Infosys Seen Needing French Deal to Lift Value

It’s about time too. Infosys (INFY) is one of the bellwether IT companies of India. It is seeking European acquisitions to lift its value. Infosys, whose $4 billion cash pile is the biggest among India’s computer-services providers, said last month it’s looking for a European deal after its annual sales forecast trailed analysts’ estimates. ……