Infosys on Tuesday said it has signed a new minimum three-year contract with UCAS, the admissions service for UK higher education.
The summon to Parekh was triggered by inaccessibility of the portal during the weekend due to some maintenance activities
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Salil Parekh told Nirmala Sitharaman that over 750 team members are working on this project and Pravin Rao, COO of Infosys, is personally overseeing this project
Finance Minister Nirmala Sitharaman raised concerns over continuing glitches in the nation's new electronic tax filing portal with the chief executive of Infosys Ltd, which had developed the website.
Taxpayers have since faced numerous problems accessing and using the portal since the day of its launch
The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed
The stock has outperformed the market by gaining 13 per cent in the past one month
TidalScale is a software-defined-server technology startup
In the past four weeks, the BSE IT index has outperformed the market by surging 12 per cent, as compared to a 6.4 per cent rise in the S&P BSE Sensex
Markets regulator Sebi on Monday imposed a total fine of Rs 12 lakh on an individual for indulging in insider trading in the shares of Infosys Ltd
In the past two weeks, Infosys has outperformed the market by gaining 7 per cent as against a 1.5 per cent rise in the S&P BSE Sensex
Leading by example and creating "messengers" at lower levels who can share values and ethics are critical instruments for building a "culture of ethics", Infosys co-founder N R Narayana Murthy said.
The flood of money gushing into start-ups is a seminal moment for the markets, even if all this new capital is burned
The government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal between January 2019 and June 2021, Parliament was informed on Monday. "The contract for Integrated e-filing & Centralized Processing Centre (CPC 2.0) Project was awarded through an open tender published on Central Public Procurement Portal (CPPP) to Infosys Ltd, the Managed Service Provider on the lowest cost basis. "Since January 2019 till June 2021, the total amount paid to Infosys is Rs 164.5 crore under this project," Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. He said the Union Cabinet on January 16, 2019, gave its approval for this project at an outlay of Rs 4,241.97 crore for a period of 8.5 years, including payout to the Managed Service Provider (MSP), GST, rent, postage and project management cost. On June 7 this year, the government launched the new income tax e-filing portal as part of the Integrated e-filing and Centralized Processing .
While Q1 numbers show that the top four players are gearing up to capture the demand, the success of this will depend a lot on how they manage their supply side
In a Q&A, Salil Parekh talks about the next phase of growth, sustaining this growth momentum and challenges in the Indian market
The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution across the sector
More than 700 e-mails detailing over 2,000 issues in the portal were received, says minister.
The new centre brings together automotive and IT experts from across Germany into a space for shared knowledge, skills and innovation