Infosys
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Emotionally connected to Infosys, says former CEO Gopalakrishnan
May 06, 2017, 07:30 PM ISTHe is currently chairman, Axilor Ventures, an accelerator and seed fund that he co-founded with another Infosys co-founder SD Shibulal and others.
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White House claims 'political victory' as Infosys announces move to hire 10,000 US workers
May 03, 2017, 01:43 PM ISTThe announcement by Infosys is further evidence that companies are renewing investment in the US as a result of the Trump administration's "pro-growth economic agenda", the White House said
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Infosys to hire 10,000 American workers, set up 4 tech hubs in US
May 02, 2017, 10:54 AM ISTIn an attempt to tide over visa-related issues, Indian IT major Infosys will hire about 10,000 locals in the US over the next two years and set up four technology and innovation hubs there.
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Former Infosys CFO Rajiv Bansal moves arbitration over suspended Rs 12 cr severance pay
Apr 20, 2017, 01:02 PM ISTThe balance payment was suspended after co-founder Narayan Murthy and others termed the severance pay as excessive and even termed it 'hush money'
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H-1B visa concerns: Infosys to focus on local hiring, R&D in the US
Apr 17, 2017, 09:51 AM ISTIT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues.
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Infosys CEO Vishal Sikka's pay slashed by 40 pc
Apr 15, 2017, 11:35 AM ISTSikka was eligible for a USD 11 million (about Rs 70 crore) pay including basic salary, variable pay, restricted stock units (RSUs) and performance stock options for the year.
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37,915 engineers exit Infosys, hiring plunges 65 per cent
Apr 14, 2017, 08:27 AM ISTA whopping 37,915 engineers left software major Infosys while its hiring plunged 65 per cent in fiscal 2016-17 thanks to increasing automation and thrust on artificial intelligence in its operations and projects.
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India needs to reduce ‘friction’ in businesses in India: N R Narayana Murthy
Apr 13, 2017, 02:20 PM ISTInfosys founder N R Narayana Murthy today said that it is important to reduce “friction” in business and create an “environment” wherein the government has more trust in its entrepreneurs.
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Infosys plans Rs 13,000 cr payout to shareholders via buyback or dividend
Apr 13, 2017, 11:52 AM ISTThe country’s second largest IT major Infosys has decided to pay up to Rs 13,000 crore to shareholders via dividend or share buyback during the current financial year.
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Infosys Q4 net profit grows marginally to Rs 3,603 crore
Apr 13, 2017, 10:58 AM ISTNet profit came in 0.2 per cent higher than Rs 3,597 crore in the same period previous year, according to a BSE filing by Infosys.
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Cash component reduced, higher stock incentives to COO Pravin Rao: Infosys
Apr 04, 2017, 09:18 AM ISTInfosys on Monday said it has "reduced the cash component" of his compensation and introduced "higher stock incentives".
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Narayana Murthy slams Infosys over COO’s pay hike, calls it ‘unfair’
Apr 03, 2017, 08:14 AM ISTThe skirmish between Infosys founders and the company’s management seems to be far from over.
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Infosys seeks shareholder nod to amend Articles of Association
Feb 24, 2017, 10:33 AM ISTInfosys has sought shareholders' approval to change the company's Articles of Association, which includes a provision for buyback.
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SEBI may question Infosys over hefty payout to former CFO: report
Feb 17, 2017, 12:26 PM ISTThe Securities and Exchange Board of India (SEBI), the country’s apex market regulator, will seek a response from Infosys on several issues raised by a whistleblower in the company in a recent letter, a media report said today.
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Infosys Management, founders to deal bilaterally, says Chairman
Feb 15, 2017, 10:20 AM ISTIn an effort to put reports of rift to rest, Infosys Chairman R Seshasayee has said that the management and shareholders have decided to keep their ‘differences’ within the company and not to publicly air them.
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Vishal Sikka's package tied to achievement of very high levels of target: Infosys Chairman
Feb 13, 2017, 11:45 PM ISTInfosys Chairman R. Seshasayee on Monday defended the compensation to CEO Vishal Sikka.
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Murthy an ‘incredible man’, says Vishal Sikka; calls ‘drama in media distracting’
Feb 13, 2017, 12:37 PM ISTAmid reports of tension between Infosys founders and its senior executives, CEO Vishal Sikka today said that he has always shared a ‘heartfelt, warm relationship’ with co-founder Narayan Murthy who had recently raised concerns over certain decisions
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Infosys may bring changes in company’s board to end rift: Report
Feb 13, 2017, 11:06 AM ISTAmid growing discontent between the founders and incumbent senior executives, country’s second largest IT firm Infosys may consider bringing changes on the board to put reports of rift to rest.
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‘Working for all shareholders, not just founders’: Infosys
Feb 11, 2017, 02:53 PM ISTAmid the crisis unfolding at country’s second-largest IT firm, Infosys, it has come into light that the company’s management and board are reaching to out to clients to assure them that there was ‘no impact’ of the ongoing ‘confrontation’ between the
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Murthy admits he is ‘distressed by Infosys board’s decisions’
Feb 10, 2017, 09:56 AM ISTAmid reports of tension between the bigwigs and company’s board over certain decisions, Infosys co-founder Narayan Murthy has said that the ‘issue was not with its present CEO but with the governance culture at the board’.