Lodestone

Explainer: Infosys' Lodestone deal small but in right direction

While the deal is in the right direction, it remains to be seen if Infosys will deploy its free cash for more overseas acquisitions in a downturn market to move up the value chain and retain its premium position.

Finally, Infosys to acquire Zurich-based consultancy firm

The $350 million acquisition is expected to strengthen Infosys' consulting and systems integration capabilities and will lead to addition of 200 clients in Europe, the company said in a press release.