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Infosys

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Infosys shrugs off H-1B visa concerns, plans to ramp up local hiring in US

The plan for addressing H-1 B visa concerns was shared by COO UB Pravin Rao during a conference call post Q4 results. Apr 17, 2017
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Infosys hits a 3-year low in recruitment; hiring falls 65% in FY2017

Statistics gleaned from Infosys reveal that the net employee addition stood at 6,320, marking a consistent fall over three financial years. Apr 13, 2017
Infosys

Infosys Q4 net profit remains flat at Rs 3,603 crore, revenues up 3.4% to Rs 17,120 crore

In dollar terms, Infosys announced that revenues stood at $2,569 million for Q4 and $10,208 million for FY2017; final dividend for FY2017 is Rs 14.75 per share. Apr 13, 2017
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Infosys recognised as a 'leader' in NelsonHall's NEAT report for big data & analytics services

NelsonHall's Vendor Evaluation & Assessment Tool (NEAT) evaluated 13 vendors on two parameters. Apr 6, 2017
An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys transfers Rs 65 lakh in unclaimed dividend to investor protection fund in 3 years

The Companies Act mandates that companies should transfer dividend lying unclaimed for seven years, to the Investor Education and Protection Fund. Feb 24, 2017
Infosys

Infosys: Sensational board meeting proceedings involving ex-CFO Rajiv Bansal over Panaya acquisition

The acquisition price was far higher than the valuation for Panaya, prompting then CFO Rajiv Bansal to walk out of Infosys board meeting. Feb 20, 2017
Satya Nadella

Watch: Microsoft announces strategic partnership with Flipkart; what does this mean for Microsoft Azure cloud platform? [VIDEO]

Microsoft CEO Satya Nadella on Monday announced a strategic partnership with Flipkart, wherein the latter would exclusively use the Microsoft Azure platform. Feb 20, 2017
Infosys CEO Vishal Sikka

Infosys CEO Vishal Sikka says Indian jobs to be worst impacted by automation

Speaking at an investor conference, Sikka completely played down the tussle between the Infosys board and certain founders. Feb 13, 2017
Infosys CEO Vishal Sikka

Infosys hires law firm to review its simmering corporate governance issues

Some Infosys founders expressed concerns about sharp compensation hike for CEO Vishal Sikka and the severance package offered to ex-executives. Feb 10, 2017
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Infosys: Former CFO Pai wants company to look at share buyback, questions severance pay to Rajiv Bansal

Bengaluru-based Infosys should take a cue from Cognizant Technology Solutions (CTS), says Mohandas Pai, ex-cCFO of the company and investor. Feb 9, 2017
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Pune techie murder: Infosys and Capgemini tighten security for female employees

After the murder at the Infosys campus in Pune, we spoke to some women from the city to enquire about the safety measures they want their companies to take. Feb 2, 2017
Nasscom

India's top private banks like ICICI and HDFC rope in robotics to boost services

Automation is changing things like never before in the services sector and concerns are being expressed over the loss of jobs. Jan 31, 2017
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Infosys CEO Vishal Sikka, HR head Shankar make tough comments on jobs, hiring; AI is a big challenge

Artificial intelligence poses a threat to IT jobs, says CEO Vishal Sikka, while Infosys HR head Shankar talks of 'releasing' employees. Jan 20, 2017
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Infosys Q3 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Dec quarter results

The Bengaluru-based firm clocked net sales of Rs 17,273 crore for the quarter that ended on December 31, 2016. Jan 13, 2017
Indian IT professionals

Indian IT firms unrattled by proposed US H-1B, L1 visa curbs

Many Indian IT firms believe that they have reached a stage where they can smoothly adapt to alterations in US immigration rules. Jan 13, 2017
Q2FY17 IT Firms

Infosys Q3 net profit rises 7% at Rs 3,708 crore, lowers dollar revenue guidance

Infosys registered revenues worth Rs 17,273 crore for the third quarter that ended on December 31, 2016. Jan 13, 2017
infosys q3 fy2017 results vishal sikka share price

Infosys to declare Q3 results on January 13

In the context of two cuts in revenue guidance, Q3 results of Infosys and CEO Vishal Sikka's comments will be keenly watched. Dec 15, 2016
Infosys backs domestic start-up

This Indian drone start-up gets backing from Infosys

ideaForge, a Mumbai-based start-up was founded in 2007 by three IIT-Bombay alumni. Dec 15, 2016
BengaluruITE.biz

Indian IT sector needs innovations to stay relevant: Highlights from BengaluruITE.Biz 2016

Hundreds of startups and other technology companies displayed innovative products at BengaluruITE.Biz 2016. Nov 29, 2016
Infosys

Infosys invests in Stellaris Venture Partners

The IT services firm will pump in Rs 31.6 crore in this early-stage venture fund, making it company's second such investment. Nov 23, 2016
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