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Jan19
Infosys' good show in third quarter
The barometer of Indian outsourcing health can be perceived by the third quarter result of Infosys Technologies. The forecast may read like this: Budgetary estimates are still rising for offshore outsourcing, and India's leading IT and outsourcing companies still struggling with targeted turnover and wage increases. Let's look at the number now. Infosys has posted a revenue of $821 million and earnings per American Depository Share of 39 cents. The result is optimist in the sense that it topped Thomson Financial estimates by mere 2 cents. Two of the key issues that Infosys has to deal with are wage increment and turnover. It seems like have put Wall Street in a bit discomfort. Increased wage can can creep into future and present contracts and turnover can hold back IT project continuity.

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« CSC signs $50 million outsourcing contract with John Hancock Financial Services | Main | F&A outsourcing market to grow by 30%: Everest Study »

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