Last Updated: Monday, December 02, 2013, 14:16
Even as Infosys trims its overseas headcount to reduce costs, the country's second largest software services firm today said it has opened a new branch office in Sydney and will hire 85 people.
Last Updated: Tuesday, November 26, 2013, 19:46
Infosys chief N.R. Narayana Murthy has said the company is looking at reducing the number of top officials and subcontractors at onsite locations in a bid to reduce operational costs, according to Barclays.
Last Updated: Monday, November 18, 2013, 20:36
Pratt, who joined the firm in 2004, has left the company to start his own entrepreneurial venture.
Last Updated: Wednesday, November 13, 2013, 00:06
Five eminent scientists, a noted historian and a reputed linguist from premier Indian institutes and overseas were Tuesday declared winners of the Infosys Science Foundation awards for 2013 here.
Last Updated: Friday, November 08, 2013, 23:23
The settlement, which the U.S. Justice Department said was the largest in a case of alleged civil fraud over visas, was filed in U.S. District Court for the Eastern District of Texas.
Last Updated: Thursday, October 31, 2013, 13:48
In one of the largest settlements in an immigration fraud case, Bangalore-based Infosys has agreed to pay the amount to resolve claims made by federal prosecutors in Texas.
Last Updated: Thursday, October 31, 2013, 13:27
Infosys also failed to monitor the status of foreign nationals that they had sponsored for travel and placement in the US by failing to maintain accurate I-9 forms and records for each foreign national as required by law, Bales said.
Last Updated: Wednesday, October 30, 2013, 22:22
A former American employee of Infosys, who had brought a whistleblower lawsuit against the IT giant, could receive about USD 5 million of the USD 34 million the Indian firm agreed to pay to settle a visa fraud investigation in the US.
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.
Last Updated: Tuesday, October 29, 2013, 20:57
US authorities have been investigating India`s second-largest information technology services exporter since 2011.
Last Updated: Tuesday, October 29, 2013, 12:22
Infosys is expected to be slapped a fine of USD 35 million -- said to be the largest immigration fine ever -- by the Justice Department for allegedly violating visa norms, the Wall Street Journal said.
Last Updated: Friday, October 25, 2013, 20:01
A leading player in the banking and finance vertical, the firm considers payment solution, which includes e-payments, as an important aspect of its growth story in the country.
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