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‘Infosys Technologies’ Move Is A Silver Lining Amidst Dark Clouds Of Recession
Added On:
Sun 22/Mar/2009
Last Updated:
Sun 22/Mar/2009
Blog Name:
‘Infosys Technologies’ Move Is A Silver Lining Amidst Dark Clouds Of Recession
Description:
If the ongoing recession was not enough to dampen the spirits of the investors as well as the economy, the Satyam crisis added fuel to the fire. However, the fund managers in Bangalore have got a reason to smile, despite the general gloom. The reason is that it is after a period of one-and-a-half years that Infosys Technologies, the country’s second largest IT/ITeS exporter, has decided to reinvest in mutual funds. It is believed that Infosys Technologies will invest around Rs 160 crore into liquid schemes with four mutual funds.
http://indianfinance.blogsome.com/2009/02/23/infosys-technologies-move-is-a-silver-lining-amidst-dark-clouds-of-recession/
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