Infosys

Shrugging off Sikka tremors, Infosys buys UK design firm for Rs 63 crore

The IT major acquired the global product design studio company in an all-cash deal worth approximately 7.5 million pounds (Rs 63 crore).

Sep 11, 2017

Infosys to continue hiring 6,000 a year

The company has also increased its hiring process in the US and European markets in a bid to tap opportunities and work on the visa-related issues.

Sep 11, 2017

Cashing in: Infy founders, including Murthy, Nilekani, put up shares worth Rs 2,038 cr for buyback

At the buyback price of Rs 1,150 apiece, the promoters will earn as much as Rs 2,038.94 crore, if the 1.77 crore shares tendered by them are accepted in the buyback offer.

Sep 3, 2017

infosys q3 fy2017 results vishal sikka share price

Infosys seeks shareholder nod to appoint Pravin Rao as MD

Rao will continue to perform his role of COO and interim CEO along with that of MD while drawing his current remuneration.

Sep 2, 2017

Infosys says engaging with shareholders on governance standards

Stronger corporate governance oversight and transparency in communication with investors and shareholders of the company was the key demand of the founders led by N R Narayana Murthy.

Sep 1, 2017

Former Infosys Chairman Seshasayee asks Murthy to stop "personal attack"; here is the FULL TEXT

In a statement issued along with two board directors, Seshasayee asked Murthy to not make "false and slanderous accusations against" him over alleged governance failures during his term.

Sep 1, 2017

IT firms trim Q1 headcount by 3,000, first sequential fall in a decade

The decline in staff could well suggest that there is a slowdown in the industry.

Aug 31, 2017

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Streaming optimism: Infoscions sweep away boardroom blues in new Facebook video

The Facebook video starts with the caption: "The world is focusing on Infosys, what are you focusing on? We ask the Infoscions."

Aug 27, 2017

Nilekani at work: Governance structure and CEO search immediate priorities

His immediate priorities are to help the board to create a long-term governance structure in the company, search and hire a chief executive officer (CEO) and reboot the company's business strategy.

Aug 26, 2017

People started asking who was really in charge at Infosys: Vishal Sikka

In his first interview after resigning from Infosys, Vishal Sikka told the Financial Times, London, that he left after being undermined for many months

Aug 25, 2017

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For stake's sake: When Blackstone's bid for a bite of Infosys bit the dust

Giant private equity bank coveted a "significant minority stake" in Infosys when founders tussled with the board.

Aug 25, 2017

This is what Nandan Nilekani told Infosys investors and stakeholders on his first call

"I have the full support of the board, of Mr Murthy, of all the promoters," Nandan Nilekani said.

Aug 25, 2017

Vishal Sikka likely to join Hewlett Packard Enterprise as CTO

HP had not filled the position since Martin Fink stepped down last year.

Aug 25, 2017

Nandan Nilekani walks in as Infosys non-executive chairman: What happens now?

"I plan to be here as long as necessary and I will not be here as soon as I'm not necessary," Nandan Nilekani

Aug 25, 2017

Co-founder Nandan Nilekani back at Infosys as non-executive chairman

Shares of Infosys surged for a third straight day on Thursday, following reports that Nilekani could step in to the company's board in a bid to calm the ongoing controversies the company is going through at present.

Aug 25, 2017

Infosys board members offer to quit amid Nilekani's return; more resignations in the pipeline?

While co-founder Nandan Nilekani is set to return to Infosys as its non-executive chairman, the board members of the IT giant have offered to quit. Vishal Sikka's tenure too has come under question.

Aug 24, 2017

Is Nandan Nilekani's comeback to Infosys imminent?

Nilekani's return to Infosys gave a positive indication to market, as shares of the company registered a spike of 2.4 percent on Wednesday afternoon.

Aug 23, 2017

After Vishal Sikka's exit, here's what interim CEO UB Pravin Rao told Infosys staff [FULL TEXT]

Interim CEO UB Pravin Rao sent an email to the employees of Bengaluru-based Infosys and said that while Vishal Sikka had moved on, the show at the firm must go on.

Aug 23, 2017

Mohandas Pai favours Narayana Murthy again, Vishal Sikka trying to cover up 'bad performance'

Infosys' former chief financial officer TV Mohandas Pai has spoken out in favour of Murthy and said that Sikka has been blaming the co-founder and his interference as a cover up for his "bad performance."

Aug 22, 2017

Infosys meltdown: This is how much Murthy, Nilekani and other promoters lost

In absolute terms, the software service exporter has lost Rs 33,914.71 crore of its market capitalisation as of Monday's closing, after sell-off was triggered Friday morning

Aug 22, 2017

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Infosys

Shrugging off Sikka tremors, Infosys buys UK design firm for Rs 63 crore

Infosys to continue hiring 6,000 a year

Cashing in: Infy founders, including Murthy, Nilekani, put up shares worth Rs 2,038 cr for buyback

Infosys seeks shareholder nod to appoint Pravin Rao as MD

Infosys says engaging with shareholders on governance standards

Former Infosys Chairman Seshasayee asks Murthy to stop "personal attack"; here is the FULL TEXT

IT firms trim Q1 headcount by 3,000, first sequential fall in a decade

Streaming optimism: Infoscions sweep away boardroom blues in new Facebook video

Nilekani at work: Governance structure and CEO search immediate priorities

People started asking who was really in charge at Infosys: Vishal Sikka

For stake's sake: When Blackstone's bid for a bite of Infosys bit the dust

This is what Nandan Nilekani told Infosys investors and stakeholders on his first call

Vishal Sikka likely to join Hewlett Packard Enterprise as CTO

Nandan Nilekani walks in as Infosys non-executive chairman: What happens now?

Co-founder Nandan Nilekani back at Infosys as non-executive chairman

Infosys board members offer to quit amid Nilekani's return; more resignations in the pipeline?

Is Nandan Nilekani's comeback to Infosys imminent?

After Vishal Sikka's exit, here's what interim CEO UB Pravin Rao told Infosys staff [FULL TEXT]

Mohandas Pai favours Narayana Murthy again, Vishal Sikka trying to cover up 'bad performance'

Infosys meltdown: This is how much Murthy, Nilekani and other promoters lost

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