Page 52 - Infosys

Infosys rally likely to be short-lived; tender shares in buyback: analysts

Another reason, analysts say, why the cheer may just be short-lived is the buyback offer. For Infosys to get back the trust of long-term investors, they will have to enunciate a business strategy soon

New CEO in place, buyback begins: What lies ahead for Infosys?

Infosys could remain as a wealth protector in the Indian equity markets for a while and even beat the inflation rate quite consistently over the next two decades.

Infosys Finacle launches blockchain-based trade finance solutions for banks

It is available for functions including bill collection, letters of credit and invoice financing among others

Infosys shares shrug off Sikka blues, rallied 16% in last 3 months

Infosys has emerged unscathed from the untimely exit of high-profile chief executive officer (CEO) Vishal Sikka, if stock price performance is anything to go by. After dropping close to 15 per cent due to uncertainty created by Sikka's exit, the stock has recovered most of the lost ground.Shares of Infosys shares have gained nearly 16 per cent since August 21 (first trading day after Sikka announced his resignation). In comparison, the benchmark Nifty has gained seven per cent and other technology stocks including Tata Consultancy Services (TCS), Wipro and HCL Tech have remained flat during the same period.While the Rs 13,000-crore buyback has provided some impetus to the stock, brokerages believe competitive edge over other peers is the main driver behind the rally. The gains have come even as the Bengaluru-based company is scouting for a full-time replacement of Sikka.Domestic brokerage Ambit says the Street need not worry about the new CEO -King as Infosys has strong portfolio ...

Infosys hits over three-month high; stock up 10% in November

The stock was trading at its highest level since August 18, 2017, at Rs 1,011, up 2% on Friday, extending its Thursday's 2.6% gain on the BSE.

Infosys buyback to begin on November 30

The IT bellwether has set the last date of settlement of bids on the stock exchange on Dec 26

Infosys hits over two-month high; stock up 3%

The stock was up 3% at Rs 982 on the BSE in intra-day trade, its highest level since August 21, 2017.

All is well at Infosys, says Narayana Murthy

The firm commissioned an independent forensic investigation on the allegations, raised by an anonymous whistle-blower

All is well under the leadership of Nilekani at Infosys: Narayana Murthy

Nandan Nilekani took charge as non-executive chairman at board of Infosys after its first non-founder CEO Vishal Sikka quit in August citing 'continuous distractions'

Infosys will focus on more innovation hubs in US: Nandan Nilekani

Infosys is planning to set up multiple innovation hubs in the US, the largest export market for Indian IT services firms with its first centre in Indiana planning to hire over 2,000 local engineers to serve customers in the country.The Bengaluru-based IT major plans to replicate in the US a model it perfected in India of hiring thousands of freshers from campsuses, training and deploying them on projects for customers."Increasingly we are looking at how to create more innovation hubs in the US. We will be hiring 2000 people in Indiana (first innovation hub) to create local innovations. What we are realising is over the decade we have built deep capabilities in creating learning infrastructure, capacity building and that investment is very valuable," said Nandan Nilekani, chairman at Infosys here on Tuesday. "(We are) hiring people locally and will see how using our learning infrastructure we can do the capacity building for the future." Indian IT firms, which traditionally sent ...

IT top 5 stay logged into traditional services

Fast-growing digital services still form less than 20 per cent of their revenue

Infosys turns ex-date for share buyback and interim dividend

Infosys was trading 2% lower at Rs 927 on the BSE as compared to 0.21% decline in the S&P BSE Sensex and 0.48% fall in the sector index S&P BSE Information Technology at 10:47 AM.

Infosys to start another round of shareholder outreach in coming weeks

"Second round will start after our results and we expect to complete the shareholders outreach either through meetings or through online questionnaire," Nilekani said

Infosys to expand team to put GSTN on track

GST Council and GoM now face the challenge of reviewing invoice matching functionality of new indirect tax

Why Murthy-Nilekani clash is unlikely at Infosys

Murthy is unhappy with the Infosys board being cleared by the new chairman of any alleged wrongdoing in the Panaya deal and the severance payout to former CFO Rajiv Bansal

Infosys trades firm post September-quarter earnings

The stock hit an intra-day high of Rs 944, bouncing back 3% from its early morning low of Rs 915 on the BSE

Infosys fixes record date for interim dividend

Infosys fixes record date for interim dividend

Infosys standalone net profit rises 2.96% in the September 2017 quarter

Infosys standalone net profit rises 2.96% in the September 2017 quarter

Infosys consolidated net profit rises 3.33% in the September 2017 quarter

Infosys consolidated net profit rises 3.33% in the September 2017 quarter

Infosys share buyback: An arbitrage opportunity

The company is likely to announce its September quarter results on October 24