Page 46 - Infosys

Infosys to roll out 6% annual hike for India staff, 1.5% for onsite workers

The IT firm plans to add around 20,000 freshers this year to its workforce

Infosys Q4 profit rises 10.5% to Rs 4,078 crore, meets Street estimates

This is for a second year in a row when the Bengaluru-headquartered firm has reduced its margin forecast

Infosys Q4 PAT up 10% YoY to Rs 4,074 cr, EBIT margin disappoints at 21.4%

The company also declared dividend of Rs 10.50 per share

Ongoing buybacks may boost Infosys shares after April 12 results

On January 11, Infosys had announced to buy back shares worth up to Rs 8,260 crore at Rs 800 apiece

With Salil Parekh at helm, stability back at Infosys; next move awaited

Infosys was able to clock strong revenue growth in the first nine months of FY19, largely supported by large deals

Infosys to buy 75% stake in ABN AMRO Bank subsidiary for $143 million

The all-cash transaction is likely to be complete in the first quarter of 2020, subject to regulatory clearance

Infosys to buy 75% stake in ABN AMRO's mortgage services arm for $143.5 mn

ABN AMRO will continue to hold the remaining 25 per cent stake in Stater, which operates in the Netherlands, Belgium and Germany

Infosys to provide digital solution for French Open tennis tournament

The collaboration is aimed at enriching the game by providing fans, players and coaches with a new experience leveraging Infosys' expertise in digital technologies

Infosys won't compromise on growth margins: CEO Salil Parekh

Salil Parekh said the firm was strengthening its marketing muscle by hiring more number of people as part of its go-to-market strategy

Infosys fines Kiran Mazumdar-Shaw for breach of insider trading norms

Biocon chairman & lead independent director at Infy fined ~9.5 lakh for selling firm's shares without intimation

Infosys settles case with Sebi, pays Rs 34 lakh towards settlement

The regulator had initiated the adjudication proceeding against the technology major in 2017

Infosys unveils app to offer learning experience for engineering students

The learning courses will be centered around conceptual and practical aspects of technology

Infosys plans to double campus hiring in US as part of localisation drive

Infosys had recruited 2,500 fresh graduates in last 18 months

Over 250 interns across globe joined Infosys' InStep internship programme

Infosys' InStep programme had turned out to be an ideal launch pad for overseas interns to pursue a global career

Infosys jumps 4% as firm raises FY19 revenue guidance

Infosys was trading 3 per cent higher at Rs 702 on BSE, as compared to a 0.55 per cent decline in the S&P BSE Sensex.

Infosys plans less staff deployment to meet future demands, check attrition

With increased onsite and offshore hiring, company wants to stay prepared for new deals

Infosys announces buyback of shares worth Rs 8,260 cr at Rs 800 per share

The firm also announced a special dividend of Rs 4 per share to shareholders that would result in a payout of around Rs 2,107 crore

Robust revenue growth, increase in guidance make Infosys a bullish bet

For Q3, Infosys reported 2.7 per cent sequential revenue growth in constant currency (CC) terms, outpacing a 1.8 per cent reported by TCS

Infosys drops plan to sell Panaya, Skava as they failed to find any buyers

Infosys said upon de-classification, it has recognised additional depreciation and amortisation expenses of $12 million and a reduction of $65 million in the carrying value for Skava

Infosys climbs 3% after co says board will consider share buyback on Jan 11

Shares of IT major Infosys rose as much as 2.8 per cent at Rs 688.70 a piece on BSE in the early trade as the company announced that its board will consider a buyback programme.