close
This ad will auto close in 10 seconds

Wipro announces Rs 11,000 crore share buyback

The company said it will disclose additional information on the terms and conditions of the buyback in due course in accordance with Buyback Regulations.

Reports of depression among IT professionals exaggerated: Mohandas Pai

Reports of depression among IT professionals exaggerated: Mohandas Pai

The reports of job insecurity leading to high levels of anxiety and depression among information technology professionals in India are baseless and exaggerated as there are no large scale layoffs, says a senior figure in the IT industry.

Narayan Murthy says regret quitting as Infosys chairman

Narayan Murthy says regret quitting as Infosys chairman

Opening up about his biggest regrets - personal or profession, he recounted that "a lot of my founder colleagues told me not to leave Infosys in 2014, to stay a few years".

Nifty slips, fails to defend 9,900-level

Nifty slips, fails to defend 9,900-level

Overseas, European stock markets were trading slightly higher while most Asian stocks rose in anticipation of US inflation data and earnings from some of the large banks.

Infosys wipes out early gains, ends 0.5% lower on late sell-off

Infosys wipes out early gains, ends 0.5% lower on late sell-off

Infosys, India's second-biggest software services exporter, today reported better-than-expected 1.3 percent rise in its June quarter net profit on winning key clients in North America and Europe and raised its annual US dollar revenue outlook.

Hiring 10,000 in US in 2 years, we do that in India in 2 quarters: Infosys

Hiring 10,000 in US in 2 years, we do that in India in 2 quarters: Infosys

Asserting that hiring in the US will not impact its recruitment plans in India, the Bengaluru-based company said it has rolled out campus offers to 19,000 people here.

Vishal Sikka showcases Infosys' indigenous 'driverless' cart- Must watch!

Vishal Sikka showcases Infosys' indigenous 'driverless' cart- Must watch!

The homegrown tech giant's efforts in developing the autonomous vehicle, according to Sikka, is aimed at training employees on new emerging technologies like artificial intelligence.

Infosys to execute capital allocation plan 'as soon as possible'

Infosys to execute capital allocation plan 'as soon as possible'

The Bengaluru-based company, which posted better-than- expected 1.3 per cent increase in its June quarter net profit, however, sidestepped questions on the recent reports of stake sale by the founders.

Infosys CFO MD Ranganath to move to the US

Infosys CFO MD Ranganath to move to the US

The first hub is being set up in Indiana that will hire 2,000 American workers by 2021 and a similar number of jobs will be created at the North Carolina hub.

Infosys June quarter profit shines with key client wins

Infosys June quarter profit shines with key client wins

Infosys, India's second-biggest software services exporter, today reported better-than- expected 1.3 per cent rise in its June quarter net profit on winning key clients in North America and Europe and raised its annual US dollar revenue outlook.

TCS upbeat on client spending after first-quarter profit dip

TCS upbeat on client spending after first-quarter profit dip

Top Indian software services exporter Tata Consultancy Services (TCS) said on Thursday it was optimistic about client spending on technology even as a cautious global environment and a stronger rupee dented first-quarter profit.

Inflation, IIP data, Q1 earnings to be market movers this week

Inflation, IIP data, Q1 earnings to be market movers this week

During the past week, the Sensex registered a rise of 439.02 points, or 1.41 percent, while the Nifty added 144.90 points, or 1.52 percent.

Jobs may be created to support GST implementation

Jobs may be created to support GST implementation

The two-day 13th India Innovation Summit with the theme, The New Wealth of Nations Innovation and Intellectual capital will begin here on July 13.

Infosys appoints D Sundaram as independent director

Infosys appoints D Sundaram as independent director

The appointment is based on the recommendations of the Nomination and Remuneration Committee of the Board, Infosys said in a statement.

 

No need to worry about foreign investors perception on GST: Narayana Murthy

No need to worry about foreign investors perception on GST: Narayana Murthy

Asked what GST means for India in economic terms globally if the country boosts its GDP by two per cent ahead of China, he pointed out that China has the second largest economy in the world, whose GDP was four times that of India.

 

Seven of top-10 most valued firms add Rs 29,779 crore in Market Capitalisation

Seven of top-10 most valued firms add Rs 29,779 crore in Market Capitalisation

SBI's market valuation advanced by Rs 2,587.62 crore to Rs 2,49,336.78 crore and that of HDFC went up by Rs 1,868.57 crore to Rs 2,62,529.94 crore.​

Infosys co-founders keep away from ''stormy'' AGM

Infosys co-founders keep away from ''stormy'' AGM

Though Murthy attended the last AGM with son Rohan Murthy, his conspicuous absence along with other co-founders surprised many investors.

H1-B Visa row: Infosys reaches $1 million settlement with New York State

H1-B Visa row: Infosys reaches $1 million settlement with New York State

Infosys said this settlement relates to legal issues already resolved under the 2013 settlement with the US Department of Justice and was reached by both parties to "avoid protracted litigation".

Audit finds no evidence of wrongdoing in Panaya deal: Infosys

Audit finds no evidence of wrongdoing in Panaya deal: Infosys

IT major Infosys on Friday said its internal audit committee has found no evidence supporting a whistleblower's allegations of improprieties related to the Panaya acquisition.

Infosys board to face investors' heat at AGM

The 36th Annual General Meeting of troubled software major Infosys Ltd on Saturday is likely to be stormy, as retail investors brace for a showdown with its board on corporate governance and performance issues.