Page 57 - Infosys

Appointment 'fairly seamless sort of action': Ravi Venkatesan

Infosys had elevated its Independent Director Ravi Venkatesan as co-Chairman

Era of AI: Infosys' Mana eliminates need for lawyers to process contracts

For now, AI is eating jobs but it will create opportunities for jobs in future, says Vishal Sikka

Appointment of co-chairman to create factions at Infosys board: IiAS

Infosys is now fighting the wrong battle, says IiAS

Q4 results: Infosys faces earnings downgrades on muted guidance

Infosys has not only ended FY17 on a disappointing note with lower-than-expected March quarter performance albeit marginally, but has also started FY18 on a weaker wicket. For one, volume growth of 7.74 per cent for March quarter is almost back to levels of 7.23 per cent seen in September 2014 quarter, when Vishal Sikka was bought in as MD and CEO to prop up the company's fortunes.Secondly, Infosys has given an operating profit margin guidance of 23-25 per cent for FY18 as compared to 24-25 per cent in FY17 (actual FY17 at 24.7 per cent), leading analysts to downgrade their earnings estimate. The early ones show that brokerages have cut net profit estimates for Infosys by 3-6 per cent. An analyst at a domestic brokerage says that the muted revenue growth guidance in constant currency terms at 6.5-8.5 per cent for FY18 was only a slight variation with consensus estimates of 7-9 per cent, but the lower margin guidance has upset the Street. The Infosys stock was the biggest loser in the .

For Infosys' Ravi Venkatesan, technology is a friend, not foe

Ravi Venkatesan is co-chairman at Infosys

Infosys shares drop 4%; likely to impact mutual funds

Shares of Infosys have come off nearly 30% from their 52-week high of Rs 1,278 touched in June 2016

Murthy scores over Seshasayee in Infosys making Ravi Venkatesan co-chairman

Venkatesan has been among the key negotiators with Murthy after he raised concerns over governance

Infosys' hiring dips by 65%; 37,915 techies exit the firm

The company's total headcount for FY 2017 increased 6,320 to 200,364 from 194,044 in FY 2016

Infosys paying Rs 13,000 cr to shareholders is too little: Ex-CFO

Balakrishnan also said there is no substance in appointment of Venkatesan as co-chairman

Increasing commoditisation of services a 'challenge', says Vishal Sikka

About 65% of our workforce produces 55% of our revenue, says Vishal Sikka

Need to reduce 'friction' in India businesses: Narayana Murthy

Says environment must be created where the government has more trust in its entrepreneurs

Infosys Q4 results: Stock falls over 4% on weak guidance

The stock was down 2.5% lower at Rs 944, falling nearly 5% from intra-day high of Rs 991 on BSE

Outlook on IT sector negative; TCS will disappoint like Infosys: SMC Global

Interview with Saurabh Jain, Head-Fundamental Research at SMC Global Securities

Infosys will return up to $2 bn to shareholders; appoints co-chairman

Co finally yielded to pressure for a share buyback from a group of founders and former execs

Infosys results: Sikka struggles with Q4 execution in a bad IT market

Unanticipated execution challenges, distractions in a seasonally soft quarter affected performance

Will Infosys surprise D-Street with a buyback today?

Here is what leading research houses expect from Infosys' Q4FY17 numbers later in the day today

Will Infosys announce a buyback on April 13?

Here is what leading brokerages and research houses expect from Infosys when it announces its Q4FY17 numbers on ThursdayThe fourth quarter results season for financial year 2016-2017 (Q4FY17) kicks off this week, with Infosys set to announce its numbers on Thursday. It has been a challenging quarter for the information technology (IT) companies that saw headwinds on account of H1-B visa related issues. That apart, Infosys had to deal with salary-related conflict between the management and the company's co-founders.The Nifty IT index has been a laggard in the recent rally, underperforming the markets by a wide margin. Since the Nifty50 index hit its recent low in December 2016, the Nifty IT index has gained around 4.6% as compared to nearly 17% rally in former.Against this backdrop, here's what leading brokerages and research houses expect from Infosys' Q4FY17 results:JEFFERIESWe expect revenue growth of 1.2% quarter-on-quarter (+0.9% in constant currency (CC), +5.5% YoY). Growth ...

Stocks drop for third day as Infosys falls before results

The S&P BSE Sensex Index fell 0.4 per cent at 29,575.74 at close in Mumbai

Infosys results may stumble on global headwinds, rupee rally

Firm is also fighting battle to come out clean from complaints of governance lapse

Sikka's good reason clause global practice; Infy disclosure norms not good

Officially, out of Sikka's $11 million salary, $8 million is variable pay