Infosys Technologies

Infosys to acquire chip designer InSemi for Rs280 crore

13 Jan 2024

IT services major Infosys on Thursday announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider for Rs280 crore.

Indian IT giants employ non-compete clauses in junior staff contracts

09 Jan 2024

In a recent development, major Indian IT companies, including TCS, Infosys, Wipro, HCLTech, and Tech Mahindra, have incorporated non-compete clauses into the contracts of junior employees, spanning from 6 to 12 months.

The Indian IT sector witnesses its first hiring slump in 25 years

30 Oct 2023

With the rise in geopolitical tensions and spending cuts by western countries, there has been a decline in hiring at most Indian IT companies.

Infosys founder Narayana Murthy encourages 70-hour workweek for Indian youngsters

27 Oct 2023

Narayana Murthy, founder of Infosys, has stunned everyone by stating that India’s work culture needs to change and that the young workforce needs to work 70 hours a week to make India a global superpower.

Infosys launches free AI training and certification programme

01 Jul 2023

Information technology major Infosys has launched 'Citizens Data Science', a free AI training and certification programme

ITC overtakes Infosys to become India's sixth most valuable company

09 May 2023

Infosys Q3 net profit up 13.4% at Rs6,586 cr

16 Jan 2023

For the full fiscal Infosys raised revenue guidance to 16-16.5 per cent  against the previously projected 15-16 per cent increase while retaining FY23 operating margin guidance at 21-22 per cent

Infosys offering up to 23% salary hike as attrition rate hits 27.7%: report

23 May 2022

Infosys exits Russia to end UK political and tax row

18 Apr 2022

Infosys Q4 net at Rs5,078 cr; revenue rises 13.1% to Rs26,311 cr

15 Apr 2021

Infosys also announced Rs9,200 crore share buyback, at a maximum price of Rs1,750 per share, a premium of 25 per cent to Tuesday’s closing price

Infosys Q3 net profit vaults 16.6% to Rs5,197 cr, revenue grows 6.6%

21 Jan 2021

Sebi may order forensic audit of Infosys over allegations: report

24 Jan 2020

Infosys Q3 net vaults 23.5% to Rs4,457 crore

10 Jan 2020

Infosys also increased its FY 20 revenue guidance to 10.0-10.5 per cent in constant currency, while maintaining operating margin guidance range at 21-23 per cent

Infosys ranked 3rd in 2019 Forbes ‘World’s Best Regarded Companies’ list

12 Dec 2019

Infosys gets UN Global Climate Action Award in ‘Carbon Neutral Now’ category

12 Dec 2019

Infosys to cut nearly 10,000 mid, senior level jobs

05 Nov 2019

Infosys employees group accuses CEO Salil Parekh of financial fudging

21 Oct 2019

In a letter to the board of Infosys, the employees have alleged that they were told not to report costs in recent quarters in a bid to inflate profits, adding that during the current quarter, there is pressure not to recognise $50 million of the costs incurred by the company

Infosys Q2 net down 2.2% at Rs4,019 crore

11 Oct 2019

Infosys 3rd in Forbes’ list of ‘World’s Best Regarded Companies’

24 Sep 2019

Visa and Ferrari topped the list that also had Indian companies like Tata Consultancy Services at 22, Tata Motors at 31, Tata Steel at 105 and L&T at 115

Infosys shares zoom over 7% on strong Q1 earnings

15 Jul 2019

Infosys on Friday reported strong performance in earnings and revenue for the April-June 2019-20 quarter and announced plans to recruit 18,000 people from campuses this fiscal

Infosys has over 2,200 Rs1-cr jobs outside India: report

08 Jul 2019

Infosys opens design and innovation studio in London

12 Jun 2019

The new Experience Design and Innovation Studio in Shoreditch, London expands Infosys’ global network of digital studios that focus on customer-centric experiences to bring together the best design, innovation, AI and emerging technologies

Infosys to allocate 50 million shares to employees

17 May 2019

The allocation of stocks that account for 1.15 per cent of the company’s equity shares will be made over a period of seven years, based on challenging performance criteria, including revenue growth and shareholder returns

Infosys cuts guidance despite 10.5% rise in Q4 net to Rs4,078 cr

15 Apr 2019

Infosys forecasts compressed margins for the year ahead at 21-23 per cent, much lower than its margin of 22.8 per cent in FY19, while TCS saw its margin rising from 25.6 per cent in FY19 to 26-28 per cent in FY20

Infosys to buy 75% in ABN Amro's mortgage services arm for $143.5 million

28 Mar 2019