Advertisement

HindustanTimes Thu,24 Apr 2014

Is Infosys back on track?

Livemint  Bangalore, October 11, 2013
First Published: 11:17 IST(11/10/2013) | Last Updated: 11:21 IST(11/10/2013)

Infosys, under Narayana Murthy, is being conservative with its guidance. Besides, not too long ago, the company had faced embarrassment by missing its own guidance targets—causing it to even discontinue its practice of giving a quarterly guidance.

While this is true to some extent, it’s also true that Infosys continues to face its own internal challenges, including the recent exit of some senior executives. Besides, the company’s revenue mix and focus has been on areas which have lagged in terms of growth; although this is now being corrected by an increased focus on traditional bread-and-butter services.

Read More

Advertisement
more from Business

Facebook profits nearly triple to $642 million

Facebook profits nearly tripled to $642 million in the first quarter on a 72 percent surge in revenues, helped by gains in mobile users and mobile advertising, the company reported Wednesday.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved