You are here: Home » Reuters » News
Business Standard

Infosys forecasts revenue rise, flags special dividend


(Reuters) - Infosys on Friday forecast its revenue in the current fiscal year would rise by 6 to 8 percent as India's second-biggest software services exporter said it would pay shareholders a special dividend.The results were the first for a full quarter under chief executive Salil Parekh who joined Infosys in January with the task of restoring growth and ensuring peace between Infosys founders and the board after an acrimonius spat last year. The forecast for full-year revenue growth was slightly below brokerage firm Macquarie's 6.5 to 8.5 percent forecast. The IT firm said it would stick ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, April 13 2018. 17:29 IST