India’s Infosys says quarterly profit up 1.6 pct, but warns of steep revenue drop

India’s Infosys says quarterly profit up 1.6 pct, but warns of steep revenue drop

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India’s Infosys says quarterly profit up 1.6 pct
MUMBAI, India — Indian outsourcing bellwether Infosys Technologies Ltd. reported a slight rise in quarterly profit and warned of a steep drop in revenue as its global clients struggle to cope with the economic slowdown.

Infosys, India’s second largest outsourcing firm, earned $313.0 million in net income for the [...]

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