Infosys has drawn up a vision to position itself as a next generation services company.
Work on the 340-acre campus expected to be completed by April this year
Beating market expectations, Infosys had reported a 13 per cent jump in consolidated net profit for the third quarter
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
Rao, in his letter, appealed to employees to stay the course, focusing on execution and expanding the services that the company had built over the past few years.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
Vikramank Singh looks back at the year gone by!
Vishal Sikka has little time left to turnaround Infosys.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
India accounted for 2.2 per cent of the revenues of Infosys.
Company feels automation is a big tool to drive down costs and improve efficiency
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
Consolidated net profit rose to Rs 3,465 crore in its fiscal third quarter to December 31.
This challenge has been made a little more daunting with the addition of two new uncertainties.
Infosys had guided for a revenue growth in the range of 11.5-13.5%, which has now been lowered to 10-12%.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
New initiatives expected to bear fruit by middle of 2015
Right now Infosys is somewhat on the up.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
If each one of us puts our minds to it, 2015 will be a year to remember, he said
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
Infosys has been aggressively embracing automation tools.
Erin Green, former head of immigration, Infosys says says only the loss of a big client could push Infosys to correct its internal corporate culture.
Infosys recently hosted its first-ever global hackathon, which was held across 20 locations and saw participation from over 1,100 employees.
Will Infy spring a surprise in subdued second quarter?
The company's executive vice president and chief financial officer Rajiv Bansal has resigned.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Along with a robust set of numbers, the management too sounded confident of its growth prospects
At the end of Q1, Infosys had 1,79,523 employees.
The route to that target is clear in Sikka's mind.
Infosys had earlier this year decided to expand its 'Innovation Fund' five times to $500 million to provide financing to start-ups and new technologies.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
Company says faults, which were noticed soon after system upgrade on March 27, have been rectified
Revenue rose 23.4 per cent to Rs 1,655 crore
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
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