The company pays out an interim dividend in October and the final dividend in April of every year. The company has fixed October 19, 2007, as the record date for the purpose of payment of interim dividend, if any.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
India's second-largest software services firm expects its topline to grow 7.5 - 9.5 per cent in FY2019-20 in constant currency terms.
The project is supported by the Department of Jobs through IDA Ireland.
Infosys, the country's second largest software company, on Wednesday expressed concern over the Ohio state government's move to ban IT outsourcing to offshore locations such as India.
It was reported in a section of the media that TBT had filed a suit in June in a New York court against Infosys BPO.
Just before Infosys announces its quarterly earnings, the investor community is abuzz with hopes the information technology (IT) giant might reward shareholders.
Infosys is yet to announce its 2014-15 results.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
Infosys aims to commission 55 MW of solar plants by end of 2016.
Infosys is close to signing an agreement with the state-run Maharashtra Airport Develop-ment Corporation (MADC) to set up an IT campus at an investment of Rs 460 crore (Rs 4.6 billion) at the Nagpur SEZ.
Tata Consultancy Services, India's number one information technology services company, could overtake Infosys to become the most profitable one for the first time on a full-year basis in 2012-13.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
The company has decided to consolidate its delivery functions horizontally
Nia builds on Mana, the first AI platform introduced by the software services major last year. It also includes the robotic process automation capabilities of AssistEdge, another Infosys solution.
Infosys to open first overseas campus in China
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Infosys will declare its July-September quarter earnings on Friday.
Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.
Infosys has raised its annual revenue growth guidance in constant currency terms to 8.4-8.8 per cent for the current fiscal.
Software major Infosys would wait for some more time before taking a decision on the future of its first development facility at Rajarhat near themetropolis.
Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.
The six service lines that Infosys is focusing on include manufacturing, retail, consumer packaged goods, logistics, lifescience, energy, communications, financial services and insurance.
Shares of IT giant Infosys erased early gains and ended with a loss of nearly one per cent on the NSE today on profit-booking after the company named former SAP executive board member Vishal Sikka as its new CEO.
They expressed disappointment over the firm's performance.
Unless Murthy launches an aggressive search for a significant infusion of new blood, he will find it difficult to implement the dramatic changes to Infosys' fortunes that everyone expects him to, says P R Ganapathy.
Infosys, the country's second largest IT services firm, is open to 'bigger scale' mergers and acquisitions but with a caveat, it is not interested in "yesterdays" companies.
Be it the industry laggard performance or harassment allegations by overseas employees, Infosys has a tough road ahead and investors will look at Sikka to sort out the issues.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
With this deployment, Central Industrial Security Force will now extend the security cover being provided to Infosys, covering Infosys' largest facilities in Mysore, Pune and the company's headquarters in Bengaluru.
He may make a comeback as co-chairman at India's second largest software exporter.
Former President A P J Abdul Kalam felicitated the six winners.
While growing up, Infosys was a real role model to all of us. The opportunity to lead this iconic company is something amazing, says Vishal Sikka.
Infosys Consulting Inc, the strategic consulting arm of IT services giant Infosys Technologies, is planning to acquire a small consulting company with revenues in the $100-140 million range (Rs 450-650 crore) as part of its inorganic growth initiatives in the US.Market sources said Infosys had been looking at a suitable acquisition target in the US with consulting expertise in verticals like aerospace, retail, healthcare and financial services.
Palmer had previously tried to take Infosys to court, but his earlier case was dismissed .
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
State government says Infosys is Karnataka's baby and it will give the company full support to stay in the IT Park.
