Infosys @ Latest News: October 2005

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Tuesday, October 11, 2005

Infosys donates Rs 20 mn for quake victims

Infosys Technologies Ltd on Tuesday announced Rs 20 million for the earthquake victims in India and Pakistan.

Infosys CEO Nandan M Nilekani told reporters in Bangalore that as part of its social responsibility, the company was donating Rs 10 million each for the victims of Jammu and Kashmir and Pakistan.

Infosys beats Q2 profit estimates

Cheered by better than expected quarterly numbers from infotech bellwether Infosys, most technology stocks ended higher today. Since Infosys usually sets the tone for the performance of the sector, one could expect good numbers from other tech companies as well, said a dealer.

In today’s trade, Infosys stock led the pack of gainers in the technology space. The stock ended at Rs 2684, up 2.34 per cent. On the BSE, the stock was the highest traded clocking a turnover of over Rs 219 crore or 8.19 lakh shares.

Infosys turns the tide for technology counters Business Standard
Tata Consultancy, Infosys Profits Climb on Overseas Orders Bloomberg
Indian software exporter Infosys quarterly profit up 36 per cent National Post