Infosys Technologies
Infosys engages more engineers to clear GSTN glitches
04 Nov 2017
While traders blame Infosys for the GSTN imperfections, the IT major blames the government’s ever evolving policies and last-minute changes in rules for the glitches
Infosys board clears Panay probe, but keeps it under wraps
25 Oct 2017
The board of Infosys Ltd headed by acting chairman Nandan Nilekani has given a clean chit to the controversial Panay acquisition, saying there was no merit in the allegations of wrongdoing
Infosys to add 12,000 engineers in next 2 years; hire more in US, Europe
11 Sep 2017
Infosys says it plans to hire around 6,000 engineers annually over the next 1-2 years even as the visa issues necessitated increased local hiring in the US and Europe
Nilekani to get nil pay as Infosys non-executive chair
02 Sep 2017
Newly-appointed non-executive and non-independent chairman Nandan Nilekani, who has returned to the helm at Infosys after the departure of Vikas Sikka, will not accept any remuneration from the company
Murthy welcomes Nilekani, demands full clean-up of Infy board
30 Aug 2017
N R Narayana Murthy said an independent investigation into the allegations failed to address whistle-blower concerns of governance deficit and was instead used to exonerate the Infosys board from allegations regarding benefiting directly from Panaya and other acquisitions
Nandan Nilekani vows to clear Infosys of bad blood
26 Aug 2017
Nilekani made it clear that he has no intention to stay long or become CEO of the company, but said he wanted to see Infosys as a board-managed company with high standards of corporate governance
Nandan Nilekani likely to make a comeback at Infosys
23 Aug 2017
A prominent investor advisory firm has suggested that Infosys must convince Nandan Nilekani to rejoin the board as its non-executive chairperson
Learn to walk away, senior Infosys official tells Narayana Murthy
22 Aug 2017
“Learn to walk away, as you had promised when handing the reins to Vishal [Sikka],” says an open letter to Infosys founder N R Narayana Murthy from Omkar Goswami, a former Infosys board member and currently a member of its business process outsourcing (BPO) unit
Infosys announces buyback at Rs1,150
19 Aug 2017
Post Sikka exit, 3 US law firms launch probes into Infosys
19 Aug 2017
The law firms, representing institutional investors, are looking to pin Infosys on securities fraud or other unlawful business practices by its officers or directors, to recover stock market losses
Vishal Sikka quits as Infosys CEO; U B Pravin Rao takes over
18 Aug 2017
When former SAP CEO Visahl Sikka took over, Infosys was lagging behind industry growth. During his tenure as CEO, Infosys revenues have grown, with strong margin performance and cash generation
Narayana Murthy says he regrets quitting Infosys
18 Jul 2017
Infosys Q1 profit up 1.4% at Rs3,483 cr
14 Jul 2017
Sikka rides Infosys’ indigenous ‘driverless’ cart
14 Jul 2017
The autonomous vehicle is a symbol of cutting-edge technology and is meant to train other employees on technologies like artificial intelligence, Sikka said, adding that about 10 per cent of the company’s revenues this quarter came from new services and software
Infosys reaches $1-mn settlement with New York in visa case
24 Jun 2017
Infosys has reached a settlement for $1 million with the state of New York in a visa-related case, even though the company maintained it committed no wrongdoing and the probe was centred on alleged paperwork errors
Infosys hiring policy favours Asians, claims lawsuit in US
22 Jun 2017
A former head of immigration at Infosys in the US has filed a lawsuit against the company, accusing it of "discrimination" against non-South Asian employees, and demanded a trial by jury
Setback for Sikka: Infosys Americas head Sandeep Dadlani quits
17 Jun 2017
The resignation of Sandeep Dadlani comes as a setback to Infosys as the company’s senior management had shown signs of stability in the recent past
Infosys warns of risks from ‘activist shareholders’ in SEC filing
13 Jun 2017
Although the company has not named any names, it is widely perceived that some moves by its founders like N R Narayana Murthy clearly fall in the area of activism
Infosys founders may be looking to exit company: report
09 Jun 2017
Set up in 1981 as a private company, the promoters took it public in 1993 and turned it a professionally-managed company in 2014, but they now feel the company has lost its soul – the idea of Infosys
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