Infosys Cuts Sales Guidance as Shares Drop Amid CFO's Exit

Updated on
  • FY16 dollar revenue growth forecast lowered to 6.4% to 8.4%
  • 2Q profit beats estimates; board announces interim dividend

Infosys Ltd., India’s second-biggest software exporter, reduced its annual sales growth forecast in dollar terms and Chief Financial Officer Rajiv Bansal resigned. Shares dropped the most in seven weeks.

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