Outsourcing Times

October 12, 2004

Infosys Profits Spike on Outsourcing Boom

The rise in outsourcing has seen India's second-largest software provider Infosys experience a 49% jump in quarterly profits.

According to the Financial Times:

Better demand in its prime U.S. market helped Infosys as it set the mood for the technology earnings season. Industry leader Tata Consultancy Services was scheduled to report its first quarterly results since listing on Tuesday while third-ranked Wipro Ltd. is expected to report on Friday.

Read more: Infosys profits jump 49% on outsourcing

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October 12, 2004 in Corporate | Permalink

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