Infosys
-
Infosys buys US firm for $70 million
Oct 19, 2015, 01:50 PM ISTBengaluru: 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
-
Infosys ruins the day: Sensex slips 175 pts as IT stocks tank
Oct 12, 2015, 08:44 PM ISTMumbai: 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
-
Infosys gives 200 percent interim dividend
Oct 12, 2015, 11:48 AM ISTBengaluru: 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
-
Infosys CFO Rajiv Bansal resigns; MD Ranganath to take charge
Oct 12, 2015, 04:10 PM ISTBangalore: 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
-
Infosys Q2 Net up 9.8 pc to Rs 3,398 cr
Oct 12, 2015, 10:29 AM ISTBangalore: 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
-
Infosys to set up 3 more campuses in Bengaluru, to generate 27k jobs
Aug 31, 2015, 07:16 AM ISTBengaluru: 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
-
Coaching culture hurting prestige of IITs: Narayana Murthy
Aug 11, 2015, 09:41 AM ISTMumbai: 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
-
Wipro sees higher revenue from IT services
Jul 23, 2015, 09:56 PM ISTBengaluru: 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
-
Infosys arm invests $1.4 million in consulting firm
Jul 21, 2015, 09:04 PM ISTBengaluru: 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
-
Infosys profit up 5%; raises sales forecast for FY'16
Jul 21, 2015, 05:34 PM ISTBengaluru: 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
-
Sensex recovers 46 points in choppy trade; Infosys climbs 7.75%
Jul 21, 2015, 10:40 AM ISTMumbai: 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
-
Infosys Q1 Net up 4.98 pc at Rs 3,030 cr; shares soar 6 pc
Jul 21, 2015, 10:07 AM ISTMumbai: IT major Infosys on Tuesday reported close to 5 per cent increase in consolidated net profit to Rs 3,030 crore for the quarter ended June 30, 2015, compared to that in the same period
-
No invention, earth-shaking idea from India in 60 years: Narayana Murthy
India | Jul 15, 2015, 11:46 PM ISTBengaluru: There has not been a single invention from India in the last 60 years that became a household name globally, nor any idea that led to "earth shaking" invention to "delight global citizens", IT
-
Infosys announces $10 million investment in Irish start-ups
Jul 03, 2015, 09:51 PM ISTBengaluru: Global software company Infosys Ltd announced on Friday that it had plans to invest $10 million (Rs 64 crore) in start-ups based in Ireland after winning a deal from Allied Irish Banks, plc."The $10-million
-
8 biggest employers in India
India | Jul 01, 2015, 09:28 PM ISTNew Delhi: In a country like India which has a huge population of 1.28 billion, providing employment is a big challenge. India has around 487-million workforce out of which over 94% are working in unorganised sectors
-
Narayana Murthy rules out returning to Infosys again
Jun 23, 2015, 08:25 AM ISTBengaluru: Infosys co-founder NR Narayana Murthy on Monday ruled out returning to the company as he did in June 2013, three years after retiring in August 2011."There is no need for anybody to get get
-
Infosys to provide IT services to US wellness firm
Jun 20, 2015, 07:46 AM ISTBengaluru: Global software major Infosys Ltd on Friday announced winning a five-year contract to provide a raft of IT services to the US-based wellness firm NBTY, formerly Nature's Bounty."The multi-year deal envisages enterprise-wide application development
-
US opens probe against TCS, Infosys for H1-B visa violations
Jun 12, 2015, 02:42 PM ISTNew York: The US government has opened an investigation against two of the biggest Indian outsourcing companies for possible violations of H1-B visa rules, according to a media report.The Department of Labour has opened the
-
Infosys' Vishal Sikka among world's top 50 CEOs
Jun 11, 2015, 09:13 AM ISTCareer website Glassdoor has released the list of world's top 50 chief executive officers (CEOs).Google's Larry Page unseated LinkedIn CEO Jeff Weiner from the number one spot, which he grabbed last year from Facebook CEO
-
Acquisitions to contribute $1.5 billion: Infosys
Jun 08, 2015, 08:26 AM ISTBengaluru: Indian IT giant Infosys on Sunday said it aims to realize revenues in the range of $1.5 billion from its acquisitions and also reach the milestone of $20 billion by 2020.The company's mission is