Friday, April 13, 2007

Infosys Q4 jumps, forecasts slower year growth

(Reuters) - Infosys , shares rose as much as 3.8 percent, helping push up Mumbai's benchmark index 2.1 percent.

Infosys, the first big software firm to report quarterly earnings, said it was confident going forward, though a firmer rupee trimmed margins by 1 percent in January-March, and visa and wage costs may erode margins by 200 basis points in April-June.


Read more at Reuters.com Hot Stocks News

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