Search Results for: Infosys

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

Sikka Reboots Infosys to Become Industry Bellwether Again

Sikka has got cracking to renew the $8.3-billion company's efforts to catch up with the industry's revenue growth in double-digit.

Oct 14, 2014

Foreign Investors Take Flight following Negative Global Cues

The FPIs went on a selling spree by shedding-off shares worth $200.33 million.

Oct 11, 2014

Infosys posts higher-than-expected profit, keeps annual sales growth outlook

Bangalore, Oct 10 (ANI): Infosys Ltd wants to revive growth through automation and artificial intelligence, its chief executive said on Friday (October 10), boosting investors' confidence in Bangalore after it posted a forecast-beating quarterly profit. Chief Executive Vishal Sikka was brought in earlier this year to chart a new strategy for Infosys. Sikka said Infosys' future now lay in new technologies, and that it would look into acquisitions to expand into those areas. Sikka also added that the firm expects revenue in the fiscal year ending in March 2015 to rise 7-9 percent, maintaining the guidance it had given in July and meeting expectations of most analysts.

Oct 10, 2014

Infosys Q2 Profit Rises 28.6%, Shares Jump on Bonus

Infosys also declared 1:1 bonus shares to investors.

Oct 10, 2014

Infosys Whistleblower in US Files Second Lawsuit; Seeks Reappointment, Compensation

In the first lawsuit filed by the whistleblower Jack Palmer, Infosys had to pay $32 million to the US government for civil settlement of visa fraud case.

Oct 9, 2014

Who are India's Lowest Paid Executives?

Of the 20 lowest paid CEOs, about 25% of them were from banks and financial institutions.

Sep 23, 2014

Sikka's Arrival Brings Infosys Execs into ₹6-Crore Salary Group

HR executive of Infosys expects that the company would hike the salary of top 300 executives.

Sep 23, 2014

BSE closes points 480.92 up on September 18

New Delhi, Sept 18 (ANI): Trading at the Bombay Stock Exchange today closed 480.92 points up to stand at 27,112.21. At the National Stock Exchange the Nifty closed 139.25 points up to stand at 8,114.75. UNITECH and HDIL were among the top gainers of Group A with an increase of 13.94% and 9.36% along with INDHOTEL and ADANIPOWER with an increase of 9.13% and 7.22% respectively, while the top losers of Group A include BRITANNIA and BHUSHAN STEEL LTD. with a decrease of 2.35% and 1.88% along with GMDCLTD and INFOSYS LTD. with a decrease of 1.36% and 1.35% at the close of the markets. The Auto sector is up 474.62 points at 18,221.49 while the banking sector is up 358.20 points at 18,488.77 and the reality sector is up 79.40 points at 1,788.61. The Indian currency is up 0.02% at Rs 60.94 per dollar.

Sep 18, 2014

ITC Replaces TCS as India's Most Admired Company

ITC has been ranked first among 45 most admired companies in India for 2014 by Fortune magazine.

Aug 24, 2014

Three Former Infosys Executives Press for ₹11,200 Cr Share Buy Back to Boost Confidence

Infosys Shares Rise on Buy Back Proposal: Move Could Erode Cash Balances, Hit Acquisitions

Aug 6, 2014

Ratan Tata to Invest in Snapdeal to Join E-commerce Boom?

Tata would be the second Indian business tycoon after Wipro's Azim Premji to invest in the four-year-old firm.

Aug 6, 2014

Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

Indian shares ended higher on Monday, snapping two days of fall as software services exporter Infosys rallied on weaker rupee, while lenders gained a day before the central bank's policy review.

Aug 4, 2014

Sensex Closes Lower on FII's Selling Pressure; WPI Inflation Rates Ease to 4 Month Low

BSE Sensex closed lower on Monday, after falling for previous four sessions as overseas investors turned sellers.

Jul 14, 2014

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Indian Stocks Trade Lower Following Friday Sale of Shares worth ₹7.23 Billion

Indian stock indices edged lower during trading on Monday after opening on a higher note.