Page 49 - Infosys

Infosys to digitize software tools for Australian Open, inks 3-yr deal

Infosys will leverage its expertise in emerging technologies like big data and analytics, artificial intelligence as well as virtual and augmented reality

Infosys faces lawsuit in US over non-payment of 1,000 hours of overtime

The Wage and Hour Department in the State of Rhode Island had initiated preliminary investigation into this matter

Infosys is embedding 'specialists' to push sales in digital space

The Bengaluru-based firm said it was helping it to be precise on its offerings with greater understanding of the client needs

Infosys in JV with Temasek for cloud, AI tech, expanding SE Asia presence

As part of the agreement, Infosys will acquire 60 per cent in the joint venture entity in lieu of which the company would invest up to $8.7 million while Temasek will hold the rest

Infosys to hold 60% stake in JV with Temasek, looks to expand in SE Asia

The JV will integrate teams from Infosys and the operations of Temasek's unit in Singapore, Trusted Source Pte Ltd, which currently delivers IT services to Temasek and a number of other clients

Infosys investors selling shares may have to shell out 4-5 times higher tax

After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more

Infosys turns ex-date for 1:1 bonus; stock hits new high

Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE after the shares of country's second largest IT services company turned ex-bonus in the ratio of 1:1.

Infosys gains on fixing record date for 1:1 bonus

The stock was up 1% to Rs 1,397 on the BSE in early morning trade after the Infosys fixed September 5, 2018 as record date for the purpose of allotment of bonus shares / stock dividend.

Infosys opens tech hub in North Carolina, hired 4,700 Americans since 2017

This is a part of the company's effort to boost innovation in this key market apart from driving localisation

Ranganath's exit from Infosys can puncture stock's momentum, say analysts

The exit, which was announced on Saturday, triggered a knee-jerk reaction in the stock that slipped around 4 per cent in intra-day trade once the markets opened for trade on Monday to Rs 1,373 levels

Infosys recovers after 4% drop in early trade as CFO Ranganath quits

The stock was trading 2% lower at Rs 1,401, recovered from its early morning low of Rs 1,374 on the BSE.

Infosys CFO Ranganath quits; move may impact firm's stabilisation efforts

M D Ranganath's departure an irreparable loss for Infosys at such a critical juncture, says founder Narayana Murthy

Infosys CFO Ranganath steps down, will continue till November 16

The company's board will immediately commence the search for the next CFO, Infosys said

Infosys to go ahead with Kolkata project worth Rs 1 bn without SEZ status

The Bengaluru-based IT major announced the commencement of work for building a software development centre with an initial investment of Rs 1 billion without any kind of tax sops from the government

Infosys to spend Rs 7.5 bn in upcoming Noida software development facility

The Uttar Pradesh government has allocated 27.5 acres of land for this upcoming project

Infosys takes Finacle on cloud to Australia; will bring it to India soon

In Australia, Infosys built its own data centre in Melbourne to host the software, and is offering the banking client Finacle as a service

Increased rejection of work visas may raise project costs: Infosys

Infosys has been increasing local hirings in key markets like the US to tackle increasing scrutiny around work visas by various governments

Faster rate of wage hike may impact profitability, says Infosys

The Bengaluru-headquartered firm also said that it was witnessing faster rise of wages in India amid competitive pressure

Infosys loses 44% of its investment in Panaya, may see further erosion

Panaya was the first buy under then CEO Vishal Sikka

Infosys sees higher attrition among employees with 2-4 years experience

Infosys added 17,709 professionals during the first quarter on the gross basis, he said adding at the end of first quarter it had 209,905 employees