Lodestone Holding

Infosys, IBM selected for over $400 mn RBS contract

The bank (Williams & Glyn's), which was dormant for about 30 years, is being revived by UK-based lender the Royal Bank of Scotland Group Plc (RBSG). The bank is part of the RBS Group and is scheduled to launch operations by 2015.

Lodestone is a good strategic fit for Infosys: JM Financial

Infosys is planning to acquire Zurich-based global management consultancy firm Lodestone Holding AG at 330 m CHF (USD 350 million) in cash. JM Financial says this is a good strategic fit for Infosys. "I think it is a good transaction," he adds.

Market cool to Infosys' Swiss co buy; deal size disappoints

The view among analysts is that the deal size is not significant to make a difference to Infosys‘ earnings, as the company grapples with slowing revenue growth caused by a combination of internal and external factors.