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Monday, November 9, 2009

Infosys eyeing acquisitions in Europe, U.S.

The back-office arm of Infosys Technologies, India's No. 2 software services provider, is looking at acquiring firms in Europe and in the United States of $50 million to $100 million, a top official said on Monday.Infosys BPO would also hire 1,200 people in the current financial year, the unit's chief executive, Amitabh Chaudhry, told reporters on the sidelines of the World Economic Forum.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 04
19:30 ISM Services New Orders Index 2 46.4 52.3
19:30 ISM Services PMI 3 49.9 52.0 51.6
20:00 EIA Crude Oil Stocks Change 1 -4.304M -0.900M -2.795M
20:00 BoC Press Conference 3
23:30 Fed's Beige Book 2
Thursday, Jun 05
06:30 ANZ Commodity Price 1 0%
07:00 Exports (MoM) 2 7.6%
07:00 Imports (MoM) 2 -2.2%
07:00 Trade Balance (MoM) 3 6,100M 6,900M
11:15 Unemployment Rate s.a (MoM) 1 2.8% 2.8%
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