Posts Tagged ‘India’
Infosys Disappoints: Economic and Operational Problems Affect Results
Expectations were high for the end of quarter results of India’s number two outsourcer, Infosys (NASDAQ:INFY). As the first of its peers to release quarterly results, the outsourcing company is responsible for setting the tone for India’s outsourcing sector. It was therefore a big disappointment when Infosys announced a 2.6% drop in profit for the period of April to June 2010.
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Tags: Accenture, ACN, Attrition, Cognizant, CTSH, Europe, Hiring, India, Infosys, INFY, NASSCOM, Offshoring, Outsourcing, Quarter, Results, Reuters, TCS, TRI, Wipro, WIT





