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.
Last Updated: Saturday, June 28, 2014, 21:54
This is the first senior level exit after Infosys named Sikka, a former SAP executive board member, as its new chief executive officer on June 12, choosing a non-founder as CEO for the first time.
Last Updated: Friday, June 27, 2014, 16:59
Commending the role of N R Narayana Murthy, veteran banker K V Kamath Friday said the Infosys co-founder had "got the cost equation right" to improve topline growth.
Last Updated: Friday, June 27, 2014, 12:09
Catamaran will hold a 51 percent stake in a holding company, with Amazon owning the rest.
Last Updated: Sunday, June 15, 2014, 00:31
Infosys founder N R Narayana Murthy on Saturday said it was "too early" to comment on the government headed by Narendra Modi but expressed hope of seeing `good days`.
Last Updated: Saturday, June 14, 2014, 18:10
Describing Sikka as a technology visionary, Murthy said he had carried out the mandate that the Infosys board had accorded him about an year ago.
Last Updated: Saturday, June 14, 2014, 12:05
Indian IT bellwether Infosys Ltd. will seek shareholders` consent Saturday to spin off its products, platforms and solutions (PPS) business to its subsidiary Edgeverve Systems Ltd for about USD 80 million (Rs.480 crore).
Last Updated: Saturday, June 14, 2014, 11:36
For the second time in three years, Infosys chairman N.R. Narayana Murthy will Saturday bid adieu to the iconic company he co-founded with four other techies in 1981.
Last Updated: Thursday, June 12, 2014, 20:47
Infosys said the chairman's office would be dissolved and Rohan would leave the company on Saturday.
Last Updated: Thursday, June 12, 2014, 20:21
Announcing the big shakeup at the top echelon, Murthy will step down as Executive Chairman on June 14.
Last Updated: Thursday, June 12, 2014, 13:27
He said that he is very happy and humbled to take on the responsibility as the new CEO of the nation's second-largest software services exporter.
Last Updated: Thursday, June 12, 2014, 10:48
Sikka, who quit SAP in May, comes in after four straight years of narrowing margins at Infosys. He will also be the company's managing director.
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