The move aligns India's No.2 software services firm with
several global peers such as Oracle and SAP SE and was disclosed alongside a
strong earnings report.
Speaking to media at its Bengaluru headquarters, Infosys
said it expected annual revenue growth of 13 percent to 15 percent in
constant-currency terms as it wins more contracts from global businesses
expanding their digital presence.
Rising investments in areas from cloud computing to cyber
security during the pandemic have propped up demand for services provided by
Infosys and rivals Tata Consultancy Services and Wipro, helping the companies
rake in billions of dollars in contracts.
Infosys said large deal signings in the January to March
quarter rose to $2.3 billion, from $2.1 billion a year earlier. The company
posted 110 gross client additions, compared with 130 additions last year.
Revenue rose 22.7 percent to Rs. 32,276 crore due to the
strong performance of the company's mainstay financial services and insurance
business, which grew 16.4 percent. © Reuters