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Indian outsourcer
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Infosys Posted Strong Revenue Growth as Demand Picked up in Key Markets
Jul 16, 2013Infosys posted strong revenue growth in the second quarter as demand picked up in key markets including the U.S. However, the Indian outsourcer's net profit grew only 0.5 percent year on year as the company increased salaries for staff in ...
Tags: Computer Products
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Indian Outsourcer Infosys Saw Its Profit Drop Even as Revenue Grew in The First Quarter
Apr 16, 2013Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products
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Wipro's Fourth-Quarter IT Services Revenue Grew 4.8% Year on Year
Jan 23, 2013Wipro's fourth-quarter IT services revenue grew 4.8% year on year, reflecting an overall recovery in offshoring to India. The Indian outsourcer said Friday revenue from IT services in the quarter was $1.58 billion, as its customers ...
Tags: IT service, Wipro, India
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Tata Consultancy Services Had Strong Revenue and Profit Growth in The Fourth Quarter
Jan 16, 2013Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
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Profit Fell as a Result of a Wage Rise and Investments in Newer Businesses
Jan 15, 2013Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
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Satyam Computer Services :Funds of Its Fixed Deposit Accounts to Be Frozen for 150 Days
Dec 20, 2012Indian outsourcer Satyam Computer Services said Friday that about 8.22 billion Indian rupees (US$155 million) in its fixed deposit accounts will be frozen for 150 days by India’s Directorate of Enforcement in connection with charges ...
Tags: liquidity, outsourcing, satyam, satyam computer devices
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Indian Outsourcer Infosys Blamed Continuing Global Economic Uncertainties
Oct 12, 2012Indian outsourcer Infosys blamed continuing global economic uncertainties for a slide in year-on-year revenue growth in U.S.dollar terms,which declined to 2.9%for the third quarter,from 16.7%a year earlier. "It's still very choppy out ...
Tags: Indian outsourcer, Infosys, global economic uncertainties, net profit
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Infosys Tuesday Unveiled a Package of Services and Technologies
Aug 7, 2012Indian outsourcer Infosys Tuesday unveiled a package of services and technologies that aim to help companies deploying hybrid clouds. Fragmentation of enterprise workloads across technologies and services running on both private clouds ...
Tags: Infosys, self-service cloud hub, outsourcer, cloud system, Indian