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Infosys to delist shares from Paris, London stock exchanges

Infosys to delist shares from Paris, London stock exchanges

🕔19:45, 12.Mar 2018

Bengaluru, March 12  Software major Infosys on Monday said it would delist its American Depository Shares (ADS) from Euronext Paris and Euronext London stock exchanges but continue to trade on the NYSE. “Reason for voluntary delisting is the low average

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Infosys net up 38% in Q3, lowers outlook

Infosys net up 38% in Q3, lowers outlook

🕔10:17, 13.Jan 2018

Bengaluru, Jan 13  Global software major Infosys on Friday reported a record 38 per cent increase in consolidated net profit annually in rupee terms for the third quarter (Q3) but lowered revenue outlook for fiscal 2017-18 to 2.1-3.1 per cent

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Infosys signs agreement with US IRS for lower tax rate

Infosys signs agreement with US IRS for lower tax rate

🕔10:25, 10.Jan 2018

Mumbai, Jan 10  Global software major Infosys on Tuesday said it has signed an agreement with the US Internal Revenue Service (IRS) which will lead to an effective tax rate lower by about 100 basis points (bps) for future periods.

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Infosys off-loads stake in ANSR Consulting Holdings

Infosys off-loads stake in ANSR Consulting Holdings

🕔09:53, 30.Dec 2017

Mumbai, Dec 30  IT major Infosys on Friday said that it has signed an agreement to divest its entire investment in ANSR Consulting Holdings. According to a BSE filing, Infosys had a minority investment in ANSR Consulting Holdings, Inc., a

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Infosys to get freehold land for its first venture in Bengal

Infosys to get freehold land for its first venture in Bengal

🕔09:40, 9.Sep 2017

Kolkata, Sep 9  The West Bengal government on Friday approved the entry of IT major Infosys in the state, allowing the company to get land on freehold basis for its maiden IT development centre. The IT firm, in 2010, had

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Infosys to invest Rs 100 cr in Bengal sans SEZ status

Infosys to invest Rs 100 cr in Bengal sans SEZ status

🕔11:46, 30.Aug 2017

Kolkata, Aug 30 Information and Technology giant Infosys would invest around Rs 100 crore in the state without the Special Economic Zone status which it had sought earlier, Chief Minister Mamata Banerjee announced on Tuesday. “InfosysAis coming to Bengal without the

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Infosys Board to focus on bringing stability: Nilekani

Infosys Board to focus on bringing stability: Nilekani

🕔11:38, 26.Aug 2017

Bengaluru, Aug 26  The Board of global software major Infosys Ltd would focus on bringing complete stability to the company, said new Chairman Nandan Nilekani on Friday. “The Board is focused on bringing complete stability to the company. It has

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Infosys co-founder Nandan Nilekani returns as non-Executive Chairman

Infosys co-founder Nandan Nilekani returns as non-Executive Chairman

🕔23:00, 24.Aug 2017

Bengaluru, Aug 24 (IANS) Infosys co-founder Nandan Nilekani on Thursday returned to the global software major as non-Executive Chairman of the Board with immediate effect. “The Board of Directors has appointed Nandan Nilekani as a non-executive, non-independent Director and as the

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Quitting Infosys one of hardest decisions of my life: Sikka

Quitting Infosys one of hardest decisions of my life: Sikka

🕔22:45, 24.Aug 2017

  Bengaluru, Aug 24 (IANS) Technocrat Vishal Sikka termed his dramatic resignation as CEO of the global software major Infosys as one of the hardest decisions of his life. “It was one of the hardest decisions of my life, but I

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Domestic investors want Nilekani back in Infosys Board

Domestic investors want Nilekani back in Infosys Board

🕔21:04, 23.Aug 2017

Bengaluru, Aug 23 (IANS) Smarting from the fallout of boardroom battles in the software major Infosys on their investments in its stock, a dozen leading domestic institutional investors (DIIs) on Wednesday urged the company to invite its co-founder Nandan Nilekani to

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Infosys extends partnership with Udacity for online training

Infosys extends partnership with Udacity for online training

🕔13:21, 7.Jul 2017

Bengaluru, July 7  IT major Infosys on Friday announced extension of its partnership with global online education company Udacity for the second year. The training project, called “Infosys-Udacity FastTrack Programme”, takes students through a nanodegree course online before joining the

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Infosys pays $1 million for ‘visa abuse’ in US

Infosys pays $1 million for ‘visa abuse’ in US

🕔09:19, 24.Jun 2017

Bengaluru, June 24  Global software major Infosys Ltd paid $1 million (Rs 65 lakh) to settle a litigation on the alleged abuse of visa rules, said New York State Attorney General Eric T. Schneiderman on Friday. “Infosys has agreed for

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Infosys appoints new global heads for RCL, manufacturing

Infosys appoints new global heads for RCL, manufacturing

🕔10:00, 17.Jun 2017

Bengaluru, June 17  IT major Infosys on Friday appointed Karmesh Vaswani as the Global Head of Retail, CPG and Logistics (RCL) and Nitesh Banga as Global Head of Manufacturing. Vaswani and Banga will replace Sandeep Dadlani, President and Head of

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Infosys net up 6.4% for fiscal 2016-17

Infosys net up 6.4% for fiscal 2016-17

🕔11:04, 13.Apr 2017

Bengaluru, April 13  Global software major Infosys Ltd has posted Rs 14,353 crore consolidated net profit for the fiscal 2016-17, registering 6.4 per cent annual growth from Rs 13,491 crore in the fiscal 2015-16. In a regulatory filing to the

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Infosys net up 7% in Q3

Infosys net up 7% in Q3

🕔10:54, 13.Jan 2017

Bengaluru, Jan 13  Global software major Infosys Ltd on Friday reported a net profit of Rs 3,708 crore for the third quarter (October-December) of fiscal 2016-17, registering 7 per cent year-on-year (YoY) growth.In a regulatory filing to the BSE, the

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Infosys net up 6.1% in 2nd quarter

Infosys net up 6.1% in 2nd quarter

🕔11:33, 14.Oct 2016

Bengaluru, Oct 14 Global software major Infosys Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.In a regulatory filing to the stock exchanges,

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Infosys invests in US-based data solution firm

Infosys invests in US-based data solution firm

🕔11:40, 28.Apr 2016

Bengaluru, April 28  Global software major Infosys Ltd. on Wednesday announced investing an unspecified amount in US-based data software firm Trifacta which enables non-technical users to transform data for analysis.“The investment will enable Trifacta provide a data wrangling solution to

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Infosys net up 9.4 percent in fiscal 2015-16

Infosys net up 9.4 percent in fiscal 2015-16

🕔11:40, 15.Apr 2016

Bengaluru, April 15  Infosys Ltd posted consolidated net profit of Rs.13,491 crore for the just-concluded fiscal 2015-16, registering 9.4 percent year-on-year (YoY) growth, as per the Indian accounting standard.In a regulatory filing on Friday to the stock exchange BSE, the

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Infosys to give biofuel stoves in Karnataka district

Infosys to give biofuel stoves in Karnataka district

🕔11:58, 28.Mar 2016

Bengaluru, March 28  Software major Infosys on Saturday unveiled a project for distributing 43,000 bio-fuel cook stoves over the next nine months to 21,500 families in Karnataka’s Koppal district.“The project will be implemented with NGO Samuha, which will train locals

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Infosys offers healthcare analytics on Microsoft cloud

Infosys offers healthcare analytics on Microsoft cloud

🕔09:52, 2.Mar 2016

Bengaluru, March 2  Software major Infosys on Tuesday announced tying up with Microsoft to offer healthcare analytics, using the latter’s cloud platform.“We have developed healthcare analytics solutions to augment the current processes and make them more efficient using Microsoft Cortana

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