New business from Europe was expected to make up for decreasing business in the U.S. after the recession
Its own cloud offering Business ByDesign is delayed until the company gets its strategy right
The acquisition of McCamish Systems brings to Infosys key clients in insurance and financial services
Operators are however struggling with falling revenues per subscriber
The offering is targeted at companies that are still wary of public clouds for security reasons
The company’s revenue per subscriber dropped because of price wars and rural subscribers
The company says the business environment is however improving
The new law frees Internet portals from responsibility for third party content
The auction was postponed twice earlier
The consignment of Windows 7 packages has been held up by Indian customs