infosys - News, Features, and Slideshows

News

• Indian outsourcing trade body forecasts recovery

  India's provision of outsourcing services to other countries will grow by 12 to 14 percent in the fiscal year starting April 1, a trade body predicted Tuesday.

• Report: Hewlett-Packard has suitors for Autonomy, EDS divisions

  A number of parties have expressed interest in buying Hewlett-Packard's Autonomy software business as well as its EDS services arm, according to a Wall Street Journal report published Wednesday.

• Tata posts strong revenue, profit growth as offshoring recovers

  Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering.

• Infosys revenue rises, but costs cut into profits

  Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses.

• Tata posts strong revenue growth despite economic conditions

  India's largest outsourcer, Tata Consultancy Services, reported on Monday strong revenue and profit growth in the quarter ended Sept. 30, despite difficult economic conditions in some of its key markets in the U.S. and Europe.

• Infosys reports strong financial results in difficult times

  India's second-largest outsourcer, Infosys, reported strong revenue and profit growth for the quarter ended Sept. 30, despite concerns about economic problems in its key markets in the U.S. and Europe.

• OpenWorld 2011 news roundup

  All the news and pictures from Oracle's flagship event in San Francisco

• OpenWorld 2011: Infosys seeks high-value IT work

  Infosys chief S.D. Shibulal has signaled his intention to add more Australian customers to its books as the Indian outsourcing company moves into a period of expansion into higher-value consulting and systems integration work.

• Infosys offers business platforms from the cloud

  Infosys, India's second largest outsourcer, is offering business platforms on a subscription model from the cloud, as part of its strategy to focus on intellectual property to boost revenue, the company's new CEO and managing director said.

• Budget cuts and uncertainty ahead for Indian outsourcers

  Economic problems in the U.S. are likely to lead to cuts in IT budgets, of up to 10 percent in some cases, according to a report released Monday by Offshore Insights, a research and advisory firm in Pune, India.

• Indian outsourcers see opportunity in U.S. credit downgrade

  India's National Association of Software and Service Companies (Nasscom) said Monday that an economic slump in the U.S. will benefit Indian outsourcers, as U.S. customers look to cut costs.

• Outsourcing slumps in the second quarter

  Outsourcing declined worldwide by 18 percent to US$16.4 billion in the second quarter because of weak demand in the Americas and an overall drop in the number of large contracts awarded, sourcing data and advisory firm TPI said on Wednesday.

• Wipro's growth lags competitors' despite offshoring boom

  Wipro's second-quarter revenue grew, the company reported Wednesday. However, its larger competitors, Infosys and Tata Consultancy Services, grew faster.

• Infosys eyes products as a business opportunity

  Infosys is investing in a products and platforms business that will help it break its dependence on its traditional "time and materials" model, under which contracts are priced on the basis of the duration of a project and the number of staff working on it.

• Indian outsourcers' quality hit by staff issues

  The service quality at top Indian outsourcers is dropping as they scramble to hire staff to cope with an unexpected surge in demand, analysts said.