Will Infy spring a surprise in subdued second quarter?
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
Gives more reporting options to staffers who wish to flag a wrong practice; sequel to changes required from US law, experience.
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services.
As many as 13 RRBs have finished implementing Finacle CBS solution for their operations.
Software major Infosys on Thursday said it would spend A$ 800,000 over four years in Australia's Smart Internet Technology Cooperative Research Centre (Smart Internet) for conducting research and development in emerging technology areas.
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
Oil companies, cement makers, IT stocks lead declines.
Despite a shrinking market share and declining profitability, Murthy's return helped Infosys get a double thumbs-up from investors.
These jobs are not being cut and that the employees will be reallocated to other projects
Among the Sensex firms, NTPC, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank, Tata Steel, Asian Paints, Bharti Airtel, Power Grid, Titan and HDFC Bank were the major gainers. Bajaj Finance, Bajaj Finserv, Infosys, Tata Consultancy Services, Tata Motors and HCL Technologies were the laggards.
We have initiated the search now to ensure we have a seamless management transition to the next leader, says K V Kamath.
Infosys has has the highest proportion of non-independent directors on its board.
With employees as brand ambassadors, can the company get the grime off its image?
CEO Vishal Sikka's strategy is in line with focus on academic research in new technologies.
Infosys has signed a deal with Fujitsu to provide co-development and functionality enhancement services to the Fujitsu suite of software products.
Sikka has influenced the company to break away from the old mould in more ways than one.
Certain changes in the past two or three years could have a long-term structural impact on the IT services market.
IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". The Bengaluru-headquartered company, which recently saw a change of guard with Srinivas Pallia taking over at the helm as the new chief executive officer, has given an IT Services revenue growth guidance in the (-)1.5 per cent to +0.5 per cent band for June quarter on a constant currency basis.
Last year in the same quarter, Cognizant had toppled Wipro as the third largest software exporter in India.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
Infosys to open first overseas campus in China
Vishal Sikka's may be a formidable name in the global technology segment, but he isn't your average geek who has time only for technology labs and technical journals.
A 700-750 pence per share final price for Axon ($900-910 million) cannot be ruled out by the time the bidding war ends, say CLSA analysts. However, regardless of whoever wins this largest overseas acquisition, Emkay Global Financial Services analysts opine that Axon could well prove to be a winner's curse since a long-drawn bidding war might tell on the bottom lines of both firms.
Infosys has a new M&A head to enhance trust on inorganic growth.
Information Technology major Infosys on Tuesday signed an agreement with Australian company Smart Internet Technology CRC to partner in research and development projects.
Sources said the spin-off, a joint venture company, was yet to be named.
Sun Pharma, Bajaj Finserv, Tata Consultancy Services, Infosys, Hindustan Unilever, JSW Steel, Wipro, Maruti, HCL Technologies, Tech Mahindra and ICICI Bank were the other major gainers. State Bank of India, Tata Motors, Axis Bank, Kotak Mahindra Bank, Bajaj Finance, Tata Steel, Nestle and HDFC Bank were the laggards.
Parekh in a video address to employees expressed delight on leading the iconic company
The curtains are set to come down on one of India Inc's most celebrated succession dramas.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Larsen & Toubro was the biggest gainer in the Sensex pack, rising 2.35 per cent, followed by Titan, Tata Consultancy Services, Maruti, Mahindra & Mahindra, Infosys, ICICI Bank and Asian Paints. In contrast, Power Grid, Nestle, NTPC, HCL Technologies and Bajaj Finance were among the laggards.
The US had initiated investigation against Infosys and its larger rival Tata Consultancy Services (TCS) for possible violations of H-1B visa rules in June.
Infosys, the country's second largest information technology services company, expanded its Executive Council (EC) on Thursday, with the induction of 12 new members.
Infosys will be a strategic partner under Deutsche Bank's Supplier Partnership Programme.
To hire 300 graduates in those regions in FY15; moves staff with strong tech skills into sales.
Infosys has a long way to go as far as IT business is concerned, said Kris Gopalakrishnan, CEO Infosys Technologies Ltd.
The new CEO's next challenge is to grow margins.
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