Infosys among 3 IT vendors picked by Wal-Mart: Report

Wal-Mart Stores Inc, the world`s largest retailer, has picked three IT vendors including Infosys Technologies for multi-year contracts worth over USD 600 million, an Indian financial daily said on Friday.

Winners of Infosys Prize 2009 declared

The Infosys Foundation on Monday
announced the winners of Infosys Prize 2009, recognising
outstanding contributions to scientific research in India.

ICICI, Infosys among best firms for nurturing talent

As many as five Indian firms, including ICICI Bank and Infosys, have made it to the list of top 12 companies in the Asia
Pacific region for being instrumental in building leadership capability within their organisation.

Margin expansion unlikely in FY10: Infosys

The IT bellwether Infosys
Technologies on Tuesday said it expects the IT budget of its
clients to remain unchanged or marginally lower during 2010.

Infosys BPO to acquire US co McCamish for initial $38 mn

Infosys Technologies
on Thursday said its subsidiary Infosys BPO will acquire US-based
McCamish Systems for an initial payment of USD 38 million
(about Rs 176.6 crore).

Infosys partners with Nvidia, to set up technology centre

Infosys Tech and Nvidia, have announced a partnership to develop Nvidia Cuda (Compute Unified Device Architecture) Technology-enabled software solutions.

Infosys opens second IT services facility in Mexico

The country`s second-largest
software exporter Infosys Technologies on Monday said it has
opened a second development centre in Latin America.

Infosys BPO to hire 1500-2000 people by end of 2010 fiscal

Infosys BPO, the back-office unit
of IT firm Infosys Technologies, on Monday said it would hire
1500-2000 people by the end of the current fiscal.

Innovation important for pursuing growth: Infosys

In the wake of turbulent economic situation, the banking sector in US was looking at innovation as being very important to improving efficiency and pursuing growth, a report released by Infosys Technologies said on Wednesday.

Infosys to open 22 rural BPO centers in AP

Infosys BPO Limited, a subsidiary of IT major Infosys, a Tuesday signed an agreement with the Andhra Pradesh government to set up rural BPO centres in 22 districts of the state.

Infosys` Murthy sells shares to set up venture fund

Infosys Technologies co-founder and chairman N.R. Narayana Murthy has sold company shares worth $37 million to set up a venture capital fund, the company said on Thursday.

Infosys recognised among top 16 Asian cos listed in study

Infosys Technologies Ltd has been
recognized amongst the top 16 Asian companies to be listed in
the prestigious Most Admired Knowledge Enterprises (MAKE)
study, 2009.

Infosys to continue investing in manpower

Disclosing that it has increased salaries of its offsite and onsite employees, Infosys Technologies has said it would continue to invest in manpower.

No vulgar or outrageous salaries to CEO, COO: Infosys

Keen on setting an example in tough times, Infosys Technologies board member TV Mohandas Pai on Friday said the board members had taken the "deepest cut" in variable components of their salaries.

Infosys Q2 net rises 7.5% as pricing, biz environment improve

Bolstered by pricing stability, bellwether IT company Infosys on Friday posted 7.5 percent growth in profit for the second quarter and projected an increase in income for the entire fiscal but expressed concerns over currency fluctuations.

Infosys adds a total of 5,000 employees between Sept `08-09

Notwithstanding the economic slump, software services firm Infosys Technologies has increased its headcount and has made a total addition of over 5,000 employees in the last 12-month period.

Sensex rises 120 pts in opening trade on Infosys results

The Bombay Stock Exchange benchmark index Sensex on Friday added nearly 120 points in opening trade, extending yesterday`s gains after IT bellwether Infosys announced better-than-expected quarterly results.

Infosys projects 5.4% Q3 revenue decline, declares 200% interim dividend

Infosys Technologies Ltd has projected revenue of Rs.54.76 bn (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY).

India faces challenge of creating global brands: Murthy

India may be the second-fastest growing economy in the world, but it faces the challenge of constantly being innovative and creating global brands, Infosys co-founder and chief mentor N R Narayan Murthy said.

Indian ADRs lose USD 1.19 bn in a week

Indian stocks trading on American
bourses lost over USD 1 billion last week, with IT bellwether
Infosys accounting for most of the losses.