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Infosys

Infosys to dish out average performance bonus of 90% for Q2

Infosys to dish out average performance bonus of 90% for Q2

Wed, Nov 27, 2024

Last month, India's second-largest IT services company posted a nearly 5 per cent rise in its second-quarter net profit and raised revenue guidance for the year on broad-based recovery in demand, particularly from its key financial industry clients.

Infosys stock falls 4% after mixed Q2 show: Should you buy, sell or hold it?

Infosys stock falls 4% after mixed Q2 show: Should you buy, sell or hold it?

Fri, Oct 18, 2024

Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.

Infosys Dividend 2024: IT bellwether announces 420% interim dividend - Check record date and other details

Infosys Dividend 2024: IT bellwether announces 420% interim dividend - Check record date and other details

Thu, Oct 17, 2024

Infosys Dividend 2024: Meanwhile, the company has reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth.

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Stocks in Focus on March 11: Yes Bank, Tata Power to Infosys; here are expected 5 Newsmakers of the Day

Stocks in Focus on March 11: Yes Bank, Tata Power to Infosys; here are expected 5 Newsmakers of the Day

Wed, Mar 11, 2020

Stocks in Focus on March 11: Yes Bank, Tata Power, Granules India, Lakshmi Vilas Bank and Infosys are the expected five newsmakers today.

Income Tax fraud: Three Infosys techies held in Bengaluru

Income Tax fraud: Three Infosys techies held in Bengaluru

Mon, Mar 09, 2020

The company further said that, in the USA, all confirmed orders would keep its current capacity occupied till the third quarter of this year and even the potential beyond is also looking fairly robust as the major play for the company continues to be in gas sector.

Infosys CEO Salil Parekh gets stock incentives worth Rs 3.25 cr

Infosys CEO Salil Parekh gets stock incentives worth Rs 3.25 cr

Thu, Feb 27, 2020

Infosys CEO Salil Parekh gets stock incentive units worth Rs 3.25 crore under company's 2015 Incentive Compensation Plan.

This is what TCS, Infosys to Wipro top honchos think of Indian IT industry now

This is what TCS, Infosys to Wipro top honchos think of Indian IT industry now

Thu, Feb 13, 2020

Speaking at a rare panel discussion which had heads of all the top IT companies, immediate rival Infosys' chief executive Salil Parekh endorsed the views and called his company's offerings on cloud an example of this change.

Infosys to acquire Simplus in USD 250 million deal

Infosys to acquire Simplus in USD 250 million deal

Tue, Feb 11, 2020

IT major Infosys said on Monday that it will acquire Simplus, one of the fastest-growing Salesforce Platinum Partners in the US and Australia, in an up to USD 250 million deal. Simplus is majority-owned by the institutional investors, founders and key employees, with Salesforce Ventures having a minority stake. Its revenue stood at USD 67.1 million for the fiscal year ending January 31, 2020

NTLF 2020 edition to focus on entrepreneurship, trust in data in new decade

NTLF 2020 edition to focus on entrepreneurship, trust in data in new decade

Mon, Feb 03, 2020

This year's edition of the flagship Nasscom Technology and Leadership Forum (NTLF) will focus on a number of themes, including the future of entrepreneurship in the new decade, and trust and ethics in data

Captured! In heart-warming move, Narayana Murthy bows, touches Ratan Tata's feet

Captured! In heart-warming move, Narayana Murthy bows, touches Ratan Tata's feet

Wed, Jan 29, 2020

What do you expect when you see two powerful business personalities sharing the same stage? Well, we saw a glimpse of a heart-warming corporate moment that was actually captured in a video. The iconic Infosys co-founder, Naryana Murthy was seen bowing and touching veteran business doyen Ratan Tata's feet to take his blessings. Murthy was on the stage to honour Tata with a lifetime achievement award.

SBI share price soars on Monday; Infosys, Edelweiss, Indiabulls, SAIL in active stocks' list; YES Bank drops

SBI share price soars on Monday; Infosys, Edelweiss, Indiabulls, SAIL in active stocks' list; YES Bank drops

Mon, Jan 13, 2020

SBI share price is doing well and Infosys soared on the back of its Q3 results. IT, metal, pharma, bank and auto stocks have taken a lead.

Stocks in Focus on January 13: Infosys, Tata Steel to PSU Companies; here are the 5 Newsmakers of the Day

Stocks in Focus on January 13: Infosys, Tata Steel to PSU Companies; here are the 5 Newsmakers of the Day

Mon, Jan 13, 2020

The domestic market managed to end on a positive note on January 10, 2020, despite witnessing a volatile trading session across the week due to US-Iran conflict. But certain stocks made news after the market was closed and can make an impact on the indices when it reopens after the closure of two days on Monday, January 13, 2020.

Know how was Infosys Q3 results

Know how was Infosys Q3 results

Sat, Jan 11, 2020

The country's second-largest IT services firm Infosys on January 10 reported a 23.7 per cent rise in its consolidated net profit to Rs 4,466 crore for the quarter ended December 31, 2019. The company had posted a net profit of Rs 3,610 crore for the same period last year. #ZeeBusiness #Infosys

Infosys profits up by over 23% at Rs 4457 cr against 3609 cr in the year-ago period

Infosys profits up by over 23% at Rs 4457 cr against 3609 cr in the year-ago period

Fri, Jan 10, 2020

Infosys revenue for the quarter rose 7.9 percent to Rs 23,092 crore compared with Rs 21,400 crore in the year-ago period. Infosys profits up by over 23% on-year at Rs 4457 cr against 3609 cr in the year-ago period.

Infosys Q3 profit jumps 23.5% to Rs 4,457 crore; revenue guidance raised to 10-10.5%

Infosys Q3 profit jumps 23.5% to Rs 4,457 crore; revenue guidance raised to 10-10.5%

Fri, Jan 10, 2020

The country's second-largest IT services firm Infosys on January 19 reported a 23.7 per cent rise in its consolidated net profit to Rs 4,466 crore for the quarter ended December 31, 2019. The company had posted a net profit of Rs 3,610 crore for the same period last year. #Infosys #ZeeBusiness

Stock Market: SBI, Axis Bank to UltraTech Cement; Top 20 shares to buy in 2020 and make money from

Stock Market: SBI, Axis Bank to UltraTech Cement; Top 20 shares to buy in 2020 and make money from

Wed, Jan 01, 2020

Stock Market: At the beginning of New Year 2020, the Indian share market looks more polarised than its fractious politics!

Stocks in Focus on December 20: NMDC, Banking Stocks to Bajaj Finance; here are the 5 Newsmakers of the Day

Stocks in Focus on December 20: NMDC, Banking Stocks to Bajaj Finance; here are the 5 Newsmakers of the Day

Fri, Dec 20, 2019

Bajaj Finance, Bajaj Finance, SBI, Bank of Baroda, PNB, IT and Banking stocks are expected to remain newsmakers throughout the intraday trade session.

Infosys prefers settlements outside the law in US

Infosys prefers settlements outside the law in US

Thu, Dec 19, 2019

Infosys made an out-of-court settlement for $800,000 (Rs 5.7 crore) with the California Attorney General on charges related to an alleged violation of B-1 visa rules by it.

Infosys settles visa case with California for $800,000

Infosys settles visa case with California for $800,000

Wed, Dec 18, 2019

The California False Claims Act permits the Attorney General to recover treble damages and civil penalties against any person who knowingly makes or uses a false or fraudulent statement to either obtain money from the state or avoid paying money owed to the state.

Infosys settles visa payment dispute with California

Infosys settles visa payment dispute with California

Wed, Dec 18, 2019

Global software major Infosys on Wednesday said it had reached a settlement with the California Attorney General on charges related to B-1 visas to its techies.

Infosys Lawsuit: IT giant says is not aware of any additional complaints

Infosys Lawsuit: IT giant says is not aware of any additional complaints

Fri, Dec 13, 2019

Infosys Lawsuit: The tech major issued a statement citing it is not aware of any additional complaints, except for the one filed in October 2019.

Sensex above 41,000, Nifty regains 12K; Vedanta, Infosys, DHFL stocks gain

Sensex above 41,000, Nifty regains 12K; Vedanta, Infosys, DHFL stocks gain

Fri, Dec 13, 2019

The BSE Sensex regained 41,000 levels after logging 428 points gain while the Nifty-50 index shot up 114 points and closed at 12,086 levels. Bank Nifty index regained the psychological 32,000 levels after closing at 32,014 levels — above 348 points from its previous closing.

US law firm files class-action suit on Infosys

US law firm files class-action suit on Infosys

Thu, Dec 12, 2019

A United States-based rights litigation firm has filed a class-action lawsuit against tech services giant Infosys for making "false" and "misleading" statements to the market. The lawsuit, filed by The Schall Law Firm, accused Chief Executive Salil Parekh of avoiding standard reviews of mega deals to get rid of scrutiny.

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