A former U.S. employee has filed a lawsuit against Infosys Ltd, India's No.2 software services provider, saying he was harassed for pointing out possible misuse of U.S. business visas, according to a copy of the lawsuit.

The West Bengal government seems to have lost hope to have Infosys facility in West Bengal. It becomes evident as no state government representative will meet Infosys chairman emeritus N.R. Narayana

Founder of software giant Infosys, N.R. Narayana Murthy on Friday said he was positive that the company's first centre would come up in the metropolis.

"I am certainly positive about the Kolkata c

A total of 23,000 employees have started joining Infosys from July, even as the Indian IT sector continues to grapple with uncertain economic environment in most of its American and European markets.

Infosys Ltd, India's no. 2 software services provider, and an employee in the United States failed to reach agreement in a row over U.S. business visas on Tuesday and the case is set to go to trial ne

Indian IT companies including market leaders TCS and Infosys may have to bear huge costs towards employee visa fees going ahead, which in turn can put pressure on their profit margins.

A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients.

Infosys, India's No.2 software service

Barclays Capital cut its ratings on Infosys to 'equal weight' from 'overweight' citing 'disappointing' April-June earnings and saying the company's guidance was still too aggressive.

Barclays also cu

Uncertainty about spending by U.S. and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of

Infosys Ltd, India's second-largest software services exporter, matched expectations with a 33 per cent rise in its fiscal first-quarter profit, bolstered by a surge in demand for outsourcing services