Roy and his associates were jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog over the company's failure to repay billions of dollars to investors who were sold outlawed bonds.
The deal is expected to close in the January-March quarter.
The Bangalore-based company had raised $200 million in July from existing investors.
Kingfisher Airlines Ltd, which has been grounded for almost a year for want of cash, is in talks with a foreign investor for a potential stake sale, Chairman Vijay Mallya said on Tuesday, without naming any investor.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
Most high-profile exit since co-founder Narayana Murthy returned to the helm.
Seeking class action status in a suit filed on August 1 in the US District Court in Wisconsin, Brenda Koehler said Infosys systematically discriminates against people of non-South Asian descent.
The demand relates to certain tax benefits on income from software development done overseas.
Infosys openness backfires as missed guidance frustrates market.
It projected first-quarter revenue for its IT services business to be in a range of $1.58 billion to $1.61 billion - a decline of 0.6 per cent to a rise of 1.6 per cent over the previous quarter.
During the quarter, HCL added 37 customers.
Infosys Ltd, India's No. 2 IT services exporter, forecast lower revenue growth than analysts had expected for this fiscal year, citing a challenging global economy, sending its shares tumbling nearly 18 percent.
The deal highlights industry's growing interest in Fance and Germany.
Tech Manhindra, the parent company, expects to complete merging Satyam with itself in March.
Since a week ago, better-than-expected results from Infosys Limited, Tata Consultancy Services Limited and HCL Technologies Limited sparked a 13 per cent rally in the sector subindex that grinded to a halt on Friday.
Expectations for a rate cut had gathered momentum this week after inflation slowed to its lowest level in three years.
It also gave an upbeat growth outlook, sending its shares up the most in more than eight months.
It said that the company encourages "chronic under-performers" to leave as part of its staff management.
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