Software major Infosys Technologies announced on Wednesday the launch of South Asia chapter of Fulcrum -- the Finacle User Forum.\n\n\n\n
Infosys Technologies and Association for Computing Machinery have signed an agreement to create a new annual award that recognises young scientists and system developers.
IT major Infosys Technologies has incurred a capital expenditure of Rs 63 crore in its three loss-making subsidiaries in China, Mexico and the US.
We are very clear we are building a company that will outlast the founders, demonstrate its longevity and sustainability, and be there for several generations, says the Infosys CEO.
While IT bellwether Infosys Technologies added 4,429 to its headcount in the last quarter, three of its employees were also in the news for the wrong reasons leading to two suspensions and one sacking in the IT firm.
IT giant Infosys Technologies on Thursday announced that Prime Minister Manmohan Singh will inaugurate the company's corporate training centre in Mysore on Saturday.
IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
Key among those would be US Federal Reserve Chairman Ben Bernanke's speech late on Monday evening, fourth-quarter earnings report by information technology major Infosys Technologies and India's industrial production data during the week.
Investors in India's information technology (IT) companies are likely in for more pain ahead as muted earnings for the first quarter of 2025-26 (Q1FY26) play spoilsport at the bourses in the worst-performing sector this year amid macro uncertainties. Investors, analysts suggest, can look for better opportunities in the markets as things stand.
The process is long-drawn, meticulous, and in consonance with the company's stated vision: 'To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people.'
US-based PerformanceRetail, Inc, which provides technology solutions for the retail industry, said it had picked India's Infosys Technologies Ltd to provide it services in product development and maintenance.
IT bellwether Infosys Technologies is on the prowl to acquire small and medium business process outsourcing companies that fit strategically with the operations of its subsidiary, Infosys BPO.
Constraints in acquiring land is hindering software major Infosys Technologies from expanding further in Bangalore, Nandan M Nilekani, chief executive officer, and managing director said on Wednesday.
Infosys Technologies has placed around 5 per cent of its global workforce under the scanner. The move, which is being seen as an offshoot of the global financial meltdown, is expected to affect over 5,000 of the 100,000-plus employees on the company's rolls.
The Indian IT industry has consistently protested the anti-outsourcing rhetoric of American politicians.
'You are a guest in the US. It's not your home, you're a guest. If they don't feel comfortable, you have to step out.'
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).
IT industry's two giants present a contrast.
With a view to tap the east Europe market better, the Nasdaq-listed software major Infosys is planning to set up a centre in Czechoslovakia for both information technology and business process outsourcing operations.
He spoke on key strategies the company is adopting to tide over the rough times.
'We treat attrition as a business problem, not just an HR problem,' says Amitabh Chaudhary, Infosys BPO CEO.
"We plan to hire 2,000 people in the next four-five months or by the end of this fiscal. Currently we are 16,000 people in India."
Employees of Infosys Technologies may get pay hikes below 10 per cent this year, the company's chief financial officer S D Shibu Lal said on Tuesday.
Infosys Technologies' third sponsored ADS offering has been oversubscribed 3.4 times on a global scale. Infosys has priced the offer at $53.50 taking the total value of the offer to $1.6 billion.
Quarterly revenues may be volatile, as spending will be driven by the global macroeconomic situation
IT bellwether Infosys Technologies on Tuesday said it has increased its headcount by 4,429 employees in the last 3-month period.
West Bengal government hopes that Infosys Technologies will follow in the footsteps of other IT majors in setting up its development centre in the state.
Infosys Technologies, India's No. 2 software services exporter, is undecided on the timing of its proposed American Depositary Share issue, a company official told Reuters on Friday.\n\n\n\n
The all-cash transaction is likely to be complete in the first quarter of 2020, subject to regulatory clearance.
The deal will give Infosys higher-end consulting capabilities and enable it to grow in a non-linear fashion. It will also enable Infosys to acquire some global names as clients and improve the Indian major's footprints in Europe at a time when Indian firms need to reduce their dependence on the US market.
IT behemoth Infosys Technologies Ltd, which came out with its third quarter earnings, is awaiting approval for 219 patent applications in India and the US.
Perennial traffic problems in Bangalore and high hotel tariff and occupancy rate here are prompting some city-headquartered software biggies to think in terms of owning a hotel on their own for clients and visitors.
Layla Bolten claims she was harassed by colleagues; sues firm in US; company says charges are 'false and baseless'.
Infosys, TCS, and Wipro still rake in profits, but they face challenges ranging from a stronger rupee to the likes of IBM and Accenture romping on their home turf.
Software major Infosys Technologies on Thursday said it has reached an agreement with Citicorp International Finance Corporation to acquire the latter's stake in its BPO arm Progeon Ltd for $115.13 million (nearly Rs 518 crore) in cash.
Paying more attention to offering clients end-to-end solutions, even as the firm grew new lines of business, will be the way forward at Infosys Technologies.
The total headcount of Infosys and its subsidiaries stood at 104,850 employees as on March 31, 2009, the company said in a statement. 'During the quarter, Infosys and its subsidiaries added 4,935 employees (gross). The net addition during the quarter was 1,772,' it stated. In the entire financial year ended March 31, 2009, the company took on board 28,231 employees, but the net additions for the year were just 13,663.
