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Monday, October 22, 2018

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Infosys' rising sub-contract, staff costs worry investors

Investors seem to have found developments that are worrying, most prominently the higher subcontractor costs, and employee-related costs in the $700-million Verizon deal that Infosys won recently. There is also talk that some big banking customers of Infosys have indicated that their IT budgets are likely to be constrained in the coming months.

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