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Bad news from Infosys, good news from Sachs, Sensex

Posted on: April 16th 2009 in Press Releases.

Bangalore: Infosys Technologies, bellwether of the Indian infotech industry, announced sobering results on Wednesday that reflected the worsening global downturn. For the first time ever, the company announced a 1.8% drop in revenues in dollar terms in the quarter-ended March 31. …

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