Read More #GreyhoundInMedia: Infosys beats St ahead of new CEO takeover #Press #Media #DNA
Margins, volumes surprise; attrition at all-time high. India’s second largest information technology (IT) services company Infosys today cheered investors by throwing up a positive surprise on the margins and volumes growth front and posting earnings for April-June 2014 (Q1FY2015) on expected…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…