FPT Corp., Vietnam’s largest publicly traded telecommunications and software company, aims to complete two takeovers this year as it seeks to boost international sales, Chairman Truong Gia Binh said.
India’s benchmark stock index rallied for the first time in four days led by shares of lenders and automakers.
Tata Consultancy Services Ltd., India’s largest software exporter, predicts growth will be stronger this year as customers in the U.S. and Europe, as well as the Asia Pacific region outsource more work.
Indian stocks fell for a third day amid concern the central bank may keep interest rates elevated after data showed consumer prices quickened last month for the first time since November.
– Infosys Ltd. forecast full-year sales growth that beat analyst estimates as India’s second- largest software-services exporter cut costs and won more outsourcing contracts. The shares rose.
The following list comprises the most-read Bloomberg News reports from the past week.
Infosys Ltd., the third-worst performer this year on the S&P BSE Information Technology Index, said it has started to look for a successor to Chief Executive Officer S.D. Shibulal.
Indian stock-index futures dropped after the benchmark index climbed to a record yesterday.
Indian’s benchmark stock index rose to a record, led by industrials and software exporters, as the central bank left its main interest rate unchanged.
Tata Consultancy Services Ltd., India’s biggest software exporter, fell to the lowest level in three months after the company said growth in this quarter will be weaker than the previous three months.