updated Sun. March 10, 2024
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Business Line
April 21, 2018
In a call with analysts, COO Pravin Rao said that Infosys had seven large deal wins in the January-March quarter, which amounted to a Total Contract Value (TCV) of $905 million. However, in the last twelve months, large deal TCV declined by 12 per cent when compared to 2017. TCV indicates the totalÃâà...
ZDNet
April 21, 2018
The name of the game for IT players is digital transformation, but Infosys and its Indian peers have been agonizingly slow in taking the urgent, necessary steps to change their business models and keep pace with industry leaders such as Accenture, Deloitte, and IBM. Just last week, however, Infosys madeÃâà...
Economic Times
April 20, 2018
With quarterly results out of their way, the big question for Infosys and TCS is which can hold investor attention better. The verdict is out. TCS on ... We are hopeful of Infosys returning to double-digit dollar revenue growth trajectory in FY19, with the targeted margin band of 26-28 per cent,” Sharekhan added.
Hindustan Times
April 19, 2018
While his support for aspiring entrepreneurs is commendable, the plan could run aground because, as Chairman Emeritus, Infosys Limited NR Narayana Murthy, warned on Tuesday, India is facing a huge talent crunch, which, in turn, is affecting entrepreneurship. The reasons behind this talent crunch areÃâà...
Economic Times
April 18, 2018
BENGALURU: Infosys has tasked Deepak Padaki, its executive vice president of strategy, M&A and chief risk officer, with leading its $500 million innovation fund, which has ... Padaki is an old Infosys hand and will focus on investments that will have a close relationship to Infosys' digital services strategy.
Moneycontrol.com
April 12, 2018
Country's second largest software services exporter, Infosys, is set to kick start the March quarter earnings season on Friday, April 13. Not just Infosys, the entire IT sector outperformed the benchmark Nifty50 index during the January-March period. It is a seasonally weak quarter for Infosys but analystsÃâà...
YourStory.com
April 2, 2018
He then went on to work as an engineer in Infosys for over 16 years before quitting his job in 2011 to venture into farming. Shankar took inspiration from Japanese farmer Masanobu Fukuoka, Narayan Reddy, a progressive farmer from Karnataka and Maharashtrian farmer Subhash Panekar. He travelled toÃâà...
Moneycontrol.com
April 2, 2018
We spoke to Infosys' management about demand environment and near term growth/margin triggers. Management cited confidence in delivering growth in line with the guidance. We expect steady Q4FY18 performance, an early sign of pick-up in demand, as Q4 tends to be an unpredictable quarter.
Economic Times
April 2, 2018
Chandan Taparia of Motilal Oswal Securities has a sell call on Infosys with a target price of Rs 1,085. The current market price of Infosys is Rs 1,134.40. Time period given by the analyst is 'Intra Day' when Infosys price can reach defined target.
Economic Times
April 2, 2018
Market Now: Maruti, Infosys among most active stocks in terms of value ... NEW DELHI: ICICI Bank (Rs 639.83 crore), Maruti Suzuki (Rs 156.07 crore), State Bank of India (Rs 123.71 crore) and Infosys (Rs 113.88 crore) were among the most active stocks in terms of value on NSE in morning trade onÃâà...
Hartford Business
April 2, 2018
Gov. Dannel P. Malloy at a press conference last month announcing that Infosys plans to hire 1,000 workers for its new Hartford hub. Beside him (left) is DECD Commissioner Catherine Smith and (right) Mayor Luke Bronin, Hartford HealthCare's Elliot Joseph, Infosys President Ravi Kumar, Cigna's MarkÃâà...
Business Line
April 1, 2018
Consider a call option on Infosys. K.S. Badri Narayanan T+ T-. Read the rest of this article by Signing up for Portfolio.It's completely free! Sign Up Now. Already subscribed? Login HereÃâà...
Market Realist
March 30, 2018
The Energy, Utilities, Communications, and Services segment of Infosys (INFY) has generated strong revenue growth for the company in the last five quarters. This segment comprises nearly 21.0% of the company's total revenues. The segment grew at a CAGR of 4.0%, which is the highest among itsÃâà...
Market Realist
March 30, 2018
In fiscal 3Q18, Infosys repurchased $2.0 billion in shares. The company made a total capital return of nearly $3.2 billion to its shareholders through buybacks and dividend payments in fiscal 3Q18. On a cumulative basis, Infosys generated free cash flow of ~$1.5 billion in fiscal 3Q18 compared to $1.2 billion in fiscal 3Q17.
Market Realist
March 30, 2018
Infosys (INFY) has a strong client portfolio triggered by higher global IT spending. The increased outsourcing trend in the European region, coupled with growing demand for digital transformation across all business segments, may boost its new client additions. In the last five quarters, Infosys added 358 new customers to itsÃâà...
The Asian Age
March 17, 2018
Infosys has guided for 5.5-6.5 per cent growth in revenue in constant currency terms for the ongoing financial year. It is also expected that Infosys' new CEO Salil Parekh could spell out the strategic roadmap for the company, for which a review was being undertaken. Parekh had said his immediate prioritiesÃâà...
Daily Pioneer
March 16, 2018
India's second largest software services firm Infosys will set up a new technology and innovation hub in Hartford, Connecticut, and hire 1,000 ... “We are excited to announce the expansion of our presence in Connecticut and to create 1,000 technology jobs in the state,” Infosys President Ravi Kumar said.
Moneycontrol.com
March 16, 2018
Infosys, India's second largest software services firm, today said it will announce the financial results for the quarter ended March 2018 and fiscal 2017-18 on April 13. The meeting of board of directors of the Bengaluru-based company will be held on April 12, 2018 and April 13, 2018 to consider the auditedÃâà...
Moneycontrol.com
March 16, 2018
Infosys, the country's second largest software services provider, will announce its January-March quarter earnings on April 13, 2018. The IT major informed exchanges on Friday that a meeting of the board of directors of the company will be held on April 12 and 13 to consider the audited consolidatedÃâà...
Nasdaq
March 16, 2018
Infosys Limited's INFY wholly-owned subsidiary , EdgeVerve Systems , recently announced that it has successfully implemented AssistEdge at Telekom Malaysia (TM) under the One View Application Layout program. EdgeVerve Systems' AssistEdge has played a crucial role in boosting productivity andÃâà...
Area Development Online
March 16, 2018
In May 2017, Infosys announced that it planned establish multiple technology and innovation hubs across the country with a focus on artificial intelligence, machine learning, user experience, emerging digital technologies, cloud, and big data. The Hartford hub is the latest announced by the company,Ãâà...
Economic Times
March 14, 2018
BENGALURU: Indian IT services major Infosys said it would open second US innovation hub in Hartford, Connecticut and hire 1000 American workers in the state ... Infosys last year proposed four such technology and innovation hubs in the US to boost activities on emerging technologies such as artificialÃâà...
Times of India
March 14, 2018
Rod Bourgeois, head of research in US-based DeepDive Equity Research, said Infosys is at a major crossroad, and he thinks Parekh needs to choose between a 25% operating margin and the ability to fully invest in digital capabilities. “Given the price aggression we see by Infosys combined with theÃâà...
Moneycontrol.com
March 8, 2018
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "For the day I have long and short trades both. IT is doing very well. Go long in the IT stocks where ever and whichever stock you like but for the day I have Infosys for long suggestion. You could actually buy the IT Index itself and then be on the sideÃâà...
Economic Times
March 8, 2018
IT giant Infosys said that it has not been named in the First Information Report (FIR) filed by the Central Bureau of Investigation (CBI) in relation to the alleged Income Tax fraud, and clarified that the central agency has not reached out to Infosys over this case. "Infosys Limited is not named as an accusedÃâà...
Economic Times
March 8, 2018
NEW DELHI: Most of the IT stocks including HCL Technologies (up 1.16 per cent) and Infosys (up 1.05 per cent) were trading up during Thursday's trade, keeping the Nifty IT index in the green. The Nifty IT index was trading 0.58 per cent up at 12,750 around 10:50 am (IST) on Thursday after the rupeeÃâà...
Economic Times
March 7, 2018
Infosys declined to comment on questions about Mitra's departure but said the fund was still a part of its strategy. “The innovation fund continues to monitor the landscape for exciting young companies to invest in, and is focused on building synergies with the current portfolio of companies we have investedÃâà...
The Hindu
March 7, 2018
Infosys announced that it has opened a technology and innovation hub in Indianapolis and the Bengaluru-based company has hired more than 2,500 American workers over the past one year. The Indianapolis Hub in One America Tower will train, upskill and reskill employees in the technologies requiredÃâà...
Economic Times
March 6, 2018
... powered by data insights and reimagining the core,” Ravi Kumar S, deputy chief operating officer at Infosys, said. Kumar said they expected some industry segments like retail, which had embraced digital in a big way, would have done this, but they didn't realise that it was largely focused on the front end.
Inside INdiana Business
March 6, 2018
Governor Eric Holcomb and Indianapolis Mayor Joe Hogsett have joined officials from India-based Infosys (NYSE: INFY) to cut the ribbon on the company's tech and innovation hub in downtown Indianapolis. The event comes nearly a year after the tech giant announced plans to locate in the city. Infosys isÃâà...
Quartz
March 6, 2018
The Donald Trump administration's tough stance on work visas is flipping the dynamics of the Indian IT industry. The sector, among India's top employment generators until some years ago, has been laying off employees in bulk at home. Yet, in the US—its main market, where it has been battling to secureÃâà...
Indianapolis Star
March 6, 2018
Infosys on Tuesday celebrated the opening of its Indianapolis technology hub, while pointing to a time when the company's ambitions might outgrow its new offices. In a ribbon-cutting ceremony that attracted gushing business and government leaders from across Central Indiana, Infosys executives saidÃâà...
NewsBytes
March 3, 2018
Officials of the CBI's Anti-Corruption Bureau, who have been investigating a 'revised tax return' fraud since late January, have found that I-T officials and Infosys employees connived with the Bengaluru-based chartered accountant Nagesh Shastri, the main accused in the fraud. While Shastri was filing falseÃâà...
Simply Wall St
March 3, 2018
Stock market crashes are an opportune time to buy. High quality companies, such as Infosys Limited, are impacted by general market panic and sell-off, but the fundamentals of these companies stay the same. In other words, now is the time to buy strong, well-proven stocks at an attractive discount.
Times of India
March 1, 2018
Green had filed the lawsuit in June last year, alleging that Infosys favoured employees who are of South Asian and of Indian descent. He alleged that Infosys deprived him of an equal right to work based on his race and that it retaliated against him because he complained about race discrimination. InfosysÃâà...
Business Standard
February 28, 2018
Infosys was up nearly 4% to Rs 1,189 on Wednesday in intra-day trade, extending its Tuesday's 0.6% gain on the BSE in otherwise weak market. The stock trading close to its 52-week high of Rs 1,220 touched on January 24, 2018 in intra-day trade. Infosys Finacle, part of EdgeVerve Systems,Ãâà...
Economic Times
February 28, 2018
NEW DELHI: IT stocks Tata Elxsi (up 2.19 per cent), Infibeam Incorporation (up 1.67 per cent), KPIT Technologies (up 1.38 per cent) and Infosys (up 1.01 per cent) ... Cipla, Infosys, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories and UPL were among the top gainers in the Nifty pack of stocks, whileÃâà...
Moneycontrol.com
February 28, 2018
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Yes Bank is a sell with a stop loss of 325, target of Rs 310. Federal Bank is also a sell with a stop loss of Rs 96, target of Rs 88." "Infosys is a buy with a stop loss of Rs 1160, target of Rs 1220. Indian Bank is a buy with a stop loss of Rs 324, target of RsÃâà...
Economic Times
February 22, 2018
NEW DELHI: Infosys shareholders have approved the appointment of Salil S Parekh as chief executive officer and managing director of the company, the ... In his first media interaction after announcement of his appointment as Infosys CEO and MD in January, Parekh had said his immediate prioritiesÃâà...
Economic Times
February 22, 2018
Late December, Infosys also entered into a settlement application with the Securities and Exchange Board of India relating to Bansal's settlement. The Bengaluru-headquartered company said the settlement application process is based on an undertaking that it will 'neither admit nor deny the finding of factÃâà...
Economic Times
December 31, 1999
Infosys has focused on controlling the amount of work done in the US and Europe and employee costs overseas, even as it plans to hire more people in those geographies in its ... Infosys has already reduced its targeted margin to 22-24% for FY19 from 23-25% as it needs to pay higher wages onshore.
Economic Times
December 31, 1999
Ecommerce major Amazon India has recently launched radio exclusively for its associates across fulfilment centres, sort centres and delivery stations, while IT services major Infosys has been using radio as an entertainment and communication tool for its employees since 2011, company officials said.
Economic Times
December 31, 1999
Markets regulator Sebi has accepted a consent plea by software services exporter Infosys in a case related to severance pay of its former chief ... Infosys filed the consent plea last year in December to settle charges of disclosure lapses regarding the severance agreement it signed with Bansal in 2015.
The Hindu
December 31, 1999
Infosys, India's second-largest software exporter, on Monday, announced plans to delist its American Depository Shares (ADS) from the Euronext Paris and Euronext London exchanges because of low trading volume. “The primary reason for seeking the proposed delisting is the low average daily tradingÃâà...
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