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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.

Sensex edges lower a day ahead of June derivatives expiry

Last Updated: Wednesday, June 25, 2014, 12:31

The BSE Sensex is down 0.04 percent, while the Nifty is lower 0.06 percent as caution ahead of the expiry of June derivatives on Thursday and concerns around Iraq cancel out the impact of buying by foreign investors

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.

NSE Nifty drops below 7,300-mark; Infosys tanks 8%

Last Updated: Thursday, May 29, 2014, 21:02

The 50-share index Nifty came off highs, logged on the back of election-related euphoria, on the day of expiry of monthly derivative contracts.

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 shares end 1% higher on subdued FY'15 revenue guidance

Last Updated: Tuesday, April 15, 2014, 20:37

Shares of Infosys on Tuesday closed nearly 1 percent higher after the company forecast a revenue growth of 7-9 percent in dollar terms for current fiscal -- way below industry body Nasscom's projection of 13-15 percent.

Infosys' Executive Council stands dissolved starting FY'15

Last Updated: Friday, March 28, 2014, 20:26

IT services major Infosys on Friday announced that its top decision-making body, the Executive Council, will be dissolved effective April 1, 2014.

Infosys revenue fell by 77% in Mar 2011-Mar 2013: Narayana Murthy

Last Updated: Thursday, March 13, 2014, 18:23

Expressing "great concern" over declining revenue growth, Infosys Executive Chairman N R Narayana Murthy said the rate of growth declined 77 percent during March 2011 to March 2013.

Infosys shares slump as revenue growth likely at bottom end of range

Last Updated: Thursday, March 13, 2014, 17:07

Shares of Infosys fell on Thursday after Chairman Narayana Murthy said revenue for the fiscal year ending March could grow at the lower end of the IT outsourcing company`s 11.5 to 12 percent projection.

Infosys falls around 8% on revenue outlook worries

Last Updated: Thursday, March 13, 2014, 10:35

Infosys in January raised revenue growth guidance for the 2013/14 financial year to between 11.5 and 12 percent.

Infosys reclaims status of top Sensex stock

Last Updated: Tuesday, January 21, 2014, 20:54

However, on the NSE, both ITC and Infosys had equal weight of 8.77 percent.