Page 48 - Infosys

Infosys beats estimates, Q2 net profit rises 10.3% to Rs 41 billion

Revenue for the period, at Rs 206.09 billion, showed a healthy growth rate of 17.3 per cent on a year-on-year basis

Infosys to pay pending severance package to former CFO Rajiv Bansal

In October 2015, Bansal had quit the Bengaluru-headquartered firm

Infosys: Lower cost pressure, digital business may aid profit margins

Infosys won contracts worth over $2 billion in Q2, its highest ever, indicating brighter growth prospects

Focus on digital, improving cost services with AI, automation: Infosys CEO

"We have set ourselves at transformation plans. On that we have started a journey in first two quarters, where we have started to track several areas"

Infosys Q2 PAT at Rs 41 bn; retains FY19 margin guidance at 22-24%

IT major Infosys on Tuesday reported a net profit of Rs 41.10 billion for the September quarter of FY19.

Infosys built global machine with Indians. Can it adjust to Hire American?

Ravi Kumar, a president of Infosys, described the office as "a manifestation of what the future is going to look like."

Infosys extends gain ahead of September-quarter results

At 01:23 PM; the stock trading 1% higher at Rs 707, extending its Monday's 3% gain on the BSE.

Infosys acquires Finnish salesforce consulting firm Fluido for Rs 5.45 bn

Fluido brings to Infosys globally recognised Salesforce expertise

Moody's assigns A3 rating with stable outlook to Infosys

It pointed out that the Bengaluru-based company's revenue is well diversified geographically, even though the top line is skewed towards the developed markets in North America and Europe

Infosys installs Finacle banking solution at Australian Military Bank

Deployment of Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability

Infosys refreshes its China strategy, to focus on internet services segment

The country's second-largest IT services compnay aligns service offerings to meet local client needs

Infosys to offer cloud solutions to global enterprises on Google Clouds

The $10.9-billion IT behemoth has built AI and machine learning solutions on the Google platform to digitise the data supply chain, such as analytics workbench

Ex-Infosys Board must shell out Bansal severance pay: Whistleblower to Sebi

Infosys lost the arbitration battle against Bansal over his severance package and has been directed to pay the pending amount of Rs 121.70 million with interest to their former CFO

Infosys loses arbitration case against Rajiv Bansal over severance package

The company said the arbitral award remained confidential

Infosys loses arbitration, will have to pay ex-CFO Rajiv Bansal Rs 122 mn

Arbitral tribunal turns down counter-claim for refund of the Rs 52 million previously paid to Bansal

After US, Europe and Australia new hunting ground in Infosys' talent search

Infosys looks to significantly enhance onshore base in key markets, launches campus programme

I will never sacrifice margins for growth: Infosys CEO & MD Salil Parekh

The areas where we had negative growth was in our India business, which is not really a core service, says Parekh

Infosys doubles investment in TidalScale to $3 mn through Innovation Fund

Infosys had previously invested $1.5 million in TidalScale Inc in 2016

Despite Panaya shadow, Infosys is poised for a major inorganic play

CEO Salil Parekh says firm has shortlisted 20 possible acquisitions

IT sector on the move: Infosys signs deal to buy Fluido for $76 million

The acquisition is expected to close during the third quarter of fiscal 2019, said Infosys