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Infosys posts higher-than-expected profit, keeps annual sales growth outlook

Bangalore, Oct 10 (ANI): Infosys Ltd wants to revive growth through automation and artificial intelligence, its chief executive said on Friday (October 10), boosting investors' confidence in Bangalore after it posted a forecast-beating quarterly profit. Chief Executive Vishal Sikka was brought in earlier this year to chart a new strategy for Infosys. Sikka said Infosys' future now lay in new technologies, and that it would look into acquisitions to expand into those areas. Sikka also added that the firm expects revenue in the fiscal year ending in March 2015 to rise 7-9 percent, maintaining the guidance it had given in July and meeting expectations of most analysts. Oct 10, 2014
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