Tuesday February 19, 2019
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Infosys retains 10-12 percent revenue growth forecast

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Bengaluru: Software major Infosys has maintained its annual revenue guidance, or expected rise in income, at 10-12 percent for this financial year — or what it had projected in April. In dollar terms, though, the guidance has been revised upward by 100 basis points.Infosys

“We have retained revenue guidance at 10-12 percent year-in-year (YoY) in constant currency but increased it to 7.2-9.2 percent YoY in dollar terms from 6.2-8.2 percent YoY projected in April for FY 2016,” the IT bellwether said in a regulatory filing with stock exchanges on Tuesday.

The city-based outsourcing major reported consolidated revenue of Rs.53,319 crore for last fiscal (2014-15) in rupee terms and $8.7 billion in dollar terms, which was 6.4 percent growth YoY in rupee terms and 5.6 percent in dollar terms.

The IT outsourcing major has discontinued giving a quarterly revenue guidance in percentage and numbers since fiscal 2014.

The company’s conversion rate for rest of the fiscal 2016 is Rs.63.65 per US dollar.

(IANS)

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Global Software Major Infosys Launches Learning App For Engineering Students

The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system

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picture from- www.dqindia.com

Global software major Infosys on Saturday launched its a next-generation digital platform called InfyTQ that aims to offer learning and engagement experiences for engineering students in the country.

The free platform is open to all engineering students in their third and fourth year across India.

The platform would be available on both mobile and desktop and is equipped with content, courses and news to establish talent readiness at an industry level through online assessments and certification, the company said in a statement.

Office Building of Infosys (Representational image).

The learning courses would be centred around conceptual and practical aspects of technology to ensure a thorough understanding of the fundamental building blocks.

The course includes hands-on learning to aid the application of concepts in the real world. The platform would evolve and offer advanced learning materials and enable virtual programming environments for certain sets of students to further hone their technical skills.

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The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system. (IANS)