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Infosys wins multi-year data centre deal from Daimler AG

Last Updated: Tuesday, July 22, 2014, 16:06

Under the agreement, the firm has completed successful transition to take over operation of European data centres of the automobile maker, it said.

Infosys co-founder donates $1.8 mn for brain research

Last Updated: Thursday, July 17, 2014, 15:17

In January, Gopalakrishnan had donated Rs 225 crore to set up a brain research centre in a joint effort between IISc and a trust formed by him and his wife.

LIC hikes stake in Infosys; buys shares worth Rs 1,100 cr

Last Updated: Sunday, July 13, 2014, 19:11

State-owned life insurer LIC has shored up its stake in Infosys to 3.82 percent, purchasing shares worth about Rs 1,100 crore in the April-June quarter.

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.

Change is a part of life, says S D Shibulal

Last Updated: Friday, July 11, 2014, 22:39

"Change is a part of life" were the parting words of S D Shibulal, the outgoing CEO of Infosys, who started the IT company with six friends over three decades back and turned it into an over USD 8 billion entity.

Infosys seeks revival with more tech investments, staff

Last Updated: Friday, July 11, 2014, 18:30

India`s second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

Infosys to contribute Rs 240 cr towards CSR activities

Last Updated: Friday, July 11, 2014, 17:35

India's second largest IT firm Infosys today said it will contribute Rs 240 crore this fiscal to its philanthropic arm, Infosys Foundation, for funding corporate social responsibility (CSR) activities.

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.

Attrition woes continue at Infosys; inches up to 19.5% in Q1

Last Updated: Friday, July 11, 2014, 16:54

Infosys has one of the highest attrition rates in the Indian IT industry at 19.5 percent, a trend that the software firm terms "worrisome".

Nifty posts biggest weekly loss in nearly 16 months

Last Updated: Friday, July 11, 2014, 14:53

The broader Nifty provisionally fell 1.4 percent, marking its lowest close since June 5, and its fourth consecutive decline after hitting a record high on Tuesday.

Sensex slips into negative zone; tanks nearly 200 points

Last Updated: Friday, July 11, 2014, 14:20

The benchmark BSE Sensex failed to hold initial gains and plunged nearly 200 points during mid-session as funds and retail investors indulged in profit-booking amid weak global cues.

Nifty gains after Infosys earnings beat estimates

Last Updated: Friday, July 11, 2014, 11:20

Infosys gains 3 percent, Tata Consultancy Services up 1.4 percent, Wipro is up 1.7 percent, HCL Technologies rises 1.6 percent while Tech Mahindra advances 2.1 percent.