Infosys | The Asian Age

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The cash and cash equivalents held by the firm came down sharply to $2.324 billion as on September 30 from $2.829 billion as on March 31.

Infosys clocks 9.8 per cent revenue growth in Q2

Infosys declared an interim dividend of Rs 8 per share with record date of October 24.

11 Oct 2019 11:41 PM

Statista surveyed 15,000 respondents from more than 50 countries.

Infosys, TCS, HDFC among 17 Indian firms in Forbes best 'regarded' cos list

IT major Infosys has been ranked third in the list of World's Best Regarded Companies, along with global payments technology company Visa.

24 Sep 2019 3:37 PM

Data lake is a system that stores vast amount of data in its native form at any scale. (Photo: AFP)

Sebi bets big on technology; shortlists Infosys, Wipro, others for data solution

The selected company will be responsible for designing, implementing and supporting a big data solution with analytical capabilities.

24 Sep 2019 1:42 PM

Live Enterprise Suite enables organisations to drive process agility, deliver customer delight and enhance ecosystem value all in real time, the company said. (Photo: File | AFP)

Infosys announces launch of the Live Enterprise Suite

Among others, the suite helps enterprises "reimagine" business processes by applying sentient principles to simplify processes.

13 Sep 2019 12:43 PM

The buyback commenced on March 20, 2019.

Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares

The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share.

27 Aug 2019 9:43 AM

The m-cap of Hindustan Unilever Limited (HUL) zoomed Rs 22,145.92 crore to Rs 3,98,290.92 crore and that of HDFC Bank jumped Rs 18,264.93 crore to Rs 6,23,892.08 crore.

Seven of top-10 cos add Rs 87,966 cr in m-cap; HUL, HDFC Bank shine

TCS, HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the other firms which saw a rise in their market capitalisation.

11 Aug 2019 11:46 AM

Infosys on Friday posted better-than-expected 5.3 per cent rise in its June quarter net profit as it bagged more orders, and raised revenue growth forecast for the current fiscal to 8.5-10 per cent range. (Photo: File | AFP)

Infosys shares jump over 6 per cent after Q1 results

The Infosys scrip rose by 6.15 per cent to Rs 771.85 on the BSE.

15 Jul 2019 12:41 PM

Infosys, which has over 2.29 lakh employees, is also battling high attrition, although the company asserted that this has not impacted its deliverable.

Infosys to hire 18,000 people from campuses in FY20

Infosys added 906 people (net) during the June 2019 quarter.

13 Jul 2019 10:24 AM

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys ups revenue guidance for FY20

It had posted a net profit of Rs 3,612 crore in the April-June 2018 quarter, Infosys said in a BSE filing.

13 Jul 2019 1:25 AM

Infosys Chief Financial Officer Nilanjan Roy said, "Continuing our objective of improving shareholder returns, we have revised our capital allocation policy upwards". (Photo: PTI)

Infosys to return 85 pc free cash via buyback, dividend over 5-year period

Infosys's existing policy was to pay up to 70 pc of the free cash flow annually by the way of dividend and/or buyback.

12 Jul 2019 7:57 PM

Infosys, like many of its peers, has been ramping local hiring in key markets like the US, the UK and Australia to tackle increasing scrutiny around work visas by various governments. (Photo: File | PTI)

Infosys hired 9,100 people in United States in 2 years

The move has helped the company strengthen its business model, said Infosys COO UB Pravin Rao.

24 Jun 2019 8:27 AM

Former chief financial officer of Infosys Ltd V Balakrishnan said the Narendra Modi government should focus on ease of doing business for start-up companies as there are too many regulations required to be comply with now.

New government should focus on improving startup ecosystem: V Balakrishnan

They should have softer regulations for start-ups at least in the beginning years (of startup companies), said V Balakrishnan.

30 May 2019 5:48 PM

In 2015, Infosys was selected by Qudos as the technology supplier in its digital transformation project, with the two entering into a Master Banking Services Agreement.

Oz bank sues Infosys for copyright breach

The case is related to alleged copyright infringement, breaching of contract terms and misuse of confidential information.

25 May 2019 2:09 AM

Infosys had said in March, it will acquire 75 per cent stake in Stater for 127.5 million euros (about Rs 989 crore). (Photo: File | PTI)

Infosys completes acquisition of 75 pc stake in ABN AMRO Bank subsidiary Stater

ABN AMRO continues to hold the remaining 25 per cent in Stater.

24 May 2019 1:56 PM

TCS counter as well, where the stock opened at Rs 2,126.00, then fell to a low of Rs 2,050.25, down 2.19 per cent over its last close. (Photo: PTI)

IT stocks under pressure; TCS, Infosys down up to 2 per cent

Infosys fell to Rs 706.85, down 2.34 per cent over its previous close of Rs 723.80.

20 May 2019 11:18 AM

The company has also tweaked the vesting period of Parekh's annual performance equity grant from the current three years to one year. (Photo: PTI)

Infosys to allocate up to 50 million shares to incentivise staff

The 2019 Plan will be effective on and from the date of receipt of approval of the shareholders.

17 May 2019 9:05 AM

Infosys Foundation chairperson Sudha Murty.

Home Ministry cancels registration of Infosys Foundation

Registration cancelled for alleged violation of norms in receiving foreign grants said officials,

13 May 2019 1:31 PM

Cognizant cited "first quarter underperformance" and likelihood of slower growth in financial services and healthcare as reasons for the massive cut in full-year outlook.

IT shares tumble after Cognizant cuts growth outlook; TCS falls 3.70 pc

A strengthening rupee also weighed on the IT counters.

03 May 2019 5:16 PM

The cloud computing system helps entities use software, store data and other IT related work without the need to buy complete software or hardware that they may need for computing purposes. (Photo: PTI)

Huawei, Infosys sign partnership pact for cloud computing business

As part of the agreement, Infosys will join the Huawei Cloud Partner Network and two companies will develop new cloud solutions.

24 Apr 2019 1:04 PM

In January, Infosys has already hired over 7,600 staff in the US - more than three-fourths of its target of recruiting 10,000 American workers. (Photo: AFP)

Infosys to roll out incentive scheme for staff with digital skills

Infosys announced its fourth quarter financials reporting a 10.5 pc growth in consolidated net profit at Rs 4,078 cr.

16 Apr 2019 8:37 AM

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Farrukh Dhondy