The stock was up 3% at Rs 982 on the BSE in intra-day trade, its highest level since August 21, 2017.
The firm commissioned an independent forensic investigation on the allegations, raised by an anonymous whistle-blower
Nandan Nilekani took charge as non-executive chairman at board of Infosys after its first non-founder CEO Vishal Sikka quit in August citing 'continuous distractions'
Infosys is planning to set up multiple innovation hubs in the US, the largest export market for Indian IT services firms with its first centre in Indiana planning to hire over 2,000 local engineers to serve customers in the country.The Bengaluru-based IT major plans to replicate in the US a model it perfected in India of hiring thousands of freshers from campsuses, training and deploying them on projects for customers."Increasingly we are looking at how to create more innovation hubs in the US. We will be hiring 2000 people in Indiana (first innovation hub) to create local innovations. What we are realising is over the decade we have built deep capabilities in creating learning infrastructure, capacity building and that investment is very valuable," said Nandan Nilekani, chairman at Infosys here on Tuesday. "(We are) hiring people locally and will see how using our learning infrastructure we can do the capacity building for the future." Indian IT firms, which traditionally sent ...
Fast-growing digital services still form less than 20 per cent of their revenue
Infosys was trading 2% lower at Rs 927 on the BSE as compared to 0.21% decline in the S&P BSE Sensex and 0.48% fall in the sector index S&P BSE Information Technology at 10:47 AM.
"Second round will start after our results and we expect to complete the shareholders outreach either through meetings or through online questionnaire," Nilekani said
GST Council and GoM now face the challenge of reviewing invoice matching functionality of new indirect tax
Murthy is unhappy with the Infosys board being cleared by the new chairman of any alleged wrongdoing in the Panaya deal and the severance payout to former CFO Rajiv Bansal
The stock hit an intra-day high of Rs 944, bouncing back 3% from its early morning low of Rs 915 on the BSE
Infosys fixes record date for interim dividend
Infosys standalone net profit rises 2.96% in the September 2017 quarter
Infosys consolidated net profit rises 3.33% in the September 2017 quarter
The company is likely to announce its September quarter results on October 24
The simulator-style drills piloted this summer reflect new thinking at Infosys, as it tries to move beyond the commoditised work of building and managing corporate computer systems
The company has fixed November 1, 2017 as record date for share buyback and for the payment of interim dividend.
The buyback proposal had been approved by the Board on August 19
The facility will provide end-to-end technology, consulting and systems integration services
Mails sent to firms CFO M D Ranganathan and its head of investor relations- Sandeep Mahindroo
nfosys will open a Delivery Center in Marseille (port city of France), which will become a key hub attracting and enhancing local expertise