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How Infosys walked into an ‘over-promise, under-deliver’ trap, and took a 9.4% hit on the market

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In January, Infosys announced a record deal figure and raised its full-year revenue growth guidance. But when it announced its full-year results in April, the company failed to meet its own forecast. CEO Salil Parekh blamed it on unplanned project ramp-downs and delays in decision-making. Why was Infosys caught napping? 

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