GSTN glitch: Govt asks Infosys to submit resolution plan within 15 days

The finance ministry said such glitches on the portal leads to an unhealthy tax compliance requirement, more so on account of such disruptions, some taxpayers end up becoming liable for payment of late fee, interest.

Mar 09, 2020, 15:55 PM IST

Infosys denies co-founders' role in recent whistleblower allegations

Global software major Infosys on Wednesday strongly condemned the "mischievous insinuations" made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations.

Nov 06, 2019, 14:20 PM IST

Infosys draws flak over delay on whistleblower's complaint

Chairman Nandan Nilekani's statement said that a board member received two anonymous complaints on September 30, which were placed before the audit committee on October 10 and before the non-executive members of the Board on October 11.

Oct 22, 2019, 22:11 PM IST

Sensex loses 334 points, Nifty 73 as IT, tech, telecom stocks bleed

The BSE Sensex plunged 334 points to close at 38,963 while the 50-stock Nifty lost 73 points to finish the day at 11,588.

Oct 22, 2019, 16:04 PM IST

With no buyback tax, plans of a dozen firms may revive

Announcing yet another set of incentives to boost the economy, Finance Minister Nirmala Sitharaman said that listed companies which have announced buyback before July 5 (the Budget presentation day) will not be charged tax.

Sep 20, 2019, 15:28 PM IST

Infosys expands partnership with Google to become Cloud Managed Service Provider

As a Google Cloud MSP, Infosys will offer industry-specific solutions on GCP for healthcare, financial services, insurance, telecom and retail industries, it added.

Aug 22, 2019, 11:23 AM IST

Infosys June-quarter profit rises 5%, beats estimates

The company said on Friday net profit for the three months ended June 30 rose to 38.02 billion rupees from 36.12 billion rupees a year ago. Revenue from operations rose nearly 14%.

Jul 12, 2019, 16:36 PM IST

Infosys McCamish partners with Pan-American Life Insurance Group

This is the first time that PALIG is offering an IUL product as part of its diverse life insurance portfolio. The product will be available to high net worth international clients, it added.

Jun 28, 2019, 13:34 PM IST

Infosys CEO drew Rs 24.67 crore pay package in FY19

Parekh, who joined Infosys in January 2018, received Rs 6.07 crore in fixed salary and Rs 10.96 crore in bonus, incentives and variable pay in 2018-19.

May 20, 2019, 17:10 PM IST

Infosys Q4 net profit up 10.5% to Rs 4,078 crore

Revenue of the city-based firm grew 19.1 percent to Rs 21,539 crore in the quarter under review from Rs 18,083 crore in the corresponding period last fiscal, Infosys said in a BSE filing.

Apr 12, 2019, 16:44 PM IST

Infosys to buy 75% stake in ABN AMRO's subsidiary

The transaction is expected to close during the first quarter of fiscal 2020.

Mar 28, 2019, 13:45 PM IST

Infosys shareholders approve reappointment of Shaw as independent director; 7.7% dissent votes

In the public institution category, 93.57 per cent of the votes backed Shaw's reappointment, and about 6.4 per cent of the votes were against it.

Mar 18, 2019, 16:03 PM IST

Infosys launches 5G Living Labs in five global locations

Infosys’ newly established 5G Living Labs in five global locations include Bengaluru, Richardson, Indianapolis, Frankfurt and Melbourne.

Feb 26, 2019, 15:11 PM IST

Infosys to discuss share buyback, special dividend at Jan 11 board meet

The Bengaluru-based company is also slated to announce its third quarter results on January 11.

Jan 09, 2019, 10:35 AM IST

Infosys appoints Nilanjan Roy as CFO

He holds a Bachelor degree in Commerce  from the University of Delhi and is a Chartered Accountant.

Dec 21, 2018, 12:57 PM IST

Infosys to open innovation hub in Texas, hire 500 American workers by 2020

The Hub will be located in Richardson, Texas and have a special focus on the telecommunications, retail and banking sectors.

Nov 14, 2018, 15:14 PM IST

Infosys says 'will comply' with arbitration award to pay ex-CFO Bansal

Infosys had lost the arbitration over the severance package to Bansal and had been asked to pay outstanding amount of Rs 12.17 crore with interest.

Oct 16, 2018, 17:13 PM IST

Infosys Q2 net profit grows 10.3% to Rs 4,110 crore

It had posted a net profit of Rs 3,726 crore in the year-ago period, Infosys said in a BSE filing.

Oct 16, 2018, 16:29 PM IST

Infosys announces Rs 1.5 cr reward to push innovation in social work

Infosys Foundation, which is CSR arm of IT major Infosys, will select three individuals or non-government organisation and give them reward of up to Rs 50 lakh so that they can scale-up their work.

Oct 08, 2018, 17:33 PM IST