Search Results for: Infosys

How a Strong Dollar is Affecting Non-US Business of Indian IT Companies

The dollar's rally against its major counterparts is hurting revenues of domestic software services firms in the non-US markets such as Europe, where the demand is already slowing due to sagging economy.

Apr 9, 2015

Salary Hikes to Disappoint Employees This Appraisal Season

Achche din (good days) are still far away, at least for those employed in certain sectors.

Apr 4, 2015

infosys-posts-higher-than-expected-profit-keeps-annual-sales-growth-outlook

Infosys Breaks Convention, Delays Q4 Results

India's second largest software services firm Infosys has broken its usual practice of kicking off the quarterly corporate earnings season, by delaying declaration of its Q4 results.

Apr 2, 2015

Who is Rishi Sunak? Narayana Murthy's Son-in-Law Looks to Win Conservative Seat in UK Elections

Sunak is said to be leading among ethnic minority MPs in the Conservative party.

Mar 23, 2015

India Needs Habitable Cities before Smart Cities

From Ajmer to Allahabad and from Salem to Srinagar, the list of contenders grows, even as India gives shape to a plan and an agreement on what constitutes a smart city.

Mar 12, 2015

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Buys US-based Tech Firm Panaya for $200 million

The all-cash deal is is the company's first acquisition after Vishal Sikka joined the company last June

Feb 16, 2015

IT Exports to Expand by 12-14% in FY15: Nasscom

Nasscom expects the Indian IT sector to clock 12-14% growth in the upcoming fiscal year, on the back of strong economic fundamentals of Western nations.

Feb 10, 2015

Obama, Modi to Address CEO Forum Meeting

Prime Minister Narendra Modi's "Make in India" campaign is said to be the top agenda of the meeting.

Jan 26, 2015

Wipro Q3 Results 'Fires All Engines,' Shares Up By Almost 8%

The Bengaluru based company reported its third-quarter results ended 31 December 2014 after market hours on Friday

Jan 19, 2015

Finance Minister Jaitley holds pre-budget meet with IT sector representatives

New Delhi, Jan 15 (ANI): Finance Minister Arun Jaitley met representatives of Information Technology (hardware and software) sector ahead of the budget to discuss issues faced by the industry. Jaitley is due to present the BJP-led government's 2015/16 budget and its fiscal deficit target to parliament at the end of February. Chief Executive Officer (CEO) of Infosys, Vishal Sikka praised Jaitley for making an effort to meet everyone for pre-budget consultations. The budget statement will be preceded by Reserve Bank of India (RBI) policy meeting on February 03, with some speculation that the central bank could lower its key interest rate, which has stayed unchanged at 8 percent since January 2014.

Jan 15, 2015

Infosys Beats Market Expectations, Net Profit Up 13% in Q3; Employees to Get 100% Bonus Payout

Infosys has maintained its annual sales growth guidance at 7-9 per cent.

Jan 9, 2015

Unionization Of IT Employees? A Resounding 'No!'

The move to unionize IT staff is shortsighted and would steal the industry of its ability to self-regulate and adapt to economic and technological realities.

Jan 6, 2015

WhatsApp update on supported devices in 2017

Ebola in India to Bangalore Terror Attack: Hoax Messages that Went Viral on WhatsApp in 2014

Without cross checking the authenticity and truth behind some messages, many share it to others on WhatsApp, and fall prey of 'hoax' news.

Dec 22, 2014

A WhatsApp message claimed that the city is on red alert following an intelligence input, the Bangalore police,however,stated that it was all a rumour.

Viral Messages on WhatsApp Warning of Terror Attack in Bangalore is Hoax: Police

The rumour claimed that the terrorists will plan a major attack on the campuses of Wipro and Infosys.

Dec 16, 2014

Family of Indian hostage relieved as Sydney siege ends

Guntur/New Delhi, Dec 16 (ANI): Family members of Indian hostage took a sigh of relief after the news came of safe exit of their son in Sydney cafe siege. Infosys employee, Viswakanth Ankireddy was among the several hostages who were safely evacuated from the cafe after being held there at a gunpoint. He is a resident of Guntur district in Andhra Pradesh. Family members were elated to see Ankireddy coming out of the cafe on television, a dramatic end to a standoff that had dragged on for more than 16 hours. Meanwhile, Foreign Ministry Spokesperson Syed Akbaruddin congratulated the Australian authority for handling the grave situation. Australian security forces opened fire as they stormed the Sydney cafe where several hostages were being held. Media said that two people, including the gunman, had been killed.