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Infosys forms joint venture with Temasek in Singapore

Infosys forms joint venture with Temasek in Singapore

🕔11:44, 7.Sep 2018

Bengaluru, Sep 7  Indian software major Infosys on Friday said it has formed a joint venture (JV) with global investment firm Temasek in Singapore to service it and its clients in the digital domain. “The JV will integrate our team

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Infosys setting development centre in Noida

Infosys setting development centre in Noida

🕔11:14, 30.Jul 2018

Noida, July 30  Global software major Infosys is setting up a software development centre in Uttar Pradesh’s Noida at a cost of Rs 750 crore, the company said on Sunday. “Prime Minister Narendra Modi felicitated our project at Noida with

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Infosys donates Rs 2.50cr to Kerala hospital

Infosys donates Rs 2.50cr to Kerala hospital

🕔14:43, 24.Apr 2018

Thiruvananthapuram, April 24  Tech major Infosys has donated Rs 2.50 crore to the Neurosurgery Department of the state-run Medical College hospital, here. The money was used to install a brand new neurosurgery dedicated operating microscope, replacing a two decade old

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Infosys pays record 870% dividend for 2017-18

Infosys pays record 870% dividend for 2017-18

🕔09:35, 14.Apr 2018

Bengaluru, April 14  Global software major Infosys Ltd on Friday rewarded its investors with a record 870 per cent aggregate dividend or Rs 43.50 per share of Rs 5 face value for fiscal 2017-18. In a regulatory filing on the

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Infosys buys US firm for $75 mn

Infosys buys US firm for $75 mn

🕔09:33, 14.Apr 2018

Bengaluru, April 14  Global software major Infosys on Friday said it is buying US-based consumer insights agency Wongdoody Holding Co for $75 million (Rs 489 crore). “The board has approved acquiring Wongdoody for $75 million that includes contingent consideration and

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Infosys invests $1.5 mn more in US data firm

Infosys invests $1.5 mn more in US data firm

🕔10:30, 23.Mar 2018

Bengaluru, March 23  Global software major Infosys Ltd on Thursday said it made a follow-on investment of $1.5 million (Rs.9.75 crore) in Waterline Data Science, a US-based data discovery and data governance software firm. “The follow-on investment of $1.5 million

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Infosys to open tech hub in US, hire 1K Americans

Infosys to open tech hub in US, hire 1K Americans

🕔12:50, 15.Mar 2018

Bengaluru, March 15  Global software major Infosys on Thursday said it will soon open a technology and innovation hub in the US state of Connecticut and hire about 1,000 American workers by 2022. “We will open our next technology and

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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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