Infosys Q3 earnings: Infosys net rises 14 per cent
Bangalore: Infosys Technologies Ltd , India's No. 2 software services exporter, said quarterly profit rose 14 per cent, lagging market forecast as a firmer rupee and higher wage costs weighed on rising demand. Kicking off the earnings parade for the country's showpiece $60 billion IT services sector, Infosys reported net profit for the fiscal third-quarter ended December rose to Rs 17.8 billion ($396.4
Bangalore: Infosys Technologies Ltd , India's No. 2 software services exporter, said quarterly profit rose 14 per cent, lagging market forecast as a firmer rupee and higher wage costs weighed on rising demand. Kicking off the earnings parade for the country's showpiece $60 billion IT services sector, Infosys reported net profit for the fiscal third-quarter ended December rose to Rs 17.8 billion ($396.4
The year 2011 is likely to witness maximum number of private equity/venture capital exits in the history of Indian PE industry. The typical cycle of investment-exit is expected to get completed in