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This is an archive article published on March 14, 2012

Outlook keeps improving for Infosys

Infosys rose 1.1 and headed for a second consecutive session of gains.

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More positive news on the orders front for Infosys,which rose 1.1 per cent and headed for a second consecutive session of gains,helping lift the broader 50-share Nifty index,

Infosys and Britain8217;s Fabric Worldwide Ltd won a large order from GlaxoSmithKline PLC,according to India8217;s no. 2 software services exporter. That contributed to rising optimism about its improving FY2013 earnings.

 

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