Page 31 - Infosys

Infosys to hire 12,000 more tech professionals, fresh grads in US by 2022

In 2017, the company had committed to hire 10,000 locals in two years which it has exceeded. Since then, the Bengaluru-based based firm said, it has created 13,000 jobs in the country

New Infosys AI-powered solution to automate helpdesk operations

Infosys has launched an AI-driven solution that will automate helpdesk operations, allow customers to eliminate manual resolution and build near-touchless contact centers in the Covid-19 times.

IT stocks rally; Mindtree, Wipro advance nearly 3%, Tech Mahindra up 2%

Infosys was up 0.7 per cent and HCL Technologies was up 0.5 per cent.

Infosys independent director Bobby Parikh fined for stock market trade

Parikh was appointed as an Independent Director of Infosys effective July 15, 2020, based on the recommendations of the Nomination and Remuneration Committee of the Board

Infosys fines independent director Bobby Parikh for inadvertent trade

Infosys has imposed a penalty of Rs 2 lakh on its independent director Bobby Parikh for an inadvertent trade by the portfolio management services of his spouse Bela Parikh.Bela -- a joint holder of the account -- had bought 2,754 shares during the open trading window period without the knowledge of Bobby and without obtaining pre-clearance of trade, the IT major said in regulatory filings at stock exchanges late on Friday."Mr Parikh has confirmed that he was not in possession of any unpublished price sensitive information. The audit committee of the company was notified of this matter," it added.Based on Bobby Parikh's submission, the audit committee has concluded that this was an inadvertent trade made without intent to violate the company's insider trading policy or the SEBI's Prohibition of Insider Trading Regulations, 2015 (PIT Regulations)," the filing said."However, the audit committee has determined that there was a violation of the company's policy and PIT Regulations and has .

Infosys fines director for 'inadvertent trade' by wife's portfolio manager

A penalty of Rs 2 lakh has been imposed on Bobby Parikh, Infosys said in a regulatory filing

Infosys extends support for GovHack 2020 in Australia, New Zealand

IT major Infosys on Friday announced extention of its support for GovHack 2020 in Australia and New Zealand

Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'

"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said

GDP growth might hit the lowest since 1947, warns N R Narayan Murthy

He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies

TCS, Infosys, and Dr Reddy's shares hit fresh record highs

Dr Reddy's rallied 5 per cent to Rs 4,524 today, surging 12 per cent in the past two trading days after the company reported a strong operational performance in Q1FY21.

Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv

Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart

Cash-rich Indian IT services companies go aggressive in M&A space

As capital allocation is altered, dividend payout to dip in the ongoing financial year

Consolidated Edison selects Infosys to digitally transform customer service

It will also enable Con Edison to keep pace with regulatory and technology changes, become technologically nimble, mitigate risks, and become cost effective

Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%

Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period

SD Shibulal's family sells 8.5 million Infosys shares worth over Rs 777 cr

The sale was executed by Citigroup Global Markets India Private Limited as the sole broker

Covid-19 impact: IT bigwigs likely to speed up client staff absorption

Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.

Expert committee invites public comments on Non-Personal Data framework

Kris Gopalakrishnan-led panel shares insights of regulatory aspects of NPD, harnessing economic value of data and various legal aspects related to digital regulatory framework

Infosys forms consortium to offer training, help job seekers in US

The consortium will leverage Infosys Wingspan and pymetrics' AI-based talent-matching platform to meet reskilling and employment needs raised by the Covid-19 crisis in America