Wednesday, February 3, 2010
Infosys Technologies rides early recovery wave
India's Infosys Technologies (INFY.BO) finds itself in a sweet spot as recovery hopes take hold, with customers showing a new urgency to outsource operations, its chief executive said on Jan. 27.
India's No. 2 outsourcer was hit hard early in the downturn, reflecting its heavy exposure to the United States and financial services. But it is now coming out of the trough ahead of many other international companies.
"You are seeing a pent-up demand of projects coming our way," Kris Gopalakrishnan told Reuters on the sidelines of the World Economic Forum (WEF).
To read the full article, click here...
To read the ePaper, visit: http://www.newsindia-times.com
India's No. 2 outsourcer was hit hard early in the downturn, reflecting its heavy exposure to the United States and financial services. But it is now coming out of the trough ahead of many other international companies.
"You are seeing a pent-up demand of projects coming our way," Kris Gopalakrishnan told Reuters on the sidelines of the World Economic Forum (WEF).
To read the full article, click here...
To read the ePaper, visit: http://www.newsindia-times.com
Labels: infosys, infosys technologies, outsource operations
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