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 members, had remained almost unchanged at about $ 7 million for fiscals, 2009-10 and 2010-11, as per an annual...
04:36 PM, May 13, 2012
Kolkata: IT major Infosys Technologies will start construction work on its first software development centre in West Bengal, at Rajarhat near Kolkata, in three to six months, a top company official said on Friday. "We have paid the money and got possession of the land. We hope to start construction work in three to six months," Infosys Technologies Executive Co-Chairman S Gopalakrishnan said on the sidelines of a CII event...
07:56 PM, Dec 09, 2011
Shanghai: Infosys Ltd, India's No 2 software services exporter, is looking for acquisitions worth up to $ 700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday. Infosys has been on the hunt for acquisitions in the healthcare and life science sectors and is looking at firms that have platforms or niches in geographies that its lacks. "Typically, the size we are looking for is up to 10 per cent...
11:25 AM, Oct 27, 2011
Bangalore: India's global software major Infosys Technologies Ltd. is reviewing its procedures to counter the charge of misusing B1 business visas to the US, a senior company official said on Wednesday. "We are in the midst of internal review of procedures/processes to respond to a US court notice on business visas. We will also cooperate with the investigation into the issues raised by the US Department of Justice," Infosys co-chairman...
05:43 PM, May 25, 2011
In conversation with the top management at Infosys after the change of guard in the company. ...
08:39 PM, May 01, 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 business process outsourcing and the company's focus is to help clients achieve business results. "We felt that the brand...
10:37 PM, Apr 30, 2011
Bangalore: The board of India's second-largest IT company Infosys is to decide on chairman N R Narayana Murthy's successor on Saturday. If one of the founders is handed the job then the other top posts will see changes as well. Sources say the Board is also likely to be expanded. V Balakrishnan, the current CFO and two more members may join the board according to reports. There are two main...
08:08 AM, Apr 30, 2011
Infosys' revenues decline 2.9 per cent to Rs 5,472 crore in the first quarter. ...
02:07 PM, Jul 10, 2009
The country's second largest software services firm has no plans to cut jobs. ...
03:46 PM, Dec 04, 2008
Infosys would still hire the 25,000 people it has targeted for this year. ...
12:52 PM, Dec 04, 2008
Karachi: Pakistan coach Waqar Younis and skipper Shahid Afridi are on collision course after it was revealed that latter isn't too happy with the former's interference in selection matters. Afridi is so upset with Waqar's behaviour that he was reluctant to play the last two ODIs against the West Indies and was persuaded by manager Intikhab Alam to lead the team. Pakistan lost both the matches but still managed to...
08:03 PM, Jan 22, 2008
India's IT services industry will see an erosion in margins due to the strengthening of the rupee. ...
04:29 PM, Jun 15, 2007
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