The suspect has been identified as Bhabhen Saikia, who was deployed as a guard at the Infosys unit, and is being brought to Pune, he said.
The bank (Williams & Glyn's), which was dormant for about 30 years, is being revived by UK-based lender the Royal Bank of Scotland Group Plc.
After Mexico, the company sets up delivery centre in Brazil
Top-level exits at Bangalore-based Infosys may have led to concern about the company's medium-term growth, but these have contributed to Executive Chairman N R Narayana Murthy's strategy of cost optimisation.
Since August 2011, the company has not only lost out to closest peer Cognizant but also increased the gap with larger competitor TCS.
Murthy sought the shareholders understanding, support and encouragement in this exciting and rewarding journey of the next three years.
Infosys Technologies, India's second-biggest software developer, said it plans to raise the share of its revenues from Europe to counter a slowdown in the US, the world's biggest economy, which fetches it about 60 per cent of its sales.
Leveraging next generation technologies like artificial intelligence, software services major Infosys is confident of returning to industry-leading growth and regaining its position as the bellwether of the over $100 billion Indian IT industry.
IT major Infosys Technologies said on Thursday it would soon open a 200-seater BPO facility in Mexico, its first in Latin America, and is also looking at other countries to start such units.
Infosys Technologies Ltd on Tuesday said it is among the eight international companies chosen to be in the first annual list of 'top brands with a conscience.'
Infosys reported revenues of Rs 1,749.33 crore (Rs 17.493 billion) for the period between July to September, an increase of 51.88 per cent over Rs 1,151.80 crore (Rs 11.518 billion) during the same period last year.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
Indian software giant Infosys Technologies Ltd is taking in more entry-level engineers this quarter to cope with rising outsourcing business, matching the record hiring in the preceding three months, analysts said.
With companies keen on maximum utilisation of employees and low tolerance to poor performance in the backdrop of global economic turmoil, nearly 2,100 employees in software firm Infosys have faced the axe.
Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14 per cent in the next two quarters as it gets back to the growth trajectory.
The product will enalble Japanese companies to jumpstart their business operations in India in a short time.
Infosys Technologies Ltd, India's largest listed software services exporter, said on Thursday its quarterly net profit rose 23 per cent, aided by growing outsourcing business, but the result fell short of market expectations.
Infosys Co-founder-turned-Aadhaar Chairman Nandan Nilekani will battle it out against five time MP Ananth Kumar in the Bangalore South constituency.
Life Insurance Corporation of India has sold a group insurance policy with a sum assured of Rs 1,300 crore to Bangalore-based software major Infosys in the biggest scheme ever for group insurance in terms of the sum assured, a senior official said.
Company to set up task force to implement 2,000-plus ideas it has received.
A chartered accountant by training, Bala understands the nuances of electoral politics.
Is Bangalore, India's Silicon Valley and home for some of the biggest information technology firms in the country, slowly losing out to Chennai? It seems so, considering the investment plans of leading IT companies.
Chief Operating Officer UB Pravin Rao said the company will be back to historic performance levels in a couple of years.
The son is not being groomed for a bigger role in the company as of now.
Country's second largest IT firm Infosys has crossed the $2 billion revenue mark in Europe for the first time, driven by strong demand for consulting and system integration (CSI) services.
Software major Infosys on Wednesday said it had identified Thailand as a key target market for its global banking solutions suite, Finacle.
Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.
The $4.6-billion company, which had earlier made an unsuccessful bid to acquire SAP consulting firm Axon that was latter acquired by HCL, would prefer acquiring companies overseas where growing organically is a little challenge, the Bangalore-headquartered company's CEO and MD S (Kris) Gopalakrishna said.
The mishap occurred when glass panes and other materials of the 80-foot pyramid structure, which was being renovated, came crashing down on the workers.
The Bangalore-based company has said in a filing to Nasdaq 'additional information for 2010-11' that the average age of its employees in 2011 stood at 27 years.
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.
Infosys Technologies said on Tuesday that it will decide on issuing bonus shares or stock split during its board meeting in Bangalore on April 13.
Wage hikes in both information technology and BPO sector is not likely to see any moderation from next year but would continue to grow at the current rate of 12-15 per cent annually, a senior Infosys Technologies official said.
H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.
