Business & Finance
India's Infosys misses quarterly revenue view, names CEO designate
Key Points
India's Infosys misses quarterly revenue view, names CEO designate BENGALURU, July 23 : Infosys reported lower-than-expected quarterly revenue on Thursday as India's second-largest IT firm's clients held back spending as artificial intelligence tools disrupt traditional software businesses. It also appointed a CEO designate for the company. ($1 = 96.5725 Indian rupees)
India's Infosys misses quarterly revenue view, names CEO designate
BENGALURU, July 23 : Infosys reported lower-than-expected quarterly revenue on Thursday as India's second-largest IT firm's clients held back spending as artificial intelligence tools disrupt traditional software businesses.
It also appointed a CEO designate for the company.
($1 = 96.5725 Indian rupees)
Source: Reuters