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India's Infosys raises bottom end of revenue outlook
TechXplore· 2025-10-16 17:09
Core Insights - Infosys raised its revenue forecast for the current fiscal year after reporting stronger-than-expected results for the July-September quarter [1] - The company is experiencing a slow revival in client spending despite facing challenges from global uncertainties and trade tensions [3][4] Financial Performance - Infosys reported a 13.19% year-on-year increase in net profit to 73.6 billion rupees ($837.7 million) for the July-September quarter, surpassing analyst expectations [4] - Revenue rose 8.5% year-on-year to 444.9 billion rupees, exceeding forecasts of 439.29 billion rupees [4] Revenue Outlook - The company now expects revenue growth of 2% to 3% on a constant-currency basis for the current financial year, up from the previous forecast of 1% to 3% [3][4] - Infosys continues to make strategic investments to ensure business resilience amid high uncertainty [5]
India's Infosys narrows annual revenue growth forecast
Reuters· 2025-10-16 10:45
India's second-largest software services exporter Infosys narrowed its revenue growth forecast for the year on Thursday to 2%-3% from 1%-3%, even amidst slowing demand in a challenging macroeconomic e... ...
Rimini Street to Report Third Quarter 2025 Financial Results on October 30, 2025
Businesswire· 2025-10-14 16:00
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on October 30, 2025. The company will host a conference call and webcast on that date to discuss the third quarter and the 2025 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live. ...
天价离婚,“分手费”可达34亿元
Yang Zi Wan Bao Wang· 2025-10-12 09:43
扬子晚报网10月12日讯(记者范晓林薄云峰实习生魏静萱)神州数码(000034)10月10日晚发布公告称,公司控股股东、实际控制人郭为近日收到北京市海 淀区人民法院的《民事判决书》,就郭为与郭郑俐的婚姻家庭纠纷案件作出一审判决。 神州数码公告。 10月11日,神州数码股价以43.06元/股收盘,市值为315.88亿元。 神州数码称,由于上述诉讼判决为一审先行判决,目前无法预计最终诉讼结果,公司实际控制权是否发生变动存在不确定性。公司与控股股东、实际控制 人在资产等方面完全分开,具有独立完整的资产、业务体系及自主经营能力。 公开资料显示,郭为,1963年生于河北省秦皇岛市,中国科学技术大学管理学硕士,高级工程师,现任神州数码集团股份有限公司董事长、神州数码控股 有限公司董事局主席、神州数码信息服务集团股份有限公司董事长。2025年9月30日因婚姻家庭纠纷被北京市海淀区人民法院一审判决离婚,其名下 7738.89万股神州数码股份被司法冻结,占其所持公司股份的50%,占公司总股本的11.56%,冻结到期日为2028年1月21日。对应市值约33.94亿元。 郭郑俐毕业于美国布朗大学,获电气工程学士学位和硕士学位,还获 ...
India's TCS beats quarterly revenue estimates, sees better growth in H2
Yahoo Finance· 2025-10-09 10:29
By Haripriya Suresh and Sai Ishwarbharath B BENGALURU (Reuters) -Tata Consultancy Services, India's top software-services exporter, beat second-quarter revenue estimates on Thursday, aided by strength in its banking, financial services and insurance segment, and said it expects better growth in the second half of the fiscal year. The results boosted optimism around the country's $283 billion IT sector, which has been dealing with cautious client spending amid economic uncertainties, especially in North A ...
Trump's visa storm masked TCS's AI woes. They are back in focus
MINT· 2025-09-30 00:35
Tata Consultancy Services Ltd’s struggle to sell AI services and products to clients is back in the spotlight, even as the legacy offshoring business grapples with uncertain demand and barriers in the US, its largest market. Siva Ganesan, who took over as AI.Cloud business head in July 2023 at India’s largest software services provider, quit earlier this month, according to two people aware of the matter. His exit followed the appointment of company veteran Amit Kapur to lead its new AI unit. Two bosses fo ...
Trump’s visa fee hike is not the only worry. Hostility mounts for Indian IT in US
MINT· 2025-09-28 23:30
Even as US President Donald Trump’s steep hike in H-1B visa fee threatens to hit Indian software services providers, US lawmakers and agencies have separately intensified the scrutiny of the offshoring sector.Homegrown Tata Consultancy Services Ltd, the country’s largest information technology (IT) services company, and India-heritage Cognizant Technology Solutions Corp. were among the companies targeted by two senators, Republican Charles E. Grassley and Democrat Richard J. Durbin, over hiring practices. A ...
Trump’s dual shocks thwart bets on Indian stock market rebound
BusinessLine· 2025-09-27 04:45
Call it a case of bad timing for Indian stock bulls. Donald Trump has dealt two fresh blows to investor sentiment just as the market was showing signs of a turnaround.The MSCI India Index has fallen in all five sessions since the US President signed an order to overhaul the H-1B visa programme — a move that risks disrupting India’s $280 billion software services industry. His plan to impose a 100 per cent duty on branded or patented pharmaceuticals saw Indian drugmakers join an Asia-wide selloff on Friday.P ...
X @Bloomberg
Bloomberg· 2025-09-27 00:24
Market Trends & Industry Dynamics - The MSCI India Index has experienced declines in all five sessions following the US President's order to overhaul the H-1B visa program [1] - The US President's order poses a risk of disrupting India's $280 billion software services industry [1]
软件服务板块走强,品茗科技20%涨停
Mei Ri Jing Ji Xin Wen· 2025-09-25 02:20
(文章来源:每日经济新闻) 每经AI快讯,9月25日,软件服务板块走强,品茗科技20%涨停,佳发教育、兴图新科、中科软、数据 港、中科通达等涨幅居前。 ...