Infosys Technology

  • Infy top management salary bill crosses $ 10 mn May 13, 2012

    New York: IT giant Infosys paid its top management personnel a total remuneration of $ 10.7 million (over Rs 50 crore) during the last fiscal, marking an increase of about 50 per cent from the previous year. The remuneration paid to its key management personnel, which includes directors and executive council...
  • Infosys topples RIL as most influential stock March 19, 2012

    Mumbai: IT major Infosys on Monday toppled Reliance Industries as Sensex's most influential scrip for the second time in less than two weeks. Measured in terms of its weightage on the key index of Indian stock market, the Sensex, Reliance Industries Ltd (RIL) had been consistently enjoying its position as...
  • Margins better than revenues: Narayana Murthy November 1, 2011

    Name: NR Narayana Murthy Profile: Chairman Emeritus, Infosys Technologies Age: 65 Why he won: For extraordinary leadership skills that have had a profound impact in building an enduring enterprise with a beneficial impact on the wider community. He has also pushed India Inc. to improve standards and helped raise its profile in the...
  • Infy, Gen-i to offer IT services in Australasia June 8, 2011

    New Delhi: The country's second largest software exporter Infosys on Wednesday announced a partnership with New Zealand-based Gen-i to offer IT services like IT consulting, business transformation and cloud-based offerings to Australasian companies. The partnership creates a new market proposition for local businesses by helping them to transform for competitive advantage,...
  • CNBC TV 18 exclusive: change of guard at Infosys May 1, 2011

    In conversation with the top management at Infosys after the change of guard in the company. ...
  • Infosys Tech to be renamed as Infosys Ltd April 30, 2011

    Bangalore: In tandem with leadership succession plan and move to transform the company into a next-generation global player in IT arena, Infosys Technologies on Saturday said it will be renamed as Infosys Ltd. Co-Chairman-designate S Gopalakrishnan said that Infosys has a broad range of services all the way from consulting to...
  • Private Equity: Pricing Imagination January 6, 2011

    Time was when the initial public offering of Infosys Technologies struggled to find investors and the lead managers had to underwrite the issue. And what a killing they made! The equity stake they picked up was worth more than 11 times in just seven years despite the dotcom meltdown. This legend...
  • On 30th yr, Infosys to reward staff with shares June 30, 2010

    Bangalore: Infosys Technologies will reward its employees with equity shares to mark the 30th year of its operations beginning July 2, the IT bellwether said on Wednesday. "All employees on the rolls will be eligible for a minimum of five equity shares with an incremental allocation of one share for...
  • Infosys seeing increase in outsourcing deals March 10, 2010

    Mumbai: IT major Infosys Technologies has witnessed an increase in outsourcing deals as all major markets are back on the recovery track, a top company official said. "What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys'...
  • Infosys among 3 IT vendors picked by Wal-Mart December 4, 2009

    Mumbai: Wal-Mart Stores Inc, the world's largest retailer, has picked three IT vendors including India's Infosys Technologies for multi-year contracts worth over $600 million, The Business Standard said on Friday. The other vendors are Cognizant Solutions and UST Global, the newspaper said, citing an unidentified source close to the development. Initially the...
  • Murthy sells Infosys shares to set up venture fund October 22, 2009

    Bangalore: Infosys Technologies chief mentor and chairman N R Narayana Murthy has sold 800,000 shares from his holding in the IT bellwether to set up a venture capital fund, the company said on Thursday. In a regulatory filing, Infosys said the shares sold by Murthy on October 21-22 accounted for 0.13...
  • 13 Indian firms in Forbes Asia's Fabulous 50 list September 24, 2009

    Kuala Lumpur: As many as 13 Indian companies, including Reliance Industries (RIL), Infosys Technologies and Tata Steel, have made it to the list of Forbes' 50 best listed companies in the Asia-Pacific region. "Our list is a mix of giant, established companies this year which includes Australian miner BHP Billiton, Hong...
  • West Bengal scraps Infosys, Wipro projects September 8, 2009

    Kolkata: The projects proposed by Infosys Technologies and Wipro in a township just outside the state capital has been scrapped, the West Bengal government informed the two IT majors on Monday. The projects were to come up in the proposed IT township at Rajarhat near Salt Lake but had become controversial...
  • Infosys has bid for over 10 India govt deals August 19, 2009

    Bangalore: Infosys Technologies, the country's second-largest IT services exporter, has bid for more than 10 large government projects in India, an official said, as part of a drive to lower its dependence on the US market. Infosys, which gets more than half its revenue from the United States, plans to generate...
  • Infosys most admired Indian company: WSJ survey August 14, 2009

    New York: IT bellwether Infosys Technologies has been adjudged as most admired Indian company, ahead of Tata Consultancy Services and Bharti Airtel, says a survey. Infosys has topped the list of 10 most admired Indian companies and is followed by IT major TCS at the second position, according to the...
  • Infosys lowers revenue projections for this fiscal July 10, 2009

    Bangalore: The meltdown has finally caught up with IT bellwether Infosys Technologies, forcing it to marginally lower its quarterly and annual revenue guidance for the first time even as it managed to stay afloat in the first quarter this fiscal. Infosys saw its revenues decline 2.9 per cent to Rs 5,472...
  • Infosys hires 3,538 people in first quarter July 10, 2009

    Bangalore: Undeterred by the impact of the global meltdown on its revenue and profits, IT bellwether Infosys Technologies and its subsidiaries hired 3,538 people in the first quarter of this fiscal. With retention remaining high, the company and its subsidiaries saw a net decline of 995 employees during the quarter under...
  • Let most legislators be English-speaking: Murthy April 21, 2009

    N R Narayana Murthy, founder-chairman and chief mentor of Infosys Technologies, is an optimist. The visionary business leader believes that there are “excellent people” in all political parties and in politics. In an interview to CNN-IBN’s H R Venkatesh, Murthy said citizens can bring about decency and competence in politics...
  • Infosys Q3 profits up 33 per cent, beats forecasts January 13, 2009

    Bangalore: Infosys Technologies, India's No 2 software services exporter, beat expectations with a one-third rise in quarterly profit, helped by a weaker rupee, even as a global downturn squeezed outsourcing. Infosys, which is also listed on Nasdaq, said October-December net profit rose to 16.41 billion rupees ($336.3 million) from 12.31 billion...
  • Infosys buys British consulting firm for £407 mn August 26, 2008

    Bangalore: Infosys Technologies on Monday announced plans to acquire UK-based SAP consulting company Axon Group for 407.1 million pound (Rs 3310 crore) in cash. The transfer of 100 per cent ownership is expected to be completed by November this year, officials of the NASDAQ-listed, Bangalore-headquartered IT major told reporters here. Infosys offered...
  • Infy headcount to cross 1,00,000 this year | Pet peeves April 15, 2008

    Bangalore: Headcount of Infosys Technologies Ltd is set to cross 1,00,000 this fiscal (2008-09), with a gross addition of over 20,000-25,000 people to its present strength of 91,187, a top company official said here on Tuesday. "We have already made campus offerings of 18,000 for this fiscal (FY 2009)," TV Mohandas...
  • Lookahead: What's making news today October 11, 2007

    New Delhi: ULFA has called a 12-hour bandh in Upper Assam on Thursday to protest the killing of its activist in Sibsagar district. As many as 3.5 lakh BSNL employees will go on a nation-wide dharna in support of their long-standing demands. Infosys Technologies has announced its second quarter earnings...
  • Infosys Q4 net jumps by 69 pc April 13, 2007

    New Delhi: Info tech bellwether Infosys Technologies on Friday announced its fourth quarter results. The company’s net profit increased by 69.27 per cent to Rs 1,124 crore for the quarter ended March 31, as compared to Rs 664 crore for the year-ago period. Compared to last quarter’s figure of Rs 983 crore,...
  • Infosys to declare Q4 results today June 19, 2007

    New Delhi: Market bellwether Infosys Technogies will declare its fourth quarter results on Friday. The stock markets, which have been reeling under a Bear Run for the last few weeks, are keenly waiting for the results. The company had reported a 50 per cent growth in revenue and profits in the...