Page 39 - Infosys

Infosys turns ex-date for 1:1 bonus; stock hits new high

Infosys hit a new high of Rs 737, up 3% (adjusted to bonus issue) on the BSE after the shares of country's second largest IT services company turned ex-bonus in the ratio of 1:1.

Infosys gains on fixing record date for 1:1 bonus

The stock was up 1% to Rs 1,397 on the BSE in early morning trade after the Infosys fixed September 5, 2018 as record date for the purpose of allotment of bonus shares / stock dividend.

Infosys opens tech hub in North Carolina, hired 4,700 Americans since 2017

This is a part of the company's effort to boost innovation in this key market apart from driving localisation

Ranganath's exit from Infosys can puncture stock's momentum, say analysts

The exit, which was announced on Saturday, triggered a knee-jerk reaction in the stock that slipped around 4 per cent in intra-day trade once the markets opened for trade on Monday to Rs 1,373 levels

Infosys recovers after 4% drop in early trade as CFO Ranganath quits

The stock was trading 2% lower at Rs 1,401, recovered from its early morning low of Rs 1,374 on the BSE.

Infosys CFO Ranganath quits; move may impact firm's stabilisation efforts

M D Ranganath's departure an irreparable loss for Infosys at such a critical juncture, says founder Narayana Murthy

Infosys CFO Ranganath steps down, will continue till November 16

The company's board will immediately commence the search for the next CFO, Infosys said

Infosys to go ahead with Kolkata project worth Rs 1 bn without SEZ status

The Bengaluru-based IT major announced the commencement of work for building a software development centre with an initial investment of Rs 1 billion without any kind of tax sops from the government

Infosys to spend Rs 7.5 bn in upcoming Noida software development facility

The Uttar Pradesh government has allocated 27.5 acres of land for this upcoming project

Infosys takes Finacle on cloud to Australia; will bring it to India soon

In Australia, Infosys built its own data centre in Melbourne to host the software, and is offering the banking client Finacle as a service

Increased rejection of work visas may raise project costs: Infosys

Infosys has been increasing local hirings in key markets like the US to tackle increasing scrutiny around work visas by various governments

Faster rate of wage hike may impact profitability, says Infosys

The Bengaluru-headquartered firm also said that it was witnessing faster rise of wages in India amid competitive pressure

Infosys loses 44% of its investment in Panaya, may see further erosion

Panaya was the first buy under then CEO Vishal Sikka

Infosys sees higher attrition among employees with 2-4 years experience

Infosys added 17,709 professionals during the first quarter on the gross basis, he said adding at the end of first quarter it had 209,905 employees

Infosys surges 6% post Q1 results; market cap crosses Rs 3-trillion mark

Infosys hit a new high of Rs 1,384, up 6%, bouncing back 7.5% from its early morning low of Rs 1,288 on the BSE.

Infosys sees subcontracting costs going up a notch higher in June quarter

The subcontracting costs of the company in the quarter stood at Rs 12.9 billion, a growth of 17 per cent over the previous quarter

More numbers of high performers quit Infosys in Q1 than in past quarters

Company says confident of containing this with 'specific interventions'

Infosys Q1FY19 earnings preview: Here's what to expect today

Operational efficiencies and rupee depreciation benefits likely to be offset by wage hikes

Nandan Nilekani may have a longer stint at Infosys; Q1 earnings on Friday

Company to come out with first quarter results today, three days after TCS posted better-than-expected numbers on all fronts

Infosys records sharpest single day fall in 10 months; stock falls 4.5%

Infosys ended 4.5% lower at Rs 1,284.50, its sharpest single day fall since August 21, 2017.