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Friday, June 29, 2007

Infosys's over Capgemini

Infosys is rumoured to be mulling over acquiring Capgemini which is Europe's largest IT services giant. The rumours doing round on the trading floors of Europe pushed Capgemini's stock to a 2 week high at 53.78 Euros.
According to the market analysts margins in consulting business is higher than other IT related businesses. If the deal were to happen, Infosys will be competing with other giants in the consulting space.

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