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CAPGEMINI REJECTS RUMOURS OF INFOSYS BID.
NEW DELHI, July 2 Asia Pulse - European software and consultancy services company Capgemini yesterday rejected speculation of an approach by India's Infosys Technologies as "rumour and market speculation".
"We do not comment on market rumour or speculation," a spokesperson of Capgemini told reporters.
Infosys and Capgemini shares have been rising due to the rumoured bid by the Bangalore-based company.
Last week, Infosys CEO Krish Gopalakrishnan who had neither confirmed nor denied the rumours said: "The nature of rumours is such that some of them are right and some of them are wrong... you don't know which one is right. It's not possible to comment on rumours floating around."
Leading IT research firm Ovum said the speculation that Infosys is interested in ...
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