Page 62 - Infosys

Infosys to give clearer picture on guidance post Q2

Brexit impacting business as clients get cautious, says CEO Vishal Sikka; analysts believe there may be further guidance cut in the offing

Infosys says seeing client-specific softness after Brexit

Company CFO Ranganath D Mavinakere said that he was confident that Q2 growth would be better than the previous three months

Infosys denies laying off 500 people

It said 'few people' and not 500 were asked to leave on grounds of non-performance and disciplinary issues

Infosys hits 52-week low

The stock hit a 52-week low of Rs 1,009, correcting 20% from its 52-week closing high of Rs 1,268 on June 6, 2016.

Are M&As the new normal for big IT players?

Analysts also believe that inorganic route of growth will be crucial especially with digital taking centre stage

Letters: Country risk analysis

With reference to Raghu Krishnan's report, "Brexit tremor hits Infosys" (August 16), the UK's decision to exit the European Union (EU) has highlighted the importance of country risk analysis in the export business. How did a company of the size of Infosys overlook Brexit, when it was known that there was a good chance of the UK leaving the EU at least two years ago?All export majors - whether in information technology or automobiles - should carry out rigorous country risk analysis. Recently, Bajaj Auto faced a receivables crisis for its exports to Nigeria. While payments were guaranteed through a letter of credit, the local government was restricting the outflow of dollars due to a currency crisis in that country. In such cases, local importers are not accountable as they have already cleared their dues in local currency.Country risk analysis has remained on paper and in textbooks. Indian companies should revisit their export portfolios and trim their exports to countries, which are e

Infosys extends downfall; shares dip nearly 2%

Infosys' scrip had fallen by over 1% in the previous session also

Infosys growth estimate could take RBS heat

Analysts peg likely revenue loss at $70-80 million for FY17 due to setback from Royal Bank of Scotland

Brexit tremor hits Infosys

Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers

Infosys touches 8-month low as RBS scraps Williams & Glyn project

The stock was down 3% at Rs 1,028, its lowest level since December 9, 2015 on the BSE in early morning trade.

RBS deal cancellation a setback for Infosys

Move to see 3,000 jobs to be scaled down over the next few months

Infosys builds tool to predict attrition, help in retaining top talent

Infosys CEO Vishal Sikka is pushing the company to adopt more automation in his quest to make the company more productive

Infosys seeks govt nod to set up IT SEZ in West Bengal

SEZs are exports hubs which contribute about 16% to the country's total outbound shipments

Infosys invests $4 mn in Israel's Cloudy

Cloudy is the seventh investment for CEO Vishal Sikka, who has built a $500 mn war chest to invest in startups

Infosys top official to meet Bengal IT minister

Kamath says, they are meeting the minister to take feedback from the govt

Under fire from investors, Infy CEO rejigs top team

Sikka also wrote to employees expressing his disappointment with the company for not meeting targets

I am disappointed, says Infosys CEO Vishal Sikka in a letter to employees

'In Q2, and beyond, we must accelerate our work in all the key strategic aspects of our work, AND we must address the weaknesses of Q1'

Infosys disappoints, stock falls 8.8%

After better than expected show in recent quarters, the June one sees TCS stealing the limelight, after comparing the relative performance

Fund managers in a tizzy as Infosys crashes

Software giant is the second most owned stock in fund managers' portfolios

Revenue miss won't dampen 2020 vision, says Sikka

The IT giant aspires to become $20 bn revenue company by 2020 with an operating profit margin of 30% and revenue productivity of $80,000 per employee