"Air India has lost about Rs 30,000 crore. Why don't you hold the people who manage it accountable for Air India losses like you hold Vijay Mallya accountable for losses in Kingfisher Airlines?"
Mumbai: In a clear endorsement to his performance over the last 18 months, India's second largest IT firm Infosys has extended the tenure of its CEO Vishal Sikka by 2 years till March 2021.The board
Hyderabad: For the first time in five years, revised revenue and expenditure estimates for 2015-16 are expected to be higher than the budget ones, says Infosys' former top executive T V Mohandas Pai.He, however, stressed
New Delhi: Tech giant Infosys is all set to build the world's tallest freestanding clock tower at its 345-acre global education centre located in Mysuru, Karnataka. The centre is also the world's biggest corporate university.The
Washington:Three major Indian IT companies Infosys, Tata Consultancy Services and Wipro have joined US President Barack Obama's ambitious computer science for all initiative as part of a public-private collaboration, pledging over USD 3 million in grants.Obama
Hyderabad: India's second-largest IT company Infosys would formally inaugurate its campus at Pocharam here in February, Telangana Information Technology Minister K T Rama Rao said on Monday. "The seating capacity of the campus is 25,000. Currently,
Bengaluru: Ola, a leading mobile app provider for personal transportation, on Thursday said Rajiv Bansal will be its new chief financial officer (CFO) from January. Bansal, who resigned from software major Infosys Ltd on October 9,
Mumbai: Markets bore the brunt of a worsening global risk environment as the benchmark BSE Sensex today snapped its 2-day rally and fell almost 382 points to close at over a 2-month low of 25,482.52.In
New Delhi: Infosys founder NR Narayana Murthy on Saturday expressed concerns that there is considerable fear in the minds of minority in India and said the governments should bring back the sense of confidence in
Bengaluru: Global software major Infosys on Monday announced the acquisition of US-based Noha Consulting firm for $70 million (Rs.454 crore) in a cash deal.The Houston-headquartered Noha provides information management consultancy services to the oil and
Mumbai: Market benchmark Sensex today settled 175.40 points lower at 26,904.11 after surging over 225 points in early trade following a downward revision in Infosys dollar revenue forecast for the ongoing fiscal, which triggered a
Bengaluru: Software major Infosys Ltd on Monday announced 200 percent interim dividend or Rs.10 for each share of Rs.5 at par for first six months (April-September) of this fiscal (2015-16)."The board of directors declared an
Bangalore: Country's second largest software services firm Infosys announced on Monday that its chief financial officer Rajiv Bansal has resigned from the company. He will be replaced by MD Ranganath, who has been with the
Bangalore: Country's second largest software services firm Infosys today posted 9.8 per cent increase in consolidated net profit to Rs 3,398 crore for the quarter ended September 30, 2015. The city-based firm had reported a net
Bengaluru: Karnataka government has cleared three major IT projects planned by Infosys to set up more campuses here at an investment of Rs 1,918 crore that would generate 27,000 jobs."The IT major Infosys is going
Mumbai: Infosys co-founder NR Narayana Murthy has said coaching classes are hurting the prestige of the brand IIT as these flourishing money-spinners are helping students only crack the entrance tests and rued that genuine freethinkers
Bengaluru: Buoyed by robust growth in first quarter from its global IT services business, software major Wipro Ltd on Thursday projected higher revenue for second quarter of this fiscal."We expect revenues from our IT services business
Bengaluru: Infosys said on Tuesday that its innovation fund invested $1.4 million (Rs.8.9 crore) in ANSR Consulting, a global in-house centre (GICs) strategic consulting and implementation firm, for a minority stake."We are excited to partner
Bengaluru: Infosys Ltd today reported better than expected 5 per cent rise in June quarter net profit and raised its full-year sales growth forecast as business revamp helped it win more IT contracts.The nation's second-largest
Mumbai: The benchmark BSE Sensex recovered over 46 points in early volatile trade today as IT sector stocks surged after Infosys reported a 5 per cent growth in net profit for the first quarter of
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