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India's Infosys narrows revenue forecast as profits beat expectations
India's Infosys narrows revenue forecast as profits beat expectations
Economy
by  AFP

Indian IT giant Infosys on Wednesday increased the lower end of its annual growth forecast for the current fiscal year after reporting better-than-expected results for the June quarter. The Bengaluru-headquartered firm also reported a 8.6 on-year increase in net profit to hit 69.2 billion rupees ($801 million) for the April-June quarter.

Canal+ clears final hurdle to acquire S.Africa's MultiChoice
Canal+ clears final hurdle to acquire S.Africa's MultiChoice
Economy
by  AFP

France's Canal+ said Wednesday it had cleared the final regulatory hurdle for the buyout of Africa's largest pay TV enterprise MultiChoice and further expand its footprint on the continent. The approval "clears the way for us to conclude the transaction in line with our previously communicated timeline" by October 8 at the latest, Canal+ chief executive Maxime Saada said in a statement.