The Latest Breaking News from Infosys

London (AFP) - The British government's ethics advisor said on Wednesday he had cleared embattled finance minister Rishi Sunak of breaching ministerial codes after investigating his family's tax affairs.

If history is any guide, there may be trouble ahead for shares of Infosys (NYSE:INFY). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Mumbai (AFP) - Indian software giant Infosys said Wednesday it was "transitioning" out of the Russian market following the Ukraine war and conflict of interest accusations levelled at Rishi Sunak, the British finance minister.

Infosys Ltd (NYSE:INFY) reported fourth-quarter FY22 revenue growth of 20.6% year-on-year to $4.28 billion (CC), missing the consensus of $4.29 billion. Q4 sequential growth was 1.2%. TCV of large deal wins was $2.3 billion.  Digital revenue grew 38.8% Y/Y to $2.53 billion, while Core revenue stood at $1.75 billion. The operating margin contracted…