Infosys
-
Infosys does away with dress code for employees
Jun 02, 2015, 08:29 AM ISTBengaluru: In a sartorial shift, employees at IT major Infosys can now wear business casuals on all working days starting from Monday, as the company has decided to do away with its dress code.The move
-
Infosys to open first overseas campus in China
May 16, 2015, 05:09 PM ISTBeijing: As India pressed China to open its markets for Indian IT firms, technology major Infosys today announced establishing its first overseas centre outside India in China with an investment of about USD 120 million
-
LIC Buys Rs 300-Crore Infosys Shares in Q4
Apr 19, 2015, 02:54 PM ISTNew Delhi: Life Insurance Corporation (LIC) has shored up its stake in Infosys to 4.81 per cent, purchasing shares worth over Rs 300 crore in the January-March quarter.This is the fourth consecutive quarter of share
-
Infosys whistleblower: H-1B workers have minimal skills
Mar 18, 2015, 07:09 PM ISTWashington: H-1B workers replacing Americans have minimal skills and little or no business knowledge, a whistleblower from Indian IT giant Infosys has said and asked lawmakers not to increase the number of much sought-after visas
-
Infosys to invest in air quality detector company as second startup investment
Feb 24, 2015, 11:15 AM ISTNew Delhi: Infosys, one of the leading IT companies in India is all set to make its second startup investment this year.The investment is expected in a firm that makes air quality detectors as India's
-
Pre-budget expectations cheer markets, sentiment to continue
Feb 21, 2015, 02:13 PM ISTMumbai: Positive global and domestic cues coupled with strong expectations of further reforms in the upcoming budget led a benchmark index of Indian equities markets to gain 136.48 points or 0.46 percent during the week
-
Infosys moves towards automation, to hire 30000 next fiscal
Feb 21, 2015, 02:13 PM ISTNew Delhi: Information technology giant, Infosys, has announced fresh hiring target for the next financial year.The Bengaluru-based company will hire 30,000 people, the lowest in the last three years.In the first three quarters of this
-
Infosys: Re-skilling, not layoffs will address new challenges
Feb 16, 2015, 04:22 PM ISTMumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
-
Infosys to acquire US-based Panaya for Rs 1250 crore
Feb 16, 2015, 12:01 PM ISTIndia's second biggest IT outsourcing company – Infosys – on Monday announced the acquisition of US-based Panaya for $200 million.The New-Jersey based Panaya provides cloud-based quality management services for enterprise applications. Its clients include companies
-
Re-skilling, not layoffs, will address new challenges: Infosys
Feb 15, 2015, 05:52 PM ISTMumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
-
Vishal Sikka shuffles key positions at Infosys
Feb 06, 2015, 07:23 PM ISTVishal Sikka has undertaken the biggest restructuring exercise in Infosys since he took over as the company's CEO in August last year.He has reshuffled the responsibilities of the top executives of the subsidiary companies. Sikka
-
Nandan Nilekani paid Rs 22.5 cr for a Mumbai flat: Reports
Jan 27, 2015, 01:05 PM ISTMumbai: Nandan Nilekani, co-founder of Infosys, has reportedly paid Rs 22.5 crore, Rs 1.29 lakh per sq ft, for sea-facing Mumbai apartment in the marquee Samudra Mahal building at Worli in South Mumbai.The three bedroom
-
Infosys to beat industry growth rate in 18-30 months: Vishal Sikka
Jan 18, 2015, 04:41 PM ISTNew Delhi: Once an IT bellwether, Infosys expects to regain its premier status and beat industry growth rates in the next 18 to 30 months.The over $8 billion company's market performance has been improving with
-
Infosys open to 'bigger scale' acquisitions: Vishal Sikka
Jan 15, 2015, 06:43 PM ISTNew Delhi: Infosys, the country's second largest IT services firm, is open to ‘bigger scale' mergers and acquisitions but with a caveat, it is not interested in “yesterdays” companies.The Bengaluru-headquartered company, which was once the
-
Infosys CEO Vishal Sikka meets PM; dedicates Rs 1,500 cr to innovate in India
Jan 14, 2015, 04:06 PM ISTNew Delhi: Infosys CEO Vishal Sikka has met Prime Minister Narendra Modi and disclosed that his company will spend $250 million (over Rs 1,500 crore) to fund innovations in software and services in India.The chief
-
Industries seek CISF expertise to thwart terror
India | Jan 11, 2015, 11:55 AM ISTNew Delhi: In order to secure their business premises and large workforce against potential security threats, India Inc. is increasingly investing in professional anti-terror consultancy provided by CISF, with such demands from the business sector
-
Infosys will return to industry growth by 2016: Vishal Sikka
Jan 10, 2015, 10:56 AM ISTBengaluru: Global software major Infosys Ltd would return to industry growth (13-15 percent) and catch up with its peers by end of fiscal 2016-17, its chief executive Vishal Sikka said on Friday."As our former chairman
-
IT firms showering gifts to curb attrition; iPhone 6S, Merc, 100% bonus
Jan 09, 2015, 07:07 PM ISTThe perennial problem of attrition seems to be a major concern for many Indian IT companies. To control this problem, a lot of them are now showering gifts such as iPhone 6S, 100per cent bonus
-
Infosys Q3 profit up 13 %; stock up 5.3%
Jan 09, 2015, 05:38 PM ISTBengaluru: Infosys, India's second-largest IT firm, today reported a 13 per cent growth in consolidated net profit to Rs 3,250 crore for the quarter ended December 31, 2014, on higher volume and improved utilisation rates.
-
Scientific research must benefit common man: Pranab
India | Jan 06, 2015, 01:21 PM ISTKolkata: President Pranab Mukherjee Monday called for research endeavours to advance the realms of knowledge and improve the life of the common man."Science is one of the creative endeavours of human mind. It plays a