In a move to revamp corporate governance practices, Securities and Exchange Board of India will look afresh at the issue of number of company directorships that a person could hold.
India needs foreign direct investment of $480 billion in the next 10 years if the country wants to achieve the GDP growth it is aiming at, Infosys chairman and chief mentor N R Narayana Murthy said on Monday.
Sore points: Sikka's salary, high severance pay to executives, poor disclosures.
Software major Infosys Technologies Ltd on Thursday said it would contest the ruling by the Chennai bench of the Intellectual Property Appellate Board, which has held that it cannot hold a monopoly on the trademark 'Infosys.'
The time is ripe to accede to the founders' plea to declassify them as promoters.
Infosys Technologies Ltd's chairman and chief mentor N R Narayana Murthy said on Thursday that development of infrastructure, which is one of the most visible signs of progress, is needed to attract foreign direct investment to India.
Indian Institute of Management-Ahmedabad Chairman N R Narayana Murthy on Friday rejected the idea of better-off institutes supporting the weaker ones.
Narayana Murthy, head of software giant Infosys Technologies, has been appointed Thailand Premier Thaksin Shinawatra's adviser on information technology matters.
Plans by Infosys Technologies Ltd, India's number two software service exporter, to enter the booming China market have become stuck in bureaucratic red tape, the company's chairman said on Tuesday.\n
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
As Boris Johnson's "partygate" troubles mount and members of his own Conservative Party demand he step down as the British prime minister, one name is doing the rounds as a frontrunner to take charge -- his Indian-origin chancellor and Downing Street neighbour Rishi Sunak.
Brijmohan Lall Munjal, chairman of the Hero Group, has become the first Indian to be selected to the international panel of judges for the Ernst & Young World Entrepreneur of the Year.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
While some are raising questions over the company's ability to regain its position as the sector bellwether, others believe problems at the company may be "much bigger than anticipated".
Wage hikes and rupee depreciation may affect the business.
In a Twitter post last Friday, the 39-year-old son-in-law of Infosys co-founder Narayana Murthy is seen holding a bag of Yorkshire Tea along with the message: 'Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew.' It attracted a host of trolls and negative reactions, largely directed against the ruling Conservative Party but also targeted at Yorkshire Tea -- one of the UK's oldest tea brands.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Pavin Rao, a 28-year company veteran, to be second-in-command at Infosys.
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
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.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
IT services major Infosys has said wife of one of its co-founder Nandan Nilekani, Rohini Nilekani has raised about Rs 163.58 crore by selling 5.77 lakh of her shares of the company for philanthropic work.
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
Will Murthy's return change the fortunes of Infosys? If yes how soon will the table be turned?
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