Page 28 - Infosys
Whistleblower case: Don't take anything at face value, says Nandan Nilekani
We followed the highest standard of corporate governance and disclosures, says Nilekani
 "Whistleblower case: Don't take anything at face value, says Nandan Nilekani")
Whistleblower case: Infosys audit panel found no 'financial impropriety'
The company said the audit committee found that the 'allegations are substantially without merit'
 "Whistleblower case: Infosys audit panel found no 'financial impropriety'")
Audit panel found no evidence of financial impropriety, says Infosys
The Bengaluru-based company, after its Oct quarter results, had informed stock exchanges of anonymous whistleblower complaints that had alleged certain unethical practices by the top management
 "Audit panel found no evidence of financial impropriety, says Infosys")
Infosys Q3 profit up 23% at Rs 4,457 cr, revenue jumps 7.9% to Rs 23,092 cr
Market analysts said Infosys' performance was in line with their expectations
 "Infosys Q3 profit up 23% at Rs 4,457 cr, revenue jumps 7.9% to Rs 23,092 cr")
Market Wrap, Jan 10: Sensex gains 147 pts, Nifty hits record high of 12,311
IT bellwether Infosys, today, reported 11% qoq jump in net profit at Rs 4,457 crore for the December quarter of FY20. It revised its revenue guidance upwards to 10 to 10.5%
 "Market Wrap, Jan 10: Sensex gains 147 pts, Nifty hits record high of 12,311")
Infosys whistleblower complaint: Audit panel finds no financial impropriety
The Audit Committee concluded that no restatement of previously announced financial statements or other published financial information is warranted, it said.
 "Infosys whistleblower complaint: Audit panel finds no financial impropriety")
Infosys climbs around 2%; all eyes on December quarter results
Any audit committee update on investigation into whistleblower complaints against the company will be keenly watched
 "Infosys climbs around 2%; all eyes on December quarter results")
Top 10 business headlines: PM says economy will rebound, Infosys Q3 preview
From Videocon loan case to Axis Bank hiring, Business Standard brings you the top business headlines of the day
 "Top 10 business headlines: PM says economy will rebound, Infosys Q3 preview")
Infosys Q3 preview: Commentary on BFSI and whistleblower probe report eyed
The IT bellwether is also expected to raise its revenue outlook for the 2019-20 financial year
 "Infosys Q3 preview: Commentary on BFSI and whistleblower probe report eyed")
To tackle inequality, need to create jobs with reasonable income: Murthy
These USD 500 per year translates into around USD 1.5 per day or Rs 100 per day, in which these people have to eat, take care of health, educate their children and pay rent, among others, Murthy said
 "To tackle inequality, need to create jobs with reasonable income: Murthy")
Top headlines: Big win for Cyrus Mistry, Infosys fined $800k for tax fraud
A two-member NCLAT Bench headed by chairperson Justice S J Mukhopadhaya pronounced its judgement over the petitions moved by Mistry and two investment firms challenging his removal from the group
 "Top headlines: Big win for Cyrus Mistry, Infosys fined $800k for tax fraud")
IT sector is likely to hire 10% more freshers in 2020, say experts
People in the know said the total number of layoffs in the IT industry is likely to be more than 50,000 in 2019.
 "IT sector is likely to hire 10% more freshers in 2020, say experts")
Boeing 737 Max crisis: From TCS to Infosys, IT firms risk $1-bn hit
Top Indian IT firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme
 "Boeing 737 Max crisis: From TCS to Infosys, IT firms risk $1-bn hit")
How IT companies are using tech power to make their employees happy
Big data, machine learning and artificial intelligence are helping Infosys provide its employees a new kind of experience on the job
 "How IT companies are using tech power to make their employees happy")
Visa case: Infosys settles lawsuit in US with payout of $800,000
In legal parlance, a settlement involves no formal admission of guilt
 "Visa case: Infosys settles lawsuit in US with payout of $800,000")
Infosys fined $800,000 for worker misclassification, tax fraud in US
California initiated legal actions against Infosys after a compliant was filed by whistleblower Jack 'Jay' Palmer, a former Infosys employee
 "Infosys fined $800,000 for worker misclassification, tax fraud in US")
EdgeVerve's bet on automation segment helps fuel high growth rate
EdgeVerve, a subsidiary of Infosys, provides RPA solutions under its 'AssistEdge' platform, while its AI-based solutions are offered under 'Infosys Nia'
 "EdgeVerve's bet on automation segment helps fuel high growth rate")
Infosys faces class action lawsuit in US for false financial statements
This comes months after a whistleblower complained against Infosys and its CEO Salil Parekh on the similar lines
Infosys ex-CEO Vishal Sikka gets nominated to Oracle's board of directors
Sikka said that for years the Oracle database has been the heartbeat and lifeblood of every large and significant organisation in the world.
 "Infosys ex-CEO Vishal Sikka gets nominated to Oracle's board of directors")
To check attrition, Infosys offers 100% pay hike for 'power programmers'
Firm offering special quarterly skill-based bonus to high performers; attrition rate at present above 20%
