India’s top two software services companies each added more employees on a net basis in the January to March quarter than they often have in past full years. Ironically, the employee churn numbers are also at their highest ever.
Infosys Stock
Infosys Falls After FY19 Margin View Lower Than Year Ago
Infosys Falls After FY19 Margin View Lower Than Year Ago — Shares of the country’s second-largest software services company declined as much as 6.2 percent, most intraday since Aug. 18, after the IT firm said it expects its operating margin in 22 to 24 percent range this year, lower than previous year’s 23 to 25 percent view.