IT services provider Infosys is seeing some 'softness' in clients after Britain voted in June to leave the European Union, a top company executive said during an analyst meet on Friday. Infosys will be in a better position by October to evaluate the impact of this on its earnings outlook for the current fiscal year ending March 31, 2017, Chief Financial Officer Ranganath D Mavinakere said. "We want to give a more accurate picture on guidance after we execute Q2," he said, adding that he was confident growth in the second quarter would be better than the previous three months.
Friday, 26 August 2016
Home »
» Infosys says seeing client-specific softness after Brexit-:- Equity Research
Infosys says seeing client-specific softness after Brexit-:- Equity Research
03:49
Related Posts:
Many prohibited drugs available in markets-:- Equity Research As many as 439 drugs, including brands like Phensedyl and Corex which have been banned for sale and distribution, but some of them continue to be available in the markets due to the intervention of courts, Chemicals and F… Read More
Coffee production likely to fall 8% this fiscal -:- Equity Research Domestic coffee production is likely to decline by eight percent in the current fiscal mainly due to lack of timely rains, government said today. "It has been estimated that there is a likelihood of decline in coffee pr… Read More
GAIL, Gazprom renegotiating LNG deal, says sources -:- Equity Research GAIL India is in talks with Russia's Gazprom to delay and renegotiate a 20-year gas purchase deal undercut by low spot prices, sources familiar with the matter say, as weak demand at home forces it to stall some … Read More
Govt not considering strategic sale of IDBI Bank-:- Equity Research The government today said it is not considering any proposal of strategic sale of state-owned IDBI Bank . Minister of State for Finance Santosh Kumar Gangwar in a written reply in the Rajya Sabha said: "No" … Read More
IOB, Central Bank to benefit from capital infusion -:- Equity Research Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said today. "The ca… Read More
0 comments:
Post a Comment