Acquires 81 per cent stake in the joint venture for Rs 1.74 billion
The consideration for the 81 per cent stake, subject to closing adjustments, is JPY 2,762 million
Infosys COO UB Pravin Rao said the inauguration of Hartford technology and innovation hub is an important milestone in the company's ongoing efforts to help American enterprises
As part of its localisation initiatives in Australia, Infosys has already recruited 75 graduates from the country
The first phase of the project is expected to be complete by 2020 end
The JV employees will be able to access the $11-billion company's education and training capabilities to advance their technological skills
The board is in the process of selecting the next chief financial officer
Sanghrajka has spent 13 years in Infosys over two stints and worked in various leadership roles in the finance function
The investment in Texas is part of the company's strategy to drive digital transformation of American businesses
Nilekani also pointed to Aadhar, India's biometric national ID system, as an opportunity for companies like Infosys as well as a tool of empowerment for individuals
Citing the example of Infosys, Narayana Murthy said the company's Mysore training centre has a capacity to train 14,000 people a day
Toombs resignation would be the fifth among high profile ones since Salil Parekh took charge in January as CEO
In the presser following the announcement of the results, the company said large deal wins were strong during the period and several of its sectors are growing over 10 per cent YoY.
The stock was up 3.5% to Rs 721 on the BSE in early morning trade.
Revenue for the period, at Rs 206.09 billion, showed a healthy growth rate of 17.3 per cent on a year-on-year basis
In October 2015, Bansal had quit the Bengaluru-headquartered firm
Infosys won contracts worth over $2 billion in Q2, its highest ever, indicating brighter growth prospects
"We have set ourselves at transformation plans. On that we have started a journey in first two quarters, where we have started to track several areas"
IT major Infosys on Tuesday reported a net profit of Rs 41.10 billion for the September quarter of FY19.
Ravi Kumar, a president of Infosys, described the office as "a manifestation of what the future is going to look like."