Infosys
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Eight of top 10 companies add Rs 53,741 cr in m-cap
Business | February 10, 2019 11:30 ISTThe market cap of Tata Consultancy Services (TCS) zoomed Rs 12,007.64 crore to Rs 7,74,023.16 crore and that of HDFC Bank advanced by Rs 8,569.51 crore to Rs 5,77,598.58 crore.
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US hiring to be a sustained effort, onboarded over 7,600 people: Infosys
World | January 20, 2019 15:57 ISTIn May 2017, Infosys had announced that it will set up four technology and innovation hubs and hire about 10,000 locals in the US over a two-year period.
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Cabinet clears next gen IT return-filing system; Infosys to implement Rs 4,242-cr project
Business | January 16, 2019 19:05 ISTBriefing media about the decision, he said the processing time at present for ITR is 63 days and it will come down to one day after implementation of the project.
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Infosys announces Rs 8,260 crore buyback; to offer special dividend
India | January 11, 2019 20:41 ISTInfosys on Friday said it will buyback shares worth up to Rs 8,260 crore and offer shareholders a special dividend of Rs 4 per share as part of the company's Rs 13,000 crore-capital allocation policy.
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Kiran Mazumdar-Shaw gets second term as Infosys' lead independent director
India | January 11, 2019 20:04 ISTTechnology giant Infosys on Friday said its board has reappointed Kiran Mazumdar-Shaw as the lead independent director for a second term.
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Quarterly earnings, US-China trade talks to drive markets this week: Experts
Business | January 06, 2019 12:24 ISTIT majors TCS and Infosys will kick-start the earnings season later this week.
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Infosys' big hiring push in Australia: 3 innovation hubs, 1,200 jobs
Career | November 21, 2018 11:55 ISTInfosys, which has its headquarters in Bengaluru, is already setting up similar hubs in the US - its largest market - and expects to hire 10,000 local workers by 2019.
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Infosys Q2 net profit up 10.3 per cent to Rs 4,110 cr, sees strong demand outlook
Business | October 16, 2018 18:18 ISTThe company had posted a net profit of Rs 3,726 crore in the year-ago period. Its revenue grew 17.3 per cent to Rs 20,609 crore in the said quarter.
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RBI shortlists Infosys, TCS, 3 other IT firms to implement CIMS
Business | September 23, 2018 17:03 ISTThe central bank had invited of expression of interest (EOI) in July for identification of solution provider for implementation of CIMS by overhauling the Data Warehouse (DW) of the apex bank.
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Infosys to design new forms for filing GST returns
Business | September 22, 2018 23:14 IST"We have directed Infosys to design new forms as suggested by the GST Council to simplify filing returns by traders on the network," Modi told reporters here after the 10th meeting of the GoM, held here to review the working of the network.
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Indian software major Infosys hiring 1,000 American techies in US state Arizona
Education | September 21, 2018 16:26 IST"We are hiring 1,000 American workers and opening our next technology-cum-innovation hub in the state of Arizona," said the city-based IT firm in a statement here.
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Infosys loses arbitration case over severance package to ex-CFO Rajiv Bansal, asked to pay Rs 12.17 crore
Business | September 18, 2018 15:12 ISTInfosys said it will take legal advice for further action on the issue.
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Infosys invests $1.5-million more in US firm TidalScale
Business | September 17, 2018 19:53 IST"The additional investment of $1.5 million is made through our innovation fund in TidalScale Inc, which is spearheading the software-defined server revolution," said the city-based IT major in a statement here.
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Infosys shares fall 4% on CFO Ranganath's exit
Business | August 20, 2018 12:45 ISTOn August 18, Ranganath, who has been working with Infosys for close to two decades, resigned in a surprise move that raises questions about stability at the country's second largest IT services firm.
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Infosys Chief Financial Officer MD Ranganath quits
Business | August 18, 2018 13:48 ISTConfirming the news about Ranganath's resignation, a statement from Infosys said that he was moving out to "pursue professional opportunities in new areas".
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Infosys to invest Rs 100cr in software development centre in Kolkata, create 1,000 jobs
Business | August 13, 2018 21:41 ISTThe first phase of the project will be completed within 15 months from the date of obtaining all statutory clearances.
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Infosys Q1 net profit up 3.7% to Rs 3,612 cr; announces 1:1 bonus issue
Business | July 13, 2018 23:51 ISTRevenues from operations of the Bengaluru-based firm grew 12 per cent to Rs 19,128 crore in the April-June quarter compared to Rs 17,078 crore in the year-ago period, Infosys said in a BSE filing.
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Infosys denies US SEC probe, calls it 'baseless and incorrect'
Business | June 26, 2018 16:37 ISTThe country's second-largest IT services firm also asserted that it has sufficient time to file a key US regulatory document -- the subject of a recent whistleblower complaint -- and said the filing will be made "within the stipulated time".
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Infosys launches new Microsoft Cloud Business Unit
Technology | May 31, 2018 20:47 ISTThe centre will enable incubation, co-innovation and proliferation of solutions leveraging Microsoft Cloud services.
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Massive drop in H-1B approvals for Indian IT companies in 2015-17
India | April 25, 2018 13:53 ISTThe top-seven Indian based companies received only 8,468 approved H-1B visa petitions in the financial year 2017, a decline of 43 percent for these companies since the financial year 2015.
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