Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. "Acquisitions will definitely be very accessible in this market from a price point of view," Nilekani told the Wall Street Journal in an interview. "If it makes sense, we'll do it."
A high-level team from Infosys Technologies Limited visited Rajarhat in West Bengal on Tuesday to survey land for setting up a development centre in the state.
'Keeping a bench increases cost. If you keep a bench, the skills may not remain relevant.' 'In the future, bench strength will literally be zero.'
Though the Infosys stock has regularly tanked on days the company's results are announced, it has made up for the losses before the announcement of the next results.
Infosys Technologies Ltd has become the first company in India to obtain BBB rating, higher than the country's sovereign rating (BB+/Stable/B), from global credit rating agency Standard & Poor's, reflecting the company's strong financial profile.
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.
Infosys said on Tuesday it is collaborating with Microsoft to jointly develop industry solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organisations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions are aimed at accelerating the rapid democratisation of data and intelligence that will help businesses increase productivity and drive new revenue growth.
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.
Nilekani talks about the Infosys success story, new challenges and future plans.
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.
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.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
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.
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.
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.
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
Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.
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.
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).
The company plans to strengthen consulting capability in addressing the needs for the next phase of growth.
'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'
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.
