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Infosys seeks revival with more tech investments, staff

Last Updated: Friday, July 11, 2014, 18:30

India`s second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

Infosys to contribute Rs 240 cr towards CSR activities

Last Updated: Friday, July 11, 2014, 17:35

India's second largest IT firm Infosys today said it will contribute Rs 240 crore this fiscal to its philanthropic arm, Infosys Foundation, for funding corporate social responsibility (CSR) activities.

Infosys shares up 1% post earnings

Last Updated: Friday, July 11, 2014, 17:26

Shares of IT major Friday Infosys ended one percent higher after the company reported a healthy 21.6 percent growth in consolidated net profit for the first quarter.

Infosys to spin off products business into subsidiary

Last Updated: Saturday, June 14, 2014, 12:05

Indian IT bellwether Infosys Ltd. will seek shareholders` consent Saturday to spin off its products, platforms and solutions (PPS) business to its subsidiary Edgeverve Systems Ltd for about USD 80 million (Rs.480 crore).

Infosys shares down as top executive quits

Last Updated: Friday, June 06, 2014, 10:11

Infosys has lost at least 11 senior managers over the past year or so, as India`s second-largest IT services exporter looks for a new chief executive.

Infosys shares slump nearly 8% as CEO contender Srinivas quits

Last Updated: Thursday, May 29, 2014, 11:38

After making a weak opening, the stock of the IT major further tanked 7.63 per cent to Rs 2,930.10 on the BSE.

Infosys to pay record $34 mn to settle US visa row

Last Updated: Wednesday, October 30, 2013, 18:33

Infosys allegedly sent employees to the US with B-1 visitor visas and not on H1-Bs permits designed for high-tech workers.

Infosys, TCS shares fall on valuation, rupee concerns

Last Updated: Wednesday, August 21, 2013, 11:28

Infosys Ltd is down 1.9 percent while Tata Consultancy Services Ltd falls 1.4 percent.

Infosys unveils new solution for wealth management

Last Updated: Wednesday, August 07, 2013, 21:09

Global software major Infosys Ltd Wednesday unveiled a new solution for wealth management, which will enable banks to enhance their retail service to high net worth individuals and affluent customers.

Infosys braces for stormy AGM today

Last Updated: Saturday, June 15, 2013, 08:56

Co-founders and the board of India's second-largest global software major Infosys Ltd are bracing for a stormy 32nd annual general meeting (AGM) - over a "son rise" - in this tech hub Saturday.

Infosys Public Services to provide IT support to CareFirst

Last Updated: Thursday, June 13, 2013, 22:34

Infosys Public Services, a US-based subsidiary of Infosys, Thursday said CareFirst BlueCross Blueshield (CareFirst) has selected it to support IT operations and provide application development, besides other support services as part of a new managed services contract.

SEBI seeks info from Infosys on June 1 board meeting

Last Updated: Thursday, June 13, 2013, 22:32

Market regulator SEBI has sought clarifications from Infosys regarding its June 1 board meeting in which the company re-appointed N R Narayana Murthy as its Executive Chairman.