It has also informed the Bombay Stock Exchange that the Board of Directors of the Company at its meeting held on October 10, 2014, inter alia, has declared interim dividend of Rs 30 per equity share. The interim dividend declared in the previous year was Rs. 20 per equity share.
Infosys has been struggling to revive high growth for two years.
Some companies are already seeking review of the new norms.
Former finance head Bansal, who left Infosys in 2015, has gone for arbitration over severance pay
If the Indian son-in-law can become prime minister in another country, could the daughter-in-law have not become one here, especially considering that the Indian culture and tradition is for the bahu to live, think and act like her in-laws, asks N Sathiya Moorthy.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Infosys has said it will look into allegations that $200-million Panaya deal was significantly overvalued.
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
I started my journey as the CEO of this iconic company with a mission to transform it on the basis of software, especially (artificial intelligence), and innovation, enabled by education. Three years later, I feel proud of our progress and achievements: Vishal Sikka.
Stamp of approval on CEO's strategy and long-term goal for the company
Rajan's departure from the RBI is an end to 'outside interference' in policy making, government insiders feel.
The city-based firm had witnessed exits, especially of senior level executives, in the last couple of years and one of the main tasks before Vishal Sikka when he took over as the chief executive officer last year was to check the high attrition levels.
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
My interest is to work with young entrepreneurs to build businesses and see if I can add value to the boards of other global companies.
According to a study, Modi's rise to political leadership coincided with the expanding use of social media in India.
Far from public glare, company is investing in tech firms and providing consultancy.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
Revenue of the Bengaluru-based firm grew 1.7 per cent to Rs 17,078 crore in the June quarter as against Rs 16,782 crore in the year-ago period.
Shares in Infosys Ltd rose as much 6.7 percent on Friday, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.
Here was an Indian like you and me, who reached the country's highest office without compromising on his integrity or values. Here was a politician who was not a Muslim, or Tamil, or a boatman's son -- but an Indian president, who opened his office to all Indians, says Sriram Karri.
Designing is another critical area for him, especially in the business of furniture.
IT industry always looks for talent with right technical capability, says Gopalakrishnan
Infosys as working on becoming "independent of the visa issue" as much as possible and hire more locals
Indian cos or academic institutions accounted for only 1,394 patent cooperation treaty applications
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
In our case, the reason for this downward revision of guidance is because there are clients where we have had one time hits because of ramp-downs and things like this, says the Infosys CEO.
Its aim is to make computer programming accessible for everyone.
The country's oldest book awards saw some interesting wins.
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
Vishal Sikka said such a plan is on the anvil.
The route to that target is clear in Sikka's mind.
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