|
|
News Breaks | | | | July 12, 2012 | | 07:28 EDT |  | INFY, PTI, WIT | Infosys CEO says clients not confident, outlook weak, NDTV reports
Infosys (INFY) CEO said the company's results and its visibility are being negatively impacted by a lack of confidence at large clients based on the macro environment, according to an interview summarized by NDTV Profit. The Fly notes that Infosys shares plunged in Indian trading after the company cut its guidance. Peers of Infosys include Wipro (WIT), which was also sharply lower in Indian trade, and Patni Computer (PTI). Reference Link | |
|
News For INFY;WIT;PTI From The Last 14 Days Check below for free stories on INFY;WIT;PTI the last two weeks. |
|
|
| June 13, 2013 | | 08:31 EDT |  | INFY | Infosys pay increases likely to pressure Q2 EPS, says Wells Fargo
After Infosys announced an approximately 8% pay raise for India-based employees and an approximately 3% raise for some non-India based employees, Wells Fargo notes that the company's EPS is usually down year-over-year after it announces pay increases. The Street currently expects EPS to be flat in Q2, notes the firm, which keeps a Market Perform rating on the stock. | | | 08:22 EDT |  | INFY | Infosys raises salary increments for FY14
 Subscribe for More Information | | | June 12, 2013 | | 07:35 EDT | | WIT | Wipro to hire over 1,000 in Germany, Economic Times reports
Subscribe for More Information | |
|
|
|
|
|
|
