Infosys
- India
Infosys decides to cut workforce, lays off employees
New Delhi: Infosys, Indian multinational corporation and the second largest Indian IT company decided to cut its workforce. It decided to lay off employees at associate, middle and senior levels. According to…
- Business
Infosys fires non-performing employees: Report
BENGALURU: The country’s second largest software services company – Infosys – has terminated the services of non-performing employees at multiple levels as part of its involuntary attrition, a company source said on…
- Technology
Infosys gives stock to 6,949 mid-level employees
BENGALURU: Software major Infosys has granted stock incentives to 6,949 mid-level employees under the 2015 compensation plan, it said in a BSE filing on Thursday. “Around 2.2-lakh stock incentives in the form…
- World
US federal probe launched against Infosys
Mumbai: The US Securities and Exchange Commission is investigating Indian IT giant Infosys after whistleblowers alleged its top executives acted unethically to inflate revenues, the firm said Thursday. Infosys’ statement “The company…
- Business
Infosys logs worst fall in over 6 years, lose Rs 53,000 crore
MUMBAI: IT major Infosys saw its worst day on the bourses in over six years on Tuesday as investors pulled out their funds over recent corporate governance issues. Its scrips settled nearly…
- Automobile
Infosys to deliver digital transformation services for Volvo cars
Gothenburg: Digital services and consulting major Infosys said on Monday it has been selected as the main supplier to deliver Volvo Cars’ digital transformation services for its enterprise digital commercial operations applications…
- Technology
Infosys opens centre in Arizona, to hire 1,000 techies
BENGALURU: Global software major Infosys has opened a technology centre at Phoenix in Arizona, US, to accelerate innovation for its American enterprises. “We will hire 1,000 American techies over four years to…
- Technology
Infosys to drive Toyota arm in US on cloud
Global software major Infosys on late Tuesday said it would provide telematics software to carmaker Toyota’s material handling arm in the US on its cloud platform. “Toyota Material Handling North America has…
- Technology
Narayana Murthy awarded honorary doctorate by London varsity
LONDON: Infosys co-founder Narayana Murthy on Friday was awarded the honorary degree of Doctor of Science (Honoris Causa) by Royal Holloway, University of London, for his outstanding contribution to the field of…
- Business
Sensex up 200 pts, Nifty above 11,650
Mumbai: Sensex was trading over 200 points during the afternoon session of the trade on Tuesday, after openning higher.Buying was seen across sectors except IT.The IT index was dragged down by the…
- Stock Market
Equity indices in the green, IT and pharma stocks gain
Mumbai (Maharashtra) [India], July 15 (ANI): Equity benchmark indices were in the positive zone during early hours on Monday with IT and pharma stocks gaining ground. At 10:15 am, the BSE S&P…
- India
Infosys chairman’s concern about prevailing situation in country
New Delhi: Chairman of Infosys, Mr. Narayan Murthy expressed his concern over the prevailing situation in the country and said that there is a need for the youngsters to express their views…
- News
Infosys net up 5.1% yearly, down 6.8% quarterly
Bengaluru: Global software major Infosys on Friday reported Rs 3,798-crore consolidated net profit for the first quarter (Q1) of fiscal 2019-20, registering 5.1 per cent annual growth from Rs 3.612 crore in…
- Business
Infosys using automation to transform clients’ business: Nilekani
Bengaluru: Renewing legacy systems but discarding legacy mindsets, India’s global software major Infosys is relying on automation for digital transformation of their clients’ business, Chairman Nandan Nilekani said on Saturday. “We are…
- Jobs
TCS, Infosys increase hiring by 350% in FY19
Bengaluru: Amid a slowdown in job growth across sectors, IT services major Tata Consultancy Services (TCS) and Infosys hired about 42,000 more techies in the recently concluded fiscal 2018-19 than it did…
