Page 41 - Infosys

IT giant's Q4 result: Infosys signs off FY18 with expected numbers

Infosys projected the revenue growth to be in the range of 6-8 per cent in constant currency terms

Infosys to voluntarily delist from Euronext Paris, London exchanges

The proposed delisting is subject to approval from Euronext Paris SA and Euronext London Ltd

Infosys unveils technology and innovation hub in Indianapolis for employees

Infosys on Tuesday inaugurated its Technology and Innovation Hub in Indianapolis, the capital city of the State of Indiana, in the US. First of the four such hubs that Infosys had announced to establish in the US in May last year, the Indianapolis technology hub presently houses about 150 employees. It also serves as an innovation lab, showcasing new prototypes in virtual, augmented and robotic technologies. The company will also use the space to foster co-creation, training and collaboration, the company said in a statement."This will expand our ability to serve clients' needs in cutting-edge technologies and evolve our local workforce to help our clients in their efforts to digitize and renew their core businesses as well as innovate into new breakthrough areas," said Ravi Kumar, President, Infosys.The company said, the Indianapolis hub would train, upskill and reskill employees in the technologies required to help businesses accelerate their digital transformations. It would also ..

Infosys grants nearly 2 mn stock units to Salil Parekh, other key officials

Other members of the leadership team including CFO, M D Ranganath, Presidents Ravi Kumar S and Mohit Joshi have also been given stock units

Infosys gains for second straight day in weak market

The stock was up nearly 4% to Rs 1,189 on Wednesday in intra-day trade, extending its Tuesday's 0.6% gain on the BSE.

Infosys slaps countersuit of Rs 1 billion against ex-CFO Rajiv Bansal

Bansal was entitled to get Rs 173.8 million, about two years of his pay, however, Infosys paid him around Rs 50 million

Digital driving discretionary spends as clients cut budget, says Infosys

Infosys reported faster growth in digital including newer platforms, and services, in the just ended quarter

Infosys hits fresh 52-week high ahead of Q3 results

The stock moved higher by 2.7% to Rs 1,080 in intra-day trade, extending its 4% gain in past three days on BSE

Infosys signs advance pricing agreement with US Internal Revenue Service

Under the APA, Infosys has agreed on the methodology to allocate revenues and compute the taxable income of the company's US operations

Infosys in pricing pact with US IRS, to get $225 mn tax reversal

Agreement covers 2011-2021 period, will enhance predictability of Infy's tax obligations in respect of US operations

Replace Venkatesan, Roopa Kudva in Infosys board, says ex CFO Balakrishnan

It is all the more important to restructure the board and fill it with people of high integrity and stature, says Balakrishnan

Infosys divests investment in ANSR Consulting for $1 mn

In July 2015, Infosys had announced acquisition of a minority stake in ANSR Consulting from its $500 million Innovation Fund

Bansal issue matter of legality, not emotions: Balakrishnan on Infy row

Earlier this year, a whistleblower had written to the market regulator over alleged lapses in the Panaya deal and Bansal's severance pay

How a doubles game works

In cases such as Infosys, a new non-promoter CEO will have to play with multiple stakeholders separately

Infosys rally likely to be short-lived; tender shares in buyback: analysts

Another reason, analysts say, why the cheer may just be short-lived is the buyback offer. For Infosys to get back the trust of long-term investors, they will have to enunciate a business strategy soon

New CEO in place, buyback begins: What lies ahead for Infosys?

Infosys could remain as a wealth protector in the Indian equity markets for a while and even beat the inflation rate quite consistently over the next two decades.

Infosys Finacle launches blockchain-based trade finance solutions for banks

It is available for functions including bill collection, letters of credit and invoice financing among others

Infosys shares shrug off Sikka blues, rallied 16% in last 3 months

Infosys has emerged unscathed from the untimely exit of high-profile chief executive officer (CEO) Vishal Sikka, if stock price performance is anything to go by. After dropping close to 15 per cent due to uncertainty created by Sikka's exit, the stock has recovered most of the lost ground.Shares of Infosys shares have gained nearly 16 per cent since August 21 (first trading day after Sikka announced his resignation). In comparison, the benchmark Nifty has gained seven per cent and other technology stocks including Tata Consultancy Services (TCS), Wipro and HCL Tech have remained flat during the same period.While the Rs 13,000-crore buyback has provided some impetus to the stock, brokerages believe competitive edge over other peers is the main driver behind the rally. The gains have come even as the Bengaluru-based company is scouting for a full-time replacement of Sikka.Domestic brokerage Ambit says the Street need not worry about the new CEO -King as Infosys has strong portfolio ...

Infosys hits over three-month high; stock up 10% in November

The stock was trading at its highest level since August 18, 2017, at Rs 1,011, up 2% on Friday, extending its Thursday's 2.6% gain on the BSE.

Infosys buyback to begin on November 30

The IT bellwether has set the last date of settlement of bids on the stock exchange on Dec 26