Infosys

Sensex up 200 points; IT, metal stocks rise, EY June report positive on revival

The Indian stock market traded on a positive note on Wednesday morning with the BSE Sensex rising over 200 points.

Jun 30, 2021

Sensex is up 200 points; puts equity benchmarks in green [see details]

On Thursday morning, the leading Indian equity indices traded in the green, with the BSE Sensex surging nearly 200 points. Larsen & Toubro, Infosys, and Tata Steel have been the main gainers on the Sensex so far, while Power Grid, NTPC, and Reliance Industries have been the major losers.

Jun 24, 2021

E-filing: Finance Ministry, Infosys officials to address new I-T Portal glitches

The Finance Ministry will host an interactive discussion with Infosys on June 22 to discuss faults and problems in the recently introduced e-filing system that are causing taxpayer inconvenience.

Jun 16, 2021

Infosys begins internal probe after SEBI order over insider trading

Software major Infosys has said that it has initiated an internal investigation in the matter of insider trading in its scrip wherein SEBI has barred two of its employees among others.

Jun 2, 2021

Great news for Infosys employees; salary hike, special bonus, promotions in offing

Software behemoth today reported a 20.6% rise in September-quarter profit, majorly driven by jump in demand for its new-age digital services such as cloud, data and analytics during the pandemic

Oct 14, 2020

Fact check: No, Sudha Murthy doesn't 'sell' vegetables; viral pic from Seva at an Aashram

A picture Sudha Murthy, chairperson of Infosys Foundation, has gone viral claiming that she is selling vegetables at Bengaluru's Sri Raghavendra Swamy Mutt. Scroll down to read what the reality behind the picture is.

Sep 13, 2020

Infosys beats profit estimates on large deal wins

The Bengaluru-based company's net profit climbed to 42.33 billion rupees ($563.8 million) from 37.98 billion rupees a year earlier.

Jul 16, 2020

Infosys flies techies, families to Bengaluru from US

The special flight with the techies and their relatives landed in the city early Monday, said the spokesperson.

Jul 7, 2020

Karnataka High Court denies bail plea to Infosys techie who urged to spread Covid through sneezing

The Justice observed that Muzeeb, albeit being well educated and employed, uploaded messages which are likely to cause disharmony and panic.

May 26, 2020

From working 60 hours weekly to sounding alarm on hunger crisis, Narayana Murthy schools Indians

Suggesting a revival plan for the economy of the country, Narayana Murthy said that Indians will need to work 60 hours a week for the next 2-3 years.

May 1, 2020

COVIDIOT alert! Infosys employee arrested, sacked from job over 'spread the virus' post

The COVIDIOT has been sacked from his job. Infosys said that his post was against the company's code of conduct and commitment to responsible social sharing.

Mar 28, 2020

Coronavirus in Bengaluru: Infosys vacates its office after employee comes in contact with a COVID-19 suspect

The IT giant Infosys has on Friday, 13 March, suspended its Bengaluru office, evacuating its entire staff after one of its employees came in contact with a suspected coronavirus case. The company informed that the office was sanitized as a "precautionary measure".

Mar 14, 2020

Rishi Sunak, British Deputy FM & Narayan Murthy's son-in-law, tipped to run 'economic super-ministry'

Rishi Sunak, the Conservatives' Chief Secretary to the Treasury, is in line for promotion to a full cabinet portfolio in the reshuffle, according to the reports.

Dec 25, 2019

Infosys row: Company says not aware of any fresh lawsuit

Infosys allegedly made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits.

Dec 14, 2019

More job cuts likely as new Software companies to be taxed at usual 25% rate

In September, Nirmala Sitharaman, announced the reduction in the corporate tax rate to 15%, from the current 25%, for new manufacturing firms, giving a major relief for the Indian corporate sector.

Nov 18, 2019

Infosys row: CEO Salil Parekh under fire again after another whistleblower guns at firm

Claiming to be an employee in the $11-billion company's finance department, the whistleblower complained that he was unable to disclose his identity fearing retaliation.

Nov 12, 2019

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past.

Nov 6, 2019

Infosys says no prima facie evidence found on whistleblower complaints

In a letter to the National Stock Exchange dated November 2, the company said the anonymous complaints were still under investigation.

Nov 4, 2019

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Infosys whistleblower group has sent allegations about unethical audit practices of Infosys CEO Salil Parekh and chief financial officer Nilanjan Roy to US Securities and Exchange Commission; Sebi probe will weaken Infosys shares further in Indian stock markets and New York's Nasdaq.

Oct 24, 2019

Investors lose Rs 53,000 crore as Infosys shares suffer worst fall in 6 years, ends 17% lower

Some anonymous Infosys employees have written to the company board accusing its CEO Salil Parekh and CFO Nilanjan Roy of being involved in unethical practices for several quarters.

Oct 22, 2019