Infosys stock could be dead money for investors for some time: CLSA


infosys
Dated:April 14,2013














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Infosys stock could be dead money for investors for some time: CLSA
The pain for Infosys may not be over as it is hard to find any positive from the March quarter earnings, CLSA said in a note.

Notwithstanding Europe's stringent labour laws and high operating costs, a number of Indian software cos have made acquisitions in the European Union off late.

After launching EMI scheme, Korean electronic giant Samsung is now offering 15% cash back on its flagship 'Galaxy' range.


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