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Infosys Technologies
Infosys BPO restructures procurement biz
Posted by :
Infy_fan_alwaysTracked by: 0 Boarder
Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies has reorganised its procurement business to provide end-to-end solutions across the entire ‘source-to-pay’ cycle to broaden its service offerings and customer base.
The services under the new practice include e-procurement, supplier management, contract management, strategic sourcing and spend management.
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iNFOSYS
Posted by : zoombusinessTracked by: 0 Boarder
The chief executive of Infosys Technologies, India\'s second-largest software services exporter, said the business environment remained challenging but there was no move by clients for lower prices.
Nasdaq-listed Infosys is finding new business opportunities despite an uncertain global economic environment, S. Gopalakrishnan said on Wednesday.
\"We see opportunities with existing clients, we see opportunities with new clients,\" he said.
\"We need to accelerate growth with new clients,\" he said.
Last month, Infosys, which develops applications, designs supply chains and offers back-office services, reported a 21 per cent rise in quarterly profit but warned of challenging times ahead as its major Western clients battle weakening economies.
Indian outsourcing firms such as Infosys and its bigger rival Tata Consultancy Services are expanding to Europe, Asia, the Middle East and Latin America to cut their dependence on the United States. -TFE
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Infosys expected to touch 1860 by mid next week
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
The Dollar is getting very strong and continuing its journey in the northern direction. In today's early trade the greenback was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.
This is in reminiscence of the Great days of 'Indian IT'. The game is on the cards now and it is the best time to be in Indian IT considering all aspects, and safer to be in IT bellwether Infosys....
In reply to:
Infosys expected to touch 1860 by mid next week
Posted by : Infy_fan_always
The Dollar is getting very strong and continuing its journey in the northern direction. In today\\`s early trade the greenback was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.
This is in reminiscence of the Great days of \\\\ 
Infosys expected to touch 1860 by mid next week
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
The Dollar is getting very strong and continuing its journey in the northern direction. In today\\`s early trade the greenback was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.
This is in reminiscence of the Great days of \\\\...
In reply to:
Infosys expected to touch 1860 by mid next week
Posted by : Infy_fan_always
The Dollar is getting very strong and continuing its journey in the northern direction. In today\\`s early trade the greenback was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.
This is in reminiscence of the Great days of \\\\
Infosys expected to touch 1860 by mid next week
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
The Dollar is getting very strong and continuing its journey in the northern direction. In today\\`s early trade the greenback was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.
This is in reminiscence of the Great days of \\\\...
Will Infosys dole out cash to investors?
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
Infosys expected to touch 1860 by mid next week.
Cheers! ...
In reply to:
Will Infosys dole out cash to investors?
Posted by : stockhot
big resis: at 1719 for more tips visit wvw.sharekhoj.kom
Will Infosys dole out cash to investors?
Posted by : stockhotTracked by: 0 Boarder
big resis: at 1719 for more tips visit wvw.sharekhoj.kom...
In reply to:
Will Infosys dole out cash to investors?
Posted by : Infy_fan_always
Infosys expected to touch 1860 by mid next week.
Cheers!
Will Infosys dole out cash to investors?
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
Infosys expected to touch 1860 by mid next week.
Cheers!...
In reply to:
Will Infosys dole out cash to investors?
Posted by : Infy_fan_always
You can call it a treasury company after all, as Infosys stack up piles of dollars the dilemma for the management is where to invest this money.
According to V Balakrishnan, CFO, Infosys Technologies, the company is looking out for acquisitions, and if it don't get attractive returns it will give back the cash to share holders.
So good news for the shareholders as they could look forward to some of that cash in form of fatter dividends or even buy backs, as valuations of IT firms are at mouthwatering levels in the current market.
Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
The greenback is still very strong and continuing its journey in the northern direction.In today\\`s early trade dollar was trading at a high of 43.86 INR/USD, and it is expected to be around 44.5-45 INR/ USD for the full year.This is in reminiscence of the Great days of \\\\...
NSE Announcements on Infosys
Posted by :
MMB MessengerTracked by: 0 Boarder
Infosys Technologies Ltd. has informed the Exchange regarding a press release dated August 19, 2008, titled "Infosys Technologies files quarterly report on Form 6-K with U.S. Securities Exchange Commission". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Infosys
Posted by : MMB MessengerTracked by: 0 Boarder
Infosys Technologies Ltd has informed BSE regarding a Press Release dated August 19, 2008 titled "Infosys Technologies files quarterly report on Form 6-K with U.S. Securities Exchange Commission"...
Outlook on Infosys revised to positive
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
Standard & Poor's Ratings Services today revised its outlook on the corporate credit rating on Infosys Technologies Ltd. (Infosys) to positive from stable. At the same time, Standard & Poor's affirmed the 'BBB' rating on Infosys.
The Indian-based IT services company reported 43% revenue growth for the fiscal year ended March 31, 2007, to US$3.1 billion, from US$2.2 billion in fiscal 2006. It is among the top three IT services company in India with net income of US$850 million for fiscal 2007.
"The corporate credit rating reflects the conservative financial policy and profile of Infosys, where the company remains debt-free as at March 31, 2007," said Standard & Poor's credit analyst Wee Lee Cheng. "The company also continues to improve its business and customer diversity in North America and Europe. In addition, Infosys has been increasing its new services, especially in package, consulting and business process management while maintaining its basic development and maintenance services base."
This strong revenue growth is also supported by the company's superior and improving cost efficiency where it still manages an efficient cost structure and high quality workforce in an industry there is continuing staff attrition and wage inflation.
The rating on Infosys is likely to be raised if there is further significant diversity in geographic, customer, industry or product services offerings while maintaining operating margins above 25% with modest financial risk profile and high liquidity position.
The above strengths are partly balanced by the company's continual investment in high capital expenditure and training, where the company had committed capital expenditures of at least US$150 million for fiscal 2008. In addition, Infosys operates in a highly cyclical and competitive IT services industry where it faces constraints in its India-based operations and visa restrictions for some overseas markets for its on-site work.
Infosys is also exposed to foreign exchange fluctuations where 95% of its revenue is from overseas contracts in U.S. dollars and the euro, while its operating expenses are largely denominated in local currency. Although Infosys hedges its foreign currency exposure for at least two quarters, the company's profitability is nevertheless affected by currency movements. The company estimates that a 1% appreciation of the Indian rupee can reduce operating margins by as much as 50 basis points.
Infosys has excellent liquidity, with cash and bank deposits of US$1,362 million (excluding deposits with corporations), which made up about 44.3% of total assets at March 31, 2007. In addition, the company also has deposits with corporations of US$41 million. Standard & Poor's expects Infosys' liquidity to remain very strong, and be more than sufficient to cover the company's entire debt-like contingent liabilities (present value of operating leases), which is estimated at US$76 million.
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Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
Other services that are currently in beta form, are Electronic Shelf Talkers (to enable dynamic exchange of product information including pricing), In-store Energy Management (to allow retailers to control lighting and HVAC usage based on need and occupancy), and Perpetual Checkouts (to allow shoppers to continuously ring items as they buy and pay automatically, thus avoiding lengthy checkout lines)....
In reply to:
Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_always
Dollar shot up to a mind boggling figure of 43.62 INR/USD in intraday and is currently trading at 43.59 INR/USD.
Best time to be in Indian IT considering all aspects, and safer to be in IT bellwether Infosys.
Cheers!
Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
The greenback is still very strong and continuing its journey in the northern direction.This is in reminiscence of the Great days of "Indian IT". The game is on the cards now and it is the best time to be in Indian IT considering all aspects, and safer to be in IT bellwether Infosys...
In reply to:
Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_always
This is the perfect time to enter the IT bellwether.
The next two months are going to be good times for Infosys investors.
The changed market conditions, aided by a weakening rupee and its own market
strategy has placed Infosys at an enviable position among the Indian IT industry,
not to mention among the other industries , which are all bleeding under heavy inflation.
The rupee has lost over 140 paise in the past one week.
The bold changes made under the new management helped Infy look out for growth.
Till now Infy was enjoying the highest profitability of 30-32 % in the sector, thanks
to its focus on software products.
For Infosys the experience from projects handled over serveral years helped some companies give the shape of a product. 27 years after it was set up, Infosys’s banking product Finnacle earned nearly 3% of its fiscal 2008 revenues (Rs. 470 crore or nearly $111 million) from licensing of its banking product in India. The banking business unit, which is focusing more and more on products, contributes 3.6% of its overall revenues
This quarter Infosys has come with with its breakthrough retail software Shoppingtrip 360.
We will have to wait and watch closely for the turning point.
Infosys to touch 2100 before Q2 results.
Posted by : Infy_fan_alwaysTracked by: 0 Boarder
Dollar shot up to a mind boggling figure of 43.62 INR/USD in intraday and is currently trading at 43.59 INR/USD.
Best time to be in Indian IT considering all aspects, and safer to be in IT bellwether Infosys.
Cheers!...
In reply to:
Infosys to touch 2100 before Q2 results.
Posted by : market.analyzer
Infosys promises "paradigm shift in in-store shopping experience" through ShoppingTrip360
India's IT bellwether Infosys Technologies has launched ShoppingTrip360, a platform that enables retailers and consumer product manufacturers to track, on a real-time basis, information on shoppers' buying behavior.
"ShoppingTrip360 is a managed information service that offers visibility to shopper and shelf activity with unprecedented granularity by leveraging an in-store network of wireless sensor based applications," Infosys Technologie said in a statement.
In other words, the technology can serve as the basis for a variety of applications at the retail level, such as better planning of store layout, including checkout counters; better utilization of electricity; location of new products and promotions; and using location-based services to reach out to in-store customers on their mobile phones.
"With features that empower shoppers to participate in the network using their personal cell-phones, the service allows people (shoppers), places (retailers) and products (CPG or consumer packaged goods companies) for the first time to collaborate in real time at the point of purchase. This permission based implicit and real-time exchange of information is a paradigm shift in in-store shopping experience," it said.
The solution, Infosys said, "enables an information ecosystem where shoppers, CPG manufacturers and retailers can all win. Manufacturers and retailers get unprecedented visibility into shopper and shelf activity. Timely knowledge of shopper movement and shelf activity can help retailers and CPG manufacturers take informed decisions to ensure shoppers have the products where, when and the way they want it. A shopper, in turn, benefits from getting personalized and improved service at the store and out of it."
ShoppingTrip360 currently offers solutions such as Store Heat Maps (to track movement of shopping carts within a store and provide insights like shopper concentrations, cart paths, etc.), Smart Shelf Pads (to track inventory and monitor storage condition of products in-shelf), Shopper Concierge (a cell-phone based concierge application that can manage shopping lists and other reminders for shopper as well as allow the shopper to access location and context specific incentives and product information), and Smart Visual Merchandising (a rich user experience platform where shoppers can interact and get information on products while at the same time get recommendations on related products).
Though there are niche companies that offer point solutions comparable to specific services of the ShoppingTrip360, yet, there are none that offer a comprehensive unified service, Infosys said.
"Shopping Trip 360 is really a consolidation of some of the research we have been doing in the retail industry. It takes all the point solutions which we have deployed and combines that to create what we believe to be the next wave of innovation. This then brings that online experience back into the store, into the physical world and creates an environment which is as rich in terms of applications, in the information it can provide," Kris Gopalakrishnan, CEO, Infosys Technologies, said.
"Retailers and CPG companies are seeking new ways to collaborate seamlessly in order to better understand and engage their shoppers in today's hyper-competitive landscape. Infosys has developed a roadmap for the ShoppingTrip360 platform to enable future applications based on the real-time collaboration between shoppers, retailers and CPG brands. ShoppingTrip360 answers this need," said U.B. Pravin Rao, senior vice president (retail, consumer packaged goods and logistics), Infosys Technologies.
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