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Infosys at cusp of change, revival to be gradual: Analysts

Last Updated: Friday, July 11, 2014, 22:42

Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, analysts said Friday.

IT stocks fall up to 3.2% ahead of TCS results

Last Updated: Wednesday, April 16, 2014, 22:15

IT stocks Wednesday fell up to 3.2 percent due to intense selling pressure following a muted guidance from Infosys in its fourth quarter results.

Infosys shares pare losses; end nearly 2% up

Last Updated: Monday, April 15, 2013, 11:52

After falling nearly 4 percent during the day, shares of the company recovered the losses and finally settled 1.68 percent higher at Rs 2,333.95 on the BSE.

Infosys ups debt MF exposure to record high; bank deposits dip

Last Updated: Sunday, January 13, 2013, 11:47

The country's most cash-rich IT firm Infosys has ramped up its investments in debt mutual funds to an all-time high of Rs 7,365 crore, while paring its bank deposits to the lowest level since June 2010.

Infosys ups revenue guidance, shares soar 17%

Last Updated: Friday, January 11, 2013, 18:23

This would translate into a growth of 6.5 percent in revenues over last year against earlier forecast of 5 percent.

Infosys scouting for chief to head BPO business

Last Updated: Friday, January 11, 2013, 18:22

Software services major Infosys Friday said the company has started the process of finding a new chief executive for its BPO business in view of Swami Swaminathan's approaching retirement in July.

Wage hike for onsite workers; promotions for upto 9,000: Infosys

Last Updated: Friday, January 11, 2013, 18:16

Country's second largest software firm Infosys Friday said it will promote about 9,000 people and hike salaries of onsite employees by 2-3 percent in the ongoing quarter.

Ex-employee withdraws lawsuit against Infosys after settlement

Last Updated: Friday, December 14, 2012, 20:41

Infosys Friday said its former US employee Satya Dev Tripuraneni has withdrawn his lawsuit against the company following "successful mediation".

Infosys ranked second in IAOP Global Outsourcing 100 List

Last Updated: Monday, July 23, 2012, 20:38

Infosys on Monday said it has secured second position in the "2012 Global Outsourcing 100 List" compiled by International Association of Outsourcing Professionals (IAOP).

Infosys focusing on products and platforms: Kamath

Last Updated: Saturday, June 09, 2012, 21:58

IT bellweather Infosys is on course correction to cope with paradigm shift in technology business from traditional services business to products and platforms, its Chairman K V Kamath Saturday said.