Infosys' Lodestone deal to help sustain revenue momentum: IIFL
By Prashant R Nair, Devina Menon | Published On: September 11, 2012 09:30 (IST) | Duration: 7 min, 26 sec
Infosys' acquisition of Lodestone has received a thumbs-up from analysts who track the company and the IT sector closely. Aniruddha Mehta, research analyst at IIFL told NDTV Profit that the deal, which is good from strategic and valuations perspective, will help Infosys in sustaining the revenue momentum going forward considering the weak environment.
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