For the fiscal year 2019, Infosys expects revenues to grow 7-9% in dollar terms and 6-8% in constant currency.
The company’s board of directors recommended a dividend of $0.31 per ADR, which amounts to $821 million including DDT. The board also intends to pay back $2 billion to its shareholders over 2018 and 2019.
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The Bengaluru, India-based IT firm also said that it has entered into an agreement to acquire WongDoody Holding Company Inc., a digital creative and consumer insights agency based in the US, for about $75 million.
Apart from this, the software services vendor announced plans to sell its subsidiaries Kallidus, Skava and Panaya, collectively known as the disposal group, and expects the sale to be completed by March next year.