According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year
Infosys will consider issuing share buyback and paying out special dividend in its board meeting on January 11, said the company on Tuesday.
Singh was handling the E&U, resources & services vertical worth $1.5 billion
2019 a bigger test as firm continues to deal with rising attrition, margin pressure
Roy, who has been with Airtel for the past 13 years, is the global CFO at the telecom major, a position he has been holding since August 2015
Infosys had picked up a minority stake in CloudEndure
Acquires 81 per cent stake in the joint venture for Rs 1.74 billion
The consideration for the 81 per cent stake, subject to closing adjustments, is JPY 2,762 million
Infosys COO UB Pravin Rao said the inauguration of Hartford technology and innovation hub is an important milestone in the company's ongoing efforts to help American enterprises
As part of its localisation initiatives in Australia, Infosys has already recruited 75 graduates from the country
The first phase of the project is expected to be complete by 2020 end
The JV employees will be able to access the $11-billion company's education and training capabilities to advance their technological skills
The board is in the process of selecting the next chief financial officer
Sanghrajka has spent 13 years in Infosys over two stints and worked in various leadership roles in the finance function
The investment in Texas is part of the company's strategy to drive digital transformation of American businesses
Nilekani also pointed to Aadhar, India's biometric national ID system, as an opportunity for companies like Infosys as well as a tool of empowerment for individuals
Citing the example of Infosys, Narayana Murthy said the company's Mysore training centre has a capacity to train 14,000 people a day
Toombs resignation would be the fifth among high profile ones since Salil Parekh took charge in January as CEO
In the presser following the announcement of the results, the company said large deal wins were strong during the period and several of its sectors are growing over 10 per cent YoY.
The stock was up 3.5% to Rs 721 on the BSE in early morning trade.