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Infosys Ltd ADR (NYSE:INFY) Financial Results Dampens Hopes Of A Quick Turnaround

Infosys Ltd ADR (NYSE:INFY), India’s software services exporter company, reported quarterly net profit that was below analyst expectations. The dismal numbers indicate that it will take time for the new management to bring back the company on the strong growth path. The company, once a leading entity of India’s $150 billion IT services market, has […]

Infosys Ltd ADR (NYSE:INFY): Pioneering Innovation

Boston, MA 04/17/2014 (wallstreetpr) – Infosys Ltd ADR (NYSE:INFY) provides technology, business consulting, engineering and outsourcing services. It is committed to providing customer service par excellence, and this strategy helps it retain its clients. Nearly 98 percent of its revenue comes from existing clients. A massive army of over 160,000 employees worldwide guided by the vision […]

Bank of America Corp (NYSE:BAC) Job Cuts Mean More Outsourcing?

Boston, MA 01/28/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) is expected to announce more job cuts this time in its technology division as some reports in the Indian media suggests. Such job cuts while detrimental to American interests may be good news to the Indian ones. More Job Cuts And More Outsourcing? A recent report […]

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