1. As part of the first quarter earnings, Infy lowered their outlook for the rest of the year.
    Reason cited as the double whammy of increasing wages and a stronger rupee.
    Here’s a glimpse of earnings report from some of the other software services companies:

    Polaris Q1 net falls to Rs 14.42 crores
    MindTree Q1 net profit dips 16%
    Satyam profit [...] (Read Full Article)

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