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Infosys

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Infosys, India’s second biggest IT outsourcer on Monday announced that it has signed a definite agreement to acquire US-based automation technology company Panaya, in an …

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Under constant pressure over the mass departure of its staff, India’s second largest software and outsourcing company Infosys Ltd. appointed SAP AG executive board …

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Infosys Ltd sadly let down markets and analysts with its forecast for the new fiscal year began April. Concurrently, the India’s No. 2 services exporter released its data on the fourth quarter showing that its quarterly profit climbed about 3.4 percent. The news was not welcomed by markets as stock prices drastically dropped after the statement.

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Infosys Ltd., India software services provider, disappointed investors with weaker-than-expected margins and a revenue outlook that it left unchanged. Infosys’ shares dropped by approximately 9 percent, the most in six months despite the fact that the company saw a 24 percent growth in profit for the quarter that ended in September from the same period last year.

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One of the most reputed names in technology and consulting around the world, Infosys, made an announcement today regarding a definitive deal worth an average enterprise value of CHF 33 million in cash to gain a foremost international management consultancy company, Lodestone Holding AG. Lodestone, which has its headquarters in Zurich, is responsible for advising many global corporations on approach and process optimization.

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