Infosys
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Infosys CEO Vishal Sikka resigns, cites ‘personal' attacks as one of reasons
Aug 18, 2017, 11:13 AM ISTIn a letter to Infosys board members, Vishal Sikka cited “personal” attacks as one of the reasons for his resignation.
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Infosys to consider share buyback on Saturday, stock gains over 3 pc
Aug 17, 2017, 11:05 AM ISTThe buyback announcement by Infosys comes close on the heels after rivals TCS and Wipro
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Infosys to relocate CFO MD Ranganath to US; revises his salary
Jul 15, 2017, 04:25 PM IST“The company has asked, for business reasons, MD Ranganath, the CFO, to operate from the US,” Infosys said in a filing on Friday.
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Infosys first quarter net grows 1.3 per cent to Rs 3,483 cr
Jul 14, 2017, 11:23 AM ISTInfosys maintained its revenue growth forecast for 2017- 18 to be in the range of 6.5-8.5 per cent in constant currency and 7.1-9.1 per cent in US dollar terms
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Infosys co-founders keep away from 'stormy' Annual General Meeting
Jun 24, 2017, 05:17 PM ISTBesides Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan and Ashok Arora are the co-founders of India's second-largest software export firm.
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Ex-employee files lawsuit against Infosys in US, alleges racial discrimination
Jun 22, 2017, 10:00 AM ISTA former head of immigration at IT major Infosys in the US has filed a lawsuit against the company, accusing it of "discrimination" against non-South Asian employees, and demanded a trial by jury
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Infosys veterans launch new age solution for GST regime ahead of June 30 rollout
Jun 20, 2017, 05:03 PM ISTBased out of Bengaluru and founded by Infosys veterans Agrawal and Balaji G.S. Rao, GSTSTAR offers products and services for GST compliance and will help business transition to GST era smoothly
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From Infosys to BAT: Firms wake up to flip side of social media
Jun 18, 2017, 03:03 PM ISTCompanies across the world have begun to realise the severe reputational risks posed by social media.
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Infosys president Sandeep Dadlani quits, Inderpreet Sawhney to take over as group general counsel
Jun 16, 2017, 07:00 PM ISTSandeep Dadlani, who was serving as president and head of manufacturing, retail, CPG and logistics, has put in his papers. His role is now being split with Karmesh Vaswani and Nitesh Banga
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‘Activist shareholders’ a risk to business, Infosys says in regulatory filing
Jun 14, 2017, 12:34 PM ISTIn April, Sikka cited 'unanticipated execution challenges and distractions' as a reason for slow revenue growth in the quarter ended March. In February, Murthy had gone public against the company
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Maruti overtakes Infosys, ONGC in m-cap; stock up 3 pc
Jun 09, 2017, 10:24 PM ISTWith this, the company stood at the eighth position in the top-10 m-cap ranking chart, ahead of Infosys and ONGC.
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Infosys denies reports of Narayan Murthy, other promoters selling stake in company
Jun 09, 2017, 01:21 PM IST“We would like to clarify reports in media speculating on plans of stake sale by the promoters. This speculation has already been denied categorically by the promoters,” the statement released by Infosys said.
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Infosys founders Narayana Murthy, others looking to sell their entire stake in company: report
Jun 09, 2017, 10:54 AM ISTThe Infosys promoter group, which includes Murthy, Nandan Nilekani, Kris Gopalakrishnan, S D Shibulal and K Dinesh, are exploring a sale of their entire 12.5 per cent stake in the company worth around Rs 28,000 crore, a media report said today
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IT industry's plan of creating more jobs not rooted in reality: Head Hunters
Jun 06, 2017, 04:51 PM ISTA close examination of Infosys hiring forecast of 20,000 translates into a hiring of approximately 9,000 in India, the executive search firm has said
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IT layoffs: Problem not new, seniors should take pay cuts to save jobs, says Narayan Murthy
Jun 01, 2017, 05:39 PM IST'I have a feeling that it is possible for us to protect the jobs of youngsters if the senior management people were to make some minor adjustments - adjustment of taking salary cuts,' Murthy said
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Incorrect to assume IT industry going for large scale layoffs, says govt
May 16, 2017, 04:14 PM ISTThe government has categoric assurance from the industry in this regard, IT Secretary Aruna Sundararajan emphasized today
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After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground
May 10, 2017, 11:25 PM ISTAfter IT majors Infosys and Wipro, it is now Tech Mahindra's turn to lay off hundreds of its employees based on their performance.
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Infosys to fire its poor performing techies soon
May 10, 2017, 06:54 PM ISTAfter a week of announcing about hiring 10,000 Americans in US, Infosys proposes on Wednesday to “fire” its employees for their “non-performance” soon.
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After Wipro and Cognizant, Infosys may announce layoffs
May 09, 2017, 11:37 PM ISTInterestingly, Infosys has said it will hire 10,000 Americans in the next two years and open four centres in the US as it seeks to counter moves by the US to tighten visa norms.
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Not just Cognizant, these Indian IT biggies are readying large scale layoffs too
May 09, 2017, 09:47 PM ISTTop IT firms Capgemini, Wipro and Infosys are said to be in the process of initiating large scale layoffs amid a slowdown and a shift towards hiring more Americans