Infosys

Enhancing its BPO services, Infosys takeovers Eishtec in Ireland

The analysts have said that acquisition would be part of Infosys's strategy to expand its BPO services in the Irish market.

Oct 9, 2019

FM Sitharaman announces steps to boost liquidity, demand

Pre-Diwali bonanza for India Inc? Govt announces bold reforms to kick start the economy

Finance Minister Nirmala Sitharaman exhibited boldness while announcing the decisions and instead of being nervous about the revenue shortfalls, she conveyed a clear message that growth is now the topmost priority.

Sep 21, 2019

It's official: Cognizant CEO announces job cuts by October end

Notably, since he took over as Cognizant's CEO in April, his main focus has been on the company's cost competitiveness.

Sep 6, 2019

Will Airbus' move to expand digital services centre in Bengaluru boost Make in India?

European aircraft maker plans to double the staff in its information management centre in Bengaluru to reduce outsourcing.

Sep 5, 2019

What's the salary of Tata Sons chairman N Chandrasekaran?

Mukesh Ambani, the chairman of Reliance Industries Limited, took home a remuneration of Rs 15 crore in the last year.

Aug 14, 2019

Tata Group keeps top spot in brand valuation survey; Here are Top 50 firms in India

Second in the list after the Tata Group is the Life Insurance Corporation with its valuation at about $7.2 billion.

Jul 18, 2019

Infosys tightens the belt to protect margins as staff attrition rate skyrockets

The IT major is taking several measures to contain the fall in margin including withholding salary hikes to senior employees and suspending bonus payments to the staff of vice president level and above.

Jul 16, 2019

Infosys net up 5.1% yearly, down 6.8% quarterly

Addition of 70 new clients during the quarter has taken their total number to 1,336, against 1,279 a quarter ago and 1,214 a year ago.

Jul 13, 2019

Infosys pays salary hike to 15% senior employees after 3-month delay

Not everyone received the increment. Sources said that delivery managers and other senior executives have received a three–five per cent hike while many others were deferred.

Jul 4, 2019

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Why is Infosys reviving Panaya, the Israeli subsidiary it wanted to sell at slashed rate?

The corporate governance fight created a negative impact on the brand value of Panaya, making it difficult for Infosys to find a buyer for it even after the value was slashed.

Jun 17, 2019

India may be one of the top 20 FDI sources in 2021, a UN report says.

World-beating India Inc may be a top-20 global FDI source by 2021: UN panel

Indian companies invested $11 billion overseas in 2018 and the figure is likely to go up this year putting India among the top-most FDI sources for the global economy, according to a UNCTAD report

Jun 14, 2019

Infosys to digitally transform Finnish postal company Posti

Infosys will be helping the Finland-based postal company manage a cloud workspace and will digitize the infrastructure to a flexible IT service model.

Jun 12, 2019

Wipro CEO Abidali Neemuchwala gets 41% salary hike, overtakes Infosys chief Salil Parekh

Abidali Neemuchwala received about Rs 6.9 crore as salary and allowances, Rs 6.17 crore as commission and variable pay, about Rs 13.85 crore as others and rest in long-term compensation.

Jun 12, 2019

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

As Wipro chairman has announced his decision to step down from office, Murthy recalls that the rejection at their first meeting goaded him on to start his entrepreneurial journey earlier than planned

Jun 7, 2019

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

Wipro gained on National Stock Exchange (NSE) in early trade by going up to a hight of Rs 294.50 after opening at Rs 292.50 tracking the gain in the sector Nifty IT index.

Jun 7, 2019

Does Huawei's Russia 5G deal signal a new world trade order split down middle?

Chinese giant ties up with Russia's MTS to deploy 5G technology as Xi begins three-day Russia visit for a summit with Putin amid escalating US-China trade war.

Jun 6, 2019

Narayana Murthy on Weekend with Ramesh 4

Infosys co-founder Narayana Murthy, Sudha Murthy occupy hotseat on Weekend with Ramesh 4

Infosys co-founder Narayana Murthy's episode in Weekend with Ramesh 4 will be aired on Zee Kannada this weekend.

Jun 1, 2019

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Nifty Bank gains momentum early on while all major bank stocks witness price action led; Nifty IT under scanner as results season continues to unwind with Wipro results scheduled on Tuesday

Apr 16, 2019

Guidance wording lifts TCS; Infosys drops on macroeconomic outlook

Nifty IT is gaining momentum with IT majors unveiling better-than-expected results and positive outlook; TCS bursts through key resistance levels

Apr 15, 2019

Market consolidation to continue amid election uncertainty in a truncated week

IT, banking and oil stocks in focus as earnings season unfolds while election and economy numbers expected to roil shortened week.

Apr 14, 2019

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