The Nasdaq 100 index comprises the largest non-financial stocks on the exchange. In November 2006, Infosys went in for issue of $1.65 billion American Depository Receipts.
The software major has plans to invest Rs 500 crore at Kolkata campus that will create employment for 5,000 professionals. The company is yet to get possession of 90 acres of land assured by the state government. West Bengal Chief Minister Buddhadeb Bhattacharjee on Thursday said that Infosys had shown apprehension about investing in the state following recent incidents in Singur where Trinamool Congress has been agitating against acquisition of farmland by the state governme
To tap the domestic market, the country's second-largest information technology company set up a separate unit within its BPO arm in 2009.
Infosys Technologies is looking for acquistion of companies within $50 and $100-million revenue range in the segment of banking and financial services, besides health and life sciences, Infosys COO Kris Gopalakrishnan said.
Software giant Infosys Technologies will become the first private sector company in India to get security cover from the Central Industrial Security Force, with over 100 personnel to be formally inducted on Friday at its facility in Bangalore.
Head of Infosys' European arm, Srinjay Sengupta, has joined technology and operations firm iGATE Global Solutions as its chief sales officer, iGATE announced on Thursday.
In what will be the first such comprehensive exercise in the IT industry, all the 91,000-odd employees of India's second-largest IT services provider, Infosys Technologies, will now have to pass certification programmes to get promoted. The certification programme, conducted every March, is now being extended across the board and will test the employees' domain expertise, and grade them accordingly to be eligible for promotion.
Nilekani talks about the Infosys success story, new challenges and future plans.
Infosys Technologies Ltd has been recognised amongst the top 16 Asian companies to be listed in the prestigious Most Admired Knowledge Enterprises (MAKE) study, 2009.
The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.
Using its global delivery model for implementation of its many relationships within the financial services market, Infosys was now the fastest growing TSP to the industry.
Bengaluru-based IT major Infosys is growing its footprint in the Nordics by establishing a new proximity centre in Oslo, Norway, as part of its continued expansion plans in the region. The new centre is expected to enable Infosys to attract, re-skill, and upskill local talent to work on global opportunities through next-gen technologies like cloud, AI, IoT, 5G, and software engineering. The Nordic region consists of five sovereign states - Denmark, Finland, Iceland, Norway, and Sweden - besides the three autonomous territories connected to these states: the Faroe Islands and Greenland (Denmark), and land (Finland).
As the demand and costs for computing power soar, a core team at Infosys is undertaking a series of green IT initiatives that could help in raising the bar for green IT practices in the country.
The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.
Infosys Technologies has decided that its staffers must have at least six years of having worked on technology responsibilities before being asked to head a project.
Tata Steel was the biggest loser in the Sensex pack, sliding 8.59 per cent, followed by Tata Motors, Larsen & Toubro, Adani Ports, IndusInd Bank, Tech Mahindra, Reliance Industries, Sun Pharmaceutical, HCL Technologies, Tata Consultancy Services, Infosys, and NTPC, were the major laggards. On the other hand, Bajaj Finance, HDFC Bank, Nestle India, ICICI Bank, ITC, Asian Paints and Axis Bank were among the gainers.
Chief of air staff Air Chief Marshal S Krishnaswamy on Friday visited software major Infosys Technologies and explored opportunities with the IT firm to participate in the country's indigenisation efforts in avionics.
Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday inaugurated Infosys TechnologiesÂ’ Hyderabad Development Centre at an impressive function at Manikonda village near Hyderabad.
Infosys Technologies Limited, a world leader in consulting and information technology services, will announce results for its third quarter ended December 31, 2005, on January 11
The IT major's net sales increased to Rs 4,271 crore (Rs 42.71 billion) from Rs 4,106 crore (Rs 41.06 billion) quarter on quarter.
The company plans to strengthen consulting capability in addressing the needs for the next phase of growth.
Infosys Head India Business Unit C N Raghupathi said for the manufacturing sector, the key areas to focus on include new product innovation.
The amount considered for the acquisition is 1.3 times the revenues Loadstone is expected to garner in 2012
Amidst the slowdown and the freeze on recruitment, there is some good news for students graduating next year: Infosys is planning to begin campus recruitment across the country from January 2010.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
India's second largest software exporter Infosys on Tuesday said it is pursuing 15 deals worth $100 million overseas, while it expects to earn more than five per cent of its total revenue over the next 5 years from the country.
IT major Infosys Technologies would be focusing on emerging countries, including Brazil, China and India.
Infosys Technologies Limited, the Bangalore-based consulting, IT services and business process management company, is leveraging its human resource (HR) development strategies to bring new business into its fold, said company's chief executive officer and managing director S Gopalakrishnan (Kris).
United States, the largest market for the $282 billion Indian IT sector, is a "wild card" for the industry, lobby grouping Nasssom's president Rajesh Nambiar said on Monday. Speaking to reporters Nambiar said the tariff threats by the US may turn out to be the biggest headwind for the sector. "Broadly, if you were to look at the headwinds, the biggest unknown there would be the tariffs and the impact of what happens in the US market," Nambiar said.
The company has invested Rs 193 crore ($45 million) in Infosys Consulting, which includes an investment of Rs 81 crore (Rs 810 million) in FY 08. During fiscal 2005, the company established Infosys Consulting, a wholly-owned subsidiary in Texas, US, to add high-end consulting capabilites to its Global Delivery Model.
Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.
