More on Infosys Technologies (INFY -8.3%) FQ1. Shares tumble after the company makes a...

|About: Infosys Limited, Inc. (INFY)|By:, SA News Editor

More on Infosys Technologies (INFY -8.3%) FQ1. Shares tumble after the company makes a greater-than-expected cut to its FY 2013 sales forecast due to the global economic uncertainty. Infosys predicts that revenue will rise 5% to $7.34B, down from its April guidance of 8%-10% growth. Consensus is for 6%-8%. FQ1 net profit +33% to 22.9B rupees ($409M)