BENGALURU : Infosys Ltd on Thursday forecast slower revenue growth for the current fiscal year compared with analysts' expectations, amid a turmoil in the U.S. banking sector that has prompted clients to tighten spending. India's second-largest IT services firm expects revenue growth of 4 per cent-7
BENGALURU : Infosys Ltd on Thursday forecast slower revenue growth for the current fiscal year compared with analysts' expectations, amid a turmoil in the U.S. banking sector that has prompted clients to tighten spending.
India's second-largest IT services firm expects revenue growth of 4 per cent-7 per cent for the fiscal year ending March 2024. Analysts expected growth of 10.73 per cent for the period, according to Refinitiv IBES data.Source: Reuters
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's TCS beats Q4 profit view as deal momentum intactBENGALURU :Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India's top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. The company's net profit rose 14.8 per cent to 113.92 billion rupees ($1.39 billion)
Read more »
China and India ‘bright spots’ in world economy, despite gloomy global growth outlook: IMF officialThe two most populous countries in the world are expected to account for about half of all global economic growth this year, according to the IMF.
Read more »
India says Ukraine asked for more medical suppliesUkraine has invited Indian companies to help rebuild the country battered by Russia’s invasion. Read more at straitstimes.com.
Read more »
Japan proposes industrial hub in Bangladesh with supply chains to IndiaNEW DELHI Reuters) - Japan has proposed developing an industrial hub in Bangladesh with supply chains to the landlocked northeastern states of India, and to Nepal and Bhutan beyond by developing a port and transport in the region, officials said on Tuesday.It comes after Japanese Prime Minister Fumio Kish
Read more »
India's TCS beats Q4 profit view as deal momentum intactBENGALURU :Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India's top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. The company's net profit rose 14.8 per cent to 113.92 billion rupees ($1.39 billion)
Read more »
Tighter ties between China and Russia worry IndiaAnalysts say the more leverage China gets with Russia, the trickier it will become for India. Read more at straitstimes.com.
Read more »